MetaTrader 4
demo account

Features of an MT4 demo account

• $10,000 in virtual funds to help you get comfortable using MT4 and familiar with financial markets
• Live data to test out your strategies accurately and effectively with no risk
• Access to Expert Advisors, which enable you to implement your trading strategies and to automate your trading
• Compatibility with Windows or Android devices
• Our 18 free indicators and add-ons – the same as a full account – to assist you in getting to grips with chart pattern indicators and technical analysis before opening a live account

Differences between an MT4 demo account and MT4 live account

• Trades made on your MT4 demo account will not be subject to slippage, interest and dividend adjustments, or out-of-hours price movements
• Trades may be rejected if you have insufficient demo funds to open them; but, unlike a live account, they will never be rejected on the grounds of size or price
• You will not be charged for chart packages on a MetaTrader 4 demo account, but would be charged on a live account
• Trades will not be closed if you have insufficient funds to cover margin and running losses, while trades could be closed in such a scenario on a live account

Upgrade to a live MT4 account

Opening a live MT4 account is a straightforward process, and you’ll be able to use all the insights you picked up from the demo in the live environment.

First, go to our live account application form, create an account and login to the ‘My IG’ dashboard on our site. Next, select ‘add another account’, and choose a MetaTrader 4 account for CFDs.

It’s important to bear in mind that while demo and live accounts are technically very similar, your state of mind when using each is likely to be very different. After all, when it’s real money on the line, the decision to open a new position will seem a lot more daunting, and the decision to close a lot more difficult.

More information about how to download MT4 using a live account is available on our download MT4 page