# Demo trading

> Practice on live markets with demo money, switch between Demo and Live, and request a demo top-up.

Demo mode lets you practice with simulated money on the same markets you see in Doxa. Nothing in demo mode touches your real balance.

## What demo mode is

- Orders, positions and profit or loss are simulated. Nothing is really bought or sold on any venue.
- Prices, order books and settlement come from the real markets.
- You trade with a separate demo balance. It is not your real balance.

## Switch between Demo and Live

Use the **Live** / **Demo** toggle in the header, or the **Live** / **Demo** control on your [portfolio](/portfolio/) card. On smaller screens the same control is in your wallet and profile menus, labelled **Real** / **Demo**.

1. Choose **Demo**.
2. The first time, a dialog titled **Practice with demo money** explains how it works. Press **Start demo mode**.
3. To go back, choose **Live** (or **Real**) in the same control, or press **Switch to real** in the banner at the top of the page.

While you are in demo mode a banner reads "DEMO MODE — you're trading with practice money", and your portfolio is titled **Demo Portfolio**.

The switch is disabled while you are in the middle of an order. The tooltip says "Finish your in-progress order first".

Your choice is remembered on the device you use.

## Trading in demo mode

Demo mode uses the same trade panel as live trading. You can place market and limit orders, buy and sell, and cancel open orders. See [Placing orders](/trading/placing-orders/).

- Market orders fill against the current order book. The **Max slippage** setting is recorded, but it does not limit a demo fill.
- Limit prices follow the same range as live orders, 1¢ to 99.9¢.
- When a market resolves, your demo positions settle at the real outcome.
- Your demo positions, open orders and history appear in your [portfolio](/portfolio/) while you are in demo mode.

## What is different in demo mode

- **Deposits and withdrawals** are not available. Demo money cannot be deposited or withdrawn.
- **PNL calendar and chart** are not tracked. They show "Not tracked in demo mode".
- **PNL, Winrate, Transactions and Volume** stats show a dash.
- **Cashback** is not tracked.
- **Stop loss and take profit** are for live positions only. See [Stop loss and take profit](/trading/stop-loss-take-profit/).
- **Multi-bet** is for live trading only. See [Multi-bet](/trading/multi-bet/).

## Top up your demo balance

You can ask for more demo money at any time, whatever your balance.

1. Switch to demo mode.
2. Press **Top Up Demo Balance** in the header (the balance pill shows **Top Up**), or open the **Rewards** page and find **Top up your demo balance**.
3. Follow Doxa on X, leave three real comments, and paste the links: your X profile link and the links to your three comments.
4. Accept the latest Terms of Service if you have not yet.
5. Press **Request $200 Demo Funds**.

After a quick review, Doxa adds $200 of demo funds. No real money is involved.

The request card shows where you stand:

- **Request sent … — waiting for review.** While a request is pending, the header button reads **Request pending** (the balance pill reads **Pending**) and is disabled.
- **Approved … — $200 of demo funds were added to your balance.**
- **Not approved**, with a note when the reviewer left one. You can send a new request.

See [Rewards and referrals](/features/rewards-and-referrals/) for the Rewards page.

## Demo quests

In demo mode the quests panel on the **Rewards** page shows seven practice quests. They track automatically as you trade:

- Place 20 demo trades.
- Trade 5 different markets.
- Open positions in 3 categories.
- Close 3 trades in profit.
- Grow your demo balance by 10%.
- Trade on 2 venues.
- Trade 3 days in a row.

Demo quests show progress and a completed date. They carry no reward of their own.

## Related pages

- [Placing orders](/trading/placing-orders/)
- [Portfolio](/portfolio/)
- [Settlement and payouts](/settlement-and-payouts/)