This simulated account will provide some virtual funds and real foreign exchange quotations. Some accounts have no time limit, and some accounts are valid for about one month. After the account expires, you can apply again.
You need an online trading platform before you start. It's very important that you like it, it's easy to use, and its basic functions are similar. It can be downloaded for free on the websites of most foreign exchange brokers in Britain and America. Not only that, some platforms will deliberately attach free training courses and online lectures to try to attract customers.
The process of each family is similar, online registration, download and installation. These websites and platforms generally have simplified and ordinary versions, as well as long-distance toll-free calls in Chinese, so don't worry if you can't understand or find someone to ask. Some of them also include real-time foreign exchange news and free foreign exchange technical analysis software. If it is difficult to use, you can also press the help button in the upper right corner of the platform, a real-time chat function similar to QQ, and communicate with China customer service staff online. Personally, any foreign exchange company can provide platforms and services comparable to its two cousins in the market; It is much more intimate and interesting to be a platform for stocks or futures.
How to apply?
1. Log in to official website, a brokerage firm, or its approved IB website.
Second, the download platform.
In addition to directly asking customer service, you can also apply for it yourself. The latter is the mainstream of applying for an account.
After the application form is submitted, the customer will receive an email with the title of confirmation letter of broker's simulated account. Including the simulated account user name and initial password, log on to the trading platform.
How to practice?
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.
skill
Familiar with the simulation platform, but this does not mean that you have completely and correctly understood the real transaction and the corresponding risks. We should operate steadily, strictly control risks and concentrate on research, which is also responsible for ourselves.