Opening a Demo Account

A Demo account is a replica of a live trading account that uses virtual funds and therefore does not require the use of any real money. Demo accounts are designed to help traders learn how to trade and develop skills and for all traders to practice or test trading strategies without financial risk.

Demo accounts are available for Standard and Pro trading accounts, using the same spreads and swap rates as the Live versions.

Axi Demo accounts are free to open and can be used for 30 days. If you then decide to open a free Live trading account, your Demo account will remain available to use alongside the Live account on an unlimited basis.

Opening a Demo trading account

To create a new free Axi Demo account, choose one of the two options below:

• Method 1: Apply for a Demo account directly via the Axi website. Please note: If you have an existing Live account with Axi, you might need to use the method below.
• Method 2: If you already have the MT4 platform installed on your PC, follow the steps below:
  • Open the MT4 trading terminal
  • From the main menu, click “File” then “Open an account”
  • Select the correct server: “Axi-US03-Demo", and click “Next”
  • Choose “New demo account,” and click “Next”
  • Add your details (name, email, phone number, account type)
  • Click the check box to finish

Once you have completed the application process you will be given a new set of Demo login details; the password will appear below your account number on the pop-up window after completing registration.

Please note: Once a Demo account is open, you cannot change the base account currency. To trade using a different base currency, you must open a new sub-account and choose the new currency during the setup process. Additional Demo sub-accounts are also free to open.

Can I open more than one Demo trading account at the same time?

Yes, you can open and trade with multiple Demo trading accounts simultaneously. However please note that Axi Demo accounts are free to open and can be used for 30 days if you do not have a Live and Funded Trading Account.