How to use the Capital.com demo account
With the Capital.com demo account, you can practice CFD trading and trial strategies without placing real funds at risk.
Sponsored by Capital.com. To learn more about trading CFDs, visit the Capital.com website today.
79.58% of retail investor accounts lose money when trading CFDs with this provider. Trading CFDs is high risk and is not suitable for everyone. Refer to Capital.com Australia’s PDS and TMD. Capital Com Australia Pty Ltd (ABN 47 625 601 489) is regulated by ASIC (AFSL 513393).
Whether you're new to CFDs or have been trading for years, it's critical to have a trading plan in place.
This plan helps you solidify your trading goals, and make informed decisions in line with them. The specifics will vary, but often include considerations like which markets to focus on, how to manage risk in different scenarios, and how to calculate how much capital you allocate to each trade.
But although your overall plan will likely remain the same for most (or even all!) of your trading career, the strategies you use will probably evolve over time.
So having tools to test potential strategies is critical. With this in mind, we're taking a look at how you can use the Capital.com demo account to grow your trading skills.
Trade with Capital.com
Trading on CFDs is high risk and not suitable for everyone. Your capital is at risk.
How do I get started with a Capital.com demo account?
To get started with a Capital.com demo account, you'll first need to create a Capital.com account first.
You may need some documents for this process, which could include photo ID.
- Visit the Capital.com website and select "Open account".
- Fill out a list of questions about who you are, including your address, employment status and financial status.
- Select your account currency - this will be in AUD for Australian members.
- Last, but not least, you may need to upload some documents to verify your identity. This may include your passport and your proof of residency.
Once you've done this, you'll be able to access the Capital.com demo account from within your profile.
Can I trade with real world values on the Capital.com demo account?
Yes. Capital.com's demo account is pegged to live prices and also features all of the same features as the real Capital.com account.
This means you're able to practice with both the real values and the real interface that you'll be using for trading.
However, it's important to remember that demo accounts are not the real world. You should still exercise appropriate caution and practice good risk management when you transition over to using real funds.
We'll take a look at some risk management techniques in just a moment.
CFD trading with Capital.com
Capital.com offers CFD trading across 5 different asset classes, from a huge range of worldwide markets.
💵Forex
📈Shares
📊Indices
🪙Cryptocurrencies
💎Commodities
You can also gain access to a range of services, including:
📒 Demo Account: Grow your skills and test your trading strategies before putting real funds at risk, with the Capital.com demo account.
🎓 Educational resources: Capital.com offers a range of learning tools for CFD traders of all experience levels.
📈 Market Analysis: Get up-to-the-moment insights into market movements from Capital.com analysts.
Trading on CFDs is high risk and not suitable for everyone. Your capital is at risk.
Can I practice multiple trading strategies with the Capital.com demo account?
Yes. People trade in CFDs for a range of different reasons, including:
- Portfolio diversification
- Exposure to new markets
- Hedging against other positions
- Using leverage to extend your capital
Disclaimer: Trading CFDs with leverage carries a high level of risk and can result in rapid losses. It is not suitable for everyone. You should consider whether you understand how CFDs work and if you can afford the high risk of losing your money. Refer to the Capital.com PDS and TMD.
Experimenting with Capital.com's demo account and using it in conjunction with your trading plan can help you determine whether CFDs are right for you. Likewise, it can also be a means to trial new markets before committing to them with real funds.
Concrete strategies such as news trading, breakout trading, hedging and scalping can also be trialled. This can give you an idea of how well such approaches sit within your risk comfort level, time commitments and personal tastes.
Importantly, it also allows you to learn to use your analysis tools and instruments. Having these in place can help you make more informed decisions during your trading journey.
Can the Capital.com demo account help me learn about risk management?
Yes. CFDs are considered a high-risk trading product, so it's important to get educated on risk management tools.
As the demo account is a full-featured recreation of Capital.com's actual trading platform, it also includes a range of risk management features.
This includes stop-loss, take-profit, trailing stops and more.
You can also read more about risk management on the Capital.com site.
Key takeaways
Before you can use the Capital.com demo account, you'll need to create a Capital.com account.
- Capital.com's demo account is pegged to real-world values to allow you to test out a range of trading strategies
- Using Capital.com's demo account can allow you to learn more about risk management when trading.
Learn more about trading CFDs with Capital.com
Compare other products
We currently don't have that product, but here are others to consider:
How we picked these