Learn about currency trading without the risk using online games.
Learning find success in currency trading can be a scary task. You don't want to jump in without experience and lose a bunch of money just to find your way around the currency trading world. Many online currency trading companies offer risk-free currency trading games so you can learn and hone your skills before trading with real money. You won't make any money this way, but you won't lose any, either.
FXGame
With currency trading games, you'll be a pro in no time.
FXTrade offers a risk-free game simulation of its popular currency trading platform. You can sign up for a free account and practice trading currency in real time with real numbers using the exact same platform you would use to trade real currencies with FXTrade. You can access all the data you need to make educated choices about which currencies to trade at which times. FXGame gives you access to the same analytical tools and charts that the FXTrade pros use to trade real currencies.
Classroom-Based Game
Will you be the next professional currency trader?
Biz/Ed offers a classroom- or home-based currency trading game. It provides worksheets, game instructions and links to important currency trading information sites for free so you can get started right away. You begin the game with $5 million to invest in various currencies over a set amount of time. At the end of the predetermined amount of time, you convert all currency back to U.S. dollars. The person who made the most money over the initial $5 million wins the game. Playing the game with a group of people offers you the opportunity to learn trading insights from multiple perspectives.
Online Currency Trading Practice Accounts
Many online currency trading sites offer free practice accounts that simulate real trading with real-time data and exchange rates. ACM offers a free practice account using the same professional trading software you would use to trade real currency online. After signing up for your free account, you get $100,000 to practice trading currency with. You get access to all the same resources and reports that actual currency traders use. This is an excellent way to test out different online currency trading services without committing to spending real cash.
Forex offers a free practice account with $50,000 to experiment with as you learn more about trade using its system. Try out a few different systems until you get the hang of it.
