Stock Market Trading Simulator

The stock market simulator is a device that allows you to try out the stock market in order to develop strategies and increase your investment. To save time on the stock market, it is best to directly try the broker that offers the financial market that interests you. Discover the best stock market simulators to learn and master online trading.

The Best Trading Simulation

For years, the scholarship has attracted many people. Professionals and beginners flock there. So, to avoid wasting your time, here is a summary table of the best stock market trading simulators.

As you can see, each broker has its own information. So, while some offer an unlimited demo account, others assign it a set duration of 30 days.

Best Trading Simulators by Markets

The stock market simulators each stand out in a specific market. Thus, depending on the market, the trader may:

Trade Stocks At DEGIRO

Thanks to the demo account DEGIRO, you can learn the stock market while experiencing real market conditions. With its commission-free trades, you can experience the emotions of trading and develop new strategies. Open a completely free account with o% commission and take advantage of your fictitious portfolio to practice before switching to a real account.

DEGIRO there are more than 800 shares tradable on the platform or from the mobile application. Whether you are an experienced trader or a beginner, you have the opportunity to invest in fractional shares. This action allows you to decide the amount to invest regardless of the current price of the desired stock. This is one of the criteria which makes DEGIRO the best trading simulator.

Trading Forex on Vantage FX

If you want to invest in the Forex stock market, the stock market simulator par excellence is Vantage FX. With its 30-day demo account, you can experience interbank RAW ECN spreads as well as high speed of trade execution. Moreover, thanks to its high liquidity FX providers, traders can access all Forex markets.

By combining all these elements, the stock market simulator Vantage FX allows its clients to enjoy a professional-level trading experience. To be even closer to its customers, the broker is available on different platforms and media.

Best Simulators By Trading Type

There are several types of trading. Depending on the needs of each user, manual trading or copy trading may be the best solution depending on the stock market simulators.

Try CopyTrading and Social Trading with eToro

Social trading and copy trading are the hallmark of the stock market simulator eToro. Social trading involves investing based on user opinions.  eToro has therefore developed new strategies to facilitate access to financial markets and trade with confidence. Thanks to its active social channels, the broker expands its horizons while remaining close to its clients.

With its copy trading method, you can identify other traders and copy their investment strategies. To do this, you can filter the results using the search bar. The simulator has many criteria in choosing the person to copy. Among others:

• The level of risk
• The localisation
• The gains

However, all trades suitable for copying present information on their profile. These help you make the right choice of who to follow when creating your own portfolio. So, eToro acts with complete transparency to support its clients in this complicated world that is the stock market.

Test Manual Trading on Vantage FX

Vantage FX is a stock market simulator that focuses on manual trading. Although it requires more alertness and concentration than automatic trading, this type of trading is ideal for beginners. The latter offers novices the opportunity to choose the desired level of risk for themselves. Thus, a beginner has the ability to choose the right moment to open or close his position on his own.

However, this kind of trading is suitable for traders who already have certain strategies and market intuitions that will allow them to make the best investments. Manual trading can be a great source of income for traders who constantly follow the movements of the stock market.

However, it requires a lot of patience, discipline and discernment. Its principal hasvantage is that it develops the feelings of the stock market. The trader can thus prepare to face the stock market in a real way. In addition, this type of trading also has several consequences. Because feelings can sometimes mislead the trader. He may therefore find himself selling or closing a position when he is not supposed to.

Moreover, it demands excessive time and attention. You need to watch the stock market all day long to make the best investments at the right time. Otherwise, you will miss many opportunities.

Stock Market Simulators by Time Horizon

The choice of a stock market simulator can also be made according to time horizons. By defining your trading method, you will know better which broker is suitable for you.

Long Term Trading:

The best stock market simulator for long-term trading is eToro. The broker has long-term simulation tools such as the copy portfolio and American Equities. The copy portfolios of eToro are divided into 3 categories:

The Top Trader CopyPortfolios

This type of copyportfolio brings together successful traders fromeToro. As a result, long-term stock traders will be able to follow their strategies while waiting to develop their own. Because Stocks are uncertain, they can go up or down at any time. Using this tool will be perfect to limit the risks.

The Market CopyPortfolio

This tool integrates all the assets corresponding to the chosen strategy. Fans of long-term trading can easily find their way among the 800 stocks offered by the broker.

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Partner CopyPortfolio

It brings together all the financial organizations in the world. Thus, long-term traders are certain to reduce long-term risk. Because of this, investors can develop new growth strategies while showcasing Copy Trading.

However, there are certain dangers associated with long-term trading because in order to win big, you will also need to increase the level of risk. Also, long-term investing, whether in stocks, does not offer a quick return on investment. Because of this, you will have to be patient for the generation of profits.

Short Term Trading

The stock market simulators par excellence for short-term trading are Vantage FX and Axi. Short-term trading typically spans a relatively short period of time ranging from a few hours to a week. It is ideal for beginners looking for speed of execution. But before embarking on this time horizon, it is essential to have certain information or risk being surprised.

Before opting for short-term trading, it is necessary to know that there is not one, but several kinds of short-term trading. The choice will depend on the unit of time you want. You will therefore have the choice between M5 or H1. With the M5, you can only keep your position open until evening. On the other hand with the H1, your position will remain open throughout the week until Friday evening.

These two ways open up three different trading styles even though both are short-term trading:

• Day trading : this style of trading requires quick decision-making to follow stock market prices optimally. He asks for a closing of the position at the end of the evening. However, stock market fluctuations can make you profit. But in another case, you can also face big losses.
• Scalping allows traders to take advantage of small price changes. To do this, open positions should only last a few seconds or even a few minutes maximum. To make profit with this style of trading, you should opt for making small profits as often as possible to maximize profits. The main concern with this style is that it is extremely time consuming. However, you need to check the costs of opening and closing positions in order to calculate the loss/gain ratio.
• Swing Trading : it is the longest short-term trading style. It can last from a few days to a week or even longer. It consists of choosing a trend and investing in the declines and rises of the same movement. To do this, traders will need to do technical analysis in order to spot the best opportunities.

Simulators by Types of Mobile Devices

Stock market simulators strive daily to innovate to better meet the needs of their customers. To do this, many brokers use mobile applications to be ever closer to their customers.

As a result, you will be able to find stock market simulator applications on Windows such as Vantage FX, Axi, eToro. These applications allow you to use the broker whenever and wherever you want. You will also find on Mac, simulators like eToro which give the trader the possibility of trading with their tools at any time. So, you can use these simulators from your phone, allowing you more mobility.

Stock Market Simulators by Trading Platform

To do a trading simulation or to do real trading, not all traders use the same trading platforms. They use the stock market trading simulator who has themvantage the best. Among these trading platforms, some rank as the best. These include: ProReal Time, eToro, MetaTrader 4 and MetaTrader 5. Discover the characteristics of the latter.

 ProReal Time

The ProReal Time platform is the French reference in terms of stock market simulator. With millions of real orders placed over the past few years, it has plenty of charts as well as unmistakable market data and exclusive analysis tools.

This platform has many qualitative features that are attracting more and more French people. Indeed, ProReal Time provides users who are traders with more than 100 previously defined technical analysis indicators.

It also allows you to create your own indicators using a programming language called probuilder which is one of the best in its category. Better still, the stock market simulator is equipped with advanced modules, the main ones of which are:

• ProRealTrend: it is the module that allows you to automatically draw oblique and horizontal trend lines to highlight supports and resistances.
• ProBacktest: Also called backtesting, it helps the trader to carry out trading patterns and to understand their movement on a history of past information.
• ProOrder: the ProOrder module is important in the real-time execution of ProBacktest trading systems through a server-side order initiation technique.
• ProScreener: allows you to do complete financial market scans in real trading.

In addition to its high-quality features, the platform has many features.vantages ideal for stock market trading simulation.

First of all, ProReal Time allows the trader to manage his positions and orders visually. It does this by giving them the ability to place orders with a single click on the charts. A practical tip to keep the concentration and not to disperse. In addition, open positions and pending orders are also represented on the charts.

Then, the platform also allows to use different varieties of orders. In particular, simple orders which are used for an oblique order or for a fixed price level. Multiple orders that allow them to place triple orders.

ProReal Time also allows traders who use the stock market simulator to place protection orders. This category of orders is ideal for a trailing stop at a fixed price stop. Finally, the platform also allows you to train on many financials such as Currencies, Shares and ETFs as well as Futures.

eToro

eToro is a trading platform specializing in trading Stocks and cryptocurrencies. The platform is used by the broker eToro which offers its many features to the trader who wants to learn the stock market. The stock market simulator thus offers its clients undeniable quality services.

The platform provides traders with a demo account that complies with the regulations of financial organizations. This demo account allows you to practice on the stock market as on a real account. There are no major differences between these two accounts, especially since they have the same limits.

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By using the platform eToro To simulate the stock market, you will not be able to invest more than 20% of your capital in a single transaction. However, you can only follow around ten traders at a time. Thus, trading is done exactly as in a real account. This particularity allows you to develop strategies, improve and have the same reflexes as traders with a real account.

The stock market trading simulator eToro is suitable for everyone. In addition to having a free demo account, the platform allows all types of traders to familiarize themselves with the stock market and financial markets. Beyond the unlimited duration to simulate on the stock market, the platform also replenishes your demo account in less than 48 hours if the amount of funds is exhausted.

The problem with the latter is that it prevents traders from becoming aware of the risks that wish to trade on the stock market. Because the latter do not sufficiently assess the possible risks. By speculating with fictitious money, they do not suffer from the stress of losses and do not suffer from the lack of money.

The platform supports its customers through online training sessions. Even if practice is the best solution to quickly increase your skills, the fact remains that theory remains essential to master the basics of a field.

MetaTrader 4 and MetaTrader 5

MetaTrader 4 and MetaTrader 5 are trading platforms with advanced analysis tools. Present on the market for more than 10 years. These extremely powerful platforms are used by many brokers to offer quality services to their clients.

Even though both MetaTrader 4 and MetaTrader 5 perform well, there are still some differences between them. Here is a small table that will help you differentiate their features:

Aside from their functionalities, these platforms have many advantages.vantages. They are free and easy to use. Thus, a trader who wishes to trade can use it without much difficulty. Whether in simulation or in real account, each trader will find his account.

MetaTrader 4 and MetaTrader 5 allow you to speculate on many financial markets. Forex, Indices, Commodities or Stocks, traders have the possibility to test all the markets in order to find which one suits them best and what are its advantages.vantages.

What makes these platforms more interesting is that they follow you everywhere. Indeed, they are available on all types of devices. Phone, tablet, Android, Windows or iOS, you can download the application to trade wherever you are.

xStation

xStation is one of the ideal platforms for simulating the stock market. Used by the broker XTB, this platform has many useful tools for the stock market simulator. Trading on this platform is facilitated by its quality and speed of execution.

Awarded in 2019 for its fast execution, this platform opens the stock market universe to beginners and experienced traders. With more than 4000 instruments such as Indices, Forex, Global ETFs, Commodities and Crypto-currencies, it gives everyone the opportunity to learn about new markets to develop strategies that will later make them avoid stock market losses.

With more than 15 years of experience, the platform makes it possible to follow the evolution of the stock market thanks to its graphs. Moreover, traders can close all positions with just one click. So you can open and close a position directly at the right time.

Finally, the xStation platform has advanced charts which are very useful and which allow you to find out about limit orders, market orders and pending orders. It is also possible on the stock market investment simulator to place orders directly from the charts so that the investment is faster and more fluid.

On your stock market simulator, there is a tool called a trading calculator. The latter successively indicates the gains or losses according to the positions. This allows traders to have complete control over their trading.

The platform is downloadable and compatible with several types of devices. Whether on a phone, tablet, Mac or Windows device, you will be able to follow stock market prices while going about your respective activities. This additional point allows you to simulate on the stock market wherever you want and whenever you can.

 

Simulate But With Which Deposit?

To learn and interact, you must necessarily invest a certain amount. In some cases, traders can invest the fictitious money present on the demo account. But, it can happen that traders invest real money on a simulator in order to develop their strategies with the true feelings of a real account.

To learn to trade

When you open your demo account, the broker opens a fictitious portfolio for you. The amount present depends on the stock market simulator used. Nevertheless, this money allows you to trade on the stock exchange as in a real account with the only exception that invested and virtual money.

This process allows novice traders to become accustomed to this new universe, to understand it and to interact with it. You will therefore have to use this money intelligently in order to prepare yourself for the stock market in real conditions. Choose your investments, markets and time horizons carefully.

Trading on a stock market simulator allows you to acquire knowledge. To do this, it is important to respect certain notions in order to avoid unnecessary risks once the simulation has passed. Because, even if some stock market trading simulators have an unlimited duration, some fade after a month.

You must therefore act intelligently so as not to run into chronic difficulties once the allotted time has elapsed.

To Develop Strategies 

Simulating on the stock market does not require a specific amount. But depending on your expectations and conveniences, you can decide to trade with small real amounts. This method makes it possible to develop trading strategies by trying out a stock market trading simulator.

The most captivating when you invest real money in simulation is that you will be much more attentive to the movements of the stock market. So, the sooner you learn how to manage your investment capital, the sooner you will limit the damage. Because you are investing money, your emotions will be stronger and you will learn better.

Investing in the stock market is done according to means. You must keep in mind that a high sum is not really ideal on a stock market simulator. So you can start with small amounts. If you want to master another asset, you only have to invest very little, just to see how it goes and what its prices are.

So, when using a stock market simulator, you can start with small sums. For example, if you invest $100 with 1:50 leverage, you could earn $250 if the stock market is up 5%. Otherwise, you will make equivalent losses. This step allows you to refine your strategy. If you want to invest larger amounts, it is recommended to switch to a real account.

 

How to Open a Stock Market Simulator Account?

The best way to understand the stock market universe is to rub shoulders with it. But you can't jump headlong into such an uncertain field. To increase your knowledge and develop strategies, it is recommended to use a trading simulator. To open a stock market simulator account and practice, here is the procedure to follow:

Open Demo Account Vantage FX

1. Go on Vantage FX and click on " Demo Account »

2. Complete the registration form Vantage FX and click on " Open a Demo Account »

3. Indicate your personal information on Vantage FX and click on " Next »

4. Configure your trading account Vantage FX (MT4 or MT5, account type – Standard STP to get bonus, account base currency) and Click “Next”

5. Confirm your identity and place of residence by uploading 2 supporting documents with Vantage FX and Click “Next”

Open Demo Account eToro

1. Go on eToro and click on " Join us now »

2. Fill out the short form eToro to create and Click " start trading »

3. To use your account eToro safely and benefit from all the options, verify your account by clicking on "Continue"

4. Read the general conditions and the confidentiality policy of eToro before confirming your information

5. Answer the questionnaire eToro and verify your identity

6. Click on the button "Register"

 

Once your registration is complete, you can now face the stock market universe. Even if it is only a simulation, this experience can only be beneficial to you. Because, it is by practicing that you will acquire experience.

Benefits                                     

The stock market simulator has many features.vantages for traders who want to learn the stock market and improve before facing it in real life. Among his manyvantages, the stock market trading simulator allows:

• To test the financial markets : the stock market simulator offers traders the possibility of speculating on several markets. The stock market simulator gives access to many financial markets such as Forex, Indices, Shares and crypto-currencies. Traders thus have a wide range of choices in order to be able to try out and define their preferred market.
• To try trading without taking risks : Thanks to the stock market simulator, traders can invest as much as they want without running the risk of loss. Indeed, the simulator allows you to trade with virtual money. As a result, whatever the stock market price, the trader is certain to come out unscathed because he will not have invested any real capital.
• To test stock market tools : The stock market has many tools to develop strategies and become a trading ace. The use of a stock market trading simulator allows you to have access to all these tools in order to familiarize yourself with each of them. By mastering the use and usefulness of these stock market tools, you will be able to avoid certain pitfalls in the stock market and know the right time to open a position or to close it.
• Develop a trading strategy : By using a stock market simulator, you have the opportunity to learn and master stock market prices. From this knowledge, you can then define the trading strategy that will help you increase your earnings in the stock market. The strategy is all the more useful because it gives the trader an identity.

• To test your  skills and define your level before trading in real life : The stock market is a volatile field. There are no sure methods so, to find out what level of skill you have exactly, it is advisable to use a stock market simulator. Thus, you will know whether or not you are fit to engage in real trading. Or, if you still need time to understand and assimilate certain concepts before taking the step

• Detect the best rated, most profitable and easiest assets for trading : the use of a stock market trading simulator allows you to discover the financial markets and to rub shoulders with them. As a result, you will have access to many assets which each have their own characteristics. By practicing, you will know which asset suits you best by its profit rate and its ease of trading.
•         To help all types of traders : The stock market simulator is suitable for all types of trader. For novice traders, the stock market simulator allows you to learn while practicing. Traders, on the other hand, will need the latter if they wish to invest in new markets without taking any risk. As a result, they will be able to practice on a simulator while they master this asset and embark on real trading.
•         To have access to many places stock exchange : The stock market trading simulator allows you to invest in several financial markets, but not only. The latter offers the possibility also opens the doors of many stock exchanges such as London, Paris or Luxembourg
•         De get trained in order to prepare for trading real: To understand a universe as complex as that of the stock market, practice takes precedence over theory. Therefore, the simulator allows you to leave the theory to experiment by practicing, in order to assimilate in a natural way the lessons that have been provided to you.
•         To trade on any type of support : To help the trader at all times, stock market simulators are available on several media. Whether in mobile or web version, the simulator is committed to always being ready for its customers. As a result, you will be able to find your simulator in a downloadable application for Mac, Android, iOS and Windows. So you can use it from a mobile phone, tablet or computer

 

Drawbacks

The stock market trading simulator has many featuresvantages which are its strength. However, there are certain disadvantages that every trader must take note of before embarking on this business. Thus, the simulator has some flaws, notably:

•         It does not develop market sentiment : trading on a stock market simulator is done with fictitious money to learn and understand the world of the stock market. Even if it's a big avantage because there are no losses, the latter does not develop market emotions. In real trading on the other hand, each change in the stock market raises new emotions such as stress, joy, anger and many others which are minimized during the simulation
•         The omission of trading fees : most traders on a stock market simulator think only of calculating their performance while omitting the costs which can sometimes upset the course of their trading. Its fees are, among other things, the transaction and account maintenance fees set by the broker and the difference between the purchase price and the sale price depending on the underlying asset.
•         Mismanagement of funds : in virtual trading few traders take the time to calculate the risks incurred. Traders do not always define money management because, whatever happens, they will not have lost anything. Since it is virtual money, they execute orders without considering certain factors. What differentiates the investment of a simulator from that of real trading.

❓What is the trading simulator?

A simulator is a way for the trader to be able to try out a demo in order to get started in a real trading account. It allows you to manipulate the different markets without having to make a real investment.

Do we have to use a simulator before moving into real life?

Yes. It is very necessary to use a stock market trading simulator, before going into real life. It helps the trader, especially the beginner, to better understand the different realities of the markets in order to protect themselves from risks when they move into real trading and better use the stock market investment simulator.

Who can benefit from the Forex trading simulator?

Forex is very useful for traders especially traders who are just starting out. In fact, it can benefit everyone, even professional traders.

Why is the trading simulator exciting?

For types of trading like Forex and cryptocurrency trading, the simulator allows you to learn how tovantage about trading to gain better experience. It is also exciting because it allows you to switch to the stock market gain simulator in order to calculate your profits.

What are the most used stock trading platforms today?

Nowadays, the best platforms used are the trading platforms of eToro, Axi, Avatrade et Vantage Fx to name just a few. For each stock market simulator the information differs depending on the trading simulator you choose.