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CFDs are complex instruments. 72% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money.
CFDs are complex instruments. 72% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money.

MetaTrader 4 demo account

Learn how to use MT4 in a risk-free and secure environment with our MetaTrader 4 demo account. No real funds are ever at stake, and you can use your virtual balance to gain confidence and develop an understanding of the markets.

Create MT4 demo account

Start trading today. Call +44 (20) 7633 5430, or email sales.en@ig.com to talk about opening a trading account. We’re here 24/5.

Contact us: +44 (20) 7633 5430

Sign up for an MT4 demo account

1. Download MT4 on mobile app or desktop and create a demo account from MT4 itself.

2. From MT4 menu tab, select File – Open an account – for our trading server , type ‘IG-Demo’ or our address ‘demo-mt4.ig.com:443’.

3. Click ‘Next’ and select ‘New demo account’.

4. For the final step, complete your personal and registration details.

Practise risk-free trading on MetaTrader 4

Our MetaTrader 4 demo has the same layout as the live version of the MT4 platform, with four trading windows and over 80 markets to choose from.

You get $20,000 in virtual funds to trade however you like. You can deal on forex pairs, commodities, indices and more. With the wide variety of markets available on our MT4 demo, you can test your trading strategies and gain a feel for one of the most popular online trading platforms in a completely risk-free environment.

You’ll also get access to the same free add-ons and indicators that you receive with a live account. These include indicators like pivot points, order history and the Renko indicator. The add-ons include mini terminal, stealth orders and alarm manager – all of which can be used to fully customise the MT4 platform.

Features of an MT4 demo account

  • $20,000 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 enables you to implement your trading strategies and to automate your trading1
  • Compatibility with Windows, Mac 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 can be done in minutes, 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

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MT4 is a popular online trading platform that can be used to automate your trading.

Get access to our full MT4 offering, and benefit from 99%+ server uptime.2

Perform technical analysis and customise your MT4 platform with free indicators and add-ons.

1 Whilst Expert Advisors (EAs) are available, you use them at your own risk.
2 99.77% MT4 platform uptime per six months from 1st December 2022.