Global Broker Regulation Inquiry App
WikiFX
J Forex Trader 
1-2 years
What is the minimum deposit required for a demo account at UCMarkets?
Broker Issues
Deposit
Withdrawal
07-16
United States
WikiFX
Reply
The minimum deposit required for a demo account at UCMarkets is the same as the minimum deposit for live accounts—$100. This is unusual since many brokers offer free demo accounts with no deposit required, but I believe UCMarkets' approach allows me to better simulate real trading conditions. I see this as an opportunity to get familiar with the platform before committing real money. However, for traders just looking to practice without financial risk, I would prefer to see a completely free demo account with no deposit required.
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