MetaTrader 4 (MT4) demo account
Open a free MT4 demo account to trade CFDs on forex pairs, indices and commodities.
- 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 80,000 active clients globally
How to open an MT4 demo account and start trading
Download
Access, download, install and log in to the MT4 admin portal.
Explore
Launch the MT4 platform, log in and start exploring markets to trade and charting features.
Practise trading
Practise your trading strategies with £10,000 of virtual currency.
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. Once you open a free MetaTrader 4 demo account, you will have a virtual £10,000 to practise your trading strategies. Trade on forex, indices and commodities.
When using a MetaTrader 4 demo account, you can access our free library of MT4 add-ons and indicators which include pivot points, renko charts and the ability to draw freehand on charts.
Why open an MT4 demo account with us
- A MetaTrader 4 demo account allows you to practise trading across key global markets
- Utilise MT4's powerful charting and innovative trading tools
- Get consistently low spreads from 0.7pts on key forex pairs
- Access our library of free MT4 indicators and add-ons
- Trade on the move with the MetaTrader 4 app
- Use your MT4 demo account across Windows, iOS and Android devices
Trade global markets on an MT4 demo account
An MT4 demo account provides you with the opportunity to trade CFDs across forex, indices and commodities. You can take a position on major currency pairs, such as EUR/USD, with spreads from 0.7 points. Trade on key indices, like the UK 100 and Germany 30, where spreads start at 1-point. You can also access commodity markets, such as Gold, where the minimum spread is 0.3 points. Our margin rates start from 3.3% for forex and 5% for indices and commodities.
Why trade on MT4 with CMC Markets?
No. 1 provider for customer service*
30 years’ industry know-how
Trade on the go with the MetaTrader 4 mobile app
Listed on the London Stock Exchange
MetaTrader 4 demo account vs MetaTrader 4 live account
We're pleased to add the MT4 platform as an additional trading option for our clients.
Discover the key differences between an MT4 demo account and live account below:
- 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
- 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
- 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
| FX pair | Min spread (pts) | No. of CFDs per lot | Min lots | Max contract size (lots) | Margin rate |
|---|---|---|---|---|---|
| AUD/USD | 0.7 | 100,000 | 0.01 | 40 | 5% |
| EUR/GBP | 1.1 | 100,000 | 0.01 | 20 | 3.3% |
| EUR/JPY | 1.5 | 100,000 | 0.01 | 20 | 3.3% |
| EUR/USD | 0.7 | 100,000 | 0.01 | 40 | 3.3% |
| GBP/USD | 0.9 | 100,000 | 0.01 | 10 | 3.3% |
| NZD/USD | 2 | 100,000 | 0.01 | 20 | 3.3% |
| USD/CHF | 1.5 | 100,000 | 0.01 | 20 | 5% |
| USD/JPY | 0.7 | 100,000 | 0.01 | 40 | 5% |
| AUD/JPY | 1.3 | 100,000 | 0.01 | 20 | 5% |
| AUD/NZD | 4 | 100,000 | 0.01 | 10 | 5% |
| EUR/AUD | 2.3 | 100,000 | 0.01 | 20 | 5% |
| EUR/CAD | 2.8 | 100,000 | 0.01 | 10 | 3.3% |
| EUR/CHF | 2.5 | 100,000 | 0.01 | 20 | 3.3% |
| EUR/HUF | 25 | 100,000 | 0.01 | 5 | 5% |
| EUR/NOK | 34.9 | 100,000 | 0.01 | 5 | 5% |
| EUR/NZD | 5.6 | 100,000 | 0.01 | 10 | 5% |
| EUR/PLN | 26 | 100,000 | 0.01 | 5 | 5% |
| EUR/SEK | 4.3 | 100,000 | 0.01 | 5 | 5% |
| GBP/AUD | 1.8 | 100,000 | 0.01 | 20 | 3.3% |
| GBP/CHF | 3.1 | 100,000 | 0.01 | 10 | 3.3% |
| GBP/JPY | 2.5 | 100,000 | 0.01 | 20 | 3.3% |
| GBP/NZD | 4.8 | 100,000 | 0.01 | 20 | 5% |
| NZD/CAD | 3.7 | 100,000 | 0.01 | 40 | 5% |
| USD/CAD | 1.7 | 100,000 | 0.01 | 20 | 3.3% |
| USD/HUF | 20 | 100,000 | 0.01 | 5 | 5% |
| USD/NOK | 25 | 100,000 | 0.01 | 5 | 5% |
| USD/PLN | 20 | 100,000 | 0.01 | 5 | 5% |
| USD/SEK | 3 | 100,000 | 0.01 | 5 | 5% |
| USD/SGD | 3 | 100,000 | 0.01 | 10 | 5% |
| USD/TRY | 8 | 100,000 | 0.01 | 5 | 5% |
| Index | Min spread (pts) | No. of CFDs per lot | Min lots | Max contract size (lots) | Margin rate |
|---|---|---|---|---|---|
| Australia 200 | 1 | 25 | 0.01 | 5 | 5% |
| France 40 | 1 | 10 | 0.01 | 5 | 5% |
| Germany 30 | 1 | 25 | 0.01 | 5 | 5% |
| Hong Kong 50 | 5 | 50 | 0.01 | 2 | 10% |
| UK 100 | 1 | 10 | 0.01 | 5 | 5% |
| US 30 | 1.4 | 5 | 0.01 | 5 | 5% |
| US NDAQ 100 | 1 | 20 | 0.01 | 5 | 5% |
| US SPX 500 | 5 | 50 | 0.01 | 20 | 5% |
| Canada 60 | 8 | 200 | 0.01 | 5 | 10% |
| Euro 50 | 1.6 | 10 | 0.01 | 40 | 5% |
| Italy 40 | 12 | 5 | 0.01 | 5 | 10% |
| Japan 225 | 7 | 500 | 0.01 | 20 | 5% |
| Netherlands 25 | 2.5 | 200 | 0.01 | 5 | 10% |
| Norway 25 | 9 | 100 | 0.01 | 10 | 10% |
| Spain 35 | 5 | 10 | 0.01 | 5 | 10% |
| Sweden 30 | 0.5 | 100 | 0.01 | 10 | 10% |
| Switzerland 20 | 4 | 10 | 0.01 | 5 | 10% |
| Commodity | Min spread (pts) | No. of CFDs per lot | Min lots | Max contract size (lots) | Margin rate |
|---|---|---|---|---|---|
| Crude Oil Brent | 3 | 1,000 | 0.01 | 10 | 10% |
| Crude Oil West Texas | 3 | 1,000 | 0.01 | 10 | 10% |
| Gold | 0.3 | 100 | 0.01 | 10 | 5% |
| Natural Gas | 0.3 | 10,000 | 0.01 | 1 | 10% |
| Palladium | 10 | 100 | 0.01 | 1 | 10% |
| Platinum | 10 | 50 | 0.01 | 1 | 10% |
| Silver | 2.5 | 5,000 | 0.01 | 2 | 10% |