Interactive brokers simulated trading account updating


27-Nov-2014 05:48

If you do not want to be locked in one broker, then a multi-broker trading platform is your best day trading simulator option.These powerful trading platforms allow you to simulate day trading with the possibility of using multiple brokers.Trade Station is a direct access broker with a full-featured trading platform.

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This means that you can hone your skills with one platform, but maintain the option to trade with some reputable brokers. It has advanced charting, custom indicators, and chart trading. It is useful for aspiring day traders who have day jobs.

For experienced day traders, finding the best day trading simulator is also crucial for testing out new day trading strategies.

While there are many ways to simulate day trading, it is not easy to obtain the realistic experience of real-time day trading.

However, the price tag is rather hefty at 9.95 per month for simulated trading only.

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You can sign up for a brokerage account and fund your account with ,000 to get the same platform for free.It records your simulated trades and provides performance review. It replays the charts so that you can hone your day trading skills outside trading hours.