How much can you trade on a demo account
He has provided education to individual traders and investors for over 20 years.
A day-trading simulator, or a demo account, might not mimic all of the pressures and risks that come with having real money on the line, but it can still be valuable for learning and honing trading strategies.
Using a day-trading simulator is a way to develop confidence in your trading decisions; you can trade without fearing mistakes. Simulators enable you to monitor market conditions and explore different charting tools and indicators.
Whether you day-trade the foreign exchange market forexstocks, or futures, there are free demo accounts available for you to try. Each company that offers a simulator uses a different type of software called a trading platform. Taking the time to explore how each platform functions will give you the chance to see which one of them best suits your trading style.
There is also an option to download data from prior days so you can practice trading with the market activity from that period. Commissions are 29 cents per micro contract through NinjaTrader for otherwise-free accounts.
OANDA's demo accounts do not expire, so you can practice for as long as you want. It also provides advanced charting capabilities.
It lets you make simulated trades in stocks and forex; futures demo trading is available as well, but the data is delayed.