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A JustMarkets demo account lets you trade real market conditions with virtual money, so you can practise for free with nothing at stake. It runs on the same MT4 and MT5 platforms as a live account, feeds you live-style quotes, and asks for no deposit.
For anyone new, opening one is the sensible first move before real money is ever involved.
Before you get too comfortable, one honest caveat: a demo can flatter you. It cannot copy the nerves of trading your own cash, and its fills are often smoother than a live account gives you. We come back to that, because it matters more than most guides admit.
Think of it as a full copy of the live platform running on play money. The market you see tracks the real one, quotes move as they do in the wild, and orders behave the way they would on a funded account.
When you create the demo, you pick the account type, the currency, a starting balance, and a leverage level.
The one hard rule: profits here are not real, so there is nothing to withdraw. The point of the account is learning, not earning. Once you can trade it well, that is your cue to think about a real one.
JustMarkets lets you demo over 100 instruments, so you are not stuck on EUR/USD. That covers currency pairs, indices, metals, energy, shares, and crypto, though the Cent account sticks to forex and commodities.
Every live account type can be opened in demo form, and each runs on MT4, MT5, the JustMarkets app, or the web terminal. If the platform choice matters to you, our lists of MT4 brokers and MT5 brokers put it in context.
| Account | Spread from | Commission | Good to Practise |
|---|---|---|---|
| Standard Cent | 0.3 Pips | No | Your Very First Trades, in Micro Sizes |
| Standard | 0.3 Pips | No | Normal Lot Sizes Across Most Markets |
| Pro | 0.1 Pips | No | Tighter Spreads Once You Have a System |
| Raw Spread | 0.0 Pips | $3 per Lot Each Side | Cost-per-Trade Maths Before Going Live |
Spreads and commissions above are the live figures the demo mirrors, so what you test is close to what you will pay later. The full account breakdown sits in our JustMarkets review.
The whole thing takes a couple of minutes.
| Expert Tip: Make the virtual balance close to what you actually plan to fund. A $100,000 demo teaches you very little if your real first deposit will be $50, because the position sizes and the pressure are nothing alike. Set it near your real number and the practice carries over. |
Same thinking on leverage. JustMarkets offers up to 1:3000, but a beginner who leans on that on demo builds a habit that empties a real account fast. Keep it modest so the trader you practise being is the trader you can afford to be.
This is the part worth reading twice, because the gap is real.
None of this makes the demo less useful. It just means you should treat a great demo run as promising, not proof.
Move on when your results are steady over weeks rather than a lucky few days, when you can explain why each trade worked, and when you are reading market analytics instead of chasing wild swings.
Then start small. A real Cent or Standard account opens from $10, which keeps early mistakes cheap. If tiny starting sizes appeal, our brokers with micro accounts page is a useful comparison.
The JustMarkets demo is a genuinely good place to start. It is free, it copies the live platform closely, and it lets you learn the mechanics without losing a cent.
Just Hold Two Things in Mind: keep your virtual balance and leverage realistic and remember that calm demo profits are easier than live ones. Practise honestly, then step up small.
