Forex Demo Account is important to gain trading experience without risking your money. However, any demo has a serious drawback.
Namely, a demo only works when the Forex market is open. So, most of the weekend you can not practice. Which is bad news if you have a day job.
The solution is to use special software that imitates Forex market on demand. For example our Offline Forex Simulator.
You will get such advanced features as Time Shifting, Fast Forward and Slow Motion, Tick Recording, etc. Absolutely FREE – no strings attached.
Demo closed on weekends. Forex Simulator works 24/7
The Offline Simulator plays back historical price data saved on your computer, which enables you to practice any time, anywhere – even without an Internet connection.
You wouldn’t notice any difference while using Offline Simulator, because it provides 100% market modeling quality. This is possible because it plays back historical prices strictly according to their original timestamp – with up to 1 ms accuracy!
And you have a lot of historical data to practice on: free high quality tick-by-tick market prices are available for 15 main currency pairs.
Loading ...Forex Simulator works Online, as well!
As you see, Offline Simulator is the only way to practice Forex on weekends when trading is closed and no demo account is working.
When the Forex market is open, you get access to real-time tradeable interbank prices for 10 main currency pairs. No account needed.
You can also save the price data from the live data feed. You can use it later in the Offline Simulator.
In addition, practicing with a Simulator, you can gain experience much faster. Compared to a Demo – which is time-consuming.
Here’s why.
Forex Demo Account takes time
On the contrary, practicing with the Offline Forex Simulator is very effective.
Sometimes, Forex markets can go nowhere for long. Meaning there can be no interesting price action for hours.
If you use a demo account, you only have no other option but wait. Or come another day.
With the Simulator, you can always find market action. Just select a proper test data.
The Simulator also has a Pause/Resume function. Which is obviously impossible on any demo account.
Just put the data feed on hold if you need to answer an important phone call or take a break. When you are back, resume the data feed and you won’t miss a single tick.
To analyze the market and your trades, you can use the zoom in function that shows a market snapshot with a single tick accuracy.
Bottom line, the Forex Simulator gives you all that a demo account does. But it also adds the functionality that any demo account is principally not capable of. So, the Simulator is adding a completely new dimension to your practice.
Our Forex Simulator runs on Windows.
Forex Simulator is FREE for our subscribers!
More useful links:
Open Demo Account on Forex
Forex trading how to
Forex practice videos
Forex Books
Download Free Forex Simulator
Forex Demo Account basics