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.

Metatrader 5 is not supported yet. There is no limit for the number of computers in use. What limits the use of software is the number of Metatrader accounts. More information about payments and the license can be found in License, payments and refunds section. We strongly suggest to test the demo version of the simulator with your favourite indicators before buying it.

All standard MT4 indicators work fine, but not every custom indicator works correctly on the simulator. Read more about known problems with custom indicators and possible solutions in Troubleshooting section. home software knowledge contact. Our Forex trading simulator lets you train much faster, without taking any risk. No more waiting for certain market conditions or price movements.

No more having to watch the charts all day long. With our simulation software you can control the time and focus on most important moments. Trade historical data and save your time Forex Simulator lets you move back in time and replay the market starting from any selected day.

How it works Forex Simulator works as Expert Advisor for Metatrader 4. Not an EA tester Our simulator is not an EA backtester. Currency pairs - Dukascopy Instrument Data starts from Instrument Data starts from EURUSD NZDCAD AUDNZD NZDCHF AUDUSD NZDJPY AUDJPY AUDSGD EURCHF CHFSGD EURGBP EURCZK EURJPY EURDKK GBPCHF EURHKD GBPJPY EURHUF GBPUSD EURPLN NZDUSD EURRUB USDCAD EURSGD USDCHF EURTRY USDJPY HKDJPY CADJPY SGDJPY EURAUD TRYJPY CHFJPY USDCNH EURCAD USDCZK EURNOK USDDKK EURSEK USDHKD USDNOK USDHUF USDSEK USDILS USDSGD USDMXN AUDCAD USDPLN AUDCHF USDRON CADCHF USDRUB EURNZD USDTHB GBPAUD USDTRY GBPCAD USDZAR GBPNZD ZARJPY XAUUSD XAGUSD Instrument Data starts from Brent crude oil WTI light crude oil Instrument Data starts from BTCUSD ETHUSD Instrument Data starts from Instrument Data starts from EURUSD May AUDJPY May AUDNZD May AUDUSD May EURCHF May EURJPY May EURGBP May GBPJPY May GBPUSD May NZDUSD May USDCAD May USDCHF May USDJPY May CADJPY May CHFJPY May 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. Another type of Forex simulator, aside from a demo account on a platform like MetaTrader, is a trading game. While Forex games can be a fun way to start trading, the best place to start is using the software that you will actually use when you start trading on a live account.

And the best way to do this is by signing up for a demo account - or Forex simulator - with a broker who also offers live trading, like Admirals does through MetaTrader 4 and Metatrader 5. The MetaTrader platforms are the most popular Forex platforms in the world and one of the most advanced platforms for online currency trading.

For that reason, there's a high chance that you will continue trading in a live MetaTrader account after trialling the free simulator. While Forex and stock trading simulators offer a great opportunity to practice your trading, it's best not to do too many demo operations in a trading simulator. Simply because it can be easy to treat a demo account as a crutch - one that prevents you from gaining experience trading the live markets using real money.

This is one of the reasons why many brokers have an expiry date on their simulators - usually 30 days after opening a demo account. 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? Then, once you start trading in a live account, don't be afraid of failure. Traders often experience losses, especially towards the beginning of their trading careers.

If you exercise risk management within your trading, you can manage the risks effectively, and may be able to avoid them altogether. There are many cases of traders who failed at some point but ended up producing significant profits. For example, Jesse Livermore became famous making a fortune by shorting the stock market in You can check the results of the backtesting strategy under the Report tab. Be sure to respect each trade and treat it as if real money is in play. A trading simulator, no matter how good, or how realistic it is, will never become a full substitute for the real trading experience.

Thus, it is important to remember that the Forex practice simulator should be used as a tool for testing trading instruments and strategies, rather than a complete guide on how to trade Forex successfully.

This All In One Trading Simulator teaches you the basics of the trade and is highly suitable for beginners. The trading school within the app gives users a fun and enjoyable learning experience while understanding the complex axi broker review world of trading. Users will be able to practice trading in popular currencies, stock, commodities and even cryptocurrencies.

If you find that you not improving, head on to the quizzes to find out which areas you are weak at. If you wish to make the most out of the practice runs with the simulator software, you will probably want to consider this factor first.

There are a lot of factors to benefit from in using the simulator that incorporates the real-time market data, with the most obvious being the realistic trading experience that it provides. The simulation platform is a platform that is dedicated purely to the simulation practice, by simulating the experience of other traders. Despite all of the uses and advantages of Forex simulator online accounts, for the sake of accuracy, it is worth mentioning that demo accounts are much closer to the real-time trading conditions.

One obvious logical criteria for this would be that traders should end at least one month with some net gains. This can be an important sign of the fact that a trader might be in a position to earn some real payouts with Forex trading. To begin streaming live cryptocurrency, forex and CFD market data free of charge, sign up for an MT4 practice account. For example, with a Forex day trading simulator, you will be able to see how a few hours or even minutes can make a lot of difference for your position.

This app offers real time world stock market trading with no in-app purchases. This app is great for beginners wanting to learn more about stock market trading and to get a feel on how the real market is like. With nothing to lose as everything is in virtual currency, beginners can go rampant however they like without worrying about losses.

The app also provides experience traders a place to polish up their skills and to try new strategies. In turn, using a Forex simulator can be a great way of exploring the different types of tools available and learn to incorporate them into your personal trading strategy.

Forex Simulator lets you move back in time and replay the market starting from any selected day. It shows you charts, indicators and economic news as if it was happening live. You are able to place your orders, modify them or close them, just like you were trading live. Trading historical data saves a lot of time compared to demo trading and other forms of paper trading. It also allows to adjust the speed of simulation, so you can skip less important periods of time and focus on the most important ones.

Forex Simulator works as Expert Advisor for Metatrader 4. It combines great charting capabilities of MT4 with quality tick-by-tick data and economic calendar to create a powerful trading simulator. It uses offline charts, which let you use indicators, templates and drawing tools available in Metatrader. However, it is not limited to using historical data offered by Metatrader, which is usually low-quality data.

It also lets you download and use high-quality tick data from Dukascopy and TrueFX. Our simulator is not an EA backtester. It is not possible to test any trading robots or scripts. The software was not designed for that. The software gives you access to all Forex major pairs plus XAUUSD and XAGUSD. You can also run simulations on oil and main stock indexes. Choose your favourite instrument and trade it. Unlike other trade simulators, our software lets you use as much as 10 years of real tick data with real variable spread.

Make sure you read their terms of use before using it. Please note that we have no connection with these providers. Soft4FX Forex Simulator simply lets you download and use their tick data in convenient way. Starting from version 1. Now, you can run simulations on all instruments offered by any MT4 broker.

All you need is a demo account. Read more about importing data from MT4. You can open several charts at once and follow price action on several timeframes. 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.

Metatrader 5 is not supported yet. There is no limit for the number of computers in use. What limits the use of software is the number of Metatrader accounts. More information about payments and the license can be found in License, payments and refunds section. We strongly suggest to test the demo version of the simulator with your favourite indicators before buying it.

All standard MT4 indicators work fine, but not every custom indicator works correctly on the simulator. Read more about known problems with custom indicators and possible solutions in Troubleshooting section. home software knowledge contact. Our Forex trading simulator lets you train much faster, without taking any risk.

No more waiting for certain market conditions or price movements. No more having to watch the charts all day long. With our simulation software you can control the time and focus on most important moments. Trade historical data and save your time Forex Simulator lets you move back in time and replay the market starting from any selected day. How it works Forex Simulator works as Expert Advisor for Metatrader 4. Not an EA tester Our simulator is not an EA backtester. Currency pairs - Dukascopy Instrument Data starts from Instrument Data starts from EURUSD NZDCAD AUDNZD NZDCHF AUDUSD NZDJPY AUDJPY AUDSGD EURCHF CHFSGD EURGBP EURCZK EURJPY EURDKK GBPCHF EURHKD GBPJPY EURHUF GBPUSD EURPLN NZDUSD EURRUB USDCAD EURSGD USDCHF EURTRY USDJPY HKDJPY CADJPY SGDJPY EURAUD TRYJPY CHFJPY USDCNH EURCAD USDCZK EURNOK USDDKK EURSEK USDHKD USDNOK USDHUF USDSEK USDILS USDSGD USDMXN AUDCAD USDPLN AUDCHF USDRON CADCHF USDRUB EURNZD USDTHB GBPAUD USDTRY GBPCAD USDZAR GBPNZD ZARJPY XAUUSD XAGUSD Instrument Data starts from Brent crude oil WTI light crude oil Instrument Data starts from BTCUSD ETHUSD Instrument Data starts from Instrument Data starts from EURUSD May AUDJPY May AUDNZD May AUDUSD May EURCHF May EURJPY May EURGBP May GBPJPY May GBPUSD May NZDUSD May USDCAD May USDCHF May USDJPY May CADJPY May CHFJPY May Buy Forex Simulator USD VAT may be applied in certain countries One-time payment Lifetime license for 1 person 2 Metatrader accounts with transfer possibility 14 day money back guarantee Requires Microsoft Windows and Metatrader 4 Test the software in free demo mode first!

There is no need to pay just to see how it works. Forex Simulator Home Installation and startup License, payments and refunds Tutorials Troubleshooting Using Metatrader data What's new Affiliate program.

The simulation can be rewound by a minute, an hour, a day or by any other timeframe you choose. Receive all of this and much more! Apart from the common timeframes, traders are also able to create custom timeframes as they deem necessary. What limits the use of software is the number of Metatrader accounts. Automatic MT4 indicator converter is ready!

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