Complete Comparison of Demo Trading Apps | 5 Best Choices for Beginners

“I’m interested in FX, but I’m scared to use real money right away…”
This is where demo trading apps come in handy — they let beginners learn trading with zero risk.

A demo trade is a practice tool that allows you to experience real market movements using virtual funds. It’s perfect for beginners and an essential step for anyone touching FX for the first time.

In this article, we’ve carefully selected six demo trading apps that beginners can use safely and compared them side by side.

■ What is a Demo Trading App?

A demo trading app lets you simulate real foreign exchange markets using virtual funds. You can practice chart analysis, entries, stop-loss, and take-profit operations just like in real FX trading.

■ Why Demo Trading is Recommended for FX Beginners

1. Zero Financial Risk
   Since you use virtual funds, you don’t lose money even if you fail. It’s ideal for beginners who want to practice without fear.
2. Practice in a Realistic Environment
   Many demo trading apps use real-time exchange rates, making the experience almost identical to a live account.
3. Understand Order Types and Operations
   By learning order types like IFD, OCO, market, and limit orders, you can greatly reduce mistakes during live trading.

■ 5 Best Demo Trading Apps for Beginners [With Comparison]

① [Gaitame.com] Forex Info Navi × Demo App

• Features: Comes with extensive beginner guides and tutorial videos.
• Highlights: Easy-to-read rate lists and charts with intuitive operation.
• Devices: iOS / Android

Very popular as the “first app to try” for FX newcomers.

② [GMO Click Securities] FX Neo Demo Account

• Features: Nearly identical UI to the real trading app for a realistic experience.
• Highlights: Includes trade analysis features for reviewing past trades.
• Devices: iOS / Android / PC

Suitable for both beginners and intermediate users. Smooth transition from demo to live account.

③ [DMM FX] DMM FX Demo Trading

• Features: Uses the same tools as the live version even in demo mode.
• Highlights: Simple and clean interface makes it easy to navigate.
• Devices: iOS / Android / Web browser

Perfectly designed so beginners won’t get lost on their first FX trading screen.

④ [Rakuten Securities] iSPEED FX Demo Version

• Features: Excellent chart analysis and news integration.
• Highlights: Ideal for those who want to trade FX alongside stock investments.
• Devices: iOS / Android

Recommended for beginners interested in both stock and FX trading.

⑤ [OANDA Japan] fxTrade Demo Account

• Features: Professional-grade charts and stable execution speed.
• Highlights: Supports automated trading (EA) practice.
• Devices: iOS / Android / PC

If you aim to become an intermediate trader, getting used to professional-grade tools early is a good idea.

⑥ [EC Markets] Demo Account

• Features: Experience tight spreads and high leverage typical of global FX.
• Supported Platforms: MT4 / MT5 (PC / Mobile)
• Highlights:
  • Practice under real trading conditions (spreads from 0.0 pips, leverage up to 1:1000)
  • Demo registration takes just minutes, with multiple account types available
  • Practice both manual and automated (EA) trading via MT4/MT5

Ideal demo trading environment for those interested in global FX. You can also test spread tightness and execution speed just like in live trading.

■ Comparison Table: Summary of 6 Demo Apps

■ Cautions and Tips for Using Demo Trading

Don’t Assume “Winning is Easy”

Because demo trading lacks “psychological pressure,” you must remember it’s not the same as live trading.
FX trading with real funds brings emotions into play, which significantly affects your performance.

Use It with Purpose

Set goals such as “enter and exit according to strategy,” “avoid random entries,” or “keep a profit/loss log.” Practicing with purpose greatly enhances the effectiveness of demo trading.

■ Summary | Demo Trading is the First Step to Learning FX

For beginners who want to start FX, demo trading apps are a treasure trove of learning.
We recommend installing one of the five apps introduced and trying it for one week to one month.

Once you master the basics and establish your own trading rules through virtual trading, transitioning to a live account will be smooth.
Take your time, build your skills steadily — that’s the shortest path to success in FX trading.

This article also explains in detail how to start FX trading. Feel free to read it together for more insights.