Forex Tutorials – Forex Trading Simulator Review
Forex Tutorials — Forex Trading Simulator is the premier app for learning the basic of the foreign exchange (forex) currency markets. Beginners and those early in their trading careers might benefit greatly from the information the app offers.
The app provides 100% free access to educational materials as well as a trading simulator. The Forex Tutorials platform does not require registration. All functionality, including demo account trading, interactive charts, and other content like educational and training materials, are instantly available once the app is installed.
The advantages of trading FX
Forex Basics: major currency pairs, how to read quotes, and factors that influence exchange rate
- How to read charts and see trends
- What are candlesticks?
- How to open a trade
- What is leverage and can it be used?
- Stop losses and take profits
- Example commodities trade: influences on price
- Example stock trade: execution, and influences on price
- Timing: best and worst days to trade
- Getting Started: choosing a broker and opening a demo account
- “Going live:” switching from a demo account to a real one
- Social trading and tips from professionals
- Account types, trading platforms, fees, and spreads