Demo accounts let you test a broker without risking real money. XM offers demo accounts with $100,000 virtual balance that expire after 90 days of inactivity. Exness provides demo accounts with customizable virtual balance (up to $10,000,000) that never expire. Both support MT4 and MT5 demo environments with real market data. Exness's unlimited demo validity is a significant advantage for long-term practice. XM's demo closely mirrors their live environment, and the $30 real bonus provides a natural upgrade from demo. For realistic practice, Exness demos are slightly more representative of live conditions.

For the full analysis, see our related comparison.

For the overall picture, check our complete XM vs Exness comparison, which covers regulation, spreads, platforms, and deposits in one place. Also see our beginner's guide if you are just starting out.

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Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74–89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. This website contains affiliate links — if you sign up through our links, we may receive a commission at no extra cost to you.