Feature
Paper trading
Run strategies on live market prices with simulated fills, so you can see how they behave today without placing real orders.
Paper mode runs a strategy on live market data exactly as live mode would, but the orders are simulated: no money moves and nothing reaches your broker. It is the step between a good backtest and real trading.
Why paper trade
- See how the strategy reacts to today's market, not just history.
- Check that signals fire when you expect, at the times you expect.
- Build confidence in the exit rules before they manage real positions.
Switching to live
Each strategy has a Paper / Live switch. Paper simulates fills against the same signals; Live places real orders in your broker account. Moving a strategy to live requires a plan that includes live execution.
How many strategies you can paper trade at the same time depends on your plan.
Start free. Upgrade when you go live.
Build and backtest your first strategy on the Free plan - no card needed.