Knowledge >> Comparison of our trading simulators for Metatrader 4
Since lots of people are asking about the differences between our main products, Forex Simulator and MT4 Trading Simulator Pro, here I present a comparison table to make the choice easier for you.
Forex Simulator | MT4 Trading Simulator Pro | |
---|---|---|
Data source | Dukascopy, TrueFX and broker's data from MT4 | Broker's data from MT4 |
Data quality | Tick-by-tick (high quality) | At best 1-minute (medium or low quality) |
Where it works | On offline charts | On Strategy Tester + offline charts |
Spreads | Real (variable) and fixed | Only fixed |
Instruments | Dukascopy: 33 Forex pairs, oil, gold, silver and 12 stock indexes TrueFX: 15 Forex pairs MT4: all provided by the broker | All provided by MT4 broker |
Charts | Standard timeframes Custom timeframes Renko charts Range charts Tick charts | Standard timeframes |
Use of MT4 indicators | Yes, most of them | Yes, most of them |
Time zone | GMT and New York Close | Broker's time zone |
Speed control | Pause Change speed Next bar Real-time delays | Pause Change speed |
Rewinding | Yes (candle-by-candle) | - |
Risk-based position sizing | Yes | Yes |
Visual trading | Yes | Yes |
Showing average position price | - | Yes |
Economic calendar | Yes | - |
Saving/Loading | Yes | - |
Exporting history to Excel | Yes | - |
Automatic pause | Yes | - |
Order templates | Yes | - |
Multiple timeframes | Yes | Yes |
One-cancels-other (OCO) | Yes | Yes |
Market and pending orders | Yes | Yes |
SL and TP | Yes | Yes |
Partial closing of orders | Yes | Yes |
Trailing stops | Yes | Yes |
Break-even | Yes | Yes |
Saving to HTML report | Yes | Yes |
Statistics | Yes | Yes |
Free updates | Yes | Yes |
Free demo | Yes | Yes |
Affiliate program | Yes, earn 40% per sale | - |
Price | 99 USD | Not on sale |
Website | Visit | Visit |