Question by R Hammond: Foreign Exchange Simulation Software (Australia)?
Any good forex simulation software recommended by day traders / brokers in Australia, that’s different from the rest?

Best answer:

Answer by Mandarin
Forex Tracer + MetaTrader 4
Very compatible, powerful and easy to work with.

A lot of forex trading has to do with dynamically monitoring the forex markets and alerting on profitable spreads. With the trading day beginning in Sydney, it’s crucial that I have the tools and the decision data at my fingertips. This combination works for me like a financial charm.

The Tracer’s good for simulating currency trading and in real life trading as well. You learn:
- how forex markets work
- how to optimize returns vis-a-vis risks
- how to optimize your portfolio of personal accounts held in foreign currencies

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