Take a first step to become a smarter trader – watch the video and learn how to set up your OANDA demo account to practice and explore various trading techniques.
Getting started with an OANDA demo account
You can easily set up a free demo account with OANDA that can be accessed through a variety of trading platforms. Watch the video with Nick Syiek (aka TraderNick) to learn the step-by-step process of creating and accessing your demo account, from the initial application to making your first simulated trade.
Opening an OANDA demo account in practice
Visit the OANDA website and click on the “Try demo account” button or navigate straight to https://hub.oanda.com/apply/demo to open a demo account.
- Apply for a free account: Complete the initial application process to register your free OANDA account, which acts as your access point.
- Demo account for live clients: You can switch between live trading and demo account environments as you need.
- Navigate accounts using the OANDA Hub: Once logged in, use the hub to manage your accounts.
- Create new subaccounts: Use separate demo accounts with different base currencies to practice and test various trading strategies.
- Access demo accounts from MetaTrader: Determine the server name to use and manage credentials.
Trade smarter with our how-to videos
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This article is for general information purposes only, not to be considered a recommendation or financial advice. Past performance is not indicative of future results. It is not investment advice or a solution to buy or sell instruments.
Opinions are the authors; not necessarily those of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors.
Leveraged trading in foreign currency contracts or other off-exchange products on margin carries a high level of risk and is not suitable for everyone. We advise you to carefully consider whether trading is appropriate for you in light of your personal circumstances. You may lose more than you invest. We recommend that you seek independent financial advice and ensure you fully understand the risks involved before trading. Trading through an online platform carries additional risks. Losses can exceed deposits.
