$100K virtual funds
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What is a Demo Trading Account?
A Demo Trading Account is a type of trading account that allows a client to trade forex, stocks, and more without any initial capital outlay or deposits required. You will also get to familiarise yourself with the trading platform before trading with actual money.
When you open a Demo Account, you’ll be provided with virtual funds which you can use to practise making trades. These funds are not real money and can only be used for paper trades in the Demo Account.
Why use a Demo Trading Account?
If you are new to trading, a Demo Trading Account gives you the benefit of familiarising yourself with the platform and learn how the market works without having to take on any risk. It also allows you to practise different trading strategies, try trading different asset classes such as forex, shares, commodities, and ultimately prepare yourself for trading with real money.
This makes it suitable for beginners, and traders who want to experiment trading new asset classes.
What can I trade on a Demo Trading Account?
With a Vantage Demo Trading Account, you will be able to trade the following CFD markets:
How long does a free Demo Trading Account last?
A Vantage Demo Trading Account lasts for 30 days. However, if you open a live trading account, you will enjoy the feature of being able to use an unlimited demo account with no expiry.
How do I add more funds to my Demo Trading Account?
You can have up to $100,000 in virtual funds within your demo account to practice trading with.
Click on the ‘$’ sign option under the ‘Reset Balance’ column for the account which you would like to reset the balance. Specify the amount you would like to see as your demo account’s balance and click ‘Confirm’ to finalise the amount.
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