Novice investors want to know what is simulated foreign exchange trading? In fact, simulating foreign exchange trading is easy to understand, that is, investors can open a simulated foreign exchange trading account and then use such an account to conduct foreign exchange trading. At present, a large number of foreign exchange brokers can provide investors with the advantages of simulating trading accounts. Investors can choose a reliable one from many brokers and then apply for opening a simulated trading account. After that, you can generally use a simulated trading account for free, so that you can simulate foreign exchange trading.

What are the similarities and differences between simulated foreign exchange speculation and real-time foreign exchange trading?

Many investors want to know the difference between simulated foreign exchange speculation and real-time foreign exchange trading because they want to find out whether simulated foreign exchange trading is really helpful to investors and whether it is different from real-time trading. First of all, investors should know that there is basically no difference between a simulated foreign exchange trading platform and a real-time trading platform. The only difference between the two is that in simulated trading, investors use virtual funds, while in real-time trading, investors use their hard-earned money, so when investors lose money in simulated trading, they don't have to worry, because they only lose virtual funds, and when investors gain income in simulated trading, they can't extract such income. But in the real-time trading account, investors' trading funds, whether gains or losses, will have a certain impact on the account. So the funds are simulated foreign exchange speculation and real-time foreign exchange. However, when simulating foreign exchange trading and real-time foreign exchange trading, investors' trading psychology may be different. You know, when investors use their real funds for foreign exchange transactions, they may feel very uneasy or cautious, but in simulated transactions, investors may not feel this way. There are many similarities between simulated foreign exchange speculation and real-time foreign exchange trading. They allow investors to use different foreign exchange trading analysis tools, investors can choose from different foreign exchange trading indicators and charts, and investors have the opportunity to choose the charts and indicators that are most beneficial to them to analyze market trends. In addition, investors can also use different strategy of foreign exchange and different foreign exchange trading skills in their trading platforms when simulating foreign exchange speculation, which is the same.