CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. The products and services available to you at FOREX.com will depend on your location and on which of its regulated entities holds your account.
- Good Money Guide experts rate the FOREX.com demo account highly, noting its suitability for new forex traders with access to the same trading signals and analytics as the live platform. The demo account offers £10,000 in virtual funds for 12 weeks, allowing users to explore over 13,500 markets, although it lacks forex options and direct market access.
- Across 21 user reviews on Good Money Guide, averaging 4.3/5, customers frequently commend the platform for its reliability, ease of use, and effective communication with support. Many users highlight the smooth trading experience and the transparency of the service, while a few express a desire for additional features.
FOREX.com Demo Account Expert rating
Our expert rating is the average of the areas listed here, each scored out of 5 by our team.Our experts have rated FOREX.com Demo Account across five key areas of our review framework.
- Pricing4.5
- Market Access5.0
- Online Platform5.0
- Customer Service5.0
- Research & Analysis5.0
Pros
- Forex trading signals
- Post-trade analytics
- Focus on forex
Cons
- No forex options
- No forex DMA
See full expert review
Our verdict
FOREX.com's demo account lets you trade with £10,000 in virtual funds on over 13,500 markets for 12 weeks. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. The products and services available to you at FOREX.com will depend on your location and on which of its regulated entities holds your account.
Is the FOREX.com demo account any good?
If you are a budding forex trader and looking for somewhere to paper trade, then FOREX.com's demo account is a good place to start. You get the same forex trading signals, post trade analytics and market access as you do with the live platform.
Customer reviews for FOREX.com
Customer ratings come from reviews left on this site. Every review is read and approved before it is published.Based on 21 reviews
- Excellent57%
- Very good24%
- Basic10%
- Poor10%
- Bad0%
Read customer reviews
A lot of assets but...
A lot of assets but high fees
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
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Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.