Paper trading lets you use the full range of trading facilities in a simulated environment using real market conditions. Use this page to request a Paper Trading Account. Use this test environment to learn trading features such as order types without risk, learn market dynamics in new exchanges and products, and simulate and test trading strategies. When you use a paper trading account, you have limited access to Client Portal functions. Paper trading accounts are created within 24 hours under normal business circumstances. You will be notified by email when the account is ready for trading.
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. Older accounts may not have paper trading accounts.
For more information about paper trading accounts, see About Paper Trading Accounts.
The Paper Trading Account screen lets you: