What is Trading Simulator?
Trading Simulator is a specially designed trading tool that allows emulating the execution of orders for any connection, including those that do not allow trading.
For whom it will be useful? For any trader - from beginner to pros, trading in with any type of instrument. For example, crypto traders who do not have real accounts on a crypto exchange can trade in the demo mode on the selected crypto exchange.
Note that each start and stop of the simulator creates a new trading account.
General view of Trading Simulator panel
How to start trading simulation?
Launch the Trading Simulator from the Control Center. The panel is located in the Trading category.
Add desired symbols on which the trading simulation will take place.
Adding the trading symbol to Trading Simulator panel
Set the initial balance for trading accounts, execution delay, type of netting for selected symbols, and commission size.
Set initial balance for trading
Run the simulation by clicking the "Start" button. The status of the panel changes to Simulation is active.
Open required panels for analysis and trading. On the header of each panel that participates in the trading simulation, shows the corresponding inscription — Simulator.
You can open panels that linked to the simulation process
"Stop" button will abort the simulation process as well as cancel all positions and orders.
General settings
In the general settings, you can set the initial balance for the test account, set the delay in execution, and configure the settings of netting for each instrument.
General settings for accounts and symbols
Initial balance — the amount of money for the test account.
Trading Simulator creates separate trading accounts for each base currency of the instrument. For example, if you chose EUR / USD currency pair, then the account name will be Account (USD), if you select EUR / JPY, then the name will be Account (JPY) respectively.
Content and resources provided by DayTraders.com, including simulated trading environments, are for educational purposes only. We do not offer real-money trading accounts, and no actual funds are deposited with or traded through our platform. Past performance is not necessarily indicative of future results.
Services are exclusively for non-professional traders.