A Practice account is designed for those new to trading. It offers beginner traders the opportunity to learn to trade through a demo account in a simulated trading environment of the real markets, and with virtual funds. New traders can familiarise themselves with the trading platform and learn to execute trades efficiently, without any risk of personal financial loss.
Also remember, if you get stuck at any point or have any questions, we have a comprehensive online Help Centre or you can contact our dedicated Customer Support team, who are always happy to help.
A Demo account is a way to practise trading without risking any of your own money, as you'll be using virtual funds. It offers the same tools and features as a live trading account, and you'll be trading under real-market conditions.
Most of what you can do on a live trading account, you’ll be able to action on a Practice Demo account. You can open and close positions, adjust order types and choose from hundreds of different financial instruments. The trading platform works the same way too - the only difference is that the funds you're trading with are not real.
The features, conditions and tools are the same on a Practice Demo account and live account. The only difference is that you're trading with virtual money, so there's no risk involved for you.
Stock CFDs are not available on the Practice Demo account. Once you've moved to live trading though, there are thousands of different stocks for you to access, and you'll still benefit from experimenting with other instruments before.