Demo Account

FOR A NOVICE TRADER

CoverdealFX's Demo Account

For a lot of new traders, getting started can be overwhelming. While the internet is a great resource for trading knowledge, it can also give you too much information making it difficult to effectively put into practice. Online courses can also be a good option, however they can be expensive and take up a lot of your free time. However, we at CoverdealFX believe that one of the best ways to learn, is to practise. This is why we offer free demo accounts with $100,000 in virtual money that you can use to practise trading CFDs in real market conditions. This allows you to gain experience from all of the common trading mistakes you might make, without risking your real money.

When opening a CoverdealFX account please be aware that trading comes with significant risk. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of using your money. View the full risk disclosure.

EXPLORE

Account Features

Demo Account

If you need assistance with your account, our customer support specialists are available weekdays from 9:00 AM - 9:00 PM.
Use these educational tools to learn the fundamentals of trading in the financial markets before getting started.
Get $100,000 in virtual money that you can use to trade CFDs on Forex, Stocks, Commodities, Indices, Cryptocurrencies, and Bonds.
Experience trading CFDs in the market with real market conditions, using your virtual funds.
Select the trading platform that works best for you depending on where and when you prefer to trade CFDs. Choose from MT5 for Desktop, Sirix WebTrader, and Sirix Mobile Trader.

Minimum Description

Margin Requirements

CFDs on Instruments

GET STARTED

How to Open a CoverdealFX Account

1

Register

Fill out the registration form with your personal information to open your new CoverdealFX account.
2

Verify

Scan and submit the necessary verification documents to complete the creation of your account.
3

Deposit Funds

Fund your account with the minimum deposit amount or above via wire transfer, credit card funds transfer, or through an online payment service.
4

Start Trading

Make trades and transactions with more than 250 CFDs on Forex, Stocks, Commodities, and more.
Experience Account Description
Novice Demo The Demo Account allows new clients to practise using CoverdealFX’s trading tools and instruments in real market conditions with virtual money.
Experienced Live Experienced clients can trade CFDs with full access to all of CoverdealFX’s educational tools, market analysis, personalised service, and customer care.
Risk Warning: Trading CFDs is risky and can result in the loss of your invested capital. 79% of retail investor accounts lose money when trading CFDs. Please ensure that you understand the risk involved and do not invest more than you can afford to lose. Read full Risk Disclosure Statement. CoverdealFX is a domain operated by Coverdeal Holdings Ltd, which is regulated by CySEC under License No.231/14