WikiFX Ranking: The 5 Brokers Offering Best Day Trading Simulator Platforms in January 2023

The First WikiGlobal Demo Forex Trading Worldcup 2023 will officially start on March 1st, 2023. Trading with the demo account is very important before you trade with real money. It aims to provide a stage for participants to show their trading abilities. On the other hand, there are some solid day trading simulator platforms in the market. In todays article, we will list 5 excellent brokers that support simulated forex trading.

What are a demo account and simulated forex trading？

Forex trading is considered one of the most beneficial as well as risky business behavior in the financial market. Practice is always helpful to prevent you from losing in real trading. Simulated forex trading is trading forex in a simulated environment before trading with real money. A forex demo account is considered one of the safest ways to learn forex trading or test new trading strategies or scripts as experienced traders. A demo account is for practicing, which means you can not earn or lose anything by just trading with a demo account.

5 Best Day Trading Simulator Platforms in January 2023

Forex.com

WikiFX Score: 8.29/10

Forex.com offers one of the best free-day trading simulators. FOREX.com is the leading global retail online trading brand of Gain Capital, owned by NASDAQ-listed StoneX Group Inc. Founded in 1999. FOREX.com allows investors to trade a wide range of trading asset classes, including Forex, Spot Precious Metals, Global stock indices, China stock index, Commodity, and the US & Hong Kong CFDs.

FXCM

WikiFX Score: 8.14/10

FXCM is considered the broker with the best day trading simulator for automated trading. FXCM is an online forex broker registered in Australia. FXCM allows clients to access a huge range of trading markets, including Currency pairs, indices, commodities, metals, energy, cryptocurrencies, and stocks.....Therefore, both beginners and experienced traders can find what they want to trade on FXCM.

AvaTrade

WikiFX Score: 8.12/10

AvaTrade offers the best day trading simulator with free access to MT4/5. Traders can receive $100000 of virtual money for practicing & refining their trading strategy.

Pepperstone

WikiFX Score: 7.95/10

Pepperstone is a broker providing Forex and CFD trading services, founded in 2010 by a management team with extensive experience in the Forex and IT industries. The company is headquartered in Melbourne, Australia, with offices in Bangkok, London, UK, and Dallas, USA.

eToro

WikiFX Score: 7.51/10

Trading with eToro allows you to get a free $100,000 practice account. eToro was founded in 2007 as an online multi-asset investment platform that was easy for traders, with graphical representations of different financial instruments. Investors can trade 3,000+ financial assets in multiple categories through the eToro broker, including CFDs, cryptocurrencies, stocks, commodities, currencies, and ETFs.

Conclusion

Above are excellent brokers that we selected for you with good day trading simulator platforms in January of this year. You can check those brokers on WikiFX by yourself if you intend to know more information about them. Also, we invite you to participate in the First WikiGlobal Demo Forex Trading Worldcup 2023 which will kick off on March 1st this year to learn more about simulated forex trading. WikiGlobal prepared awards for the winners. More than $100,000 is waiting for you to win! Follow the steps and register now! https://www.wikiworld2023.com/en