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  • Ways to trade
    • Trading accounts

      Choose from two account types depending on your strategy

    • Premium clients

      Exclusive rewards and bespoke benefits for high-vol traders

    • Pricing

      Discover our tight spreads, plus all other possble fees

    • Pro
    • Active trader program
    • Refer a friend
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    • Funding and withdrawals
  • Markets
    • Margin FX

      Get great rates on majors like EUR/USD, plus minors and exotics

    • Commodity CFDs

      Trade on metals, energies & softs, with oil spreads from 2 cents

    • Cryptocurrency CFDs

      Speculate on Bitcoin, Ether and more, with a trusted broker

    • Share CFDs
    • Index CFDs
    • ETF CFDs
    • Currency Index CFDs
    • Dividends for index CFDs
    • Dividends for share CFDs
    • CFD forwards
  • Trading platforms
    • TradingView

      Trade through the world-famous supercharts with great pricing

    • MetaTrader 5

      Explore the apex in trading automation with our execution tech

    • The Pepperstone platform
    • MetaTrader 4
    • cTrader
    • Trading tools
  • Market analysis
    • Navigating markets

      Latest news and analysis from our experts

    • The Daily Fix

      Your regular round-up of key events

    • Meet the analysts

      Our global team giving your trading the edge

  • About us
    • Who we are

      Pepperstone was born from the dream of making trading better

    • Company news
    • Company awards
    • Protecting clients online
    • Trading accounts

      Choose from two account types depending on your strategy

    • Premium clients

      Exclusive rewards and bespoke benefits for high-vol traders

    • Pricing

      Discover our tight spreads, plus all other possble fees

    • Pro
    • Active trader program
    • Refer a friend
    • Trading hours
    • 24-hour trading
    • Maintenance schedule
    • Risk management
    • Funding and withdrawals
    • Margin FX

      Get great rates on majors like EUR/USD, plus minors and exotics

    • Commodity CFDs

      Trade on metals, energies & softs, with oil spreads from 2 cents

    • Cryptocurrency CFDs

      Speculate on Bitcoin, Ether and more, with a trusted broker

    • Share CFDs
    • Index CFDs
    • ETF CFDs
    • Currency Index CFDs
    • Dividends for index CFDs
    • Dividends for share CFDs
    • CFD forwards
    • TradingView

      Trade through the world-famous supercharts with great pricing

    • MetaTrader 5

      Explore the apex in trading automation with our execution tech

    • The Pepperstone platform
    • MetaTrader 4
    • cTrader
    • Trading tools
    • Navigating markets

      Latest news and analysis from our experts

    • The Daily Fix

      Your regular round-up of key events

    • Meet the analysts

      Our global team giving your trading the edge

    • Who we are

      Pepperstone was born from the dream of making trading better

    • Company news
    • Company awards
    • Protecting clients online

Try a Pepperstone demo

Want to explore the markets without putting your capital on the line? Open a demo account for free. It’s the perfect way to sharpen your skills, test strategies and get a feel for our powerful trading platforms – all using virtual funds.

Create a demo account
a person using a smart phone.jpeg

Why use a Pepperstone demo account?

Whether you're new to trading or want to trial your latest strategy, a demo account lets you experience the markets without the risk. 

 

Here’s what you can do in demo mode1 

Unlimited virtual funds

Trade with unlimited virtual funds in a live market environment

Practise strategies

Practise strategies in real time with no financial risk

Explore our platforms

Explore our platforms and tools, including charts and indicators

Live prices

Get live prices on FX, indices, shares and commodities

Refine your skills

Build confidence and refine your skills before going live

Round-the-clock

Access round-the-clock support 2 and free trading guides

Explore our powerful platforms

We offer demo accounts on the same powerful platforms available to live Pepperstone traders, so you can find the one that works best for you.

PlatformDescription
MetaTrader 4 (MT4)Automate your trading with the definitive margin FX platform. Customise with indicators, EAs and pattern-recognition software.
MetaTrader 5 (MT5)An even-more powerful version of MetaTrader with more markets, more order types, and more advanced features.
TradingViewTrade directly through show-stopping charts, with hundreds of in-built indicators and strategies.
Pepperstone platformIntuitive design, seamless mobile and desktop experience, essential trading tools.
cTraderReplicate an institutional liquidity environment and develop trading robots to automate on your behalf.

How to open a demo account

Getting started only takes a few minutes.

 

1. Click the ‘create a demo account’ button to enter our sign-up journey. It’s the same journey you’d start if you wanted to open a live account.

2. Enter your email address and a password, or select another sign-up method.

3. Give us a few basic details (name, date of birth and mobile number) to set up your Pepperstone profile.

4. You can now access your account dashboard! Select the ‘demo’ tab and create a practice account instantly.

From your account dashboard, you can also continue the journey to a live account, or add demos for different platforms to see which one you like the best.

Create a demo account

Already a Pepperstone client?

A demo account isn’t just for new traders. 

Log in and head to your account dashboard to open a demo account on any of our five intuitive platforms.

You can use it to:

Trial different platforms and tools
Refine a strategy before you go live
Test out different order types or setups
Explore new markets without committing capital

Demo trading: what you need to know

cTrader and TradingView demo accounts expire after 90 days of inactivity. Pepperstone, MT4 and MT5 demo accounts expire after 60 days of inactivity. Activity is defined as trading or logging in.

 

We can convert your MT4/5 or Pepperstone demo to a non-expiry account if you're fully approved and have a live, funded Pepperstone account.

 

Non-expiry MT4 demo accounts can still expire if inactive – even if you have open trades.

 

Non-expiry MT5 demo accounts won’t be deleted if you have open positions – they’ll remain until the trades are closed.

We offer demo accounts on TradingView, cTrader, MetaTrader 4 (MT4), MetaTrader 5 (MT5) and the Pepperstone platform.

 

If you have a Pepperstone live account, you can create up to 10 demo accounts.

 

If you don’t have a live account, you can create up to 5 demo accounts.

 

If you’re unable to request a new demo account on a specific platform, it means you have reached the limit for that platform.

You can top up your virtual funds at any time in cTrader and in TradingView (via cTrader). For MT4, MT5, or Pepperstone demo accounts, please contact our support team at support@pepperstone.com to request a top-up.

 

Some live features, including copy trading on cTrader and Pelican accounts for MT4/5, are restricted in demo mode.

 

We don’t offer swap-free demo accounts.

 

We don’t charge demo accounts for interest, dividend adjustments, or out-of-hours price movements.

 

We may reject demo trades if you have insufficient virtual funds or the order exceeds volume limits.

 

Demo trades can be closed due to lack of margin, just like live trades.

Still exploring?

Our Education section offers market insight, trading guides and strategy inspiration to help you make the most of your demo experience.

Explore Education

1Demo accounts are for testing execution and may not reflect live trading conditions. 

218 hours at weekends.



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Melbourne, VIC Australia 3008
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© 2025 Pepperstone Group Limited

Risk Warning: Trading CFDs and margin FX is risky. It isn't suitable for everyone and if you are a professional client, you could lose substantially more than your initial investment. You don't own or have rights in the underlying assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn't take into account your personal objectives, financial circumstances, or needs. You should consider whether you’re part of our target market by reviewing our TMD, and read our PDS and other legal documents to ensure you fully understand the risks before you make any trading decisions. We encourage you to seek independent advice if necessary.

Pepperstone Group Limited is located at Level 16, Tower One, 727 Collins Street, Melbourne, VIC 3008, Australia and is licensed and regulated by the Australian Securities and Investments Commission.

The information on this site and the products and services offered are not intended for distribution to any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

© 2024 Pepperstone Group Limited | ACN 147 055 703 | AFSL No.414530