Independent broker research
027Vol. IVJuly 10, 2026
Independent broker research

Broker research

IC Markets Demo Account checklist

A demo account is a practical way to evaluate a broker's platforms and order handling before committing real money, but demo terms differ widely between brokers and can change without notice. This page does not assert what IC Markets currently offers. Instead, it sets out the questions to answer from the broker's own site and documents so you know exactly what a demo does and does not tell you. For broader context, see the full IC Markets review and the broker comparison tool on InvestorTrip.

IC Markets Demo Account checklist cover image

What to confirm about demo availability and terms

Before signing up for any demo, confirm the basic terms directly with the broker. Key points include whether a demo is currently offered, how long access lasts, whether it expires or can be renewed, and which platforms and account types it simulates. Some brokers restrict demos by region or require contact details that lead to marketing outreach, so check the sign-up conditions and privacy terms as well. Write down what you find and the date, since demo terms are among the details brokers change most often.

  • Confirm on the broker's own site whether a demo account is currently available in your region.
  • Check the demo duration and whether it expires, resets, or can be extended.
  • Identify which platforms and account configurations the demo covers.
  • Read what personal information is required at sign-up and how it may be used.

How demo conditions differ from live trading

Demo environments are useful for learning platform mechanics, but they rarely replicate live conditions exactly. Simulated fills often ignore real-world slippage, requotes, and liquidity gaps, and demo pricing feeds may differ from the live feed. Emotional pressure is also absent when no real money is at stake. Treat demo results as a way to learn the platform and test your process, not as a reliable forecast of live performance, and ask the broker directly how its demo pricing and execution are simulated.

  • Ask the broker whether demo pricing uses the same feed as live accounts.
  • Expect simulated execution to understate slippage and liquidity effects seen in live markets.
  • Use the demo to learn order types, margin displays, and platform navigation rather than to project returns.
  • Note any demo-only settings, such as fixed virtual balances, that will not carry over to a live account.

A structured demo testing plan

You will learn more from a demo if you approach it with a plan rather than clicking around. Decide in advance which instruments, order types, and scenarios you want to test, and keep a simple log of what you observe. Test the things that matter most when real money is involved: placing and modifying stop and limit orders, reading margin requirements, and understanding how the platform displays costs. If anything is unclear, that is a prompt to contact support before funding, not after.

  • List the order types and platform features you need, then test each one deliberately.
  • Practise reading margin, swap, and cost displays so you understand them before trading live.
  • Log any confusing behaviour and ask the broker's support team to explain it in writing.
  • Compare the demo experience with other reviewed brokers using the InvestorTrip comparison tool.

Continue researching

Open related InvestorTrip pages before treating this topic as a final decision.

FAQ

Does a demo account show the same prices as a live account?

Not necessarily. Demo feeds and simulated execution can differ from live conditions, and slippage is often absent in demos. Ask the broker directly how its demo pricing is generated and treat the answer as part of your research record.

Do demo accounts expire?

Many brokers set time limits or inactivity rules on demo accounts, and these terms change. Check the current demo conditions on the broker's own website when you sign up rather than relying on older summaries.

Can demo results predict my live trading performance?

No. Demo trading removes real financial and emotional pressure and usually simplifies execution. Use it to learn the platform and rehearse your process, then start any live trading with sizes you can afford to lose while you compare live conditions with what you saw in the demo.