6 Best Demo Trading Accounts in Australia for 2026 Compared

Active Online Investors

1.36 million

Total number of active online investors in Australia as of May 2025.

eToro Virtual Portfolio

$100,000

The virtual balance provided by eToro for its demo account.

IG Markets Access

17,000+ markets

Total number of markets accessible through IG's demo account.

§ 01 Executive Snapshot

What: The article reviews the best demo trading accounts in Australia for 2026, highlighting features and benefits.
Who: Key platforms discussed include eToro, IG, Plus500, CMC Markets, Pepperstone, and OANDA.
Why it matters: The insights help new traders select suitable demo accounts to practice trading without financial risk, fostering informed investment decisions.

Australia had 1.36 million active online investors as of May 2025, with tens of thousands entering the market each year.
eToro offers a $100,000 virtual portfolio with no deposit required, allowing users to practice social trading.
IG provides access to over 17,000 markets, mirroring live trading conditions, with a demo account funded with approximately $10,000 virtual capital.

The growth of online trading in Australia has been significant, with a rising number of active investors seeking to engage in the market.
The availability of demo accounts allows new traders to gain experience and confidence before risking real money, reflecting a broader trend towards accessible trading education.

The competition among platforms to offer quality demo accounts may lead to enhanced features and user experiences, benefiting new traders.
As more investors enter the market, the demand for educational tools and resources will likely increase, influencing platform offerings and regulatory considerations.

Potential risks include the inability of demo accounts to replicate emotional pressures and market volatility experienced in real trading.
Regulatory compliance remains critical, as platforms must adhere to ASIC standards to ensure user safety and transparency.

The performance of demo accounts in attracting new users will be indicative of future trends in the online trading landscape.
Upcoming regulatory changes or enhancements in trading technology may influence the capabilities and offerings of demo accounts in Australia.

§ 07

What are the best demo trading accounts in Australia for 2026?

The best demo trading accounts include eToro, IG, Plus500, CMC Markets, Pepperstone, and OANDA.

Why are demo accounts important for new traders?

Demo accounts allow new traders to practice trading without financial risk, helping them gain experience and confidence before investing real money.

How does eToro's demo account work?

eToro offers a $100,000 virtual portfolio with no deposit required, enabling users to practice social trading.

Who regulates demo trading accounts in Australia?

Demo trading accounts in Australia must adhere to ASIC standards to ensure user safety and transparency.