The leading trading app for practice: Demo accounts in the big comparison 2025

Learn to trade without financial risk? Refine your strategies on realistic markets with virtual €50,000 – that’s the dream of every ambitious trader. Whether cryptocurrencies, forex, commodities, or stocks: a high-quality demo account gives you access to all trading segments. We show you the best free training platforms and how to properly use professional analysis features like stop-loss or technical indicators – all without pressure on your account.

Why every successful trader starts with a demo account

A demo account is not just a playground – it’s your training ground. A trading app for practice allows you to answer fundamental questions:

• How do I position myself correctly in the market?
• What fees are involved in trading?
• What does leverage mean in practice?
• How do I read candlestick formations?
• When do I use stop-loss and limit orders?
• What role do indicators play in my decisions?

The biggest advantage, however, lies in a psychological aspect: you learn to handle profit and loss situations – without losing real money. Training emotional stability is often more crucial than theoretical knowledge.

From theory to practice: What type of trader are you?

Before choosing the best trading app for practice, you need to know your personal style:

The mobile specialist works on the go and needs a lightning-fast, intuitive app. All functions – from real-time charts to various order types – must work smoothly on a smartphone. Platforms like Mitrade excel here with their user-friendliness.

The analytical desktop trader prefers working in front of multiple monitors and diving into complex market analyses. A comprehensive platform with expandable tools pays off here – MetaTrader or professional solutions are ideal.

The strategy developer requires depth: backtesting features, historical data, indicator libraries. A best trading app for practice must offer extensive testing options here.

The top 5 demo accounts for free training

Mitrade: €50,000 virtual starting capital on global markets

Mitrade has established itself as one of the leading providers, with over 3 million users worldwide. The demo account scores with its beginner-friendly approach: free registration without complicated processes, available on desktop and mobile app.

What makes Mitrade special? The best trading app for practice with Mitrade combines simplicity with professional market data. You get access to forex pairs, commodities (Gold, oil, silver), global indices (S&P 500, NASDAQ), cryptocurrencies like Bitcoin and Ripple, as well as CFD trading. Risk management tools – trailing stop, stop-loss – are easy to use.

Regulation: CySEC (License 438/23), ASIC, CIMA, FSC

Strengths:

• Regulated by recognized authorities
• Fee-free trading structure
• Proprietary platform with comprehensive analysis tools
• Fast order execution

Weaknesses:

• No MetaTrader 4/5 integration
• No copy trading available

XTB: €10,000 demo budget with broad market spectrum

XTB is one of the established heavyweights in the forex and CFD sector. The proprietary xStation 5 runs in browsers and on mobile devices. However: starting with only €10,000 virtual capital, XTB offers less “room for maneuver” than Mitrade.

Nevertheless, the platform has its qualities. It allows trading with forex, indices, commodities, stocks, ETFs, and cryptocurrencies. Real-time market data and technical analysis tools are integrated. The fee structure is somewhat more complex – making a demo account for practice especially valuable here.

Regulation: KNF, BaFin

Strengths:

• Regulated by trusted European authorities
• xStation 5 with advanced analysis features
• Multiple asset classes

Weaknesses:

• Inactivity fee after 365 days without trading
• Withdrawal fees under €200
• No MetaTrader 4 support

Capital.com: Modern platform with MetaTrader integration

Capital.com is among the most technologically advanced solutions. The demo version offers simplified features but retains full functionality. The user interface is structured and intuitive – ideal for beginners looking for a best trading app for practice.

A big plus: integration of MetaTrader 4 and TradingView. With over 75 technical indicators and real-time quotes, experienced traders can perform deep analyses. However, the variety of tools requires some familiarization.

Regulation: CySEC, FCA

Strengths:

• Modern and regulated
• MT4 and TradingView integration
• 75+ technical indicators
• AI-powered analysis tools

Weaknesses:

• Minimum deposit €250
• No MetaTrader 5 support
• Limited demo version

Skilling: Beginner-friendly with €10,000 demo credit

Since 2019 on the market, Skilling has built a reputation as a reliable partner. Customers appreciate user-friendly platforms and fast order execution. CySEC regulation and ICF membership add extra security.

The demo account starts with €10,000 and allows fee-free deposits and withdrawals (first monthly withdrawal free, then €12.50 per transaction). Skilling offers over 1,000 tradable instruments and access to MetaTrader 4.

Regulation: CySEC

Strengths:

• 1,000+ tradable instruments
• MetaTrader 4 and cTrader access
• Fee-free first withdrawal
• Strong customer support

Weaknesses:

• Young company (since 2019)
• Additional fees from second withdrawal per month
• Limited resources for beginners
• No MetaTrader 5

Plus500: €40,000 demo capital with proven platform

Plus500, an established Israeli CFD broker with over a decade of stock exchange history, offers a demo account with €40,000 starting balance. Deposits and withdrawals are fee-free (first five monthly withdrawals free). The minimum deposit is €100.

The demo features allow testing live prices, market news, various chart types, and indicators. The platform design is a matter of taste, but the versatility compensates for this. Users praise quick account opening and efficient support.

Regulation: FCA, CySEC

Strengths:

• €40,000 demo balance
• Balanced technical analysis tools
• Fast account opening
• Proven provider

Weaknesses:

• No MetaTrader 4/5 integration
• Inactivity fee after 3 months
• No phone support
• Limited beginner materials

Step by step: How to properly use a best trading app for practice

Register in 2 minutes

Registration is very simple. Visit the registration page, enter your country, confirm your email – done. About 2 minutes process.

Understanding the user interface: A quick guide

Left sidebar (Blue area): Here you manage your favorites and trading instruments. Click “Add” to include markets (Gold, EUR/USD, NAS100, AUD/USD) in your watchlist. Mini-charts show quick price movements.

Central chart (Purple area): This is your analysis center. The chart displays price movements via candlesticks, lines, or other formats. You can add indicators, recognize trends, and identify support/resistance levels.

Right side – parameters (Red area): Set leverage, lot size, and automatic take profits/stop losses. A 2x leverage increases your buying power with the same stake – test this risk-free in the demo.

Top area (Yellow area): Current market data at a glance – current price, daily values (Open, high, low, close), percentage changes.

Professional techniques: Using indicators correctly

RSI – The Relative Strength Index

The RSI is a momentum indicator that shows whether a market is overbought (Value over 70) or oversold (Value below 30). To add it:

1. Click on “Indicators” in the top toolbar
2. Type “RSI” and select the entry
3. The indicator appears below the main chart

RSI on a scale from 0 to 100 helps you identify turning points. Overbought values suggest potential corrections, oversold indicate possible rebounds.

Other professional indicators

In the indicators menu, you find:

• Bollinger Bands: Show volatility and potential breakouts
• MACD: Measures momentum and trend strength
• Moving Averages: Smooth price data and identify trends

Combine these tools with chart patterns (Head-and-Shoulders, flags, triangles) for more precise trading signals.

The art of demo trading: From beginner to pro

A best trading app for practice is not a place to blindly place trades – it’s a school for pattern recognition. Ask yourself:

• How does DAX react to employment data?
• What happens to crude oil during geopolitical tensions?
• Which altcoins follow Bitcoin movements?

Through repeated testing, you develop discipline and intuition. Understanding chart formations, interpreting technical indicators, combining different signals – all of this can be learned in a risk-free environment.

Checklist: Finding the right best trading app for practice

Avoid pitfalls in demo trading

Time limits: Some providers restrict demo duration. Ask about unlimited access, especially if you want to test long-term strategies.

Functionality restrictions: Not all features of the live account are available in the demo. Find out which tools are missing.

Fee surprises: The demo is free, but hidden costs may arise when switching to a live account. Check the fee structure in advance.

Conclusion: With the right best trading app for practice to become a successful trader

A demo account is your bridge between theory and reality. Use this time to “feel” markets, recognize chart patterns, understand indicators, and train your emotional stability. With Mitrade, XTB, Capital.com, Skilling, or Plus500, you gain access to professional tools without financial risk.

The difference between successful and unsuccessful traders often lies not in the platform but in discipline and systematic learning. A best trading app for practice gives you the freedom to develop this discipline – use it wisely.