If you’re new to trading or want to test the waters before risking real money, the Plus500 demo account is the perfect place to start.
In this guide, we’ll show you how to use the Plus500 demo account step by step — from opening an account to placing your first trade. We’ll also answer common questions so you can get the most out of it.
Let’s dive in.
✅ What Is the Plus500 Demo Account?
The Plus500 demo account is a free trading simulator that lets you practice buying and selling CFDs (Contracts for Difference) using virtual money.
You get:
- Real-time prices from the live market
- Full access to trading tools and features
- A risk-free environment to test strategies
- No time limit — use it as long as you want
It’s a great way to learn how trading works without the fear of losing real money.
Click here to open your free Plus500 demo account
Disclaimer: “82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.”
Why Use the Demo Account First?
Jumping into live trading without practice can be stressful — and expensive.
Here’s why the demo account is so helpful:
- No risk: You trade with virtual funds, so there’s no chance of losing real money.
- Learn the platform: Get comfortable with the tools before you trade for real.
- Try different assets: Experiment with stocks, forex, crypto, and more.
- Test strategies: See what works — and what doesn’t — in a safe environment.
It’s one of the smartest ways to build confidence before switching to a real account.
️ How to Open a Plus500 Demo Account
Getting started with the demo account is quick and easy. Here’s how:
1. Go to the Plus500 Website
Visit the official site at www.plus500.com.
2. Click “Start Trading” or “Try Free Demo”
On the homepage, click the button that lets you open an account. It’ll ask if you want to trade with real or demo funds — choose Demo Mode.
3. Create an Account
You can sign up using:
- Your email
- Google account
- Apple ID
No documents or ID are required for demo access.
4. Start trading
Once you’re in, you’ll receive virtual money (usually €40,000 or local currency equivalent). You can now browse markets and place demo trades.
Navigating the Platform: What You’ll See
Here’s a quick overview of what’s inside the Plus500 platform:
- Dashboard: Shows your balance, open positions, and watchlist
- Instrument list: Browse CFDs for forex, stocks, crypto, and more
- Charts: Interactive, real-time price charts with indicators
- Trade panel: Buy/sell options with tools to set stop loss, take profit, and leverage
- News & alerts: Keep up with key market events and price movements
Everything in demo mode works just like the real version, so you’re getting true market experience.
How to Place a Demo Trade (Step by Step)
Placing your first demo trade is simple. Here’s what to do:
- Choose an asset
- For example: Apple stock, EUR/USD, or Bitcoin
- Click “Buy” or “Sell”
- “Buy” if you think the price will go up
- “Sell” if you believe the price will go down
- Enter trade details
- Amount you want to invest
- Optional: Set Stop Loss (limit your loss) or Take profit (lock in profit)
- Click “Open Trade”
- Your position is now live in demo mode
- Track your trade
- Watch the price, manage your trade, or close it when you’re ready
Remember, this is virtual trading, so you’re not risking real money.
Click here to open your free Plus500 demo account
Disclaimer: “82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.”
Switching Between Demo and Real Accounts
Plus500 lets you switch between demo and real modes anytime.
To switch:
- Click your profile icon
- Select “Switch to Real Money” or “Switch to Demo”
This is helpful if you want to test strategies in a demo while trading live at the same time.
What Can You Learn from the demo?
The Plus500 demo account is more than just a practice tool. It helps you:
- Understand how CFD trading works
- Learn how leverage affects your trades
- Practice using technical indicators
- Build trading habits and routines
- Learn risk management (stop loss, take profit, etc.)
Even advanced traders use demo accounts to test new ideas before risking money.
Tips to Get the Most Out of the Demo Account
Here are a few helpful tips for making the most of the demo:
- Treat it like real money: Don’t take random trades just because it’s fake money. Build good habits.
- Try different markets: Explore forex, stocks, crypto, commodities — and see what fits you.
- Use indicators: Test tools like RSI, Bollinger Bands, or Moving Averages.
- Review your trades: Learn from your wins and mistakes.
- Practice risk management: Use stop loss and position sizing properly.
When Should You Switch to a Real Account?
You can switch to a real Plus500 account anytime. But make sure:
- You’re comfortable with the platform
- You understand how leverage and spreads work
- You’ve practiced enough on the demo
- You’re trading with money you can afford to lose
The switch from demo to real is seamless — but the emotions in real trading are very different. Start small and go slow.
Please note that opening an account is a multi-step process, which includes completing a questionnaire required under MiFID guidelines to assess the trader’s financial knowledge and experience.
️ Common Questions About the Plus500 Demo
Q: Is the Plus500 demo free?
Yes. 100% free. No deposit. No time limit.
Q: Can I lose money on the demo account?
No. You’re trading with virtual money. It’s just for practice.
Q: Is the demo account the same as the real one?
Yes — same interface, same features, same market prices.
Q: Can I reset my demo balance?
Yes. If your balance drops too low, Plus500 usually gives you the option to reset it.
Final Thoughts: Why the Demo Is a Must
The Plus500 demo account is one of the best tools for learning how to trade CFDs without any risk. It gives you access to real markets, full trading tools, and a safe space to grow your skills.
Whether you’re brand new or testing a new strategy, starting with a demo is a smart move.
Open your free Plus500 demo account here
No risk. No pressure. Just real-time practice to help you trade smarter.
Click here to open your free Plus500 demo account
Disclaimer: “82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.”