Interactive Brokers Free Demo Account
Practise on an Interactive Brokers demo account with virtual funds before you deposit anything. Paper Trading.

SEC, FINRA, CFTC/NFA, FCA, ASIC, Central Bank of Ireland, CIRO, MAS, SFC and others-regulated forex and CFD broker with spreads from 0.1 pip and a $0 minimum deposit.
Founded 1978Greenwich, Connecticut, United StatesSEC, FINRA, CFTC/NFA, FCA, ASIC, Central Bank of Ireland, CIRO, MAS, SFC, others
Interactive Brokers does not have a promo code we have verified at the moment, and we do not publish codes we cannot confirm. The standing saving is the free demo account, which costs nothing and is the sensible first step. This page is updated whenever an offer changes, so it is the place to check before you open an account.
Practise on an Interactive Brokers demo account with virtual funds before you deposit anything. Paper Trading.
Interactive Brokers offers a free demo account (Paper Trading). It is the cheapest way to test the platform, spreads and execution before any promotion matters, because it costs nothing and does not commit you to a deposit.
Interactive Brokers is a forex and CFD broker founded in 1978 and headquartered in Greenwich, Connecticut, United States. It is regulated by SEC, FINRA, CFTC/NFA, FCA, ASIC, Central Bank of Ireland, CIRO, MAS, SFC and others, which is the first thing worth checking before any promotion, because a licence decides what protection your money has and what kind of offers the broker is even allowed to run. The operating company is Interactive Brokers LLC, part of Interactive Brokers Group, Inc..
Spreads start from 0.1 pip, with commission of Approx. $2 per side per $100,000 at minimum tier on the raw or commission-based accounts. The minimum deposit is $0. Leverage goes up to Up to 1:50 US retail spot FX; varies substantially by jurisdiction/product, which depends on the entity you sign up with and the rules of your regulator. Markets on offer cover forex, stocks, etfs, options, futures, bonds, funds, spot gold, warrants, structured products, cfds and more, around 2,000,000+ tradable securities/contracts globally instruments in total.
Trading runs on Trader Workstation, IBKR Desktop, IBKR GlobalTrader, IBKR Mobile, Client Portal. Account types include Individual, Joint, Trust, IRA, Family and 4 more. A free demo account is offered (Paper Trading), which is the cheapest way to test the platform before any promotion matters.
Deposits can be made by bank wire, ach, direct bank transfer, check and country-specific banking methods. Withdrawal fees: One free withdrawal per calendar month, then fees apply. Support is available 24 hours on business days by live chat, secure message, phone, help centre.
Because Interactive Brokers holds a licence from a regulator that restricts retail incentives, do not expect deposit bonuses or cash rewards under that entity. The offers you will usually find are the free demo account, occasional fee or commission promotions, and referral programmes, and any bonus that does appear will come from a different entity in the same group aimed at clients outside those rules.
| Feature | Details |
|---|---|
| Minimum deposit | $0 |
| Spread from | 0.1 pip |
| Average EUR/USD spread | Approx. 0.1-0.2 pips before commission |
| Commission | Approx. $2 per side per $100,000 at minimum tier |
| Maximum leverage | Up to 1:50 US retail spot FX; varies substantially by jurisdiction/product |
| Account types | Individual, Joint, Trust, IRA, Family, Advisor and 3 more |
| Platforms | Trader Workstation, IBKR Desktop, IBKR GlobalTrader, IBKR Mobile, Client Portal |
| Demo account | Yes, Paper Trading |
| Islamic account | No |
| Markets | Forex, Stocks, ETFs, Options, Futures, Bonds, Funds, Spot Gold, Warrants, Structured Products, CFDs and more |
| Deposit methods | Bank wire, ACH, direct bank transfer, check and country-specific banking methods |
| Withdrawal fee | One free withdrawal per calendar month, then fees apply |
Figures are the provider's published terms at the time of our last check and can change; the provider's own site is the final word.
FREE DEMO Free demo account
BONUS No deposit bonus · 2 offers
FREE DEMO Free demo account
FREE DEMO Free demo account
Not at the moment. Interactive Brokers is not running a promo code we have been able to verify. The free demo account is free and is the best current saving. When a code is issued it will appear here.
Yes. Interactive Brokers offers a free demo account (Paper Trading), which lets you test the platform with virtual funds before depositing.
Not as a rule. Interactive Brokers holds a licence from a regulator that restricts retail incentives, so do not expect deposit bonuses or cash rewards under that entity. The free demo and any fee promotions are the offers to look for.
The minimum deposit at Interactive Brokers is $0. It can differ by account type and by the entity you register with, so confirm it on the account page before funding.
Click "Show coupon code" on the card. The code is revealed and copied to your clipboard, and Interactive Brokers opens in a new tab. Register or sign in, and enter the code where the broker asks for a promo or partner code during registration or deposit. The discount shows in the total before you confirm.
Not always. Offers depend on the Interactive Brokers entity that serves your country, and brokers regulated in Australia, the UK and the EU are not allowed to give retail clients bonuses. Free demo accounts are generally available everywhere the broker accepts clients.
Trading forex, CFDs and other leveraged products involves significant risk and you can lose more than your initial deposit. FrugalFX provides general information only and does not provide investment advice. Offers are the provider's; check the terms on its site before relying on them.
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