Plus500 Demo Account EXPOSED: The Risk-Free Trading Hack Every Beginner Needs to know.

Dangelo Runte | August 15, 2025 | 0 | Trading

What is Plus500?

Plus500 is a well-known online trading platform that allows users to trade Contracts for Difference (CFDs) across various asset classes, including forex, stocks, indices, commodities, and cryptocurrencies. Founded in 2008 and regulated in multiple countries, Plus500 is trusted for its simple interface, broad instrument selection, and strong regulatory oversight.

Overview of the Plus500 Demo Account

The Plus500 demo account is a risk-free practice environment that gives traders virtual funds to test the platform and learn how trading works. It mirrors the real trading environment in terms of pricing, charts, and tools, but without the risk of losing real money.

Learn more about Plus500 practice account here.

Why the Demo Account is Popular Among Traders

Traders love it because it offers the full live experience without any risk. Beginners can learn the basics, and professionals can test new strategies without putting capital at stake. Plus500 offers an unlimited demo mode — you can use it for as long as you like.

Key Benefits for Beginners and Professionals

• Learn without risking money
• Try every feature of the platform risk-free
• Perfect for testing new strategies before going live
• Builds confidence before real-money trading

How the Plus500 Demo Account Works

Virtual Funds and Initial Balance

When you open a Plus500 demo account, you get virtual funds (usually around $40,000) to trade with. You can reset this balance anytime if it runs out.

Access to Live Market Data

The demo account provides real-time market prices, spreads, and volatility identical to the live platform.

How Demo Trading Differs from Real Trading

The biggest difference is psychological — in demo mode, there’s no emotional pressure because no real money is at stake. Otherwise, the execution speed, spreads, and available features are nearly identical.

Limitations of the Demo Account

• No actual profits or losses
• Lacks the emotional aspect of real trading
• Certain live features, like withdrawals, don’t apply

Setting Up Your Plus500 Demo Account

Step-by-Step Sign-Up Process

1. Go to the official Plus500 website
2. Click “Start Trading Now”
3. Select “Demo Mode”
4. Sign up with your email, Google account, or Apple ID
5. Start trading instantly

Choosing Between WebTrader and Mobile App

• WebTrader: Best for desktop users, no download needed
• Mobile App: Available on iOS and Android for trading anywhere

Navigating the Platform for the First Time

The Plus500 interface is user-friendly. You’ll find:

• Market watchlists
• Charting tools and indicators
• Order placement section
• Account balance display

Adjusting Settings for Personalized Trading

You can customize:

• Chart types (candlestick, line, bar)
• Preferred account currency
• Notifications for price alerts

Key Features of the Plus500 Demo Account

Real-Time Market Quotes

Access accurate prices across all instruments in real time.

Access to a Wide Range of Instruments

Trade CFDs on:

• Forex
• Stocks
• Indices
• Commodities
• ETFs
• Cryptocurrencies

Risk-Free Trading Environment

Practice without any financial risk — and reset your balance if needed.

No Expiry Period – Unlimited Use

You can keep using the demo account indefinitely.

Learn how to use Plus500 demo account here.

Benefits of Using the Plus500 Demo Account Before Going Live

Learning Market Fundamentals

Understand spreads, leverage, margin, and order types without risk.

Understanding Platform Features

Learn to:

• Place buy and sell orders
• Set stop losses and take profits
• Use advanced order types

Testing Different Trading Strategies

Experiment with:

• Day trading
• Swing trading
• Scalping
• Long-term investing

Building Confidence Without Risk

The more you practice, the more prepared you’ll be for live trading.

Trading Instruments Available in the Plus500 Demo Account

Forex Pairs

From popular majors like EUR/USD to exotic pairs like USD/TRY.

Global Stocks

Trade shares of big companies such as Tesla, Apple, and Amazon.

Commodities and Metals

Gold, silver, oil, and more.

Indices

Access global indices like NASDAQ, S&P 500, and FTSE 100.

Cryptocurrencies

Bitcoin, Ethereum, and other major coins.

Practicing Trading Strategies on the Demo Account

Day Trading Strategies

Open and close trades within the same day.

Swing Trading Strategies

Hold trades for several days to capture medium-term moves.

Scalping Strategies

Take quick trades for small profits.

Position Trading Strategies

Hold trades for weeks or even months.

News-Based Trading Strategies

Trade based on market-moving economic events.

Comparing the Demo and Live Plus500 Accounts

Funding and Withdrawals

Demo accounts use virtual funds only. Live accounts require real deposits and allow withdrawals.

Emotional Factors in Real Trading

Live trading involves emotional pressure, which is absent in demo mode.

Execution Speed and Slippage

Nearly identical in both modes.

Spread and Commission Differences

Small variations may occur during high-volatility events in live accounts.

Common Mistakes Traders Make in the Plus500 Demo Account

Treating Demo Trading Like a Game

To benefit, you must take demo trading seriously.

Overleveraging Without Real Risk

Using maximum leverage in demo mode can lead to bad habits.

Ignoring Risk Management Rules

Skipping stop losses in demo trading can hurt your performance when you go live.

Unrealistic Profit Expectations

Demo profits do not guarantee live success.

Tips to Make the Most of Your Plus500 Demo Account

Setting Trading Goals

Decide whether you’re practicing skills, testing strategies, or both.

Using a Trading Journal

Record your trades and review them regularly.

Replicating Real Trading Conditions

Trade with the same risk level you would in a live account.

Knowing When to Switch to Live Trading

Move to live trading once you’re consistently profitable and disciplined.

Understanding Plus500 Trading Tools in Demo Mode

Price Alerts

Get notified when assets reach your target price.

Technical Indicators and Charts

Use tools like moving averages, RSI, MACD, and Bollinger Bands.

Stop Loss, Take Profit, and Trailing Stops

Manage risk automatically.

Economic Calendar and Market News

Stay informed about events that may impact the markets.

Transitioning from Demo to Live Plus500 Account

Knowing When You’re Ready to Go Live

Aim for 1–3 months of consistent demo results before switching.

Funding Your Account Safely

Deposit through secure payment options like bank transfers or PayPal.

Avoiding Common Pitfalls in Early Live Trading

Start with small trade sizes.

Keeping a Balanced Mindset

Avoid emotional decision-making.

Advantages and Disadvantages of the Plus500 Demo Account

Major Advantages

• Unlimited access
• Full feature range
• No cost

Possible Drawbacks

• No real profits
• No emotional challenge

Who It’s Best For

All traders — from beginners to professionals can use Plus500 practicing account.

Regulatory and Safety Aspects of Plus500

Regulation and Licensing

Regulated by:

• FCA (UK)
• ASIC (Australia)
• CySEC (Cyprus)
• FMA (New Zealand)

Data Protection Measures

Strong encryption and secure servers.

Safe Use of the Demo Account

No personal financial details required for demo trading.

Alternatives to the Plus500 Demo Account

• eToro – Social trading features
• IG Trading – Advanced charting tools
• XM Broker – Low spreads
• AvaTrade – Beginner-friendly
• Interactive Brokers – Professional-grade platform

FAQs About the Plus500 Demo Account

Is the Plus500 demo account free?

Yes, it’s completely free and comes with virtual funds for unlimited use.

Does the Plus500 demo account expire?

No, you can use it as long as you want.

Can I reset my Plus500 demo account balance?

Yes, you can reset your balance anytime.

How do I switch between demo and live accounts on Plus500?

You can toggle between them with a single click inside the platform.

Conclusion

Why Every Trader Should Start with a Demo Account

It’s the safest way to build skills without financial risk.

Key Takeaways from Using Plus500’s Demo

Use it to learn the platform, practice strategies, and gain confidence.

Final Thoughts on Becoming a Confident Trader

Practice in demo mode, then transition carefully to live trading.