XM Demo Account
Try XM without risking money first: about $10,000 in virtual funds, MetaTrader 4 or 5, and leverage up to 1:1000, all free.
Open XM Account →New to XM? The free demo account starts with roughly $10,000 in practice funds, letting you trial MetaTrader 4 or 5 — leverage up to 1:1000 included — before committing real money from a $5 deposit.
Why use a demo first
- Run MetaTrader 4 or MetaTrader 5 with roughly $10,000 in play money and zero real risk.
- Practise across 1,400+ instruments — order types, stop-losses, position sizing.
- Stress-test a strategy at up to 1:1000 leverage before it touches real capital.
- Move to a live account whenever you're ready, from a $5 minimum deposit.
From demo to live
When you are ready to trade for real, switch from the demo to a live XM account.
Open a Demo or Live Account →Frequently asked questions
Is the XM demo account free?
Yes, and it comes loaded with about $10,000 in virtual funds.
How long does the demo stay open?
Typically it stays active while you're using it — check the client area for current terms.
Can I use demo and live at the same time?
Yes — plenty of traders keep practising on demo after they've gone live.