IC Markets Demo Account (2025) – Trade Risk-Free
The IC Markets Demo Account allows traders to practice in real market conditions with virtual funds. However, not all demo accounts offer unlimited access and full platform features.
In this guide, we will explain how to open an IC Markets demo account, what you can trade, and how long it lasts. Additionally, we will show how to transition from demo to live trading.
What is the Demo Account?
A demo account allows traders to practice trading in real market conditions using virtual funds. However, not all brokers offer unlimited access or full platform functionality.
How Does the Demo Account Work?
IC Markets provides a free demo account that simulates real trading conditions. Furthermore, traders can use it to test strategies, explore different trading platforms, and gain experience without risking capital.
Trade forex, indices, commodities, and cryptocurrencies.- Access real-time market prices and charts.
- Use MetaTrader 4, MetaTrader 5, and cTrader.
- No risk – all trades are placed using virtual money.
Why Use a Demo Account?
Demo accounts are essential for beginners learning how to trade. Additionally, experienced traders can use them to test strategies before using real money.
How to Open a Demo Account (Step-by-Step Guide)
Opening a demo account with IC Markets is quick and easy. Additionally, it takes just a few minutes to get started. Follow the steps below:
Step-by-Step Process
- Step 1: Visit the IC Markets website.
- Step 2: Click on “Open a Demo Account”.
- Step 3: Fill in your details (Name, Email, Country, Phone Number).
- Step 4: Select your preferred trading platform (MetaTrader 4, MetaTrader 5, or cTrader).
- Step 5: Choose the account type and leverage settings.
- Step 6: Submit the form and receive login details via email.
- Step 7: Download and install the selected trading platform.
- Step 8: Log in and start trading with virtual funds.
What Happens After You Register?
Once your demo account is set up, you can start trading with virtual funds. Furthermore, you will have access to real market conditions, including live spreads and price movements.
Features of the IC Markets Demo Account
The IC Markets demo account provides a realistic trading experience. Additionally, it offers all the tools and features available in a live account.
Key Features
- ✅ Unlimited Access – Practice for as long as needed.
- ✅ Virtual Funds – Start with $10,000+ in demo money.
- ✅ Live Market Data – Real-time price movements and spreads.
- ✅ Multiple Trading Platforms – MetaTrader 4, MetaTrader 5, and cTrader.
- ✅ All Asset Classes – Trade forex, indices, commodities, and cryptocurrencies.
- ✅ Test Trading Strategies – Risk-free environment for learning and strategy testing.
Is the Demo Account the Same as a Live Account?
IC Markets demo accounts replicate real trading conditions. However, there are some differences:
- ❌ No Real Money Gains – Profits and losses are not real.
- ❌ Possible Execution Speed Differences – Some slippage may not apply in demo mode.
- ❌ No Emotional Pressure – Trading real money affects decision-making.
Why Use an IC Markets Demo Account?
Using a demo account allows traders to develop skills without financial risk. Furthermore, it helps users test different trading platforms before committing to a live account.
What Can You Trade on the IC Markets Demo Account?
The demo account provides access to a wide range of financial instruments. Furthermore, traders can test multiple markets without any financial risk.
Available Asset Classes
- Forex Pairs – Trade major, minor, and exotic currency pairs.
- Commodities – Includes Gold, Silver, Oil, and more.
- Indices – S&P 500, NASDAQ 100, FTSE 100, and other global indices.
- Cryptocurrencies – Bitcoin, Ethereum, Ripple, and more.
- Stocks (CFDs) – Trade shares of leading companies via CFDs.
- Bonds & Futures – Access fixed-income markets and futures contracts.
Are Live Market Conditions Available?
Yes! The IC Markets demo account replicates live market conditions. Additionally, traders experience real-time pricing, order execution, and spread fluctuations.
Does the Demo Account Support Algorithmic Trading?
Yes, traders can use automated strategies, bots, and expert advisors (EAs) on their demo accounts. As a result, it is an excellent environment for backtesting strategies.
How Long Does the IC Markets Demo Account Last?
The IC Markets demo account provides traders with unlimited practice time under certain conditions. However, the duration depends on whether a trader has a live account or not.
Demo Account Expiry Rules
- ✅ Live Account Holders: Unlimited access to demo accounts.
- ✅ Demo-Only Users: 30-day expiration (can be extended upon request).
- ✅ Multiple Demo Accounts: Allowed for strategy testing.
Can I Extend My Demo Account?
Yes! If your demo account expires, you can request an extension from IC Markets. Furthermore, you can create a new demo account at any time.
Does a Demo Account Close If I Stop Using It?
Yes, demo accounts that remain inactive for an extended period may be closed. As a result, traders should log in regularly to maintain access.
How to Transition from IC Markets Demo to a Live IC Markets Account
Once you feel confident in your trading skills, switching to a live IC Markets account is the next step. However, real-money trading requires additional preparation.
Step-by-Step Guide
- Log in to your IC Markets account.
- Click on “Open a Live Account”.
- Complete identity verification (KYC process).
- Choose your account type (Standard or Raw Spread).
- Select your trading platform (MT4, MT5, or cTrader).
- Deposit funds using a preferred payment method.
- Start trading with real money.
What to Consider Before Switching to Live Trading
Live trading differs from demo trading due to emotional and financial risks. Therefore, traders should follow risk management strategies and trade responsibly.
Best Practices for a Smooth Transition
- Start with a small deposit and low-risk trades.
- Use the same platform and settings as your demo account.
- Stick to a risk management plan to protect your capital.
- Avoid emotional trading—focus on strategy and discipline.
Ready to Start Live Trading?
Open a live IC Markets account today and trade with some of the lowest spreads and fastest execution in the industry.
IC Markets Demo Account – FAQ
Is the demo account free?
Yes, IC Markets provides a demo account free of charge. Furthermore, there are no hidden costs or obligations to open a live account.
How much virtual money do I get?
Each demo account is funded with $10,000 in virtual money by default. However, traders can request different amounts when opening the account.
Does the demo account expire?
Yes, demo-only accounts expire after 30 days. However, traders with a live account can access unlimited demo accounts.
Can I open multiple demo accounts?
Yes, IC Markets allows traders to open multiple demo accounts for testing different strategies and platforms.
Does the demo account reflect real market conditions?
Yes, the demo account uses real-time market data. As a result, traders experience live spreads, execution speeds, and price fluctuations.
Can I trade all assets on the demo account?
Yes, traders can access all instruments available on live accounts, including forex, commodities, indices, and cryptocurrencies.
How do I switch from demo to a live account?
Switching to live trading is easy. Simply log in to IC Markets, complete verification, deposit funds, and start trading.
Start Trading Risk-Free with an IC Markets Demo Account
Whether you’re new to trading or testing a new strategy, the demo account offers the perfect risk-free environment. Furthermore, it provides real-time market conditions and access to multiple trading platforms.
Why Open an IC Markets Demo Account?
Trade with $10,000+ in virtual funds.- Experience live spreads and execution speeds.
- Use MetaTrader 4, MetaTrader 5, or cTrader.
- No risk – perfect for learning and strategy testing.
Get Started in Minutes
Sign up for a free IC Markets demo account today and start practicing in real market conditions.