Learn forex fundamentals and invest in stocks with a pro stock market simulator
Forex Trading for Beginners: a currency and stock trading simulator
By Mei-Lin Chua
Contributing editor, apps and storefronts
- Simulated trades in currency pairs such as GBP/USD and USD/JPY
- Gold, oil, Tesla, Apple and S&P 500 index trades in one simulator
- Technical analysis tools and trading strategies to practise with
- Lessons on what moves forex prices and how social trading works
- Built-in trading course that ends with a quiz
- Common forex nicknames like Fiber and Cable explained
What the forex simulator is for
Forex Trading for Beginners is a simulator for buying and selling currencies and stocks without using real money. The developer describes it as risk-free, which means the trades are practice trades inside the app. It is aimed at people who want to learn how forex and stock markets work before they put money into them.
The app combines a trading simulator with a course on financial markets. Most of the content is about currency exchange, with stocks, metals, oil and an index also available to trade. Each part is covered in the sections below.
Practising currency pair trades
The simulator lets you buy and sell currency pairs such as GBP/USD and USD/JPY. The listing gives the nicknames traders use for some pairs, including Fiber, Cable and Yuppy, and explains them in the app.
The developer also presents a "5 asset rule" as a shortcut to trading success. The listing gives no detail of what the rule consists of beyond its name.
Trading stocks, gold and oil in the simulator
Beyond currencies, the simulator covers gold, oil, Tesla and Apple shares, and the S&P 500 index. These are all traded with simulated money, so you can compare how the same kind of decision plays out across different markets.
The listing's summary describes the app as a stock market simulator as well as a forex one, so stock trading is a core part of it rather than an extra.
Analysis tools and the factors that move prices
The app includes technical analysis tools and trading strategies that the developer says come from experienced traders. These are for reading price charts and deciding when to enter or exit a trade in the simulator.
Fundamentals are covered as well. The listing says the app explains what makes forex pair prices move, which economic factors matter most to traders, and how social trading can be used.
The trading course and quiz
A built-in trading school offers a course on financial markets. You work through the lessons and then take a quiz on forex trading fundamentals.
The developer also says the course includes tips and tricks used by professional traders. These are the developer's claims and have not been checked against any outside source.
What's new
- Updated Forex trading lessons
- More supported languages
About this APK
The build we hold is Forex Trading for Beginners 8.14 (APKS split bundle) for Android 8.0 and up.
- Version
- 8.14
- 2091048
- Requires Android
- 8.0+
- Target Android
- 16
- Package ID
- com.tiim.goforexx24
- Format
- APKS split bundle
- Malware scan
- Google Play Protect
- Permissions
- 21 declared · 2 sensitive
- Find accounts on the device
- Modify files on your device
- Signed by
- CN=An Hoang, O=UDN
- Certificate SHA-256
- 374be5bdc5591a58d278b884ddd9c7c80c7281c9e0b55b390ff1fd3ddae97356
You may also like
Popular
Tangem - Hardware Wallet
Tangem · Finance
TikTok - Videos, Shop & LIVE
TikTok Pte. Ltd. · Social
TikTok Lite - Faster TikTok
TikTok Pte. Ltd. · Social
Housecall Pro: Field Service
Codefied Inc. · Business
Jerry: Insurance & Car Care
Jerry, Inc. · Finance
Coursera: Grow your career
Coursera, Inc. · Education
TradingView: Track All Markets
TradingView Inc. · Finance
HTX: Buy Crypto & Bitcoin
Huobi · Finance