Free $50,000 Demo Trading Account

Practise trading with a free Axi Demo account

Open a free Axi Demo trading account and practise with $50,000 in virtual funds before deciding whether to trade with real money. Choose MetaTrader 4 (MT4) or MetaTrader 5 (MT5), explore the platform and test trading strategies in a simulated market environment.

• $50,000 in virtual funds
  Practise trading and test different strategies without using real money.
• Choose MT4 or MT5
  Open a Demo account on MetaTrader 4 or MetaTrader 5 and become familiar with the platform, charts, order types and trading tools.
• Real-time spreads and market pricing
  Standard and Pro Demo accounts use the same spreads and swap rates as their corresponding Live account types.
• Practise forex and available CFD markets
  Explore supported markets and learn how different instruments behave in a simulated trading environment.
• 24/7 client support
  Access Axi's support team around the clock if you need help with your account or trading platform.
• UK retail trading conditions
  Demo accounts reflect account settings applicable to UK clients. Retail leverage varies by product and is limited to a maximum of 30:1.
• Choose your base currency when opening the account
  Select from the currencies available during setup. Once the Demo account has been created, its base currency cannot be changed. To use a different currency, you will need to open another Demo account.

Demo accounts operate in a simulated market environment. Although they are designed to reflect many Live trading conditions, Demo trading may differ from trading with a Live account.

Why practise with a forex Demo account?

A forex Demo account gives you an opportunity to learn how the trading platform works without committing real funds. You can practise opening and closing positions, explore MT4 or MT5 tools and charts, and test trading strategies using virtual funds.

Whether you're new to forex trading, want to try MT5, or simply want to test a different approach, an Axi Demo account provides a practical environment for becoming familiar with the platform and available markets.

Can I use a Demo account for MT5?

Yes. Axi UK supports MT5 Demo accounts. You can create one through the Axi Client Portal by opening the Demo section and following the prompts to create a new MT5 account.

Does an Axi Demo account expire?

Demo accounts do not expire based on a set time limit. They remain active as long as you continue trading. A Demo account will expire if no trades are placed for 30 consecutive days.

Are Demo account spreads the same as Live account spreads?

Axi Standard and Pro Demo accounts use the same spreads and swap rates as their corresponding Live account types. However, Demo trading takes place in a simulated environment, so other aspects of trading and execution may differ from a Live account.

How do I open an MT4 or MT5 Demo trading account?

You can create an MT4 or MT5 Demo account through the Axi Client Portal. Go to the Demo section, select either a Standard or Pro account and choose MT4 or MT5. You can then select your account currency and virtual starting balance before creating the account.

What leverage is available on an Axi UK Demo account?

For UK retail clients, leverage depends on the product being traded and is limited to a maximum of 30:1 under FCA rules. Individual instruments may have lower leverage limits.

Can I change the base currency of my Demo account?

No. Once a Demo account has been created, its base currency cannot be changed. If you want to use another base currency, you will need to open a new Demo account.