Not every investor is ready to jump right in the water and trade stocks and options with real money. Because of this, online brokers will often offer virtual trading so clients can practice trading first.
With virtual trading, also known as simulated trading, investors are given a practice portfolio of fake money alongside access to the broker's trade platform (see our list of the best broker platforms). Using delayed quotes, clients can then trade both stocks, options, and even forex and futures if they're offered.
Then, when ready, simply fund the account and begin trading with real money. Some traders use virtual trading to test new strategies out while trading with real capital. A list of all the online brokers that offer virtual / simulated trading is below.
Published on Monday, June 27th, 2016 .