While much of the functionality of the live platform features in the demo, there are key differences to be aware of, including (but not limited to): This is by no means an exhaustive list, and therefore before opening a live account we recommend you read the information available on our website as well as the Customer Agreement to ensure that you are aware of the features of a live account. Trades made through the demo account will not be subject to slippage, interest and dividend adjustments, or out of hours price movements, Trades may be rejected if you have insufficient funds to open them, but, unlike on a live account, will never be rejected on the grounds of size or price, You will not be charged for chart packages on a demo account, Trades will not be closed if you have insufficient funds to cover margin and running losses, which can happen on a live account. IG review written by investing professionals. You could sustain a loss of some or all of your initial investment and should not invest money that you cannot afford to lose. Demo accounts aren’t just for newcomers. The demo can, in particular, give many insights into trading Forex and allow traders to experiment and get to know more about how foreign exchange markets operate. You will automatically open a demo account automatically when you open a live account with IG. The trader's profit or loss is based on the full value of the position taken, so from the initial outlay, it's possible to gain more than what was originally put down, but it’s also possible to lose more as well. 54814. The main difference is you won’t be at risk of losing any money, so you can explore and experiment with confidence. IG International Limited is licensed to conduct investment business and digital asset business by the Bermuda Monetary Authority and is registered in Bermuda under No. When trading Forex online, you will need research and practice to start to understand the ins and outs of currency trading. IG International Limited is part of the IG Group and its ultimate parent company is IG Group Holdings Plc. Clicktrades provides Forex & CFD online trading on more than 2100 global assets. As an introduction to trading, it has most of the same features as the live trading programme but without the need to worry about actually losing money. Commodities are an important market-trading sector, the basis of the term being a product that effectively remains the same wherever it happens to be produced. The information on this site is not directed at residents of the United States and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. We constantly review many different venues to find you the best price. You could sustain a loss of some or all of your initial investment and should not invest money that you cannot afford to lose. We break down our algorithmic offering, so you can remove human error from your trading and backtest your theories. Take full control over each trade in just a few clicks, using the range of helpful features in our easy-to-use deal ticket: Get right to the heart of price action and make the most of opportunity with our fast, clear, smart charts. There are many trading platforms to choose from, including desktop platforms, trading apps, web-based platforms and third-party programs. You also consent to IGs Privacy Notice and Access Policy , including any offshore disclosure of your personal information specified therein. Plus, you’ll get interactive charts, news and automatic trading alerts. Traders choosing the IG demo account get access to the IG trading platform tutorial and can spend as much time as required learning how to use the IG trading platform. Experienced traders can use advanced third-party platforms, while algorithmic traders can choose specialist platforms to develop their own automated trading programs. I’d like to receive information from IG Group companies about trading ideas and their products and services via email. You’ll be able to select the pairs you want to keep an eye on and set alerts so you can react instantly to any price volatility. The IG MetaTrader 4 demo has the same layout as the live version of the MT4 platform, with four trading windows and over 80 markets to choose from. Price moves. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. There may be some differences in the quality of the product, but there is not much to differentiate one specific product from another. A demo account will enable you to view all the FX pairs available to you with IG and get used to how they behave. This is so that you can get a feel for trading FX on our platform. Trade over 17,000 global markets on the go with IG – forex, shares, cryptos, commodities and more. Traders choosing the IG demo account get access to the IG trading platform tutorial and can spend as much time as required learning how to use the IG trading platform. Accounts are traded in lots of various sizes, with a micro lot being 1,000 units of a particular currency. Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. We’re here 24 hours a day, from 8am Saturday to 10pm Friday. It's different from the stock market where a single stock can be bought or sold. Stay up-to-date with financial announcements, and ahead of market movements, with our news and analysis package – integrated into our online trading platform. You get £10,000 in virtual funds to trade however you like. IG Group has over 178,000 clients worldwide. You should consider whether you understand how this product works, and whether you can afford to take the high risk of losing your money. IG International Limited is licensed to conduct investment business and digital asset business by the Bermuda Monetary Authority and is registered in Bermuda under No. Take our online trading platform for a test-drive – open a free IG demo account. We always try to improve the integrity of our prices and reduce your transaction charges. Enjoy exclusive access to global data and expert analysis, with live prices available. Many traders dipping their toes into playing the markets live may be reluctant initially to commit too much capital to a live account. Trade over 17,000 global markets on the go with IG – forex, shares, cryptos, commodities and more. As with any initial move into a new area of education, it's sensible to do a demo broker comparison to see what is on offer. Find out what you need to make an informed trade, with fundamental and technical analysis from IG and DailyFX. You can deal on forex pairs, commodities, indices and cryptocurrencies. By submitting your telephone number you are giving IG permission to contact you by phone with guidance regarding the use of your demo account. See how we've been changing the face of trading for more than 45 years. Once the 2019/20 financial year statement is released in late July 2020, it will … If you’re new to the markets, you might want to choose a desktop online trading platform. However, our order management system will never fill you at a level worse than the one you requested, unless you have instructed us to do so (though your order may be rejected). 76% of retail clients lose money, please consider affordability. ** Trade over 17,000 financial markets with ease, … There is currently no stamp duty to pay and profits are tax-free, though the government could change that in a future Budget. A demo account costs nothing to open up, and there are no actual risks to the trader. How far and which way the market moves will determine profit or loss. Everything in one place: pros and cons of fees, trading platform and investor protection. Compare features and decide which platform best suits your needs, with our helpful comparison table. All of these terms are just synonyms for the same type of simulated trading platform. However, with an IG demo trading account, you’ll gain access to over 80 FX pairs. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. The main difference is you won’t be at risk of losing any money, so you can explore and experiment with confidence. Learn from the experts themselves with our online webinars. Set up automatic alerts and be the first to know about them - on any device: Get help identifying the right time to trade on forex, indices and commodities markets. All our platforms use top-of-the-range web security, so you can trade with confidence. However, with an IG demo trading account, you’ll gain access to over 17,000 markets, including: Indices; Forex; Shares; Commodities; Cryptocurrencies; As well as a range of other markets including bonds, rates and options. The risks of loss from investing in CFDs can be substantial and the value of your investments may fluctuate. Cookies help us to deliver our services. What is CFD trading and how does it work? The allowance is tax-free, and with a Stocks and Shares ISA, any profits made have no capital gains tax charges. Looking for your next opportunity? This is so that you can get a feel for trading FX on our platform. Hope and fear are strong feelings, as is greed. The FX Week e-FX Awards is a submissions-based process where companies are invited to enter the judging process.