Most established Forex brokers will let you open a demo (practice) account. One way to practice trading without risking money is to use a trading simulator or demo account.Many online brokerages and trading platforms offer these tools. Our trading simulator allows you to practice trading and learn the essentials along the way. Ideal for beginners, it's free and there's no login required. BEN Risk free demo trading, paper trading, trading simulator. FXOpen Demo free trading account for demo forex, stocks, crypto API and SandBox environment. TradeStation: TradeStation offers a paper trading platform that allows you to practice options trading without risking any real money. Create a BetterTrader account you automatically get login credentials for a free and unlimited practice account. Stock market simulators allow new traders to practice trading with virtual money (also known as paper trading).