The Quotex demo account gives you $10,000 in virtual money on the same trading screen as a live account. It costs nothing, needs no deposit and no documents, and it is the single most useful thing a beginner can do before putting real money on the line. This guide covers how to open it, how to switch between demo and live, how to refill the balance, and how to practise in a way that actually teaches you something.
What the Quotex demo account is
A demo account is a practice balance attached to your normal Quotex profile. Prices, charts, indicators, assets and payout percentages are the same ones you would see on a live account. The only difference is that the money is not real: wins do not pay out and losses cost nothing.
| Feature | Demo account | Live account |
|---|---|---|
| Balance | $10,000 virtual | Your own deposit |
| Cost | Free | Minimum deposit $5 |
| Documents needed | None | Verification before first withdrawal |
| Charts and indicators | Same as live | Same as demo |
| Withdrawals | Not possible | Yes, back to your deposit method |
How to open a Quotex demo account
- Go to the Quotex sign-up page and enter your email address and a password.
- Choose your account currency. Pick the one you would deposit in later, because changing it afterwards is not always possible.
- Accept the terms and confirm you are over 18.
- Once you are inside, the platform opens on the demo balance with $10,000 already credited.
That is the whole process. There is no deposit and no identity check for the demo. If you already have an account, you simply log in and switch to the demo balance.
Switching between demo and live
Your account holds both balances at once. The balance display at the top of the trading screen shows which one is active, and clicking it lets you switch between the demo and the live account. Always check which balance is selected before you place a trade. A surprising number of beginners place their first real trade thinking they are still on demo, or the opposite.
How to refill the demo balance
If you lose the virtual $10,000, or want to restart a test from a clean number, the demo balance can usually be topped back up from the balance menu on the trading screen. There is no charge for this. If the option is not visible on your version of the platform, support can reset it.
One practical tip: reset the balance at the start of every practice period, such as every week, and write the starting number down. That turns the demo into a measurable test instead of an endless stream of trades you cannot evaluate.
How to practise properly on the demo
Most people use the demo like a game: big trade sizes, random assets, no record. That teaches nothing useful. Treat it as if the money were real.
- Trade the same size you would trade with real money. If you would deposit $50, practise with $1 to $2 per trade, not $1,000.
- Pick two or three assets and learn how they behave rather than jumping between dozens.
- Write down every trade: asset, direction, expiry, amount and the reason you took it.
- After at least 50 trades, check your win rate against the payout percentage. The step-by-step trading guide explains the break-even maths.
- Learn what every part of the screen does first. Our trading screen walkthrough covers each panel.
What the demo account cannot teach you
The demo is excellent for learning the platform. It is weak at teaching discipline. Losing virtual money does not feel like losing your own, so people take trades on demo they would never take live, and they tend to stay calm on demo and panic live. Good demo results are a starting point, not proof that you will make money. Most retail traders lose money once real funds are involved.
The demo also cannot show you how withdrawals and verification work for your country and payment method. If you move to a live account, start with the $5 minimum, read our guides on deposit methods and withdrawal times, and do a small test withdrawal early.
When to move to a real account
There is no fixed rule, but a sensible minimum is a written record of at least a few weeks of demo trades, at realistic trade sizes, with a win rate comfortably above the break-even point for the payouts you trade. If you cannot show that on paper, real money will not make it better.