Paper Trading Account
Use this screen to configure your paper trading account or request a paper trading account.
What are paper trading accounts?
- A paper trading account lets you use the full range of our trading facilities in a simulated environment using real market conditions. The trading permissions, market data subscriptions, base currency and customer type configurations in your paper trading account are the same as in your regular account.
- You will have a separate username and login for your paper trading account.
- All new clients automatically receive a paper trading account with 1,000,000 USD of paper trading Equity with Loan Value, and this equity will fluctuate as if the trades had executed in the real market.
If you already have a paper trading account
The Paper Trading Account screen lets you:
- View your paper trading account username and account number.
- Change the option to share real-time market data subscriptions between your regular account and your paper trading account. The default is NO, your paper trading account will not use the market data subscriptions from your regular account. If your regular account has additional users associated with it, you can select which user's market data you want to share. Note that only of the accounts that share the same market data can have an active session at any given time. Click the Save button after you change this option.
- Reset your paper trading account password. Click the Reset Paper Trading Password button, and then enter a new password twice.
If you do not have a paper trading account
Older accounts may not have paper trading accounts. If you have one of these accounts, use the Paper Trading Account screen to request one. Enter a username and password to be used with your paper trading account, confirm your password and then click Continue. If we receive your request by 4:00 PM Eastern Time on any normal business day, it will be processed by the next business day under normal circumstances.
Users' Guide