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Keil MDK is now available as a completely free edition which is targeted at hobbyists, makers, students, academics, and for evaluation purposes.
The MDK-Community edition has no code size limits and supports all non-commercial use cases.
For more information, see https://www.keil.com/pr/article/1299.htm
Hi Bill,
The basic uVision instruction set simulator is supported. However the licensed FVPs are not (they are enabled with MDK Professional Edition).
https://www2.keil.com/mdk5/simulation
https://www2.keil.com/mdk5/selector