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Best Non-Expiring Forex Demo Accounts

TopBrokers.com has prepared a special rating for you. It includes the leading companies supporting non-expiring Forex demo accounts. It is perfect for beginners who want to get their first trading experience on the Forex market. Besides, the use of such an account is also extremely attractive for more experienced traders who want to further test the developed trading strategies in real conditions of the current market. Please note that not all brokers offer their clients the opportunity to use non-expiring trading accounts of the demo type.Best Non-Expiring Accounts Table

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Forex.com
Available in
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  • Specialized trading accounts
  • 24/7 instant money withdrawal
Pros
  • Top-Tier Regulation

  • Low Forex Fees

  • No Withdrawal Fees

Cons
  • High Stock CFD Fees

  • Limited Product Portfolio

  • User Interface Could Be More Intuitive

  • Withdraw fee$0
  • Deposit fee$0
  • Max Leverage1:50
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73%-77% of retail investor accounts lose money when trading CFDs with this provider.
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OANDA
trusted
Available in
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OANDA
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  • Exceptional Execution
  • US Clients
  • Scalping
Pros
  • OANDA is among the few international online forex brokers that accept U.S. clients.

  • The broker’s trading platforms are unique with features of various valuable tools and resources, including the famous Dow Jones Forex Select news and trading calculators.

  • OANDA does not require a fixed initial deposit on the standard account.

Cons
  • OANDA’s financial offerings have some irregularities that may only suit some traders

  • -Trading on OANDA may incur several fees, including a monthly inactivity fee

  • Withdraw feeN/A
  • Deposit feeN/A
  • Max Leverage1:50
ModMount
Available in
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  • Affiliate Program
  • WebTrader platform
  • Specialized trading accounts
  • 24/7 Customer Support
Pros
  • The broker provides a personalized Web Trading Platform, enhancing the user experience and catering to individual trading preferences.

  • Traders benefit from daily trading signals, helping them stay informed about market trends and potential trading opportunities.

  • Negative Balance Protection ensures that traders do not lose more than their initial investment, safeguarding against excessive losses.

Cons
  • The broker provides limited educational and research tools, which may hinder traders’ ability to expand their knowledge and make informed trading decisions.

  • ModMount does not offer MT4, MT5, or algorithmic trading options, limiting the choices available to traders who prefer these platforms.

  • Traders may incur a inactivity fee if their account remains dormant for an extended period, potentially impacting their account balance.

  • Withdraw fee$0
  • Deposit fee$0
  • Max Leverage1:400
Trading.com
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  • Variety of Trading Instruments
  • WebTrader Platform
  • Simple Registration
Pros
  • Trading.com stands out for its competitive spreads, allowing traders to access markets at favorable pricing.

  • The platform offers user-friendly trading platforms, notably the MetaTrader 5 terminal, facilitating a smooth trading experience.

  • Traders can access a decent array of tradable instruments, including Forex, stocks, commodities, indices, metals, and energies.

Cons
  • Trading.com’s trading platform options are limited, offering only the MetaTrader 5 (MT5) platform for traders.

  • The platform’s educational resources are relatively limited, potentially leaving traders seeking more comprehensive learning materials.

  • Trading.com is exclusively available to clients within the United Kingdom, limiting its accessibility to a global audience.

  • Withdraw fee$0
  • Deposit fee$0
  • Max Leverage1:30
Markets.com
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  • Specialized trading accounts
Pros
  • Thorough Regulation and License: markets.com is licensed and regulated by 5 reputable watchdogs. This further strengthens the broker’s credibility as a financial service provider.

  • Markets.com is not your regular broker, with its blend and IPO offerings. These additional offerings put the broker in a league of its own.

  • Sleek Proprietary Trading Platform: Besides its MT4 and MT5 trading platforms, the broker has its own customized trading platforms, which excel in every regard as the more popular trading platforms.

Cons
  • Inactivity Charges: Traders must pay a fee of $10 per month after 90 days of no trading inactivity on markets.com.

  • No Customer Support Service on Weekends: Since trading is 24/7, it’s only ideal that the customer support service is also available 24/7 so clients can resolve their complaints quickly.

  • Withdraw feeN/A
  • Deposit feeN/A
  • Max LeverageN/A
AMP Global
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  • Wide variety of trading instruments
Pros
  • AMP Global offers diverse tradable instruments, including forex, exchange-traded futures, metals, energies, indices, stocks, and crypto CFDs. This allows traders to diversify their portfolios and exploit various market opportunities.

  • Including the Investor Compensation Fund is a notable advantage for clients trading under the CySEC-regulated entity. This fund offers insurance per client up to 20,000 EUR, providing additional protection for client funds.

  • AMP Global offers various account funding methods, including bank wire transfers, credit/debit cards, and e-wallet services. This provides flexibility and convenience for clients when depositing and withdrawing funds.

Cons
  • The registration requirements to open a new AMP Global live account may be considered complex, involving multiple steps and providing various declarations. This might be a drawback for traders seeking a more straightforward account opening process.

  • Traders do not have the liberty to pick which trading platform they wish to use since AMP GLOBAL only offers the MT5 trading platform. This means there is no proprietary platform, the MT4 or the cTrader platforms.

  • AMP GLOBAL forex brokerage offers only one account type for all its clients. This effectively means users have no choice of picking account types that suit their trading needs.

  • Withdraw fee$0
  • Deposit fee$0
  • Max Leverage1:500
Interactive Brokers
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  • 24/7 instant money withdrawal
Pros
  • Unparalleled Market Access 

  • Competitive Pricing 

  • Advanced Trading Tools

Cons
  • Steep Learning Curve

  • Customer Service Could Be Better

  • Withdraw feeN/A
  • Deposit feeN/A
  • Max LeverageN/A
TD Ameritrade
Available in
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  • Variety of Trading Instruments
  • Advanced Trading Tools
  • Retirement Planning
  • Investment Research
Pros
  • Wide Range of Assets: TD Ameritrade offers a wide range of financial products, including stocks, options, mutual funds, ETFs, bonds, futures, and forex, allowing investors to diversify their portfolios.

  • User-Friendly Platforms: TD Ameritrade offers user-friendly platforms, such as thinkorswim and the TD Ameritrade website, which are easy to navigate and provide various tools for investors.

  • Research and Education: TD Ameritrade provides investors with various research and education resources, including webinars, articles, and market analysis tools.

Cons
  • High Fees: TD Ameritrade’s commission rates can be high compared to other online brokers, especially for options trading.

  • Limited Availability: TD Ameritrade is only available in a few countries, which may limit its accessibility for some investors.

  • Inactivity Fees: TD Ameritrade charges inactivity fees if an account has been inactive for a certain period, which can be frustrating for some investors.

  • Withdraw fee$0
  • Deposit fee$0
  • Max Leverage1:4
Maunto
Available in
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9
Maunto
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  • Robust Customer Support
  • Multiple Account Type
Pros
  • Offers multiple account types to cater to different trading preferences.

  • Implements negative balance protection, safeguarding traders from losses exceeding their account balance.

  • Provides an excellent range of instruments, including Forex, indices, metals, stocks, cryptocurrencies, and commodities.

Cons
  • Restricted regional availability may limit access for traders from certain regions.

  • The lack of MT4 and MT5 trading platforms may disappoint traders accustomed to these popular platforms.

  • According to few reviews, the withdrawal process can be lengthy, taking 8-10 business days, which may inconvenience traders needing prompt access to their funds.

  • Withdraw fee3.5% / 30$
  • Deposit feeNo
  • Max Leverage1:400
Ventorus
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  • Proprietary Trading Platform
  • Advanced Analytical Tools
Pros
  • Ventorus offers multiple account types, allowing traders to choose an account that fits their specific needs and experience levels.

  • With a maximum leverage of up to 1:400, traders can control larger positions with smaller amounts of capital, which can significantly amplify potential profits.

  • The broker provides low spreads, starting at an impressively low 0.03 pips, ensuring cost-effective trading conditions.

Cons
  • Ventorus is that it is not regulated by a tier-one financial regulator.

  • Additionally, the platform lacks educational materials, which can be a significant drawback for beginners who need guidance.

  • Ventorus does not support MetaTrader 4 and MetaTrader 5 platforms, which are popular among traders for their advanced features.

  • Withdraw fee3.5% or 30 USD
  • Deposit feeNo
  • Max Leverage1:400

Acquire new knowledge without risk

Even the most well-thought-out and theoretically successful trading strategy or idea requires mandatory testing. This is the only way for you to ensure its effectiveness. At the same time, a non-expiring Forex demo account allows conducting such testing without the risk of losing your money. However, it should be remembered that a demo and live accounts differ in terms of operation. For example, when using the demo, the psychological aspect is not important and there is no slippage.

Non-expiring trading accounts of the demo type can confidently be called the perfect option for initial training. Non-expiring Forex demo deposit will enable you to understand the basic nuances of doing business on the Forex market. In addition, you will be able to accumulate some experience and increase your theoretical knowledge without the risk of losing capital. It is quite easy to open a non-expiring Forex demo account, just like the trading one. This procedure takes just a few minutes. You can find a proven broker who will provide optimal conditions for reliable trading in this section of TopBrokers.com.