A day trading demo or simulator is a computer program that allows a potential trader to practice trading without risking any capital.
A day trading simulator should be as realistic as possible, allowing a trader-in-training to practice in actual market conditions. There are many trading demos in existence today, allowing traders to practice trading stocks, futures (like the e-mini’s), or currencies. Top-of-the-line stock day trading simulation platforms (with direct access capabilities) can cost about $300 a month to use. In the late nineties, advancements in Internet technology have opened the currency trading (forex) market to retail investors, bringing a rush of free or low-cost forex day trading demo platforms to the market that are extremely lifelik.
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