Understanding Real and Simulated Forex Prices

2023-09-05
Summary:

A broker offer entails real funds, risks, and profits/losses. Simulated accounts offer virtual funds for users to practice platform operations without actual gains or losses.

In forex trading, real offers and simulated offers are two commonly used trading methods.


Real trading refers to the real trading environment where you use your own funds to engage in the real trading of forex. This means that you need to first open a real forex trading account, deposit a certain amount of funds into it, and then conduct actual trading operations through the trading platform. Real trading is real, so you will bear the real trading risks and may gain profits or suffer losses. Real trading allows you to truly experience the volatility and risks of the forex market, helping you become a more experienced trader.

Solid transactions are mostly conducted in US dollars. When people deposit money through bank cards, the system will automatically convert RMB into US dollars, and the exchange rate for each forex platform is different.


Simulated trading is a simulated trading environment, also known as virtual trading. You can conduct simulated trading by opening a simulated account, which will provide virtual funds for you to conduct trading operations. Simulated trading usually uses the same trading platform as real trading, but the transactions you make will not truly affect the market, nor will there be real capital gains and losses. The purpose of simulated trading is to enable you to conduct simulated trading operations without actual funds in order to familiarize yourself with the functions and operations of the trading platform and to practice your trading strategies and skills. In simulated trading, you can try different trading strategies, observe market fluctuations, and understand trading changes and risks without worrying about actual capital losses.


Virtual trading is also conducted in US dollars, but this money is not really fake funds, so everyone doesn't feel distressed when trading. Virtual trading is all fake, so the platform will not throw orders into the market. Note: There may be differences in the prices of simulated and actual offers on some platforms.


Both real and simulated trading have their own advantages and uses in forex trading. Real trading allows investors to truly experience market fluctuations and risks and obtain true trading results and profits. Simulated trading allows investors to practice and test in a risk-free environment, familiarize themselves with the operation of trading platforms, try different trading strategies, and improve trading skills and confidence.


Disclaimer: This material is for general information purposes only and is not intended as (and should not be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by EBC or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person.

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Disclaimer: EBC Financial Group explicitly does not participate in any cryptocurrency activities or offer Crypto Contracts for Difference (CFDs). Our financial services solely pertain to traditional instruments. Clients are advised that any references to crypto-related services using the EBC name are inaccurate and unauthorized. Any reference to past performance is not indicative of future performance. The information contained in this website is provided for reference only and does not constitute any investment advice.
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Compliance Disclosure：The website can be accessed globally and is not specific to any entity. Your actual rights and obligations will be determined based on the entity and jurisdiction that you choose to be regulated.There may be local laws and regulations which prohibit or limit your rights to access, download, distribute, disseminate, share or otherwise use any or all of the documents and information published on this website.
Risk Warning: Trading Contracts for Difference (CFDs) are complex financial instruments and come with a high risk of losing money rapidly due to leverage. Trade on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade Forex and CFDs, you should carefully consider your trading objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial trading capital. We recommend that you seek independent advice and ensure you fully understand the risks involved before making any investment decision. Please read the relevant risk disclosure statements carefully before trading.
EBC Financial Group is a co-brand shared by a group of entities including:
EBC Financial Group (SVG) LLC is authorized by the St.Vincent and the Grenadines Financial Services Authority(SVGFSA),and the company registration number is 353 LLC 2020. with registered address at Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines.
Other Relevant Entities
EBC Financial Group (UK) Limited is authorised and regulated by the Financial Conduct Authority. Reference Number: 927552. Website: www.ebcfin.co.uk
EBC Financial Group (Australia) Pty Ltd (ACN: 619 073 237) is authorised and regulated by the Australian Securities and Investments Commission (Number: 500991). EBC Financial Group (Australia) Pty Ltd is a related entity of EBC Financial Group (SVG) LLC. The two entities are managed separately. The financial products and services offered on this website are NOT provided by the Australian entity and no recourse against the Australian entity is available.
EBC Financial Group (Cayman) Limited is licensed and regulated by the Cayman Islands Monetary Authority (Number: 2038223). Website: www.ebcgroup.ky
Business Address: The Leadenhall Building, 122 Leadenhall Street, London, United Kingdom, EC3V 4AB. Email Address : [email protected]. Telephone : +44 20 3376 9662
Disclaimer: EBC Financial Group explicitly does not participate in any cryptocurrency activities or offer Crypto Contracts for Difference (CFDs). Our financial services solely pertain to traditional instruments. Clients are advised that any references to crypto-related services using the EBC name are inaccurate and unauthorized. Any reference to past performance is not indicative of future performance. The information contained in this website is provided for reference only and does not constitute any investment advice.
Regional Restrictions: EBC does not offer any services to citizens and residents of certain jurisdictions including: Afghanistan, Belarus, Burma (Myanmar), Canada, Central African Republic, Congo, Cuba, Democratic Republic of the Congo, Eritrea, Haiti, Iran, Iraq, Lebanon, Libya, Malaysia, Mali, North Korea (Democratic People's Republic of Korea), Russia, Somalia, Sudan, South Sudan, Syria, Ukraine (including Crimea, Donetsk, and Luhansk Regions), the United States, Venezuela, and Yemen. For more information, please check out our FAQs.
Compliance Disclosure：The website can be accessed globally and is not specific to any entity. Your actual rights and obligations will be determined based on the entity and jurisdiction that you choose to be regulated.There may be local laws and regulations which prohibit or limit your rights to access, download, distribute, disseminate, share or otherwise use any or all of the documents and information published on this website.
Risk Warning: Trading Contracts for Difference (CFDs) are complex financial instruments and come with a high risk of losing money rapidly due to leverage. Trade on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade Forex and CFDs, you should carefully consider your trading objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial trading capital. We recommend that you seek independent advice and ensure you fully understand the risks involved before making any investment decision. Please read the relevant risk disclosure statements carefully before trading.
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