This page is a desk-based comparison built from each broker's published pricing and terms and our recorded data; we have not tested these accounts except in our recorded tests.
Forex demo account length, virtual funds and platforms
| # | Broker | Score /100 | Demo account | Platforms | Visit broker | More details |
|---|---|---|---|---|---|---|
| 1 |  Pepperstone#1 Highest score, globalMT4, MT5, cTrader, TradingView | 93.5Global score | Free demo, unlimited virtual balance; Pepperstone, MT4 and MT5 demos expire 60 days after creation, cTrader and TradingView demos after 90 days of inactivity |  MT4 MT5 TradingView cTrader+1 more platform, listed in this broker's detailsPepperstone platform and app, MT4, MT5, TradingView, cTrader | Visit Pepperstone | |
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| 2 |  IC MarketsRaw Spread and Swap Free | 89Global score | free demo; length and virtual balance not stated | MT4MT5cTraderTradingView+1 more platform, listed in this broker's detailsMT4, MT5, cTrader, TradingView, IC mobile app | Visit IC Markets | |
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| 3 |  OANDAfxTrade and TradingView platforms | 88.3Global score | Demo account via sign-up form, Messenger or Telegram; length and virtual balance not stated | MT5fxTradeTradingView | Official site of OANDA | |
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| 4 |  TabTradeLowest average EUR/USD spread | 81.5Global score | Demo account from the Secure Account Portal, virtual funds (length and balance not stated) | MT5 (TradingView and cTrader coming soon) | Visit TabTrade | |
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| 5 |  MultiBank GroupStandard, Pro and ECN accounts | 80.3Global score | Demo account offered; length, virtual balance and platforms not stated | MT4MT5Web Trader MT4Web Trader MT5+2 more platforms, listed in this broker's detailsMT4, MT5, Web Trader MT4, Web Trader MT5, Social Trading, MB Trader | Visit MultiBank Group | |
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| 6 |  Fintrix MarketsZero, Standard and Cent accounts | 73Global score | Free demo, US$100,000 virtual funds, MT4 and MT5, expires after 45 days (non-expiry on request) | MetaTrader 4MetaTrader 5WebTraderSocial trading | Visit Fintrix Markets | |
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| 7 |  IG GroupProRealTime and L2 Dealer platforms | 68.2Global score | Free IG demo account, $20,000 virtual funds, IG online platform; MT4 demo also available | IG web platformTradingViewMetaTrader 4MetaTrader 5+3 more platforms, listed in this broker's detailsIG web platform, IG trading app, TradingView, MetaTrader 4, MetaTrader 5, ProRealTime, L2 Dealer | Visit IG Group | |
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| 8 |  FOREX.com90-day free demo | 67.6Global score | Free demo, 90 days, $50,000 virtual funds; FOREX.com platforms, MT4 and MT5 demos | FOREX.com Web traderTradingViewMetaTrader 4MetaTrader 5+1 more platform, listed in this broker's detailsFOREX.com Web trader, FOREX.com mobile app, TradingView, MetaTrader 4, MetaTrader 5 | Visit FOREX.com | |
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| 9 |  CMC MarketsCMC NextGen web platform | 64.6Global score | Free demo on all platforms, virtual funds; MT4 and MT5 demos 30 days initially and expire after 30 days inactive; Next Generation demo does not expire | MetaTrader 4MetaTrader 5TradingViewCMC NextGen (Next Generation web platform) | Official site of CMC Markets | |
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| 10 |  Hantec MarketsGlobal, Pro and Cent accounts | 64Global score | Free MT4 or MT5 demo for 30 days; virtual balance selectable from $1,000 to $50,000 | Hantec MobileHantec WebTraderMT4MT5+1 more platform, listed in this broker's detailsHantec Mobile, Hantec WebTrader, Hantec Social, MT4, MT5 | Visit Hantec Markets | |
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| 11 |  Interactive BrokersTrader Workstation and IBKR Desktop | 62.3Global score | Free trial (paper trading) on IBKR Desktop, TWS and IBKR Mobile; length and virtual balance not stated | Client PortalIBKR MobileIBotIBKR Desktop+1 more platform, listed in this broker's detailsClient Portal, IBKR Mobile, IBot, IBKR Desktop, Trader Workstation (TWS) | Visit Interactive Brokers | |
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| 12 |  Saxo MarketsClassic, Platinum and VIP tiers | 60.1Global score | 20-day demo account, simulated US$100,000 | SaxoInvestorSaxoTraderTradingViewMultiCharts+1 more platform, listed in this broker's detailsSaxoInvestor, SaxoTrader, TradingView, MultiCharts, OpenAPI for Excel | Visit Saxo Markets | |
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| 13 |  XTBxStation 5 platform | 57.3Global score | Free training account, terms (length, balance) not stated | xStation 5XTB mobile appweb platform (desktop and mobile, iOS and Android) | Official site of XTB | |
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| 14 |  eToroCopyTrader and SmartPortfolio | 54.9Global score | Free demo account (Virtual Portfolio), $100,000 virtual funds, CFDs, leverage and CopyTrader available | eToro web platformeToro mobile app | Visit eToro | |
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| 15 |  Purple TradingcTrader Copy trading | 54.5Global score | demo account offered; length, virtual balance and platforms not stated | cTraderTradingViewMT4MT5+1 more platform, listed in this broker's detailscTrader, cTrader Copy, TradingView, MT4, MT5 | Official site of Purple Trading | |
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| 16 |  ATC BrokersProprietary MT5 plug-in | 43.7Global score | 60 days, MT5, USD, EUR or GBP; live account holders can ask for an ongoing demo | MT5 (MetaTrader 5)with ATC proprietary MT5 plug-in | Visit ATC Brokers | |
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"US$" marks amounts where the broker names US dollars; a bare "$" prints as the broker prints it. Each "+" detail carries one licence basis word: "register" where we read the regulator's register, "broker's statement" where we did not. The brokers' companies are licensed in Belize, Bermuda, British Virgin Islands, Cayman Islands, Denmark, Mauritius, Seychelles, The Bahamas, and United States. We read the pages from a Malaysian connection on 29 and 30 September 2026.
EUR/USD spreads, commissions and minimum deposits for these brokers: Best Forex Brokers in Malaysia (2026).
Key sections
Fintrix Markets: Category-weighted score 63.8. Published rating 73, which includes an editorial adjustment of +9.2. Adjustments are disclosed on every page they apply to; see our methodology.
The best forex demo accounts in Malaysia, ranked
Ordered by our global score, highest first.
- Pepperstone - unlimited virtual balance on its free demo
- IC Markets - raw spread accounts plus IC Social copy trading
- OANDA - demo sign-up through Messenger or Telegram
- TabTrade - MT5 platform and TabTrade Social copy trading
- MultiBank Group - Standard, Pro and ECN account types
- Fintrix Markets - US$100,000 demo funds, 45-day expiry
- IG Group - $20,000 demo funds on the IG platform
- FOREX.com - 90-day demo with $50,000 virtual funds
- CMC Markets - Next Generation demo that does not expire
- Hantec Markets - selectable demo balance from $1,000
- Interactive Brokers - paper trading on Desktop, TWS and Mobile
- Saxo Markets - 20-day demo with simulated US$100,000
- XTB - free training account on xStation 5
- eToro - Virtual Portfolio with CopyTrader access
- Purple Trading - RAW account at 0.3 pips average
- ATC Brokers - 60-day MT5 demo in three currencies
Which broker has the best forex demo account?
1. Pepperstone
Pepperstone's free demo comes with an unlimited virtual balance, though Pepperstone, MT4 and MT5 demos expire 60 days after creation, and cTrader and TradingView demos after 90 days of inactivity. Razor spreads start from 0.0 pips (minimum), and Standard and Razor accounts open with $0. Pepperstone takes Malaysian residents through Pepperstone Markets Limited (The Bahamas).
- Company
- Pepperstone Markets Limited, The Bahamas
- Regulator
- the Securities Commission of The Bahamas, licence SIA-F217 register
- Demo account
- Free demo, unlimited virtual balance; Pepperstone, MT4 and MT5 demos expire 60 days after creation, cTrader and TradingView demos after 90 days of inactivity
Sources for Pepperstone
- pepperstone.com (takes Malaysians), read 30 September 2026
- pepperstone.com (demo), read 29 September 2026
2. IC Markets
IC Markets offers a free demo, with its length and virtual balance not stated. Raw Spread average spreads run 0.1 pips, Raw Spread and Standard accounts need no minimum funding, and IC Social copy trading is powered by Pelican Trading. IC Markets takes Malaysian residents through Raw Trading Ltd (Seychelles).
- Company
- Raw Trading Ltd, Seychelles
- Regulator
- the Financial Services Authority of Seychelles, licence SD018 register
- Demo account
- free demo; length and virtual balance not stated
3. OANDA
You can open an OANDA demo through a sign-up form, Messenger or Telegram, with the length not stated. The Standard account needs no initial deposit, core pricing spreads start from 0.1 pips (minimum, plus commission), and copy trading is built into MT5. OANDA takes Malaysian residents through OANDA Global Markets Ltd (British Virgin Islands).
- Company
- OANDA Global Markets Ltd, British Virgin Islands
- Regulator
- the British Virgin Islands Financial Services Commission, licence SIBA/L/20/1130 register
- Demo account
- Demo account via sign-up form, Messenger or Telegram; length and virtual balance not stated
Sources for OANDA
- help.oanda.com (takes Malaysians), read 29 September 2026
- help.oanda.com (demo), read 29 September 2026
4. TabTrade
TabTrade's demo account opens from the Secure Account Portal with virtual funds, and TabTrade does not state the demo's length or its virtual balance. The Standard and Edge accounts both need a $0 minimum deposit. Datalyst data for April 2026 puts the Edge account's average EUR/USD spread at 0.03 pips. TabTrade takes Malaysian residents through TabTrade (Mauritius) Ltd (Mauritius).
- Company
- TabTrade (Mauritius) Ltd, Mauritius
- Regulator
- the Financial Services Commission, Mauritius, licence GB26206419 register
- Demo account
- Demo account from the Secure Account Portal, virtual funds (length and balance not stated)
Sources for TabTrade
- tabtrade.com (takes Malaysians), read 29 September 2026
- tabtrade.com (demo), read 29 September 2026
5. MultiBank Group
MultiBank Group offers a demo account, though its length, virtual balance and platforms are not stated. Live accounts start at $50 on Standard ($1,000 Pro, $10,000 ECN), ECN average spreads run 0.1 pips, and copy trading runs through Social Trading. MultiBank Group takes Malaysian residents through MEX Atlantic Corporation (Cayman Islands).
- Company
- MEX Atlantic Corporation, Cayman Islands
- Regulator
- the Cayman Islands Monetary Authority, licence 1811316 broker’s statement
- Demo account
- Demo account offered; length, virtual balance and platforms not stated
Sources for MultiBank Group
- multibankfx.com (takes Malaysians), read 30 September 2026
- multibankfx.com (demo), read 29 September 2026
6. Fintrix Markets
Category-weighted score 63.8. Published rating 73, which includes an editorial adjustment of +9.2. Adjustments are disclosed on every page they apply to; see our methodology.
Fintrix Markets gives you a free demo with US$100,000 in virtual funds on MT4 and MT5, expiring after 45 days unless you request non-expiry. The Zero account has minimum spreads of 0.0 pips, and the Standard account opens with US$0. Fintrix Markets takes Malaysian residents through Fintrix Markets Ltd (Mauritius).
- Company
- Fintrix Markets Ltd, Mauritius
- Regulator
- the Financial Services Commission, Mauritius, licence GB22200883 broker’s statement
- Demo account
- Free demo, US$100,000 virtual funds, MT4 and MT5, expires after 45 days (non-expiry on request)
Sources for Fintrix Markets
- fintrixmarkets.com (takes Malaysians), read 29 September 2026
- fintrixmarkets.com (demo), read 29 September 2026
7. IG Group
IG's free demo account comes with $20,000 in virtual funds on the IG online platform, with an MT4 demo also available. The CFD trading account has no minimum balance, though card funding requires at least US$50. Platforms include TradingView, MT4, MT5, and L2 Dealer. IG Group takes Malaysian residents through IG International Limited (Bermuda).
- Company
- IG International Limited, Bermuda
- Regulator
- the Bermuda Monetary Authority (Investment Business licence) register
- Demo account
- Free IG demo account, $20,000 virtual funds, IG online platform; MT4 demo also available
Sources for IG Group
- live.client-onboarding.ig.com (takes Malaysians), read 30 September 2026
- ig.com (demo), read 29 September 2026
8. FOREX.com
FOREX.com's free demo runs for 90 days with $50,000 in virtual funds, covering its own platforms plus MT4 and MT5. Standard Account funding starts at $100, and RAW Pricing spreads start from 0.0 pips (minimum). The mobile app covers iOS and Android. FOREX.com takes Malaysian residents through GAIN Global Markets Inc. (Cayman Islands).
- Company
- GAIN Global Markets Inc., Cayman Islands
- Regulator
- the Cayman Islands Monetary Authority, licence 25033 register
- Demo account
- Free demo, 90 days, $50,000 virtual funds; FOREX.com platforms, MT4 and MT5 demos
Sources for FOREX.com
- application.forex.com (takes Malaysians), read 30 September 2026
- forex.com (demo), read 29 September 2026
9. CMC Markets
Every CMC platform has a free demo with virtual funds: MT4 and MT5 demos run 30 days initially and expire after 30 days of inactivity, while the Next Generation demo does not expire. FX Active spreads start from 0.0 pips (minimum). CMC Markets takes Malaysian residents through CMC Markets Bermuda Limited (Bermuda).
- Company
- CMC Markets Bermuda Limited, Bermuda
- Regulator
- the Bermuda Monetary Authority (Investment Business licence) register
- Demo account
- Free demo on all platforms, virtual funds; MT4 and MT5 demos 30 days initially and expire after 30 days inactive; Next Generation demo does not expire
Sources for CMC Markets
- signup.cmcmarkets.com (takes Malaysians), read 30 September 2026
- cmcmarkets.com (demo), read 29 September 2026
10. Hantec Markets
Hantec Markets provides a free MT4 or MT5 demo for 30 days, with a virtual balance you can select between $1,000 and $50,000. Live funding starts from US$10 on the Hantec Global account, and Pro account spreads start from 0.1 pips (minimum). Hantec Markets takes Malaysian residents through Hantec Markets Ltd (Mauritius).
- Company
- Hantec Markets Ltd, Mauritius
- Regulator
- the Financial Services Commission, Mauritius, licence C114013940 broker’s statement
- Demo account
- Free MT4 or MT5 demo for 30 days; virtual balance selectable from $1,000 to $50,000
Sources for Hantec Markets
- hmarkets.com (takes Malaysians), read 30 September 2026
- hmarkets.com (demo), read 29 September 2026
Other brokers on our Malaysian list with a demo account
11. Interactive Brokers 62.3/100
Interactive Brokers LLC, United States; US Securities and Exchange Commission register
Interactive Brokers gives you a free paper trading trial on IBKR Desktop, TWS, and IBKR Mobile, with its length and virtual balance not stated.
12. Saxo Markets 60.1/100
Saxo Bank A/S, Denmark; Danish Financial Supervisory Authority broker’s statement
Saxo Markets gives you a 20-day demo account with simulated US$100,000 in virtual funds.
13. XTB 57.3/100
XTB International Limited, Belize; Financial Services Commission of Belize register
XTB offers a free training account, though its length and balance terms are not stated.
14. eToro 54.9/100
eToro (Seychelles) Limited, Seychelles; Financial Services Authority of Seychelles register
eToro's Virtual Portfolio has $100,000 in virtual funds with CopyTrader and CFDs available.
15. Purple Trading 54.5/100
AXSE Brokerage Ltd., Seychelles; Financial Services Authority of Seychelles register
Purple Trading offers a demo account, with length, virtual balance and platforms not stated.
16. ATC Brokers 43.7/100
ATC Brokers Limited (Cayman Islands), Cayman Islands; Cayman Islands Monetary Authority register
ATC Brokers gives a 60-day MT5 demo in USD, EUR or GBP, ongoing for live account holders.
The brokers on this page take Malaysian residents through companies licensed outside Malaysia, not by Malaysian regulators. Bank Negara Malaysia (BNM) said on 12 July 2024: “Forex trading, except those that are carried out with banks licensed by BNM, is illegal!” The quote comes from BNM’s statement of 12 July 2024.
Which forex demo accounts do not expire?
Of the 16 brokers, 7 state a length, and FOREX.com’s 90 days is the longest. The other lengths are 60, 45, 30, and 20 days. CMC Markets’ Next Generation demo never expires, Pepperstone’s cTrader and TradingView demos expire only after 90 days of inactivity, Fintrix Markets sets non-expiry on request, and ATC Brokers’ live account holders can request ongoing demos. Interactive Brokers’ paper trading runs on IBKR Mobile; see Best Forex Trading Apps in Malaysia (2026) and the chart below.
How much virtual money does a forex demo account give?
Virtual balances are stated differently: a fixed figure, a range, or unlimited. Only Fintrix Markets and Saxo Markets name US dollars, at US$100,000 each. IG Group gives $20,000, FOREX.com $50,000, and eToro $100,000. Hantec Markets lets you choose from $1,000 to $50,000, and Pepperstone states an unlimited balance. Others state none.
How to use a forex demo account before you trade live
Before you trade live, I recommend using a forex demo account as a dress rehearsal. Size each position as if the balance were real. Practise on the pair you will trade. Test the platform you will trade on; order types and charts differ between MT4, MT5, and broker platforms. Check the demo’s expiry date. If MT4 is your platform, see our Best MT4 Brokers in Malaysia (2026) guide. The lot size calculator below does the arithmetic.
How much do you need to open a live account after a demo?
Ten of the 16 brokers state no minimum deposit or a zero minimum, including Pepperstone, IC Markets, OANDA, Interactive Brokers, and TabTrade with its $0 Standard account. The rest state figures: Hantec Markets US$10, eToro US$50 (first deposit), MultiBank Group $50, FOREX.com $100, Purple Trading $500, and ATC Brokers US$2,000. See our Best Forex Brokers in Malaysia (2026) and Lowest Spread Forex Brokers in Malaysia (2026) pages.
FAQs
Which broker has the best forex demo account in Malaysia?
Which forex demo accounts do not expire?
How long does a forex demo account last?
How much virtual money do you get in a forex demo account?
Which brokers offer a free MT5 demo account?
Can you lose real money on a demo account?
Related pages
- Best Forex Brokers in Malaysia (2026)
- Best MT4 Brokers in Malaysia (2026)
- Best MT5 Brokers in Malaysia (2026)
- Best Islamic Forex Accounts in Malaysia (2026)
- Best Copy Trading Platforms in Malaysia (2026)
- Best Forex Trading Apps in Malaysia (2026)
- Lowest Spread Forex Brokers in Malaysia (2026)
- Best CFD Brokers in Malaysia (2026)
About the author
Justin Grossbard is the Co-Founder and CEO of CompareForexBrokers, which he established with Noam Korbl in 2014. He has over 20 years of professional experience in online marketing and holds a Master's in Marketing from Monash University.
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