The best stock market and trading simulators | 2021

The best stock market and trading simulators

January 11, 2021
1 year ago

Once you have been trained through specialized courses and have been advised on how the financial and currency markets work, it is important to start practicing before seriously operating and risking your own capital. To do this, it's recommended to use one of the fundamental tools for traders: the stock market and trading simulator.

A simulator is a software or application that allows you to learn and work by simulating the stock market, in real-time and using virtual money since the operations are fictitious, you can't lose any money. The simulator will reveal if you really like the world of trading; you will be able to put theory into practice; you will be able to familiarize yourself with the graphs and data, the gains and losses, see how you feel about those gains and losses, as well as studying and assessing what possible strategies can work better. And all of this without risking your capital.

There are simulators that allow access in real-time and others deferred access through mobile or from a computer, and others that allow both types of access. Also, there are some paid and others that are free and simulators can cover various languages, as well as English. Most specialized trading applications also have demo accounts that will allow you to do simulated trading and see how they work.

Some of the best simulators (and demo accounts) of stock and trading are:

- Naga provides a demo account with virtual funds of $ 2,500 to test and trade on the platform - from any device.

- NinjaTrader has a free simulator to practice simulating automatic strategies, using historical data to analyze past performance.

- La Bolsa Virtual is a free online trading simulator game, which allows you to familiarize yourself with trading, through versatile tools and challenges,.

- Activotrade is a simulator in which users are given € 100,000 in virtual money to use, to manage them in their securities portfolio. It has personalized support, courses, and trader programs.

- IG España provides a simulator with virtual funds of € 20,000. The main functions are quite standard, with charts and prices in real-time to Activotrade. This platform can be used from mobile devices and the interface can be customized.

- Tradertwit is a paid simulator, although its news section is very up-to-date and complete, with a very powerful training offer, a very attractive collaborative platform, and numerous interactive analyzes. It has a program of phased gamified challenges called "The Challenge", where the objective is to learn stock market concepts and how to carry out operations before starting with real currency.

-Forex Tester is a simulator that incorporates very accurate historical price data from the last 16 years and allows you to perform operations like in the real markets.

- Investopedia offers a stock investment simulator that allows you to learn the first steps to invest with virtual money. It has a simple and intuitive interface to work with.

-Bolsia is a community to invest in the stock market through simulation. It has more than 2,700 stock portfolios and stock exchange clubs, and a forum available from a community of investors to discuss and consult with other traders.

  • Forest Game is a mobile game-style simulator that can be quite a lot of fun.

Once you have practiced through these simulators, mobile games, or demo accounts (and we recommend that you do it a lot), and start to make profits with virtual money, it is time to take the plunge to a small investment with real money and start gaining real experience. Try to experiment with a few platforms and find the one you're most comfortable with.

Choosing one simulator or another depends on which one best suits your needs and your financial goals. Of course, we recommend you use the simulator for as long and as often as you need instead of trying to take shortcuts. And don't forget, a good network connection is critical!

To learn more about trading subscribe to the Trader Club and our YouTube channel where you will find strategic tools to help you train to become a financial professional.




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