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5 Best Crypto Exchanges for Demo Trading
Looking to practice crypto trading without the risk? After testing 50+ platforms this year, we’ve identified the five best crypto exchanges with demo accounts, plus expert insights to help you get started.
By:
Reviewed By:
Updated: Jun 4, 2025
Full demo trading for spot, futures, and options with live data and unlimited funds on all devices.
Mobile-first demo with 500+ markets, advanced tools, and real-time data for strategy testing.
Clean interface with spot and margin demo trading, live charts, and unlimited practice funds.
500x leverage, real-time data, and full-featured futures demo across desktop and mobile.
Practice spot and futures trading anonymously, with no KYC and live data on all platforms.
How Did FXEmpire Choose the Best Crypto Demo Accounts To Practice Trading?
Our evaluation of crypto exchanges is based on the following key criteria:
- Demo Account Availability: We prioritized platforms with built-in demo modes that don’t require a live deposit. These let beginners practice risk-free and give experienced traders a safe space to test strategies.
- Features in Demo Accounts: We checked for tools like real-time data, live order books, and full support for conditional orders to ensure users can practice with the tools they’ll use in live trading.
- User Interface: We favored intuitive platforms that mirror live trading. A realistic interface helps users build confidence and get familiar with the platform.
- Virtual Funds and Limits: We compared demo balances and usage limits, favoring platforms with unlimited funds and unrestricted access so users can practice freely without constraints.
- Educational Resources and Support: We looked for tutorials, help centers, and strong customer support since these are key to helping beginners understand the platform and trading basics.
- Beginner-Friendly Platforms: We considered how intuitive and accessible the platforms are, especially for first-time users. A smooth path from demo to live trading makes it easier to grow as a trader.
- Simulation Accuracy: We assessed how closely the demo mode reflected live market behavior. We looked at data accuracy, latency, slippage, and liquidity to ensure users get realistic practice and know what to expect.
- Mobile App Support: We tested each app’s demo mode and how well it matched the desktop experience. A seamless mobile setup gives users the flexibility to practice anytime.
Best Demo Trading Crypto Exchanges Comparison Table
| Exchange | Ranking | Taker/Maker | Available Crypto | Accepts Fiat | Payment Methods | KYC |
|---|---|---|---|---|---|---|
Bybit | 4.6 Read Review | 0.1% / 0.1% | 0 | No | +2 | Yes |
Binance | 4.6 Read Review | 0.1% / 0.1% | 396 | Yes | +1 | Yes |
Bitget | 4.3 Read Review | 0.1% / 0.1% | 697 | Yes | +2 | Yes |
MEXC | 4.2 Read Review | 0.01% / 0% | 0 | No | +3 | No |
Blofin | 3.8 Read Review | 0.6% / 0.6% | 0 | No | +8 | No |
Best Overall
- -Available Crypto
- Payment Methods
- FeesHigh
Why We Picked It
Bybit is a trading-focused exchange and one of the fastest-growing platforms in the industry. It is known for offering an advanced trading platform with deep liquidity and a wide range of instruments, including spot, futures, and options.
- Demo Trading for Spot, Futures & Options: Bybit offers fully featured demo trading across various instruments, allowing users to practice spot and complex derivatives trading. This makes Bybit a standout choice for users exploring different trading styles or instruments without risking real money.
- Practice on Desktop or Mobile: Bybit offers demo trading on both its desktop platform and mobile app, with interfaces identical to those of its live trading environment. This ensures a seamless transition for users from demo to live trading.
- Real-Time Data & Unlimited Funds: Bybit’s demo trading platform uses the same live data as live trading, with low latency and no delays. Users also access unlimited practice funds, enabling them to execute high-leverage strategies without the risk of losing money due to high volatility.
Pros and Cons
Pros
- Practice spot, futures, and options trading
- Uses real-time market data
- Unlimited demo funds for testing strategies
- Available on both desktop and mobile
Cons
- Not available in some regions, including the U.S. and U.K.
Best for Mobile Demo Trading
- 396Available Crypto
- Payment Methods
- FeesLow
Why We Picked It
Binance is the world’s largest crypto exchange by trading volume. It is known for offering a wide range of products, including trading, crypto purchases, P2P, staking, lending, and more. The mobile app is among the best in the industry, with a clean and intuitive design that helps beginners explore trading tools with ease.
- Seamless demo experience: The mobile interface is smooth and uncluttered. Users can practice trading and explore different tools without feeling overwhelmed.
- Advanced tools for practice: Even with its beginner-friendly layout, Binance gives access to advanced charting and order types such as limit, Iceberg, TWAP, and OCO. This allows users to try out various strategies using the same tools available in live trading.
- Wide market access: The demo platform includes over 500 markets. Users can practice strategies across major cryptocurrencies, altcoins, and memecoins without using real money. This makes it ideal for testing and refining different trading approaches.
Pros and Cons
Pros
- Practice futures trading
- Uses live market data
- Unlimited practice funds
- Available on mobile and desktop
Cons
- No demo trading for spot markets
- Not available in some regions, including the US and UK
Best for Spot Demo Trading
- 697Available Crypto
- Payment Methods
- FeesLow
Why We Picked It
Bitget is known for its strong copy and futures trading features. With a user-friendly layout and a growing global user base, it’s a popular choice for beginners. The demo platform is designed to help new users learn how to trade spot markets.
- Spot and Spot Margin Demo Trading: Bitget’s unified demo account supports spot, spot margin, and futures trading. Few exchanges offer this. It lets beginners practice without leverage, which is ideal for those just starting out.
- Beginner-Friendly Platform: The demo interface is clean and easy to use. Bitget also provides educational guides and tips to help users start trading.
- TradingView Charts and Live Data: The desktop platform uses TradingView charts with real-time data, just like the live platform. This gives users a realistic trading experience and makes it easy to move from demo to real trading.
Pros and Cons
Pros
- Practice spot, futures & options trading
- Live trading data
- Unlimited practice funds
- Trade on desktop or mobile
Cons
- No spot trading
- Lack of conditional orders like TWAP & Iceberg
Best for Futures Demo Trading
- -Available Crypto
- Payment Methods+1
- FeesLow
Why We Picked It
MEXC is a trading-focused exchange known for its low fees and wide selection of markets. It offers high leverage up to 500x and deep liquidity across more than 2500 spot and futures markets.
- Full Feature Platform with Live Data: MEXC’s demo trading platform mirrors the live version. It includes TradingView charts, real-time data, and various order types, making the shift from demo to live trading smooth and realistic.
- Up to 500x Leverage: Traders can test high-leverage strategies with up to 500x on selected pairs. This allows users to practice advanced strategies without financial risk.
- Desktop and Mobile Support: Demo trading is available on both desktop and mobile, making it easy to practice from anywhere. Ideal for users who want flexibility while learning.
Pros and Cons
Pros
- Practice futures trading
- Live trading data
- Unlimited practice funds
- Trade on desktop or mobile
Cons
- No dedicated Lite Mode
- Limited regulatory licensing
Best No-KYC Demo Trading
- -Available Crypto
- Payment Methods+6
- FeesLow
Why We Picked It
BloFin is a no-KYC exchange that provides a seamless trading experience for privacy-focused traders. It has quickly gained popularity for offering competitive trading fees, a comprehensive trading platform, and over 900 spot and futures markets.
- Anonymous Demo Trading: BloFin allows users to access demo trading without any identity verification, making it a hassle-free option for privacy-conscious traders who wish to test trading without providing personal information and undergoing identity checks.
- Spot & Futures Demo Trading: Supporting both spot and futures demo trading, BloFin caters to complete beginners eager to start spot trading, as well as intermediate traders looking to transition from spot trading to futures trading with leverage.
- Desktop & Mobile Support: BloFin offers demo trading on both its desktop and mobile platforms, providing users with greater flexibility to practice trading, whether they are at home or on the go.
Pros and Cons
Pros
- Practice spot & futures trading
- Live trading data
- Unlimited practice funds
- Trade on desktop or mobile
- No KYC required
Cons
- No dedicated Lite Mode
How to Choose the Best Crypto App For Demo Trading?
What Is Demo Trading in Crypto?
Demo trading is a mode that allows you to simulate real trades using virtual funds on the same trading interface. It is designed to enable both beginners and experienced traders to practice their trading strategies, explore various markets, and gain experience without the risk of losing real money.
How To Use a Crypto Demo Account?
Most leading exchanges provide some form of demo trading. Once you launch the demo trading platform, you will receive virtual funds, usually USDT, and can begin trading with the virtual funds in exactly the same way you would with real money.
Why Should You Use Demo Trading Before Going Live?
We strongly recommend that traders begin with demo trading before depositing and trading with real money. This is a zero-risk way to learn the basics of trading, become familiar with the interface, and experiment with different trading strategies.
Demo trading can help beginners grasp essential skills and understand the emotional aspects of trading. It is just as important for experienced traders, as it provides an opportunity to experiment and fine-tune different strategies without risking real money.
What Are the Benefits of Demo Trading for Beginners and Experienced Traders?
For Beginners: It provides a safe environment to practice, make mistakes, and learn the basics without risking real money.
For Experienced Traders: It acts as a sandbox for users to test different strategies, refine their setup, and experiment with leveraged trading without losing real money.
What Are the Limitations of Demo Trading?
The main downside of demo trading is that it cannot replicate the emotional pressure of trading, such as greed and FOMO (fear of missing out). Additionally, some demo trading platforms also use instant execution, which means trades are filled faster or at better prices than they would be in live trading. This does not simulate slippage, liquidity issues, or partial fills.
When Should You Move From Demo Trading to a Real Account?
We recommend using demo trading until you have perfected your trading strategy and can consistently make good decisions and winning trades. Even when transitioning to live trading, we suggest starting with small amounts and only depositing amounts you would be comfortable losing.
The key is not only to be profitable but also to maintain the discipline to stick to your trading strategy without panic trading. From there, you can increase your trade sizes as you gain experience and become more at ease with trading real money.
FAQ
Can I Practice Margin Trading For Futures In A Demo Account?
Yes, you can practice futures trading with margin in a demo account on platforms like Binance or Bybit. It lets you test strategies using virtual funds without risking real money.
Is Crypto Demo Trading Free?
Yes, crypto demo trading is completely free and does not require any deposits or real crypto.
Can I Practice Crypto Trading Without Real Money?
Yes, demo accounts use virtual funds, so you can trade and test strategies without risking actual money.
What Is The Best Platform For Demo Trading?
Bybit is one of the best platforms for demo trading because it supports both spot and futures with real-time data and advanced tools that simulate live conditions.
Is It Safe To Use Crypto Exchanges For Demo Trading?
Yes, demo trading is safe when done on a reputable exchange. It is fully separate from your live account and does not involve real funds.
Can I Demo Trade On Mobile?
Yes, most major crypto exchanges offer mobile apps that support demo trading. These apps usually offer the same interface and features as the desktop version.
What Is The Difference Between Demo Trading, Paper Trading, And Mock Trading?
These terms are often used interchangeably. Demo trading typically uses live market data on an exchange, while paper trading is done manually or through third-party platforms like TradingView.
About the Author
Shennon Hewaauthor
Shennon Hewa is a crypto trader and crypto journalist based in London. Active in the crypto space since 2017, he specializes in scalping, derivatives day trading, and swing trading. At FXEmpire, he has reviewed dozens of crypto exchanges and has extensive knowledge of platform strengths and weaknesses.
Why you can trust FX Empire
At FXEmpire, we strive to provide unbiased, thorough, and accurate exchange reviews by industry experts to help our users make smarter financial decisions.
Why you can trust FX Empire
Table of Contents
- List Of Top Crypto Demo Trading Platforms
- How Did FXEmpire Choose the Best Crypto Demo Accounts To Practice Trading?
- Best Demo Trading Crypto Exchanges Comparison Table
- Best Overall
- Best for Mobile Demo Trading
- Best for Spot Demo Trading
- Best for Futures Demo Trading
- Best No-KYC Demo Trading
- How to Choose the Best Crypto App For Demo Trading?
- FAQ