The best simulators factor in leverage, fees, spread variations, and even latency, making them suitable for detailed strategy testing. Backtesting has been used by big companies and professional traders to improve many aspects of their trading strategies. The trading simulator and it’s built-in game constraints ensure that traders are using strategies that are aligned with their risk tolerance and investment goals.
Charts by TradingView
You can have only one position, at the same time for the same symbol. No more risky software installs, no need to download historical fx-data. After clicking the “Start Subscription” button, you’ll be directed to the Forex Tester Online registration page to sign up and begin using the plan. The WR Trading Simulator runs in full mode without requiring any credentials.
Replay forex markets in the browser.
By creating an account, you can save your statistics. Our mentorship covers chart analysis, risk management, psychology, and strategy development. You’ll also practice everything you are taught in real time using the WR Trading Simulator. It’s the safest way to transition from learning to earning. TradingSim simulator focuses solely on stocks and futures replay, while our WR Trading simulator offers live trading simulation across markets, instruments, and strategies. They help new traders build muscle memory in order placement and platform navigation.
Compare trading performance
Use charts, templates and drawing tools available in Metatrader. It’s never been easier to see how the news impact the markets. All financial reports with data from world’s central banks, income statements, balance sheets, statements of retained earnings, important announcements of institutional leaders. Good trading strategy is the one that best suits your personality. Whether you’re struggling to stay consistent or ready to take your trading to a professional level, our mentorship bridges the gap.
Paper Trading
- Unlike simplified apps or game-style tools, this simulator uses authentic price data, supports real trading mechanics, and reflects real-world volatility.
- Involves recording hypothetical trades “on paper” without using a simulator or real funds.
- Use advanced trading simulator to gain skills and confidence.
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 rules and load them at any time. All charts are synchronized and updated tick-by-tick.
How To Trade With The WR Trading Simulator?
- You’ll also practice everything you are taught in real time using the WR Trading Simulator.
- TradingSim simulator focuses solely on stocks and futures replay, while our WR Trading simulator offers live trading simulation across markets, instruments, and strategies.
- The trading simulator and it’s built-in game constraints ensure that traders are using strategies that are aligned with their risk tolerance and investment goals.
- Margin is calculated automatically, and changes dynamically as you switch markets or adjust trade size.
- This allows for true sim trading control, right down to the dollar.
Involves recording hypothetical trades “on paper” without using a simulator or real funds. The financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.
76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. WR Trading is not a broker, our virtual simulator offers only simulated trading of a demo account. Prices, market execution can be different from real market situations.
WR Trading Simulator vs Investopedia Stock Simulator
For beginners, simulated environments are a low-stakes way to build high-level habits. It is possible to save your trading history to an Excel sheet, allowing you to study and analyse it in more depth. Risk-based position sizing requires setting a stop loss to work properly. Events can be filtered by importance and currency, so you can easily find events that really affect your trading.
Whether you want to simulate high-risk exposure or low-leverage precision, our simulator adapts on the fly. The WR Trading Simulator gives you access to a full range of global markets, all under one interface. Whether you’re into fast-paced forex sessions, long-hold stock trading, or volatile crypto swings, forex simulator you’ll find a market here that fits your style.
We designed this paper trading simulator to reflect actual market conditions. You’ll have access to real-time data, variable spreads from 0.2 pips, and full control over trade size, margin, and leverage. Whether you want to explore the forex market, stocks, crypto, indices, or commodities, every function is open and accessible.
Live prices may vary from those offered by brokers or other real-time data sources. We designed the WR Trading Simulator as a pure simulated trading space that is accurate, flexible, and frictionless. Whether you want to practice trading price action on a one-minute chart or test macroeconomic trading ideas over several days, the simulator responds like a real platform would.
Traders can use it for practice trading, working on execution speed, trade sizing, stop placement, and entry precision. It’s also a tool for strategy development, enabling users to run repeatable setups over varying market scenarios before committing real capital. Simulators are often built with multi-market support, so traders can easily switch between forex, crypto, stocks, and derivatives like indices or commodities. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.