Open a forex demo account

If you want to practise forex trading with a risk-free demo account, you can sign up here. All you need is an email address and a password.

You get access to nearly all the same features as you would in our live account, except you won’t be trading with real money. A forex trading demo account is an excellent way to practise forex trading risk-free, with £10,000 virtual funds.

You can trade on over 330 forex pairs, including major pairs like EUR/USD, GBP/USD and AUD/USD, as well as minor and emerging currencies. Find out more about our forex pairs

Once you’ve opened a demo account, you’ll be able to apply for a live account within the platform or app, by going to ‘Open Live Account’.

You can spread bet from £0.30/point on EUR/USD, GBP/USD, USD/JPY and AUD/USD, and £0.40/point on EUR/GBP. You can see the minimum trade size for all instruments on the platform, in the ‘Product Overview’ under ‘Betting and Position Limits’

Trade on major FX pairs like EUR/USD, USD/JPY and AUD/USD from 0.7pts. Spreads on GBP/USD start from 0.9pts, and from 1.1pts on EUR/GBP.

Margin rates for our most popular forex pairs start from 3.34%. Margin shows the percentage of the total trade value that you need to put forward to open a position.

Trading on the foreign exchange market can expose a trader to risks. For example, spreads between the buy and sell prices of popular forex pairs are among the tightest, so even small price fluctuations can incur larger-than-expected profits or losses. Learn more about the risks of forex trading

Spread betting allows you to trade tax-free on a wide range of financial markets 24 hours a day, from Sunday nights through to Friday nights. Trade on your phone, tablet, PC or Mac on thousands of instruments using leverage. Tax treatment depends on individual circumstances and can change or may differ in a jurisdiction other than the UK. Find out more about spread betting

One of the advantages of spread betting is that you only need to deposit a percentage of the full value of your position to open a trade, known as trading on leverage. Remember, trading on leverage can also amplify losses, so it’s important to manage your risk.

Yes, CMC Markets plc (registration number 173730) and CMC Spreadbet plc (registration number 170627) are fully authorised and regulated by the Financial Conduct Authority (FCA) in the UK. Retail client money is held in segregated client bank accounts and money held on behalf of clients is distributed across a range of major banks, which are regularly assessed against our risk criteria.

Yes, your eligible deposits with CMC Markets are protected up to a total of £85,000 by the Financial Services Compensations Scheme (FSCS), the UK’s deposit guarantee scheme. If CMC Markets ever went into liquidation, retail clients would have their share of segregated money returned, minus the administrators’ costs in handling and distributing these funds. Any shortfall of funds up to £85,000 may be compensated under the FSCS.