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What are the benefits of gold simulation trading?
Doing simulated trading can accumulate investment experience: simulated trading is a good way to learn investment knowledge, which can help investors understand and master the basic operation and disk knowledge of spot more quickly. Investors can use the funds in the simulated account to make orders according to market changes, just like the real account. The only difference is that the simulated account does not involve real currency transactions.

Simulated trading reduces the cost of learning: before investors have the ability to trade, if they make a firm offer, they will definitely suffer serious losses. The cost of accumulating experience through firm offer is too high, but when doing simulated trading, investors do not need to bear real losses, and can easily learn investment knowledge and be familiar with the rules.

Simulated trading can detect the advantages and disadvantages of the platform: Simulated trading uses the trading system of the trading platform, and investors can detect the smoothness of the platform during the trading process. If the data on the platform is inaccurate, investors can detect it in the process of simulating the transaction, so as to avoid being deceived when opening an account.

The gold simulation trading system provides investors with free software to simulate the online trading of gold spot exchange, and provides a training stage for gold trading investors.

The gold simulation trading system provides investors with free software to simulate the online trading of gold spot exchange, and provides a training stage for gold trading investors. The gold simulation trading system provides the most realistic simulation trading, except that the trading is simulated, and everything else is exactly the same as the real trading system!

There are two main types of gold trading in the gold market, namely spot trading and futures trading. Spot gold mainly refers to gold nuggets (bricks), gold ingots, gold bars and gold coins.

Most of the gold transactions newly mined by private or gold mining enterprises are physical transactions. The gold purchased by customers can be stored and transferred by themselves, or entrusted to a gold merchant for safekeeping. Spot transactions are generally delivered immediately after the transaction or completed within two days.

Spot gold is traded at a special price, which is divided into two types in London gold market: pricing trading and quotation trading. The characteristic of pricing transaction is to provide customers with a single transaction price, that is, there is no bid-ask spread. According to the price of a single transaction, customers can buy and sell freely, and gold merchants only charge a small commission. Quoting transactions are divided into buying price and selling price.

Pricing transactions are only valid for a specified period of time, ranging from one minute to one hour, depending on the supply and demand of market customers. The price of gold in other gold markets in the world is based on the pricing level of London market, and then look at the supply and demand situation in this market. Gold futures trading is not delivered immediately after trading, but both parties sign a contract, pay the deposit and then deliver on the scheduled date.