Create a demo CFD trading account

Open a demo trading account

Try our free trading demo

Practise trading risk-free with $20,000 in virtual funds for 12 weeks.

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Ready to start trading for real?

Learn to trade with a demo account
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Technical analysis
Learn how to analyse the markets to become a better trader
Fundamental analysis
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Fundamental analysis
Discover how to determine an asset's underlying value
Markets
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Financial markets
Learn more about what moves the markets and what asset classes you can trade at City Index

FAQs

What's the difference between a demo account and a live account?

The key difference between a demo account and a live account is that a demo comes with zero risk – it enables you to buy and sell real markets with virtual funds. With a live account, on the other hand, you’re risking your own capital.

Many traders use a demo to see how the markets work – or test drive our platform – before they upgrade to a live account that earns real profits and losses.

There are some other differences between demo and live accounts. For example, you won’t be able to access features such as Performance Analytics or SMART Signals with a demo.

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How long should I use a demo account to trade?

We’d recommend using a demo account until you feel comfortable trading with real capital. Ideally, you’ll have a comprehensive plan and strategy in place too, so you know exactly what to do once you’ve added some funds.

City Index demo accounts expire in 12 weeks, but you can open another one if you wish to continue practising for longer.

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Can I open multiple demos?

Yes, you can open as many City Index demo accounts as you like – although you’ll need a different email address for each one. You can also apply for another demo account once your current one has expired by contacting our client services team, if you want to trade risk free for a longer period.

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