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A paper account trades the same instruments at the same prices under the same rules, in the same engine as a live one. Three things differ:
  • The money is not real. A paper account is funded by the broker and settles nothing.
  • A paper order is never refused for the size of the house book: it is not on it.
  • A paper account cannot be withdrawn from, and its money cannot reach a real account.

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Switch to paper

Choose Paper in the mode menu at the top of the screen. A Paper badge shows on the positions panel while you trade in paper.

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Top up your paper account

Click the gear at the top right, then Top up paper. Enter an amount and click Top up. A top-up adds play money to your paper account. Each top-up has a maximum, shown on the form.

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Start over

On the Accounts page, under Reset the paper account, click Start this account over, then Start over. Starting over closes every open position and cancels every pending order on all your paper trading accounts, then sets your paper main account back to its starting amount. Your live accounts are not touched.