CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
With a demo account you can learn trading with CFDs for free.
You get familiar with the trading platform and can practice with a fictitious capital before starting on the markets with real money.
A free demo is available for the brokers listed below.
IC Markets lets you trade a demo account on the cTrader platform or on the well known MT4 trading software.
ICMarkets is a True ECN broker which means very low spreads: the average spread for EUR/USD is only 0.1 pips.
ICMarkets is not a market maker, you are trading directly with the biggest banks in the world.
IC Markets sorts the best prices for you from the multiple liquidity providers, which means the best price for any trade size.
With the free demo you can practice unlimitedly with a fictitious capital. After downloading the software, choose "demo mode".
During the demo you can easily switch to a real account.
You can add money to your account, for example with your credit card, Paypal, Skrill or a transfer.
* 77% of retail CFD accounts lose money.
The free demo account has a fictitious capital. You can choose to download software or you can use the webtrader.
The platform is not difficult to use and it has good alerts when there are important economic data.
The charts are very clear and you can switch between line charts and candlestick charts.
There are only a few technical indicators, which means this platform is suitable for price action trading.
It's straightforward if you want to switch to a real account. Fortrade also offers a nice welcome bonus (terms and conditions apply). Funding your account can be done with a credit card, bank transfer, Skrill,...
Very nice platform, suitable for new traders who want to test trading in CFD's and forex with a limited capital.
The ThinkTrader platform works from your browser and you don't need to download anything. They also have mobile apps for Android and iPhone.
The platform includes advanced charting with a lot of technical indicators.
Autochartist delves technical patterns and displays alerts; you can follow news via Reuters News.
At Think Markets you can also trade via MetaTrader 4 (MT4) with your Expert Advisors (EA), automated trading strategies that can run independently.
You can get acquainted with the AvaTrade platform by using the 21 days demo.
AvaTrade has its own AvaTrader platform for Forex and CFDs, but customers can also trade via MetaTrader 4.
Both platforms have extensive technical analysis capabilities. The AvaTrader platform had the Autochartist technical analysis tool that provides automatic alerts when interesting trade patterns emerge in the markets.
For mobile devices, there is of course the MetaTrader 4 app and the AvaTrader app.