Before the real foreign exchange transaction, it is necessary to open a foreign exchange simulation account to simulate foreign exchange transactions. Why should we simulate foreign exchange trading first? Let's talk about fighting and military training first. Before the confrontation between the two countries, the generals used the "sand table" to simulate the real war and formulate strategies. At the beginning of learning to fly, the ace pilot of Top Gun also used the simulated flight system to enhance his strength.

Simulated foreign exchange speculation is a simulated foreign exchange speculation platform prepared by foreign exchange brokers for novices. It is intended to be familiar with the use of the platform, master trading skills, reduce blind operation and improve the success rate of trading. With the experience of simulated trading, and then according to their own profitability, decide whether to enter the market.

How to apply for a simulated foreign exchange account?

Let's take FXCM, the largest foreign exchange retailer in the world, as an example. Tonghui International, the largest Chinese service provider in the foreign exchange industry, will introduce how to apply for a simulated foreign exchange account of FXCM:

FXCM FXCM trading software is divided into TS2 and MT4, so simulation accounts are also divided into two types: FXCM FXCM FXCM TS2 simulation account and FXCM FXCM MT4 simulation account.

FXCM FXCM FXCM MT4 foreign exchange simulation account can be applied directly on the trading software, and you can fill in the form according to the prompts. Pay attention to two points: choose the account type.

Choose Britain; Select the server, and then select fxcm-usddemo02.

Note: FXCM simulation account will expire in about one month, and investors can apply again.

How to practice the foreign exchange simulation account?

People who see the foreign exchange simulation platform for the first time are usually excited when they see the numbers flashing 24 hours a day. I downloaded several e-books and learned some K-lines and indicators, especially moving averages and MACD, and I am eager to try. After playing several simulated accounts, I felt a sense of success and didn't want to play simulated trading.

For example, in the euro/dollar chart, the euro is the benchmark currency, and the curve is upward, indicating that the euro is rising and the dollar is falling; On the contrary, the downward curve shows that the dollar is rising and the euro is falling. If the figure shows that the euro/dollar at a certain moment is 1.3050, then 1 euro can buy 1.3050.

You can see that MACD is forming a golden cross, which has crossed the zero line. You are full of joy, don't you want to be bullish? ! Buy euros in dollars, and when the euro rises to a satisfactory price, sell euros to buy back dollars, and you will make a profit!

Actually, interest is the best teacher. After installing the simulation platform, double-click the desktop icon, enter the simulation account and password, and simulate the relevant details of the platform, such as spreads, leverage, trading varieties, overnight interest, etc. You will understand naturally. You can also directly seek the help of brokerage customer service. Click on the online customer service on the website to get in touch quickly.

You may be familiar with the simulation platform, but this does not mean that you have completely and correctly understood the real transaction and the corresponding risks. It is also your responsibility to operate steadily, strictly control risks and concentrate on research.