Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.

MetaTrader 4 (MT4) demo account

Open a free MT4 demo account to trade CFDs on forex pairs, indices and commodities.

KEY BENEFITS

Trade £10,000 of virtual cash

Use MT4’s Expert Advisors to automate your trading strategies

Competitive spreads and margins across several asset classes

Award-winning customer service* available to all MT4 clients

Join over 90,000 active clients globally

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FCA regulated

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Segregated funds

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FTSE 250 company

How to open an MT4 demo account and start trading

1

Sign up

Just enter your email address and a password, then we’ll send you a verification message.

2

Download

Download, install and log in to MT4.

3

Explore

Discover a wide range of markets to trade, and try out the platform’s features.

Practise trading on a free MT4 demo account

An MT4 demo account with CMC Markets allows you to trade across a number of asset classes in a risk-free environment.

Trade on forex, indices and commodities.

Access our free library of MT4 add-ons and indicators, including pivot points and renko charts.

Draw freehand on charts.

Develop, test and apply your own algorithms. No coding needed.

Why open an MT4 demo account with us?

A MetaTrader 4 demo account allows you to practise trading across key global markets. Get to know the platform and practise your trading strategies risk-free.

In-depth charting

Utilise MT4's powerful charting and innovative trading tools

Low spreads

Get consistently low spreads from 0.7pts on key forex pairs

Customise your experience

Access our library of free MT4 indicators and add-ons

MetaTrader 4 demo account vs MetaTrader 4 live account

Discover the key differences between an MT4 demo account and live account below:

1. The MT4 demo account provides £10,000 of virtual currency to use, whereas an MT4 live account requires you to fund the account with real money.

2. An MT4 demo account provides a risk-free environment where users are encouraged to make mistakes and learn from them, whereas live accounts provide the opportunity for real returns, but are also accompanied by real risk.

3. Demo accounts are free from emotional pressures that are present when trading with real money. You can use your virtual balance to develop confidence and deepen your understanding of the markets.

Why trade on MT4 with CMC Markets?

We're No.1 for customer service

Over 30 years' industry experience

Listed on the London Stock Exchange

MT4 markets & spread details

Instrument Spread Holding cost(Buy) Holding cost(Sell) Margin rate
GBP/USD - - - 3.3%
USD/JPY - - - 3.3%
GBP/JPY - - - 3.3%
AUD/USD - - - 5%
EUR/GBP - - - 3.3%
Instrument Spread Holding cost(Buy) Holding cost(Sell) Margin rate
US 30 - - - 5%
Germany 30 - - - 5%
US NDAQ 100 - - - 5%
US SPX 500 - - - 5%
UK 100 - - - 5%
Instrument Spread Holding cost(Buy) Holding cost(Sell) Margin rate
Gold - - - 5%
Crude Oil West Texas - - - 10%
Crude oil Brent - - - 10%
Silver - - - 10%
Natural Gas - - - 10%

How to switch from an MT4 demo to a live account

1

Apply

Complete our simple online form.

2

Fund

Download, install and log in to MT4.

3

Trade

Discover a wide range of markets to trade, and try out the platform’s features.

FAQS

Can I access trading signals and custom indicators with a MT4 demo account?

A demo account with CMC Markets will allow you to experience all of the MT4 platform features in a risk-free environment. Visit our MT4 indicators and add-ons page to see the range of tools you can use with your MT4 demo account.

Can I use an expert adviser to automate my demo trading?

Our MT4 demo account allows users to become familiar with trading bot automations by using Expert Advisors (EAs). Feel free to add any EAs that you think will enhance your algorithmic trading strategy.