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Practice Stock Trading with our Virtual Forex Trading

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Also see: Common Forex Questions and Forex Quotes or return to Trade Now.

Forex currency trading can seem confusing to beginners so we've created a step-by-step guide to practice
free forex trading on our site. This will allow you to learn how to trade forex without risking any of your own money!

1. Create a FREE practice account to learn Forex:

free forex trading
  • a. Sign up here, if you haven't already, and begin to learn forex!
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2. Create a Forex portfolio:

3. Watch the Forex Quotes page:

learn forex
  • a. Visit the Forex Quotes page.
  • b. Watch for a symbol that is consistently going up (or down).
  • c. Click "Chart & Trade" for that symbol.

4. Research on the Forex Charts page:

  • a. Example: EUR/USD Chart page.
  • b. Look at the 3-month, 1-month, Today, and Streaming Charts for that symbol.
  • c. Decide to Buy if the rate is going up or Sell if it is going down.
       Note: You can have negative "shares" by selling, which is like Short Selling for stocks.

5. Trading Option #1: On the Charts page:

learn forex
  • a. First select a Forex portfolio to trade in (near the bottom of the Charts page).
  • b. Select the Amount you wish to trade (the smallest amount is fine for now).
  • c. Click Buy or Sell to place the order.

6. Trading Option #2: Quick Trade on the Account Summary page:

learn forex
  • a. Go to the bottom of your Account Summary page.
  • b. Select a Symbol to trade and watch it in the Streaming Chart.
  • c. Select the Amount you wish to trade (the smallest amount is fine for now).
  • d. Click Buy or Sell to add to or subtract from your positions.

7. Trading Option #3: Close Positions on the Account Summary page:

  • a. Go to your Account Summary page.
  • b. To close one position immediately, click the Close link on the far right.
  • c. To close several positions immediately, select their checkboxes and
    click Close Selected Positions.

8. Trading Option #4: On the Trade Now page:

  • a. Go to your Trade Now page.
  • b. Select the Amount and Symbol, just like the other trade pages.
  • c. Click Buy or Sell to add to or subtract from your positions.
  • d. In the future we will have more Order Types listed here.

Practice Forex Trading today!