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Disclaimer: Please note that Bybit Gold & FX has been renamed to Bybit TradFi as of June 2025. Bybit TradFi is powered by Infra Capital (Mauritius FSC licensed).
Want to master trading cryptocurrencies, forex and CFDs (metal, oil and indices) without risking your own capital? Bybit's MT5 demo trading platform provides a simulated environment in which users can practice trading strategies, test automated systems and gain hands-on experience with professional trading tools.
In this guide, we'll explain what an MT5 demo account is, how it works and its key benefits, and provide step-by-step instructions for setting up your own demo account. We'll also help you decide if creating a demo account is right for your trading journey.
Key Takeaways:
An MT5 demo account is a risk-free trading environment that simulates live market trading on MetaTrader 5.
It lets traders use virtual funds to practice trading crypto, forex and CFDs while accessing all platform features and tools.
Explore in this article how to get started with an MT5 demo account. Note that only a verified Bybit Main Account holder can open a Bybit MT5 Account.