However, it’s also necessary to invest some money and read as many of the best books about financial markets and trading as you can. Our goal is to be objective, simple and your first stop when researching for a new service to help you grow your business. We will help you find alternatives and reviews of the products you already use. • See forex market trading hours at a glance for London, New York, Sydney & Tokyo. • Test and improve your knowledge of economy, finance, and fundamental analysis with our unique simulator.

10 questions that help you earn virtual $ with every correct answer. You have 10 seconds for each question and it’s a good way to strengthen your knowledge. Master the basics and learn secrets in the illustrated Forex school section. With 12 chapters and several in-depth subjects, you will learn the principles of trading with an easy-to-understand illustrated eBook.

Forex Hero Market

But you dont have any cash or scared of losing because you made mistake. This app will teach you the basic of forex mechanism in a form of game and you can use virtual money to trade. Trading with a simulator game and/or a demo account is a crucial part of the learning process.

• Many traders who understood these principles and followed the markets made a fortune from this event.
• → The key technical analysis concepts explained for dummies – Support, Resistance, Trends and trendlines, Market Structure, and more.
• You’ll find a curated selection of the best trading books in the final chapters of the school.

Features the original Trend Predictor, that teaches you how to predict the currency rates from real-life situations. Contains the most useful strategies and secret currency correlations. Contains super distilled tips, saving you months of time.

Forex Hero Funding & Investment

Most other apps and resources about trading are created by low paid copywriters. Imagine spending weeks and months learning and then losing all your money. I learned more in 6 hours using this app than weeks of learning to trade with a trader and reading books.

There are many excellent traders that I speak to on an almost daily basis, and as such – they certainly could have been considered. Going to the education sector, there are several that I really like a lot. Theoretically, if you’d start with $30k, then the 1% daily compound interest could result in total earnings of more than $368k in a year. However, if you are expecting much bigger and faster gains, you will put too much in a single trade and most likely quickly blow your account. 1% daily earnings might sound small at first, but it adds up over time if you keep compounding the profits and growing your account. Thus it’s very important to choose a broker with low spreads.

Instead, we wanted to offer something that will teach you the essentials 10X faster. More than 700 thousand people, just like you, are using this app to learn the basics and secrets of finance and trading. Don’t ever try to with this broker, or you’re gonna lose all your money. Once you made a deposit, you’re so gonna jump into their traps. Trading fees on this platform is extremely high, other additional fees also charged… You cannot even afford that at all. Trust me, put your money into other platforms that won’t frustrate you.

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So once you collect https://forexhero.info/ $200, the Trend Predictor is unlocked and the real deal can begin! You are given short descriptions of real-life situations and you have to determine which way the currency pair rate will move by pushing a button on an interactive chart. The gaming experience is accompanied by awesome audio effects. I’m honestly a twit when it comes to financial stuff, but I’ve always wanted to understand the financial news better.

Forex Hero is a trading simulator & education platform focused on forex assets. It features training sessions, fundamental analysis, demo trading, interactive quizzes, news updates, among others to assist new traders & beginners. Also, provides trading books, articles, webinars, as a reference to users.

When autocomplete results are available use up and down arrows to forex hero and enter to select. Touch device users, explore by touch or with swipe gestures. For more information, see the developer’s privacy policy. • Unlike other tools – you don’t have to worry about calculating your time zone relative to EST, etc. In an interactive and fun way and without the fluff. BlueLabel worked with the Brink’s team to consult on, design, and develop the BLUbeem™ app, a faster and more…

• WikiFX Internet and its mobile products are an enterprise information searching tool for global users.
• Unlike regular paper trading accounts, the best trading simulator games are beginner friendly and let you learn and compete together with other traders.
• The foreign exchange market is the largest and most liquid market in the world with an average daily trading volume of approximately $7.5 trillion.
• Do you want to understand and learn how foreign exchange trading works?
• Compared with a simulator game, demo accounts are usually slightly more complicated as they have a wider set of features to suit more experienced traders.

If you want to predict currency rate movements by scanning through news sites, then this is the app for you. Forex Hero is the most effective and motivating way for beginners to master forex trading and economics. As you begin your trading journey, we suggest using a simulator game to practice the very basics in a safe environment. This will complement your reading and learning through our app. Users can unlock it after earning $200 of the virtual money. This is based on 100% real-world situations and you’ll have to decide for each question what will happen with the price of the asset.

What is forex?

Forex Hero is a friendly and fun educational game for those who want to learn the basics and secrets of currency and stock trading. It features a unique trading simulator, a fun quiz, an illustrated school and an interactive market timing section to find the best times for trading. The game is free of charge, without ads and doesn’t require any investments.

Says to accept deposit and withdrawal payment methods via cryptocurrencies of Bitcoin and Tether. The minimum deposit requirement is said to be $50. S best MetaTrader4 and MetaTrader5, as well as a trading platform called Tradingview, available on desktop, mobile and the Web. Anyway, we suggest you use MT4 or MT5 as the trading platform. T directly disclose any information about the minimum initial deposit amount to open an account on its official site. Low spreads across all major, minor and exotic currency pairs.

Recognize the most influential people in the global economy by their illustrations, choose the correct terms and principles, guess currencies by their nicknames, and much more. After each Quiz session, you will have the opportunity to see the explanations for each answer, thus deepening your knowledge. With each correct answer, you will earn an additional $10 for the Trend Predictor and boost your overall score. Without a doubt, the “?hero” of mine is Rob Booker. Rob has been teaching traders for years now, and has always been known for his colorful teaching style and sense of humor.

You would have to trade consistently every working day to achieve such a result, which is not very realistic for most people. As you can see in the visualization below, 1% daily compound interest from $1,000 would result in total earnings of $12,290.99 in one year. If you have a $10,000 account, then you could try to aim for a profit of $100 per day. Reaching this $25k limit also enables traders to use higher leverages. The optimal deposit amount depends on how much you are willing to risk. An optimal starting capital is usually around $500 – $1,000.