Real dynamic spreads, real ticks, natural feeling of the market. Automatically download and update tick data with the maximum speed possible from a number of servers simultaneously.

More data sets coming soon! Synchronized time between any number of charts you open. Draw on all charts at once or rename a chart to draw exclusively on it. Open any number of time frames of any ticker. Automatically synchronized time between all of them. Flexible settings to display orders and drawings depending on a time frame. Just drag a chart to any of your screens to start exercising on multiple monitors at once.

Organize charts and other windows in a way you like. Use Compact Mode to minimize the amount of unused blank space on the screen. Save and load layouts or even transfer them to your other computers. Draw on all charts at once or rename charts to draw exclusively on them. Limit any of chart objects to a set of time frames. Don't ever lose your drawings again because they are saved independently of charts you open or close. Automatically delete all your "future" drawings when rewinding your simulations to make them more realistic.

Use wildcards like M or H to select all minute-based or hour-based time frames. This way you can easily show or hide any object or indicator on higher or lower time frames at once without the need to select all of them one-by-one.

M2, H3, second-based, tick-based, range-based. Create and delete them with a single click, all charts will be built automatically in background for all tickers at once. Update orders directly on the chart with instant execution. No need to go through dialogs or touch the keyboard. Choose between a number of built-in chart cursors or request a custom new one whenever you need it.

Undo any changes to the chart you made including deleting and moving objects. Reopen closed charts and never miss any of your drawings because they are stored inside simulation files, not on the charts.

Easily share compact simulation files with all your trades and drawings with others, including chart layouts. Automatically stick any drawing to the closest OHLC price of the bar chart. Edit magnet strength in application settings. Easily clone or draw again any object with a menu or a single mouse click.

It automatically copies all settings of the current object. And, whenever you change any of the object properties, your changes will be reused when you draw next objects of the same type. Earn experience faster by trading typical trading setups. Lessons with detailed information and over 50, exercises for each of them enable you to quickly master intuition skills and setting orders at the right prices at the right times, with correct SL and TP levels.

I highly recommend Daniel Kahneman books to understand and avoid common decision-making mistakes. The complete set of popular indicators. Over 30 most popular indicators with a variety of settings and options. Automatic MT4 indicator converter is ready! Automatic MT4 EA converter is ready! Develop any indicators you like.

C is great not only as a product development language. Its flexibility enabled me to create simple indicator templates which you can easily extend to create indicators of any type with the highest speed possible. A number of settings to make your trading as effective and comfortable as possible.

Change virtually anything or ask for a custom option if you need it. Create any types of orders with a single mouse click. Enter order sizes, SL and TP levels, send limit or stop orders in a single click!

Assign shortucts for almost every command in the application. Make it much faster and easier to learn and exercise. Everything you need to measure your profitability and optimize your trading systems. A number of report types, including HTML, CSV and Excel, charts and tables. Virtually any calculations you will ever need. Track your personal learning progress day-by-day. How much screen time you have already earned, how much time and money have you actually saved.

Easily edit the report template to add virtually any stats you need. You can also create custom timeframe charts, like minute chart or 2-day chart.

All charts are synchronized and updated tick-by-tick. You have access to current economic news releases at any time during the simulation. You can display them on your charts as well. Economic calendar is downloaded from Forex Factory and contains events starting from Other news providers may be available in the future. News can filtered by their importance and by currencies, so you can easily display events that really affect your trading. Since this trading simulator is an add-on for Metatrader 4, it allows you to use all built-in MT4 indicators as well as many custom ones.

You can also use MT4 templates to prepare your charts quickly. We cannot guarantee that all non-standard indicators will work fine with Forex Simulator, but there is a good chance that many of them will. Please use our free demo to test your favourite indicators before purchasing our simulation software.

The difference between these modes can easily be seen on daily charts. GMT charts will render 6 days in a week, including Sunday bar. New York Close charts will render only 5 days in a week. Also, all daily bars will look a bit different as time is shifted by a few hours. Many traders believe that New York Close charts are essential in trading Forex. The importance of NY Close charts is better described in Nial Fuller's article. The simulation can be saved to a file and loaded at a later time. All your trades, pending orders, stop losses, take profits, trailing stops and other settings will be restored.

You can pause and resume the simulation whenever you like. You can speed it up and slow it down. You can also step forward candle-by-candle on any chart you like, including tick, renko and range charts.

Every chart is now equipped with a button which lets you move back bar by bar. All your trades, pending orders, stop losses, take profits, trailing stops, account details and even statistics will be restored. If you miss the opportunity or you simply increase the speed too much, it is not a problem. The simulation can be rewound by a minute, an hour, a day or by any other timeframe you choose. The simulator lets you use either lot-based position sizing or risk-based position sizing.

Risk-based position sizing requires setting a stop loss to work properly. Moreover, you can use order templates to work faster and avoid repeating the same steps. A template can be used to save your trade management settings and load them at any time. Forex Simulator lets you place pending orders, stop losses and take profits by simply dragging lines on the chart. You can also modify existing orders in the same way.

With Soft4FX simulator you can save the history of your trading as an HTML report. It is formatted in exactly the same way as Metatrader account statements, so it is very easy to import it to any third-party tool for further analysis. An example of such tool is Quant Analyzer. It offers quite a lot of useful statistics and features, even in a free version. It is possible to save your trading history as an Excel sheet, allowing you to study and analyze it in more depth.

You can access your current statistics at any time during the simulation, not only after it ends. Hotkeys work only in the main window of the simulator, so this window must be currently active must be the last clicked window. Updates are free. All you have to do is to download and install a new version.

Your activation code will still work with new versions. There is no special procedure of updating. You can install the new version in the same way as you installed the program for the first time. Current version is: 1. The simulator is not a standalone application. It is an add-on for Metatrader 4, so you need to have Metatrader 4 platform installed in your system.

To become a successful trader, you need to be able to analyse the market and follow a reliable trading strategy. But where to start? And how can you test your strategies before you put real money at risk? This is the role of trading simulators. Whether you're trading Forex, the stock market, commodities or cryptocurrencies, practice is the key to success. And the best way to start practicing trading the markets is with a Forex or stock market simulator.

In fact, you can sign up now to try our free trading simulator today! Choose the best simulator software, how to use the daytrading simulator, how to use the Forex strategy tester, and much more! We all know that practice makes perfect, and have all heard about spending 10, hours to master a skill.

Trading is no different, and the number of hours a trader puts in is what distinguishes Forex beginners from trading professionals. This makes practice even more important than theoretical knowledge. The good news is that an online stock market simulator can help you do that. You don't want to lose money while getting the practice you need, and using simulation software on a demo account allows you to learn the ropes and avoid putting your hard-earned money at risk.

In this article we will look at what a trading simulator is, the benefits of using a Forex trade simulator and online stock market simulation, a comparison of the different types of simulators, how to choose the best simulator software and more.

A Forex or stock market simulator is a piece of software that "simulates" real market conditions. This allows traders to trade and practice their strategies with virtual money before testing their skills on the live market.

Some simulators use a simple algorithm to mimic broader market activity, while others are trading platforms that reflect live market data, which offer a far more realistic market experience. Most stock market simulators offer a virtual balance of anywhere from 5, euros to , euros. From there, traders can trade on a range of financial markets, including stocks, bonds, Forex, commodities, indices and cryptocurrencies.

Often, simulators are named after the instrument they allow you to trade, such as stock market simulators stocks , Forex simulators Forex , binary trading simulators binary options , and so on. Because of this, rather than focusing on the name, it's better to focus on the functionality of any trading simulator. The functionality of any trading simulator should be the same as any live trading account, including how to open, modify and close trades.

This includes the fees that would be charged on a live account, like commissions, spreads, swaps, and so on. Stock market fees can significantly affect the return on investment, so it is important to have them included in any free trade simulation account.

To start trading on one of the world's most popular free Forex simulators, click the banner below to open a demo account with Admirals! With so many labels floating around, it can be difficult to know what you're signing up for. In particular, it's easy to confuse demo accounts, which are simulators within a trading platform, with pure simulation platforms. To find the best trading simulator on the market, it's important to know the benefits and disadvantages of using one.

So what are the pros and cons of using a Forex or stock market simulator? The main disadvantage of using a free trading simulator is that it will never be a substitute for real trading experience. When trading with real money, there are a range of factors that will influence your investment decisions:. This leads traders especially new traders to make different decisions to what they would make if they were trading the live markets.

For example, we have found that in free trading contests, traders take disproportionate risks to obtain the best performance and win the prize.

Stock market simulators or demo accounts should not be used for this purpose, but to test investment strategies and new instruments. If you're ready to try a trading simulator to start practicing trading Forex or the stock market, there are a number of things to consider when choosing the best simulator software for you. The ideal platform to learn how to trade Forex and stocks online must provide you with market data so you can see market fluctuations. With real-time data, you can see how long trading opportunities remain available - if you are an intra-day trader, you can see the difference that leaving a position open for an extra day or two will make.

If you're a day trader or scalper, you can see the difference a few hours or even minutes could make. In a Forex or stock market simulator, you can also see how a certain trade will have performed if you made it in a real account, as the price movements in the simulator software are exactly the same as those in the market - the only difference is that you are trading with virtual money.

Simply, trading with live market data is the only way for you to progress and learn to trade. Otherwise, your trading decisions won't be based on how the live market behaves, and you could put in a lot of practice without improving your Forex trading skills.

Remember that the purpose of this software is to prepare you to earn real money, so the best trading simulators are ones that have real-time data feeds. Many free trading simulators offer virtual deposits of EUR 5, to EUR , While this might sound like a great opportunity to get a lot of trading practice, the truth is that unless you are planning to deposit those amounts in a live account, you won't be simulating real trading conditions.

Think about it - if you have EUR , on a demo account, you can make a lot of losing trades, and still have plenty of virtual money left on your account to continue practicing. However, if you then open a live account with a deposit of EUR 1,, you will need to manage that money much differently, because you have less to lose.

Unfortunately, because you were practicing with a much higher account balance, you wouldn't have learnt risk management, money management and trading strategies that are appropriate for the smaller balance you have in your live account.

This is why it is vital to start simulated trading with an amount that is close to your expected deposit amount once you decide to start trading in a live account. For example, if you plan to trade with EUR 10, euros, you have to start trading with a virtual capital of EUR 10, too. There is a range of stock and Forex trading simulators available, and many of them offer very different features and functionality.

If you focus on the simplest or most basic platform, you might need to upgrade later due to missing features. In other words, it's better to choose the more advanced and complex platform, to have a good foundation for your future trading.

Forget the binary trader simulators that promise you quick wins. This is why starting out with an advanced platform, like MetaTrader Supreme Edition might save you time in the long run.

However, an advanced free trading platform is only really necessary if you plan to become an intraday forex trader. If you are a long-term trader and do not require detailed analysis every day, you may need to choose a platform that is the most accessible for you.

Nevertheless, your simple platform should always provide you with real-time currency rates, and other additional features necessary for you to be successful in long-term trading. One specific feature to look for when comparing stock market simulators is the option to manually test your trading strategies based on historical data - this is known as backtesting.

The benefit of this approach is that you can find certain market events to test certain trading strategies, rather than waiting for a similar event to occur in real time and losing valuable practice time. So make sure to go out and find popular strategies and try them out.

You never know how effective these strategies will be until you try them. Most stock market simulators and trading simulation software is offered by online brokers.

For this reason, it's important to make sure the broker you are choosing is trustworthy, as this will likely be your platform choice once you have gained enough experience on a demo account. Online brokers are diverse and offer different platforms, different available instruments, different trading costs and different support. Learn more about choosing a good Forex and CFD broker here. Now that you know what a Forex trade simulator is, the benefits of using one and what to look for, you might be wondering which trading simulator we recommend.

At Admirals, we think the MetaTrader trading platform - a professional trading software - is one of the best trading simulators available. It's also the world's most popular trading platform, with a large support community, and the most advanced functionality for Forex and CFD trading online, which makes it the best option for someone who wants to start trading online with a free online trading simulator.

In addition, Admirals also offers the exclusive MetaTrader Supreme Edition , which is free for all Admirals traders. MTSE includes a range of advanced features to help clients achieve the best trading results, including:.

If you're ready to start trading on a free Forex simulator, click the banner below to download MetaTrader 5 today! To access the MetaTrader simulator available for both MetaTrader 4 and MetaTrader 5 , take the steps below:.

While having a MetaTrader demo account is all you need to start trading simulations, there are some additional features in MetaTrader Supreme Edition that can be helpful for more advanced simulations. MetaTrader Supreme Edition comes with two useful Forex and stock market simulators - one is the trading strategy tester, which allows you to test different trading strategies against historical price data.

The second is the day trading simulator, which specifically tests day trading strategies. The strategy tester in MetaTrader Supreme edition is our best CFD simulator for simulated trading. Here is how you can use it to test stock and Forex trading strategies:. In this example, we will use the Master Candle template, and will simulate approximately six months of trading note that this template is not one of the standard inclusions in MetaTrader Supreme Edition, so you will need to code the rules in MQL4 for this strategy, hire a programmer or obtain a template online.

Once finished with the visual backtest, click the Results or Report tab and view the result. In the example below, we can see that the Master Candle strategy has produced approximately 6. The day trading simulator lets you place market and pending orders, set trailing stops, alter the stop loss and take profit on orders by clicking on the chart, save complex order definitions as templates, quickly close all open orders, and access many more features that are not available as standard in MetaTrader 4.

Once you select your historical data, the day trading simulator will go bar by bar through the markets and you can manually pause it to place a trade. It will then add up those trades in a Profit and Loss statement at the end of the time period, as described here. You can then apply different templates, add your indicators, trade normally, and see if your strategy worked or not.

The major advantage of day trading simulators is the ability to backtest your strategy through different time periods.

In the example below, you can see the example of backtesting using a custom template. The end result was EUR 1, in profit. The day trading simulator will also allow you to thoroughly analyse your trading activity if you press the 'Analyse' button within the Mini Chart window. The Smart Lines tool use line objects drawn on an MT4 chart as the stop-loss or take-profit for positions.

They provide three main features:. When used with the day trading simulator, you can use the Smart Lines tool to make manual trades, which will then be tracked by the simulator. A window such as the example below will then pop up, allowing you to choose which action the line should take. Another helpful tool in MetaTrader Supreme Edition is the SpeedFactor parameter, which slows down the simulation. The larger the value, the slower the simulation. The main way of controlling the speed of the Simulator is to use the slider next to the Visual Mode box, which contains values between 1 to You can also experiment with the slider to find the best combination for your computer, and how quickly you want the simulation to run.

Additionally, you can also control the speed of the simulation further using the EA's SpeedFactor property. You set this by clicking on the Expert properties button in the strategy tester, and then by altering the Value property on the Inputs tab. Source: AdmiralsTrading Simulator MT4.

Most stock market simulators offer a virtual balance of anywhere from 5, euros to , euros. Learn more about choosing a good Forex and CFD broker here. It does not download or provide any own data. After choosing your Forex simulator software, the first step for transitioning to a live account is to set a goal - what do you want to achieve in your demo account before transitioning to a live one? You will get everything exactly how it was: trades, account balance, even all your drawings. A number of settings to make your trading as effective and comfortable as possible. Create and delete them with a single click, all charts will be built automatically in background for all tickers at once.

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