XM Demo Account
Practise risk-free with about $10,000 in virtual funds before trading live — free on XM's MetaTrader 4 and MetaTrader 5, with up to 1:1000 leverage.
Open XM Account →XM offers a free demo account with around $10,000 in virtual funds so you can practise 1,400+ instruments on MetaTrader 4 and MetaTrader 5 at up to 1:1000 leverage before trading live from a $5 minimum deposit.
Why use a demo first
- Test MetaTrader 4 and MetaTrader 5 with around $10,000 in virtual funds and no risk.
- Trade 1,400+ instruments and practise orders, stop-losses and trade management.
- Refine strategies at up to 1:1000 leverage before going live.
- Switch to a live account from a $5 minimum deposit when ready.
From demo to live
When you are ready, see how to open a live XM account and explore the trading app.
Open a Demo or Live Account →Frequently asked questions
Is the XM demo free?
Yes — it is free and funded with about $10,000 in virtual money.
How long does the demo last?
Demos generally stay active while you use them; confirm current terms in the client area.
Can I switch from demo to live?
Yes — open a live account from a $5 deposit and keep practising on the demo in parallel.