Admiralshttps://admiralmarkets.com
- CySEC (CY)201/13Checked against the regulator's own register on 2026-09-02
- AFM (NL)On record — not yet checked against the register
- Demo account
- Available — no stated expirySource, read 2026-10-05
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The brokers below state in their own onboarding terms that a demo account is available. Where the broker publishes an expiry we print it; where it publishes none we say so rather than calling the demo unlimited.
Who is on this page: Every broker record whose checked onboarding terms state that a demo account is available.
Ordered by how much of the broker's own published terms we have checked, then alphabetically — this is not a quality ranking.
40 of the 198 broker records we hold qualify for this page. 40 of 198 brokers on record have had their onboarding terms checked.
Legal entity on record: IUX Markets (MU) Ltd
Legal entity on record: Exinity Limited
Legal entity on record: Trademax Australia Limited
Legal entity on record: AVA Trade EU Ltd
Legal entity on record: AxiTrader LLC
Legal entity on record: FP Markets Ltd
Legal entity on record: eToro (UK) Ltd
Legal entity on record: FXOpen Ltd
Legal entity on record: MEX Group Worldwide Limited
Partly. Prices are usually the live feed, but fills are simulated, so slippage and requotes during fast markets are rarely reproduced. Expect live execution to be slightly worse than demo, particularly around news.
Many expire after 30 to 90 days of inactivity, which resets your history and interrupts any record you were building. Where a broker publishes an expiry, it is printed beside that broker below; where it publishes none, this page says so rather than calling the demo unlimited.
You can test the logic, the platform connection and the risk settings. You cannot reliably test how it handles slippage or partial fills, so results will flatter a strategy that trades frequently or in thin markets.
The first 5 of the 40 brokers above whose own published terms we hold, in the order of the list — the table stops at 5. The terms we hold for the other 35 are on their cards above. A cell reading not checked means nobody has read that figure off the broker's pages yet — it is not a finding that the broker lacks it.
| Broker | Licences checked | Platforms published | Minimum deposit published | Max advertised retail leverage | Demo | Raw-spread account | Swap-free account |
|---|---|---|---|---|---|---|---|
| Admirals | 1register entry, read 2026-09-02 | MetaTrader 4, MetaTrader 5Source, read 2026-10-05 | 1 EUR (the lowest in the accounts we read)Source, read 2026-10-05 | 30:1 (CySEC CY, advertised)Source, read 2026-10-05 | yes, no stated expirySource, read 2026-10-05 | publishedSource, read 2026-10-05 | publishedSource, read 2026-10-05 |
| IC Markets | 1register entry, read 2026-08-30 | MetaTrader 4, MetaTrader 5, cTrader, TradingViewSource, read 2026-10-05 | 0 USD (the lowest in the accounts we read)Source, read 2026-10-05 | 5000:1 (FSA_SC SC, advertised)Source, read 2026-10-05 | yes, no stated expirySource, read 2026-10-05 | publishedSource, read 2026-10-05 | publishedSource, read 2026-10-05 |
| IUX.com | 1register entry, read 2026-09-23 | MetaTrader 5, Proprietary web platformSource, read 2026-10-05 | 30 USD (the lowest in the accounts we read)Source, read 2026-10-05 | 3000:1 (FSC_MU MU, advertised)Source, read 2026-10-05 | yes, no stated expirySource, read 2026-10-05 | publishedSource, read 2026-10-05 | not in the account list we readSource, read 2026-10-05 |
| Pepperstone Markets Limited | 2register entry, read 2026-09-16register entry, read 2026-08-30 | MetaTrader 4, MetaTrader 5, cTrader, TradingView, Proprietary web platformSource, read 2026-10-05 | 0 USD (the lowest in the accounts we read)Source, read 2026-10-05 | 200:1 (SCB_BS BS, advertised)Source, read 2026-10-05 | yes, 60 daysSource, read 2026-10-05 | publishedSource, read 2026-10-05 | not in the account list we readSource, read 2026-10-05 |
| Tickmill Ltd | 2register entry, read 2026-09-02register entry, read 2026-09-02 | MetaTrader 4, MetaTrader 5, TradingView, Proprietary web platformSource, read 2026-09-25 | 100 USD (the lowest in the accounts we read)Source, read 2026-09-25 | 1000:1 (FSA SC, advertised)Source, read 2026-09-25 | yes, 7 daysSource, read 2026-09-25 | publishedSource, read 2026-09-25 | publishedSource, read 2026-09-25 |
Admirals
IC Markets
IUX.com
Pepperstone Markets Limited
Tickmill Ltd
Each summary below is generated from the records on this page and nothing else.
Each entry below comes from the broker's own published onboarding terms, read on the date shown: whether a demo is available, and any expiry the broker states. Whether the demo quotes the live feed, and whether the balance can be reset, are not fields our records carry — and we have not opened one to find out.
Our research hub holds 198 broker records for this site. Of the 62 registrations listed above, 53 were read on the regulator's own public register on the date shown. Of the rest, 9 are on record and not yet confirmed on a register — the label beside each one says which. Each one links to the register entry. The 71 figures on this page beyond those registrations were transcribed from a page the broker publishes them on, and each one links to that page with the date somebody read it. Where a date is old, treat the figure as old — brokers change pricing and licences without telling us.
A demo is for learning the platform and proving your process, not for predicting returns. Treat any demo result as the optimistic case.