Welcome to your guide to the Tradovate demo account! Here's what you need to know: the Tradovate demo is a completely free, risk-free practice platform that gives you 14 days of access to live market data. You can practice trading futures contracts without using any real money. In this article, we'll show you how to set up your demo account and make the most of your trial. You'll learn everything from basic navigation to testing advanced strategies, building your confidence through risk-free practice with real market data before trading with actual money.
This section explains what the demo account is and what you can expect to get from it. It's a quick overview to help you decide if it meets your practice needs.
Think of the Tradovate demo account as your personal practice space. It gives you a safe environment to learn how the Tradovate platform works, try different trading strategies, and build confidence before real trading. The best part is you can practice without pressure. You can experiment, make mistakes, and learn from them without losing any money, which is super important for becoming a better trader.
Here are the main features you get with your free trial:
The Tradovate demo account works for traders at all levels:
This section gives you clear steps to get started, making it easy to sign up and begin practicing right away.
First, go to the official Tradovate website. On the homepage, look for a button that says "Free Trial" or "Try a Free Demo." Click this to go to the registration form.
Next, you'll need to provide some basic information. The form usually asks for your first name, last name, email address, and phone number. Don't worry - no credit card or payment information is needed for the demo account.
After submitting the form, you'll get a verification email right away. Open this email and click the verification link. This will confirm your email address and take you to a page where you can create a password for your new Tradovate account.
Once your password is set, you can start right away. You can use the Tradovate web platform directly in your browser or download the desktop app. Use the email and password you just created to log in. You'll enter the simulation environment, ready to explore.
Pro-Tip: Bookmark the login page and save your login information in a password manager. This gives you quick access to the platform throughout your 14-day trial, saving time so you can jump right into practicing.
This part helps you get comfortable with the platform, making it less intimidating. It's a practical walkthrough that helps you start using the platform effectively from day one.
When you first log in, you'll see a default layout. Let's customize it to create a good workspace.
Action 1: Choose a Market. First, decide which futures product you want to trade. Use the symbol search module, usually labeled "Quotes" or found with a search icon. For beginners, we recommend starting with a market that has high liquidity and predictable behavior, like the Micro E-mini S&P 500 (ticker: MES) or the E-mini S&P 500 (ticker: ES).
Action 2: Configure Your Chart. With a market selected, a chart will appear. Let's do some basic setup:
Action 3: Arrange Your Modules. Tradovate's interface is modular. You can add, remove, and resize windows. Try dragging the DOM (Depth of Market) module next to your chart. You might also add the T&S (Time & Sales) window to see order flow. Arranging these modules how you like creates an efficient workflow.
Now for the fun part. Let's walk through placing a practice trade step by step.
Once your trade is active, you can watch its real-time P/L (Profit/Loss) update in the Positions module. To close the trade, you can either let your profit target or stop-loss get hit, or you can manually close it. Look for an "X" or a "Flatten" button next to your position. Clicking this will send a market order to exit your trade right away.
This section helps you understand the differences between practice and real trading, which can prevent costly mistakes later on.
The differences between demo and live trading are important. This table breaks them down clearly.
Feature | Tradovate Demo Account | Tradovate Live Account |
---|---|---|
Psychological Pressure | None. No real money at risk. | Extreme. Fear and greed are powerful factors. |
Order Fills | Perfect/Instantaneous. No slippage on market orders. | Variable. Slippage can and will occur, especially in volatile markets. |
Data Feed | Live, non-filtered data. | Live, non-filtered data (but your execution depends on it). |
Capital | Fictional & Forgiving. You start with $50k and can't lose real money. | Real & Finite. Every loss is real. Risk management is paramount. |
Mindset | Experimental, prone to over-trading or unrealistic risk-taking. | Must be disciplined, patient, and risk-averse. |
The biggest difference is psychological. It's easy to hold a losing trade in a demo account because the money isn't real. It doesn't cause a real emotional response. In a live account, that same loss represents real money leaving your pocket, which can cause panic. This often leads to "panic-selling," where a trader exits their position at the worst moment, only to see the market move in their favor right after. Similarly, with a winning trade in a demo, you stay calm, but in a live account, the fear of losing profits can make you exit too early. Understanding this difference is the first step to overcoming it.
This section gives you advanced tips to get the most value from your 14-day trial. These expert-level tips go beyond the basics and help you practice with purpose.
If you're new to trading, your goal isn't to make a profit in the demo. Your goal is to build good habits.
If you already have trading experience, use the demo to test the platform's capabilities and how they fit your system.
This final section answers common questions about what happens when the demo period ends and guides you on your path forward.
After the 14-day period, your access to the simulation environment will expire. You won't be able to log in to the demo platform to place trades or view live market data. Your account credentials will remain, but they'll be for a non-funded, inactive account.
Tradovate's official policy is that the free trial lasts for 14 days. You usually can't reset the same demo account or extend the trial period. To continue practicing, you would typically need to register for a new trial, which may require using a different email address. This policy encourages traders to make the most of their initial two-week window.
If, after 14 days of dedicated practice, you feel confident and have decided that Tradovate is the right platform for you, the next step is to transition to a live account. The process involves completing a full application and funding the account with real money. After your two-week experience, you'll be well-prepared to take this next step in your trading journey, with a good understanding of the platform and the habits you've built.