The AvaTrade demo account is a simulated trading environment that provides virtual funds to help traders practice in real market conditions without financial risk. AvaTrade offers this account as a tool for beginners to familiarize themselves with trading platforms and strategies before transitioning to a live account. The account includes access to the same market instruments, order types, and leverage as a live account, allowing users to test strategies in a risk-free environment.
The demo account provides a $10,000 virtual balance, access to platforms like MT4, MT5, WebTrader, AvaOptions, and AvaGo, and real-time market data. It supports technical analysis, automated trading with expert advisors, and order execution under live market conditions. Traders can practice risk management techniques and gain experience using AvaTrade’s educational resources. Customer support is available for account-related inquiries.
The AvaTrade demo account remains active for 21 days, with an option to extend by contacting customer support. Users must register with an email and verify their profile to gain access. While the virtual balance cannot be reset, traders can open a new demo account after the trial period expires. The demo experience mirrors live trading but lacks real financial consequences and market slippage, which affects live accounts.
How to open an AvaTrade demo account?
There are five steps to open an AvaTrade demo account. These are to visit Avatrade’s website, fill the registration form, verify your profile, login into the demo account and customize your demo account. The different steps to open an AvaTrade demo account are listed below.
First, visit AvaTrade’s website. The very first thing you should do is head on over to the AvaTrade homepage. From there, below the button, there’s a link to the AvaTrade demo account registration form.
Second, fill the AvaTrade registration form. The AvaTrade registration form consists of a popup screen. The traders will be required to fill it out, or can skip this section by signing up with their Facebook or Google account. It is necessary to have a valid phone number, and email address. Then simply accept the Terms and Conditions, and click ‘Create Account’.
Third, verify your AvaTrade profile. When opening an AvaTrade demo account, it is not necessary to confirm your email address right away since you will be directed automatically to your demo account dashboard. Users will then receive an email with all your login details, including the metaTrader details, like in the image below.
Fourth, login into the AvaTrade demo account. From your AvaTrade personal profile page you will be able to manage your account funds and information. On this page you will find the trading platform download button as well as the credentials to connect to the platform itself, which are different from your AvaTrade profile login information.
Lastly, customize your AvaTrade demo account. The AvaTrade platform can be chosen directly in your account dashboard. The platforms include AvaTrade MT5, AvaOptions, as well as MT4 and the Webtrader which can also be accessed in the same location. Once the platform is chosen, users will receive an email confirming the registration and the platform login details. On this page you will find the trading platform download button as well as the possibility to connect to DupliTrade and, depending on your location, ZuluTrade. The AvaTrade Webtrader and initial screen you are greeted with should look just like the image below.
What are the features of the AvaTrade demo account?
The features of the AvaTrade demo account are listed below.
- Platforms: The AvaTrade demo account offers access to several trading platforms: MT4, MT5, and three proprietary web-based platforms, WebTrader, AvaOptions and AvaGo.
- Virtual Balance: The AvaTrade demo account provides users with a virtual balance of $10,000.
- Tradable Instruments: The AvaTrade demo account offers access to all tradable instruments available on the platform.
- Leverage: Leverage is available in the AvaTrade demo account.
- Market Data: The AvaTrade demo account includes real-time market data.
- Time Limit: There is a time limit of 21 days on using the AvaTrade demo account, but extensions can be requested if needed.
- Balance Reset: Traders cannot reset the AvaTrade demo account balance, it remains at $10,000 throughout its duration.
- Account Limit: Traders can only open one AvaTrade demo account for email and username.
- Educational Resources: The AvaTrade demo account includes educational resources to help users improve their trading skills.
- Strategy Practice: Traders can practice trading strategies on the AvaTrade demo account, which is designed to simulate live trading conditions.
- Customer Support: Customer support is available for AvaTrade demo account users.
The AvaTrade demo account main features and characteristics are detailed in the table below.
| AvaTrade Demo Account | Characteristics |
|---|---|
| Demo available | Yes |
| Trial duration | 21 days |
| Demo platforms | MT4, MT5, WebTrader, AvaOptions, AvaGO |
| Virtual money amount | 10.000 € |
| Customizable features | Yes |
What is the difference between a live and demo AvaTrade account?
The differences between AvaTrade demo and live accounts involve real vs. virtual capital, impacting trading psychology. AvaTrade demo accounts simulate market conditions but can’t replicate the emotional aspects of live trading. The demo account includes the absence of slippage and the potential for real profits or losses in AvaTrade live accounts.
In demo accounts, traders practice with virtual money without the fear of losses, while in live accounts, traders operate with real money. This involves financial risks, as losses have a direct impact on traders’ capital.
As for market execution, the major difference between demo and live accounts is the possibility of slippage. Slippage is the difference between your requested order price and the real order’s execution price. This happens because prices change quickly and as a consequence, your order can be executed at a different price than when the order was initiated. Slippage won’t happen in a demo account because you deal with virtual money.
In live accounts, traders encounter costs, such as commissions, spread and other transaction costs, which affect traders’ earnings, while in the demo account there are no transaction costs and commissions are low or equal to zero. For Live accounts, there is a $50 fee after 3 months of inactivity, while the demo accounts are valid for 21 days without any cost. This period can be extended by contacting AvaTrade customer support or you can simply open another demo account. If you are using the Duplitrade platform then the expiration period is 30-days.
How to switch from an AvaTrade demo to an AvaTrade live account?
There are three steps to switch from an AvaTrade demo to an AvaTrade live account. These are to provide proof of your identity, verify your account and make the first deposit. The different steps to switch from an AvaTrade demo to an AvaTrade live account are listed below.
First, provide proof of your identity (Passport, ID or Driver License) and proof of your residence (Bill utility or bank statement) to get verified. Depending on the country, AvaTrade may ask you to fill a questionnaire about your trading knowledge.
Second, AvaTrade will verify your account. This step confirms that your identity and residence have been authenticated.
Finally, make your first deposit and start trading. The AvaTrade minimum deposit is $100. When switching to a live account, your demo will still be available.
How to best use an AvaTrade demo account?
To best use an AvaTrade demo account you have to avoid opening large positions, treat money as if it were real, practice daily and study materials offered by AvaTrade.
Do not open large positions if you are not planning to trade with large amounts of money. Your demo account should reflect how you would trade in a real scenario, ensuring a smooth transition when you switch to a live account.
Treat the money in your demo account as if it were real. This mindset will help you develop discipline and avoid reckless trading behaviors that could lead to unnecessary risks when trading with actual funds.
Practice daily to reinforce your trading skills. Consistency is key in trading, and regular practice will help you refine your strategies, improve decision-making, and build confidence in different market conditions.
Study and integrate knowledge to speed up your learning. Take advantage of AvaTrade’s educational resources, including guides, webinars, and tutorials, to enhance your understanding of market trends, technical analysis, and risk management.
What are the advantages of an AvaTrade demo account?
The advantages of an AvaTrade demo account are listed below.
- Good choice of trading platforms: allows traders to choose between MT4, MT5, WebTrader, AvaOptions and AvaGo
- User-friendly: traders can easily manage their virtual portfolio thanks to a clean and simple interface
- Possibility to use Duplitrade: a platform that allows you to automatically replicate the actions of expert traders directly on your Avatrade account
- Backtesting opportunities: allows traders to evaluate and optimize strategies to improve future performance
- Risk-Free Environment: allows traders to practice trading techniques and strategies without risking real money
What are the disadvantages of an Avatrade demo account?
The disadvantages of an AvaTrade demo account are listed below.
- Trial duration: the AvaTrade demo accounts are valid for only 21 days, but this period can be extended by contacting AvaTrade customer support
- Account Limit: you can only open one AvaTrade demo account per email and username
- Balance Reset: you cannot reset the AvaTrade demo account balance
- Ignoring risk management: traders use virtual money and may not fully understand the importance of risk management
- Lack of the psychological factor: it can lead to a false sense of security
To find out more about AvaTrade’s characteristics, features, pros and cons and opinions, check out our AvaTrade review.