Demo accounts are intended to enable you to familiarise yourself with the tools and features of our trading platforms. Success or failure in simulated trading bears no relation to probable future results with any live trading that you may choose to engage in, and you should not expect any success with the demo account to be replicated in actual live trading.

Please note that a demo account cannot always reasonably reflect all of the market conditions that may affect pricing, execution and margin requirements in a live trading environment. Margin and leverage settings may vary from time to time between your demo account and a live account due to live account setting changes imposed as a result of elevated market volatility or other factors

We’d recommend using a demo account until you feel comfortable trading with real capital. Ideally, you’ll have a comprehensive plan and strategy in place too, so you know exactly what to do once you’ve added some funds.

City Index demo accounts expire in 12 weeks, but you can open another one if you wish to continue practising for longer.

Yes, you can open as many City Index demo accounts as you like – although you’ll need a different email address for each one. You can also apply for another demo account once your current one has expired by contacting our Client Services team if you want to trade risk free for a longer period.