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Our 2 top picks for Compare Demo Account
We stand behind these two. Everything below is a fuller comparison and lower-weight alternatives.

XTB
- Award-winning xStation 5 proprietary platform is fast and intuitive
- 0% commission on real stocks and ETFs up to €100k/month
- Publicly traded company with transparent financials

VT Markets
- 100% deposit bonus on first deposit (minimum deposit $50)
- Raw ECN account with 0.0 pip spread potential
- MT4 and MT5 available across desktop and mobile
Why these two
Both brokers are shortlisted specifically for Compare Demo Account, are regulated, and accept clients for this use case — we gate on regulation and safety first, then rotate the headline across the brokers that genuinely qualify so the same two names don't lead every page. Everything below is the fuller comparison.
CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. Trade only what you can afford to lose.
What are the best demo account brokers in 2026?
How we compare demo account brokers
Free demo accounts let traders test platforms and strategies with virtual funds. Our current ranking starts with XTB where it is available, followed by VT Markets, Exness, and XM. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account.
How these brokers compare
12 brokers · how we rank
Side-by-side ranking of the best demo account brokers in 2026.
| Broker | Withdrawal | Why This Broker | Execution Type | Regulation & funding | Action | ||
|---|---|---|---|---|---|---|---|
![]() | 0.8 pips (Standard) | $0 | Usually same day (free for >$50) | #6 pick for demo account: Active European traders & stock CFD investors. | Market Maker / STP | FCA (UK)KNF (Poland)CySEC (Cyprus) | |
![]() | 0.0 pips (Raw ECN) | 1.2 pips (Standard STP) | $50 | 1-2 business days | #3 pick for demo account: traders who want free signals, 100% deposit bonus, copy trading support, and Raw ECN pricing. | ECN / STP | ASIC (Australia)FSCA (South Africa)FSC (Mauritius) | |
![]() | 0.0 pips (Raw) | 0.2 pips (Standard) | $1 | Instant | #2 pick for demo account: Low-cost traders, high-volume day traders & scalpers. | Market Execution | FCA (UK)CySEC (Cyprus)FSCA (South Africa) | |
![]() | 0.6 pips (Ultra Low) | 1.6 pips (Standard) | $5 | 24 hours | #7 pick for demo account: Beginners, education-focused traders & low deposit users. | Market Execution | CySEC (Cyprus)ASIC (Australia)DFSA (Dubai) | |
![]() | 0.0 pips (Raw) | 0.8 pips (Standard) | $200 | 24-48 hours | #12 pick for demo account: Scalpers, EA traders & low-latency algorithmic trading. | True ECN | ASIC (Australia)CySEC (Cyprus)Seychelles FSA | |
![]() | 0.0 pips (Razor) | 1.0 pips (Standard) | $0 (Recommended $200) | 1-2 business days | #1 pick for demo account: Advanced traders, automated trading & TradingView enthusiasts. | NDD & STP | ASIC (Australia)FCA (UK)CySEC (Cyprus) | |
![]() | 1.5 pips (Standard) | 0.0 pips + $3/lot (ECN) | $50 | 24 hours | #11 pick for demo account: High-volume traders who confirm which specific MultiBank entity and licence covers their country. | ECN | SCA (UAE) 20200000031VARA (UAE) VL/24/06/001ASIC (Australia) | |
![]() | 0.6 pips | $100 | 1-2 business days | #5 pick for demo account: Beginner-to-intermediate multi-asset CFD traders who value research tools. | Market Execution | FCA (UK)CySEC (Cyprus)ASIC (Australia) | |
![]() | 0.6 pips (Standard) | $250 ($0 bank transfer) | 2-5 business days | #4 pick for demo account: Professional traders, US traders & comprehensive market access. | Market Maker (+ DMA routing available) | FCA (UK)ASIC (Australia)CFTC/NFA (USA) | |
![]() | 1.1 pips (Standard) | 0.1 pips (Core) | $0 | 1-3 business days | #8 pick for demo account: US traders, beginners & data-driven analysts. | Market Maker / V2 Engine | CFTC/NFA (US)FCA (UK)ASIC (Australia) | |
![]() | 0.6 pips | $2,000 | 1-2 business days | #9 pick for demo account: High-net-worth investors & multi-asset traders. | Market Maker / DMA | Danish FSAFCA (UK)ASIC (Australia) | |
![]() | 0.7 pips | $0 | 1-2 business days | #10 pick for demo account: Advanced chartists & UK spread bettors. | Market Maker | FCA (UK)ASIC (Australia)BaFin (Germany) |












We earn a commission when you open an account through the buttons above. It does not change the ranking — our methodology. High risk: 68–80% of retail CFD accounts lose money.
In-Depth Broker Analysis
Our research team continuously monitors over 100 parameters per broker. Below is a detailed breakdown of our top-rated platforms, including their distinct advantages, ideal user profiles, and potential drawbacks.

XTB Review Summary
XTB is a multi-regulated broker with xStation 5, xStation Mobile access, 0.8 pips (Standard) on EUR/USD, and $0 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- Award-winning xStation 5 proprietary platform is fast and intuitive
- 0% commission on real stocks and ETFs up to €100k/month
- Publicly traded company with transparent financials
Cons
- Phased out MT4 in many regions
- No longer offers a raw/ECN zero-spread account format

VT Markets Review Summary
#3 on this demo account comparison, rated 4.8/5. Best positioned for: traders who want free signals, 100% deposit bonus, copy trading support, and Raw ECN pricing. Front-line verdict: 100% deposit bonus on first deposit (minimum deposit $50).
Pros
- 100% deposit bonus on first deposit (minimum deposit $50)
- Raw ECN account with 0.0 pip spread potential
- MT4 and MT5 available across desktop and mobile
Cons
- Entity, leverage, and protection level vary by country
- Free signals are educational support, not profit guarantees

Exness Review Summary
#2 on this demo account comparison, rated 4.8/5. Best positioned for: Low-cost traders, high-volume day traders & scalpers. Front-line verdict: Ultra-tight spreads from 0.0 pips.
Pros
- Ultra-tight spreads from 0.0 pips
- Instant automated withdrawals 24/7
- Unlimited leverage options
Cons
- No cTrader or TradingView integration
- Educational resources are relatively basic

XM Review Summary
XM is a multi-regulated broker with MT4, MT5, XM App access, 0.6 pips (Ultra Low) | 1.6 pips (Standard) on EUR/USD, and $5 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- Outstanding daily webinars and educational courses
- No deposit or withdrawal fees
- Strict no re-quotes policy with 99.35% execution in <1s
Cons
- Spreads on Standard account are wider than competitors
- No crypto trading on weekends

IC Markets Review Summary
IC Markets is a multi-regulated broker with MT4, MT5, cTrader, TradingView access, 0.0 pips (Raw) | 0.8 pips (Standard) on EUR/USD, and $200 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- Consistently deepest liquidity and tightest raw spreads (0.0)
- Servers located in NY4 & LD5 datacenters for <40ms latency
- No restrictions on scalping, hedging, or EAs
Cons
- Customer service can be slower during peak times
- Protection and leverage depend heavily on your account entity

Pepperstone Review Summary
#1 on this demo account comparison, rated 4.8/5. Best positioned for: Advanced traders, automated trading & TradingView enthusiasts. Front-line verdict: Top-tier liquidity with frequent 0.0 pip spreads.
Pros
- Top-tier liquidity with frequent 0.0 pip spreads
- Exceptional platform choice including TradingView and cTrader
- Award-winning 24/5 customer support
Cons
- Educational content is good but not standard-setting
- No proprietary mobile app (relies on MetaQuotes/cTrader apps)

MultiBank Review Summary
MultiBank is a multi-regulated broker with MT4, MT5 access, 1.5 pips (Standard) | 0.0 pips + $3/lot (ECN) on EUR/USD, and $50 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- Real UAE SCA and VARA licences plus additional entity-specific regulators
- Large claimed paid-up capital ($322M+)
- Tight ECN commission ($3/lot)
Cons
- Marketing claims of '18+ regulators' are inflated — some versions of that count include non-trading registries
- $60/month inactivity fee is aggressive

Markets.com Review Summary
#5 on this demo account comparison, rated 4.7/5. Best positioned for: Beginner-to-intermediate multi-asset CFD traders who value research tools. Front-line verdict: Strong tier-1 regulation (FCA, CySEC, ASIC).
Pros
- Strong tier-1 regulation (FCA, CySEC, ASIC)
- Easy-to-use Marketsx platform with sentiment tools
- Investment Strategy Builder & 'Blends'
Cons
- Inactivity fee after just 3 months
- 0.6% currency conversion fee

IG Review Summary
#4 on this demo account comparison, rated 4.7/5. Best positioned for: Professional traders, US traders & comprehensive market access. Front-line verdict: Publicly traded (FTSE 250) with exceptional financial stability.
Pros
- Publicly traded (FTSE 250) with exceptional financial stability
- Access to over 17,000 global markets
- Industry-leading proprietary web and mobile platform
Cons
- Does not offer MetaTrader 5 (MT5)
- Stock CFD commissions can be high

OANDA Review Summary
OANDA is a multi-regulated broker with OANDA Trade, Advanced Charting (TradingView), MT4 access, 1.1 pips (Standard) | 0.1 pips (Core) on EUR/USD, and $0 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- One of the few reputable brokers serving US retail clients
- Exceptional regulatory footprint globally
- No minimum deposit required
Cons
- Does not support MetaTrader 5 (MT5)
- Spreads on Standard account aren't the tightest
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Sources & References
- XTB Real Account— XTB
- Exness Accounts— Exness
- XM Account Types— XM
- BrokerAnalysis ranking methodology— BrokerAnalysis
- BrokerAnalysis data sources— BrokerAnalysis
- BrokerAnalysis editorial policy— BrokerAnalysis
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Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers. See Editorial Policy and Data Sources.
BrokerAnalysis may earn commissions from partners listed. This does not influence our rankings or analysis, which are based on our independent methodology. Read our Content Standards.
Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows the country-acceptance status captured in our latest eligibility checks.