Can anyone recommend a trading platform for demo trading forex, were I can place stop-limit orders, not only limit and stop orders but “stop-limit”? I want my orders only to become active when price go below or above a certain price.
Looking for demo trading platform, preferably web based solution.
I have been trying out Tradingview which I like but it doesn’t have stop-limit as far as I know. Also tried Ninjatrader but I think it is a bit expensive with market data on Ninjatrader, when this is only for demo trading.
All the demo trading platform in the market has the feature that you are looking for. Basically by using traders demo platform you will understand what the broker is actually going to give you. First of all check the broker who has stop limit in their trading features. Than start using their demo platform. You can use all of the broker that you found. After using you will understand whom should you go.
Aidobeast, I see Easymarkets got a web based trading so I will check it out.
Hello FMIND, I like Ninjatrader with all its customization but since I’m only going to demo trade now, I think the market data for Ninja Trader it is too expensive for me(I believe it is around 60$ from Kinetic? for forex data).
I had hoped that Tradingview would have the “buy stop limit”/“sell stop limit” and not only “stop” or “limit” orders because I really like their web based platform. Also looking at cTrader with a demo account from FXPIG. Lokks like they have “stop limit” option but I haven’t figured it out yet, some limit range option I dont know what is?
Just downloaded Metatrader 5, it has the “buy stop limit”/“sell stop limit” option that I want. I’ll might give it a try even if it is not web based. Thanks guys.
However much you want to argue about it, your statement that all brokers offer stop limit orders is just wrong.
They don’t.
And if someone’s methods depend on using stop limit orders, that’s going to limit their broker selection.
It’s a perfectly relevant and legitimate matter for discussion in a forex trading forum.
I feel like it should be a worthwhile thing to do, correcting some of the misinformation posted here, but it’s a pretty thankless task, overall: people are apparently more interested in being right than they are in learning something. Trading is certainly NOT a suitable activity for people who like being right all the time (because - as so often - they rarely are!).
Why do you keep repeating misinformation here all the time, LauChoKun, even AFTER other, better-informed, more experienced members have pointed out that it’s wrong?
All it adds to the forum is a problem, to be corrected.
I’m sure you’re right, but that’s my point, really: if people don’t know the basics of “order types” why are they trying to advise others about it, and then even arguing with others when it’s pointed out that they had it wrong?
It’s because of all the stuff like this that so many people say that in this forum the blind are leading the blind.
Aye, a huge drawback for a learner, or indeed any trader to not be able to recognize or acknowledge when wrong - keeps them in a bad trade - hundreds of stories from seasoned traders over the years of how that has cost them.
I suppose it’s something we all have to re-learn from time to time.
