How to Trade with Futures Simulation? A Step-by-Step Guide

Futures trading demands more experience and knowledge compared to spot trading. OKX offers futures simulation trading on both its App and Web platforms, allowing beginners to practice risk-free before transitioning to real contracts.

Key Benefits of Simulation Trading

• Zero financial risk with virtual funds
• Real-market conditions without capital loss
• Master order types (limit/market) and strategies
• Test leverage positions safely

👉 Start risk-free trading today

Mobile App Instructions

1. Access Simulation Mode

   • Tap the [Full Feature Center] icon (top-left on App homepage)
   • Select [Simulated Trading]

2. Select Contract

   • Example: BTCUSDT perpetual contract
     a. Tap the coin pair field [BTC/USDT]
     b. Switch to [Perpetual] → [USDT Contract] → [BTCUSDT Perpetual]

3. Place Orders

   • Choose [Buy/Long] or [Sell/Short]
   • Note: Tap [Return to Live Trading] (top-right) to exit simulation

Web Platform Steps

1. Enter Simulation

   • Visit OKX official website → [Trading] → [Simulated Trading]

2. Contract Selection

   • Example: BTCUSDT perpetual
     a. Click conversion button
     b. Choose [Perpetual] → [USDT Contract] → [BTCUSDT Perpetual]

3. Execute Trades

   • Select [Buy/Long] or [Sell/Short] positions
   • Tip: Click [Switch to Live Trading] (bottom) when ready

👉 Explore platform features

Managing Virtual Assets

Resetting Simulation Funds

1. Navigate to [Assets] in simulation mode
2. Long-press any digital asset
3. Select [Reset] to restore initial balance

Note: Reset requires zero open orders/positions

FAQ Section

1. Is futures simulation trading free?

Yes. OKX provides virtual funds with no deposit requirements.

2. Can I lose real money in simulation mode?

No. All trades use non-withdrawable virtual capital.

3. How long can I use the simulation account?

Indefinitely – perfect for ongoing strategy testing.

4. Do simulation trades affect market prices?

No. Your orders don’t enter real order books.

5. What’s the difference between simulation and live trading?

Identical interface, but real trading involves actual P&L.

6. Can I practice advanced order types?

Yes. Test stop-loss/take-profit and conditional orders freely.

Pro Tips for Effective Practice

1. Treat virtual funds as real capital to develop discipline
2. Experiment with different leverage levels (1x-125x)
3. Analyze failed trades to identify improvement areas
4. Track performance metrics like win rate and risk-reward ratio

Master futures trading risk-free before committing real funds.

👉 Begin your trading journey now