Spread Betting are leveraged products and can result in losses that exceed your deposits. They may not be suitable for everyone. Please ensure you fully understand the risks and seek independent advice. Our tables are suitable for experienced investors only.

Demo accounts let you make practice bets without using any of your money. Instead, each account gives you a pretend balance to use, usually 10,000 or more.

Any profit you make in a demo account is not real, so you cannot take cash out. Once the money in the demo account is gone you will no longer be able to practice on that platform.

This comparison shows spread betting companies that offer a demo account.

Which demo account is best?

The best account depends on which markets you want to trade on, and what features you need. Use a demo account to get an idea of:

  • Which devices you can use to trade, e.g. your phone, or computer

  • The features each account offers, like limit orders and overnight trading

  • Which markets you can access with each provider

Shortlisting the demo accounts you want to try, and testing them, could help you identify your favourite platform.

What to look for in a spread betting demo account

You need to find a broker that offers a virtual spread betting platform. When you find one, open a demo account with them to get access to their demo platform.

Once registered, you can log in to your broker's demo platform and start making trades using the fake money you are given.

Financial spread betting demo account FAQs

Q

How many demo accounts can I have?

A

One with as many companies as you like. Once the practice account balance has run out you cannot use the demo anymore.

Q

Do I pay tax when financial spread betting?

A

No, any profits you make are not liable for Income Tax, Capital Gains Tax or Stamp Duty.

Q

Is financial spread betting regulated?

A

Yes, all UK based spread betting companies are regulated by the Financial Conduct Authority.

Q

Is spread betting gambling?

A

No, the FCA does not consider spread betting to be a form of gambling, instead it is seen as a type of investment trading.

Q

Are these demo accounts free to use?

A

Most of these demo accounts are free to sign up for and use. Check each provider's website for full terms and conditions.

Q

Do these accounts limit usage?

A

Some accounts might offer a limited number of demo funds, e.g. up to 10,000, but others may let you practice with unlimited funds.

About our financial spread betting demo accounts comparison

Q

Who do we include in this comparison?

A

We include spread betting companies from our panel that offer a demo account. They are either authorised and regulated by the Financial Conduct Authority (FCA), or a European regulator and listed on the FCA register as EEA authorised.

Here is more information about how our website works.

Q

How do we make money from our comparison?

A

We have commercial agreements with some of the companies in this comparison and get paid commission if we help you take out one of their products or services. Find out more here.

You do not pay any extra and the deal you get is not affected.

Q

How do we select our top financial spread betting providers?

A

We display a range of providers that have completed due diligence and passed our compliance checks.