Test a strategy live, without risking capital

How it differs from live trading

Paper trading uses the same strategy engine and the same signals as live trading, but every order is simulated against a virtual balance. No order is ever sent to a broker, and no real capital is ever at risk. The interface clearly labels a paper account as simulated at all times.

What it’s for

• Observing how a strategy behaves against live, moving market data — not just historical data
• Catching implementation issues before committing real capital
• Building confidence in a strategy’s risk profile over time

What’s simulated

• A configurable virtual starting balance
• Market, limit and stop order simulation, where supported
• Fills using the same fee and slippage assumptions as backtesting
• Virtual positions, P&L and a full paper trade history

Controls

Paper strategies can be started, paused and stopped independently of live strategies, and a paper account can be reset with explicit confirmation — useful when starting a fresh evaluation period.