A demo account is the best possible way to test the trading platform and service quality of your online broker without putting your money at risk. On a demo account you can trade, under very similar conditions to a live account, but trading with a virtual balance that the broker makes available to you.
In addition to the above, you can also use the demo account to learn how to invest or to test new trading strategies before using them on your live account.
XTB is one of the brokers that offers this demo account for free. XTB is one of the world’s leading and most comprehensive Forex and CFD brokers. It offers you the possibility to trade more than 4500 different financial instruments such as Forex currencies, stocks, indices, cryptocurrencies, commodities, ETFs,…
It is a broker physically present in 14 countries around the world and internationally regulated by various bodies such as the FCA, the Financial Conduct Authority of the United Kingdom. It operates in compliance with the most demanding investor protection regulations such as the European MiFID directive. It is also regulated by other bodies in the countries in which it operates.
XTB’s main strengths are its customer service, its free training resources for traders (seminars, webinars, videos, market analysis,…) and its investment platform called xStation.
To learn more about this broker and real customer reviews you can read this article: XTB Broker Reviews.
XTB Demo Account Features
XTB offers you a demo account with the following features:
- The XTB demo account is completely free of charge.
- You will be able to open the demo in less than a minute without providing any bank details or sending any documentation.
- The XTB demo account comes with a virtual balance of $100,000.
- The demo account is limited by default to 4 weeks of use so that you can test XTB’s services but if you open a real account with this broker before it expires, it becomes unlimited and you can continue testing strategies in parallel to your real account.
How can you open a demo account with XTB?
1- Open the demo account by CLICKING HERE.
You will see a screen like the following:
3- Enter your name and contact telephone number. Select the type of account. Finally, create a password to access your XTB demo account and click on the “Submit” button.
The XTB demo account is now successfully opened and you will be able to access the trading platform where you automatically have the $100,000 balance available to start test trading.
How do I use the XTB trading platform?
XTB’s xStation trading platform is quite intuitive but if you have any doubts about how to use it you can take a look at the tutorials in the “Education” section and the information you can find on the broker’s website where you can learn in a simple way, step by step and with screenshots, how to use your xStation platform, the tools available to analyse the market and the basic concepts you need to know to open, monitor, edit and close positions.
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You can create your real account with XTB here: