All simulatorsBest for…CompareWhat changedMethodologyNewsletter

MetaTrader 4/5 Demo (via brokers): paper trading review & facts

platform (broker-hosted demo) · last verified 2026-10-17

MetaTrader is a platform (broker-hosted demo), covering depends on broker. Price: Free. Data: depends on broker.

Website
https://www.metatrader5.com
Markets
depends on broker
Asset classes
forex, CFDs
Market data
depends on broker
Price
Free
Account / signup
Demo opened in the terminal on a broker's server; no investment
Starting balance
Chosen when opening (deposit drop-down)
Reset
Open a new demo account
Replay
unknown
Platforms
desktop, mobile
Country availability
Unverified
Depends on the broker providing the demo server
Notable limits
Terms depend on broker server
Affiliate program
unknown (we do not currently earn from this listing)
Tags
globalforexcfd

FAQ

Is MetaTrader paper trading free?

Our dataset lists the price as: Free.

Does MetaTrader use real-time or delayed data?

depends on broker.

Do I need an account to paper trade on MetaTrader?

Demo opened in the terminal on a broker's server; no investment.

How much virtual money does MetaTrader give you?

Chosen when opening (deposit drop-down).

Can I reset my MetaTrader paper account?

Open a new demo account.

Listed in

Best for global marketsBest for forexBest for CFDsBest for free paper trading

Similar simulators

Plus500 DemoVantage App DemoIG Demo AccountTradingView Paper TradingInteractive Brokers Paper TradingeToro Virtual Portfolio

Sources

Information only, not financial advice. Simulated results do not predict real results. Features and availability change and vary by country; check the provider's site. Sponsored or affiliate links, if any, are labelled.