MT4 & MT5 Demo Account
Experience real market conditions with Milton Markets' MetaTrader demo account. Trade forex and CFDs risk-free with actual spreads. No credit card required. Start trading immediately after registration.
How to Open a MetaTrader 4 (MT4) & MetaTrader 5 (MT5) Demo Account
4 simple steps to open your MetaTrader 4 (MT4) or MetaTrader 5 (MT5) demo account
Download MetaTrader 4 (MT4) or MetaTrader 5 (MT5)
Download MetaTrader 4 (MT4) or MetaTrader 5 (MT5) without registration
Install the platform
Run the downloaded file and install MetaTrader 4 (MT4) or MetaTrader 5 (MT5)
Create demo account
Select demo account in the platform and enter your email address
Start trading
Begin trading on your MetaTrader 4 (MT4) or MetaTrader 5 (MT5) demo account with $100,000 virtual funds
Choose Your MetaTrader 4 (MT4) & MetaTrader 5 (MT5) Demo Account Setup
Two ways to start practicing on MetaTrader 4 (MT4) or MetaTrader 5 (MT5) demo account in minutes
MetaTrader 5 (MT5) Web Demo
Start trading on MetaTrader 5 (MT5) demo account in your browser immediately
MetaTrader 4 (MT4) / MetaTrader 5 (MT5) Platform Demo Account
Download MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platform, create demo account inside
Mobile & Web
What You Get with Your MetaTrader 4 (MT4) & MetaTrader 5 (MT5) Demo Account
$100,000 Virtual Balance
Plenty of virtual funds to test strategies and practice risk management on your MetaTrader 4 (MT4) or MetaTrader 5 (MT5) demo account
Real Market Conditions
Live pricing, actual spreads, and real execution speeds on MetaTrader 4 (MT4) and MetaTrader 5 (MT5) demo accounts
Zero Risk Practice
Learn and experiment on MetaTrader 4 (MT4) and MetaTrader 5 (MT5) demo accounts without risking real money
MetaTrader 4 (MT4) vs MetaTrader 5 (MT5) Demo Accounts Comparison
MetaTrader 4 (MT4) Demo Account
- 30+ built-in technical indicators
- Expert Advisors (EAs) support on MT4 demo account
- 9 timeframes for chart analysis
- Custom indicator development
- MetaTrader 4 (MT4) demo account focused on Forex trading
MetaTrader 5 (MT5) Demo Account
- 38+ built-in technical indicators
- Expert Advisors (EAs) support on MT5 demo account
- 21 timeframes for advanced analysis
- MetaTrader 5 (MT5) demo account supports multi-asset trading (Forex, Stocks, CFDs)
- Economic calendar and depth of market
Trading Instruments Available on MetaTrader 4 (MT4) & MetaTrader 5 (MT5) Demo Accounts
MetaTrader 4 (MT4) Demo Account
- Forex currency pairs (USD/JPY, EUR/USD, GBP/USD, etc.)
- CFD trading
- All major currency pairs
MetaTrader 5 (MT5) Demo Account
- Forex currency pairs (all pairs)
- CFD trading
- Stocks
- Commodities
MetaTrader 4 (MT4) & MetaTrader 5 (MT5) Demo Account System Requirements
Desktop
- Windows: Windows 7 or later (MetaTrader 4 (MT4) and MetaTrader 5 (MT5) demo account compatible)
- macOS: macOS 10.12 or later (MetaTrader 4 (MT4) and MetaTrader 5 (MT5) demo account compatible)
- Internet connection required
Mobile
- iOS: iOS 11 or later (MetaTrader 4 (MT4) and MetaTrader 5 (MT5) demo account compatible)
- Android: Android 5.0 or later (MetaTrader 4 (MT4) and MetaTrader 5 (MT5) demo account compatible)
- MetaTrader 4 (MT4) and MetaTrader 5 (MT5) demo accounts available on mobile apps
MetaTrader 4 (MT4) & MetaTrader 5 (MT5) Demo Account Frequently Asked Questions
How do I open a MetaTrader 4 (MT4) demo account?
Download and install MetaTrader 4 (MT4), then launch the platform and select "Open New Account". Choose demo account and enter your email address. No registration required to download MetaTrader 4 (MT4). You can start trading on your MT4 demo account immediately.
How do I open a MetaTrader 5 (MT5) demo account?
Download and install MetaTrader 5 (MT5), then launch the platform and select "Open New Account". Choose demo account and enter your email address. No registration required to download MetaTrader 5 (MT5). You can start trading on your MT5 demo account immediately.
Do I need to sign up to download MetaTrader 4 (MT4) or MetaTrader 5 (MT5)?
No. You can download MetaTrader 4 (MT4) or MetaTrader 5 (MT5) first without registration. You will enter your email when you create the demo account inside the platform.
What is the difference between MetaTrader 4 (MT4) and MetaTrader 5 (MT5) demo accounts?
MetaTrader 4 (MT4) demo account offers 30+ technical indicators and 9 timeframes for chart analysis, focused on forex trading. MetaTrader 5 (MT5) demo account provides 38+ indicators, 21 timeframes, and multi-asset support (Forex, Stocks, CFDs, Commodities). Both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) demo accounts support Expert Advisors (EAs).
How much virtual money do I get in my MetaTrader demo account?
Milton Markets MetaTrader 4 (MT4) and MetaTrader 5 (MT5) demo accounts come with $100,000 in virtual funds. You can practice forex and CFD trading with this virtual balance.
How long does a MetaTrader demo account last?
MetaTrader 4 (MT4) and MetaTrader 5 (MT5) demo accounts last for a minimum of 30 days. You can create a new demo account whenever you need.
Can I reset my MetaTrader 4 (MT4) demo account balance?
Yes, you can reset your MetaTrader 4 (MT4) demo account balance by creating a new demo account. This will give you another $100,000 in virtual funds to practice with.
Can I reset my MetaTrader 5 (MT5) demo account balance?
Yes, you can reset your MetaTrader 5 (MT5) demo account balance by creating a new demo account. This will give you another $100,000 in virtual funds to practice with.
Can I use Expert Advisors (EAs) on my MetaTrader 4 (MT4) demo account?
Yes, you can use Expert Advisors (EAs) on your MetaTrader 4 (MT4) demo account. This is perfect for testing automated trading systems risk-free.
Can I use Expert Advisors (EAs) on my MetaTrader 5 (MT5) demo account?
Yes, you can use Expert Advisors (EAs) on your MetaTrader 5 (MT5) demo account. This is perfect for testing automated trading systems risk-free.
Is MetaTrader demo account data real-time?
Yes, MetaTrader 4 (MT4) and MetaTrader 5 (MT5) demo accounts use real-time market data and live pricing, just like live accounts. You can practice under the same conditions as live trading.
What currency pairs can I trade on my MetaTrader 4 (MT4) demo account?
On your MetaTrader 4 (MT4) demo account, you can trade major forex currency pairs such as USD/JPY, EUR/USD, GBP/USD, and more. The same currency pairs available on live accounts are available on the MT4 demo account.
What instruments can I trade on my MetaTrader 5 (MT5) demo account?
On your MetaTrader 5 (MT5) demo account, you can trade forex currency pairs, CFDs, stocks, commodities, and other multi-asset instruments. MT5 demo account offers more trading instruments than MT4.
Is the MetaTrader demo account free?
Yes, MetaTrader 4 (MT4) and MetaTrader 5 (MT5) demo accounts are completely free. No credit card required.
Can I practice scalping on a MetaTrader demo account?
Yes, you can practice scalping strategies on MetaTrader 4 (MT4) and MetaTrader 5 (MT5) demo accounts. Since demo accounts use real-time market data, you can practice under conditions close to live trading.
What are the system requirements for MetaTrader demo accounts?
MetaTrader 4 (MT4) and MetaTrader 5 (MT5) demo accounts are available on Windows, macOS, iOS, and Android. Both desktop and mobile versions are available for MetaTrader demo accounts.
Can I switch from MetaTrader demo to live account later?
Yes, you can open a live account anytime and start trading with real funds. Minimum deposit is $50. After practicing on your MetaTrader 4 (MT4) or MetaTrader 5 (MT5) demo account, you can transition to a live account.
Are demo account spreads the same as live account spreads on MetaTrader 4 (MT4)?
Yes, MetaTrader 4 (MT4) demo accounts use the same spreads as live accounts. You can practice under the same conditions as live trading.
Are demo account spreads the same as live account spreads on MetaTrader 5 (MT5)?
Yes, MetaTrader 5 (MT5) demo accounts use the same spreads as live accounts. You can practice under the same conditions as live trading.
Can I create multiple MetaTrader demo accounts?
Yes, you can create multiple MetaTrader 4 (MT4) and MetaTrader 5 (MT5) demo accounts. This is useful for testing different trading strategies.
Start Trading with MetaTrader 4 (MT4) & MetaTrader 5 (MT5) Demo Account
Open a free MetaTrader 4 (MT4) or MetaTrader 5 (MT5) demo account with $100,000 virtual funds and practice forex & CFD trading risk-free
Ready to Trade Live?
When you're confident with your MetaTrader 4 (MT4) or MetaTrader 5 (MT5) demo account results, switch to live trading with just $50 minimum deposit.