Crypto brokers with demo accounts allow you to test your trading strategies without actually putting your funds at risk. A demo account is great for beginners who want to get into crypto trading. Demo accounts usually do not require an initial deposit with a broker and do not charge inactivity fees. The following are our top 10 crypto brokers with demo accounts.
Best Crypto Brokers with Demo Account
Country
Any
Country
Rating
Any
Rating
Bonuses
Any
Bonuses
Regulated
Any
Regulated
Investor Protection
Any
Investor Protection
All filters
Clear
Order by
Pros
-
Regulated by Top-Tier Authorities
-
User-Friendly Proprietary Platform
-
Competitive Spreads for Active Traders
Cons
-
Limited Product Portfolio
-
High Bank Withdrawal Fees
-
No Two-Step Authentication on Trading Platforms
Withdrawal fee
N/A
Deposit fee
4.1
Max leverage
N/A
Min deposit
N/A
Top Regulators
N/A
Add to compare list
Available in
1
Expand
Pros
-
Regulated by Top-Tier Authorities
-
User-Friendly Proprietary Platform
-
Competitive Spreads for Active Traders
Cons
-
Limited Product Portfolio
-
High Bank Withdrawal Fees
-
No Two-Step Authentication on Trading Platforms
- Withdrawal feeN/A
- Deposit feeN/A
- Max LeverageN/A
Specialized trading accounts
Affiliate Program
Pros
-
One of the main advantages of Mirrox is the variety of account types it offers. This allows traders to choose an account that fits their trading experience and style, from beginners to more advanced users.
-
Mirrox provides a maximum leverage of up to 1:400, which can be appealing for those who want to maximize their trading opportunities. This high leverage enables traders to control larger positions with a smaller investment, though it’s important to remember that it also increases the risk.
-
The broker ensures multiple ways to reach support, including live chat, email, and phone. This accessibility is bolstered by 24/7 availability, meaning traders can get help whenever they need it, regardless of their time zone.
Cons
-
Mirrox does not currently offer a mobile trading app, which could be inconvenient for traders who prefer to manage their trades on the go.
-
The platform lacks social or copy trading features, which are popular among traders who like to follow or mirror more experienced traders’ strategies.
-
Mirrox operates with a single trading platform (WebTrader), which might not appeal to traders who prefer using other popular platforms like MetaTrader 4 or 5. The lack of platform choice can be limiting for those who are used to other trading software or want to try different interfaces.
Withdrawal fee
3.5%
Deposit fee
4.1
Max leverage
1:400
Min deposit
$250
Top Regulators
No
Add to compare list
Available in
Expand
-
Specialized trading accounts
-
Affiliate Program
Pros
-
One of the main advantages of Mirrox is the variety of account types it offers. This allows traders to choose an account that fits their trading experience and style, from beginners to more advanced users.
-
Mirrox provides a maximum leverage of up to 1:400, which can be appealing for those who want to maximize their trading opportunities. This high leverage enables traders to control larger positions with a smaller investment, though it’s important to remember that it also increases the risk.
-
The broker ensures multiple ways to reach support, including live chat, email, and phone. This accessibility is bolstered by 24/7 availability, meaning traders can get help whenever they need it, regardless of their time zone.
Cons
-
Mirrox does not currently offer a mobile trading app, which could be inconvenient for traders who prefer to manage their trades on the go.
-
The platform lacks social or copy trading features, which are popular among traders who like to follow or mirror more experienced traders’ strategies.
-
Mirrox operates with a single trading platform (WebTrader), which might not appeal to traders who prefer using other popular platforms like MetaTrader 4 or 5. The lack of platform choice can be limiting for those who are used to other trading software or want to try different interfaces.
- Withdrawal fee3.5%
- Deposit fee$0
- Max Leverage1:400
24/7 Customer Support
Multilingual Support
Pros
-
Extensive range of tradable instruments: With over 160 CFD instruments available, including stocks, forex, indices, commodities, metals, and cryptocurrencies, traders have ample options to diversify their investment portfolio.
-
Commission-free trading: There are no commissions on standard trades as the broker earns from spreads, which are also very competitive (starting ~0.9 pips). This transparent fee model means lower and straightforward costs for traders.
-
24/7 Multilingual Customer Support: Customer support is accessible 24/7 in four languages to help traders access support in their preferred language.
Cons
-
Offshore Regulation: Savexa is regulated in Mwali (Comoros) instead of a tier-1 regulatory jurisdiction. The broker is offshore regulated which means the investors do not get the tier-1 investor protection features.
-
Lack of MetaTrader Platforms: Savexa does not offer the popular MetaTrader 4 or 5. Many seasoned brokers prefer using MetaTrader for their trades instead of WebTrader.
-
Limited Advanced Strategies: The broker does not allow advanced strategies like scalping and arbitrage trading. Lack of MetaTrader further means copy trading and auto trading are absent as well.
Withdrawal fee
N/A
Deposit fee
4.1
Max leverage
1:400
Min deposit
$250
Top Regulators
No
Add to compare list
Available in
3
Expand
-
24/7 Customer Support
-
Multilingual Support
Pros
-
Extensive range of tradable instruments: With over 160 CFD instruments available, including stocks, forex, indices, commodities, metals, and cryptocurrencies, traders have ample options to diversify their investment portfolio.
-
Commission-free trading: There are no commissions on standard trades as the broker earns from spreads, which are also very competitive (starting ~0.9 pips). This transparent fee model means lower and straightforward costs for traders.
-
24/7 Multilingual Customer Support: Customer support is accessible 24/7 in four languages to help traders access support in their preferred language.
Cons
-
Offshore Regulation: Savexa is regulated in Mwali (Comoros) instead of a tier-1 regulatory jurisdiction. The broker is offshore regulated which means the investors do not get the tier-1 investor protection features.
-
Lack of MetaTrader Platforms: Savexa does not offer the popular MetaTrader 4 or 5. Many seasoned brokers prefer using MetaTrader for their trades instead of WebTrader.
-
Limited Advanced Strategies: The broker does not allow advanced strategies like scalping and arbitrage trading. Lack of MetaTrader further means copy trading and auto trading are absent as well.
- Withdrawal feeN/A
- Deposit feeN/A
- Max Leverage1:400
Specialized trading accounts
24/7 instant money withdrawal
Free VPS hosting
Pros
-
Competitive Trading Conditions
-
Wide Range of Tradable Instruments
-
Advanced Trading Platforms
Cons
-
Limited Regulatory Oversight for Some Entities
-
Limited Educational Resources for Beginners
-
Mixed User Reviews
Withdrawal fee
$0
Deposit fee
4.8
Max leverage
1:2000
Min deposit
$10
Top Regulators
FCA, CYSEC
Add to compare list
trusted
Not available in
4
Expand
-
Specialized trading accounts
-
24/7 instant money withdrawal
-
Free VPS hosting
Pros
-
Competitive Trading Conditions
-
Wide Range of Tradable Instruments
-
Advanced Trading Platforms
Cons
-
Limited Regulatory Oversight for Some Entities
-
Limited Educational Resources for Beginners
-
Mixed User Reviews
- Withdrawal fee$0
- Deposit fee$0
- Max Leverage1:2000
24/7 instant money withdrawal
Specialized trading accounts
Pros
-
High Leverage Options
-
Low Initial Deposit Requirements
Cons
-
Lack of Proper Regulation
-
Withdrawal Issues
-
Poor Customer Support
Withdrawal fee
$0
Deposit fee
4.8
Max leverage
1:3000
Min deposit
$1
Top Regulators
No
Add to compare list
trusted
Not available in
5
Expand
-
24/7 instant money withdrawal
-
Specialized trading accounts
Pros
-
High Leverage Options
-
Low Initial Deposit Requirements
Cons
-
Lack of Proper Regulation
-
Withdrawal Issues
-
Poor Customer Support
- Withdrawal fee$0
- Deposit fee$0
- Max Leverage1:3000
Specialized trading accounts
Free VPS hosting
24/7 instant money withdrawal
Pros
-
Multi-Regulated Broker: XM has multiple regulations including CySEC (Cyprus), FSC (Belize and Mauritius), FSA (Seychelles), and DFSA (Dubai).
-
Variety of Bonuses: The broker offers an extensive range of bonuses including welcome, no-deposit, and seasonal offers that can boost capital and allow profit withdrawal.
-
Consistent High Leverage and Low Spreads: The company offers consistently low spreads and a high leverage even during volatile market conditions.
Cons
-
Not Available in the US: XM does not accept clients from the US. For traders based in restricted regions, it is best to look for other options.
-
Offerings May Differ Based on Location: Payment methods, trading strategies, and bonuses may vary depending on your location.
-
Inactivity Fees: XM charges a dormant fee when your account stays dormant for consecutive 90 days. You are charged an inactivity fee of $5 per month.
Withdrawal fee
$0
Deposit fee
4.8
Max leverage
1:1000
Min deposit
$5
Top Regulators
CySEC, FSCA, DFSA
Add to compare list
trusted
Not available in
6
Expand
-
Specialized trading accounts
-
Free VPS hosting
-
24/7 instant money withdrawal
Pros
-
Multi-Regulated Broker: XM has multiple regulations including CySEC (Cyprus), FSC (Belize and Mauritius), FSA (Seychelles), and DFSA (Dubai).
-
Variety of Bonuses: The broker offers an extensive range of bonuses including welcome, no-deposit, and seasonal offers that can boost capital and allow profit withdrawal.
-
Consistent High Leverage and Low Spreads: The company offers consistently low spreads and a high leverage even during volatile market conditions.
Cons
-
Not Available in the US: XM does not accept clients from the US. For traders based in restricted regions, it is best to look for other options.
-
Offerings May Differ Based on Location: Payment methods, trading strategies, and bonuses may vary depending on your location.
-
Inactivity Fees: XM charges a dormant fee when your account stays dormant for consecutive 90 days. You are charged an inactivity fee of $5 per month.
- Withdrawal fee$0
- Deposit fee$0
- Max Leverage1:1000
24/7 instant money withdrawal
Pros
-
Unlimited demo account: Both new and experienced traders can access the different HYCM demo accounts across the broker’s platform for as long as they like. This will help new players become better skilled and experienced players more familiar with the various trading environments on the platform.
-
Supports multiple languages: Another HYCM bonus is its earned regulatory approval in 140 countries. This strongly indicates the broker’s versatility. Depending on the traders’ nationality, anyone can enjoy full access to the trading platform in their preferred language.
-
Long-standing reputation: With over 40 years in the financial industry, HYMC stands tall as an industry leader that has stood the test of time. Its financial services have also improved over the years to increase the platform’s functionality and create an enjoyable trading experience.
Cons
-
Customer support is unavailable during weekends: Since the broker offers financial services for some trading instruments that operate 24/7, customer support must be available round the clock. However, HYMC’s customer support services across all platforms are only available on weekdays. This means traders have to wait till weekdays to access customer support if the need arises on weekends.
Withdrawal fee
No
Deposit fee
4.8
Max leverage
1:400
Min deposit
20$
Top Regulators
FCA
Add to compare list
trusted
Not available in
7
Expand
-
24/7 instant money withdrawal
Pros
-
Unlimited demo account: Both new and experienced traders can access the different HYCM demo accounts across the broker’s platform for as long as they like. This will help new players become better skilled and experienced players more familiar with the various trading environments on the platform.
-
Supports multiple languages: Another HYCM bonus is its earned regulatory approval in 140 countries. This strongly indicates the broker’s versatility. Depending on the traders’ nationality, anyone can enjoy full access to the trading platform in their preferred language.
-
Long-standing reputation: With over 40 years in the financial industry, HYMC stands tall as an industry leader that has stood the test of time. Its financial services have also improved over the years to increase the platform’s functionality and create an enjoyable trading experience.
Cons
-
Customer support is unavailable during weekends: Since the broker offers financial services for some trading instruments that operate 24/7, customer support must be available round the clock. However, HYMC’s customer support services across all platforms are only available on weekdays. This means traders have to wait till weekdays to access customer support if the need arises on weekends.
- Withdrawal feeNo
- Deposit feeNo
- Max Leverage1:400
24/7 instant money withdrawal
Free VPS hosting
Specialized trading accounts
Pros
-
No obligation demo accounts with US$50,000 of virtual funds to practice with
-
24/5 Customer support available
-
Multilingual support in 14 languages
Cons
-
Limited trading platform options
-
Limited trading instruments
-
Only forex and CFD trading
Withdrawal fee
N/A
Deposit fee
4.5
Max leverage
N/A
Min deposit
N/A
Top Regulators
ASIC
Add to compare list
Not available in
Expand
-
24/7 instant money withdrawal
-
Free VPS hosting
-
Specialized trading accounts
Pros
-
No obligation demo accounts with US$50,000 of virtual funds to practice with
-
24/5 Customer support available
-
Multilingual support in 14 languages
Cons
-
Limited trading platform options
-
Limited trading instruments
-
Only forex and CFD trading
- Withdrawal feeN/A
- Deposit feeN/A
- Max LeverageN/A
Rating
4.5
/ 5
Expand
Start trading
74% to 82% of retail investor accounts lose money when trading CFDs with this provider.
Specialized trading accounts
Pros
-
Solid Regulatory Oversight
-
Fast Execution Speeds
-
Innovative Trading Tools
Cons
-
Limited Asset Range
-
Commissions and Fees
-
Mixed Customer Support Reviews
Withdrawal fee
0$
Deposit fee
4.2
Max leverage
1:400 (1:30 for EU)
Min deposit
0$
Top Regulators
FCA
Add to compare list
Not available in
Expand
-
Specialized trading accounts
Pros
-
Solid Regulatory Oversight
-
Fast Execution Speeds
-
Innovative Trading Tools
Cons
-
Limited Asset Range
-
Commissions and Fees
-
Mixed Customer Support Reviews
- Withdrawal fee0$
- Deposit fee0$
- Max Leverage1:400 (1:30 for EU)
Start trading
Add to compare list
74% to 82% of retail investor accounts lose money when trading CFDs with this provider.
Free VPS hosting
Specialized trading accounts
24/7 instant money withdrawal
Pros
-
Highly Regulated and Trustworthy
-
Excellent Asset Selection
-
Multiple Account Types
Cons
-
High Minimum Deposit for Best Conditions
-
Limited Educational Resources
-
Occasional Customer Support Delays
Withdrawal fee
N/A
Deposit fee
4.2
Max leverage
N/A
Min deposit
N/A
Top Regulators
ASIC
Add to compare list
Not available in
Expand
-
Free VPS hosting
-
Specialized trading accounts
-
24/7 instant money withdrawal
Pros
-
Highly Regulated and Trustworthy
-
Excellent Asset Selection
-
Multiple Account Types
Cons
-
High Minimum Deposit for Best Conditions
-
Limited Educational Resources
-
Occasional Customer Support Delays
- Withdrawal feeN/A
- Deposit feeN/A
- Max LeverageN/A