About Varcity FAQ
Varcity is a trading simulator with real-time market data that helps traders at all levels develop great skills through forward testing, quantitative trading metrics and our Varcity Trading Index™ (VTI) performance rankings.
What do you mean ‘Great Traders are Made’?
It used to be that an ivy league pedigree was essential for a career in trading or an office on Wall St, but now anyone, anywhere, can become a great trader. In fact, we believe great traders are made and Varcity was created to facilitate a path to become a great trader by:
Giving everyone access to our enterprise-grade trading simulator for educational purposes, with real-time data, analytics, and learning resources.
Giving everyone access to the Varcity Trading Index (VTI), a powerful evaluation tool that assesses real-time demo trading performance.
Giving everyone access to the Varcity Network for mentorship and community support.
Read more about our principled approach on Medium.
Can you give me advice on my trading plan?
Varcity is a trading simulator with real-time market data that helps traders at all levels develop great skills through forward testing, quantitative trading metrics and our Varcity Trading Index™ (VTI) performance rankings. You can use the platform to test your skills and your own trading plan, however, Varcity will never provide you with any trading advice. For more information please visit our Terms and Conditions or email support@varcity.io.
Does Varcity offer swap-free accounts?
Varcity has currently released Version 1.0 of our demo trading platform with two types of accounts: Basic and Pro. We will be releasing more account types, including swap-free and Islamic, in future versions.
What are the benefits of using Varcity's trading simulator compared to others?
Real-time L1 and Order Book
Instant analytics and quantitative performance metrics
VTI
Trade a portfolio of instruments: Forex, Crypto, Equities, Futures and Indices.
You do not need to open up an account at a brokerage to use Varcity.
Varcity also simulates live trading by adding the same type of fee structure that an exchange and/or brokerage may charge, except all our simulated fees use virtual funds. These simulated fees include:
Holding margin on open positions
Commissions
Interest
Ability to hold positions overnight and long-term