Practise the Process Before Using Live Funds

Simulate trades, track virtual performance and develop your process in a risk-free environment. Paper trading helps you build confidence in your strategy — without risking real capital.

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Simulated Environment: Paper trading uses simulated funds and does not fully reproduce live market execution including slippage, liquidity constraints and the psychological factors of real trading. Results may differ from live trading outcomes.
Simulated Account
£10,000.00
Virtual Balance
£10,342.80
Simulated Equity
+£342.80
Unrealised P/L
+£1,280.50
Closed P/L
12%
Risk Used Today
2 / 5
Open Positions

Open Positions

MarketDirectionSizeEntryCurrentP/L
EUR/USDLong10,0001.08201.0865+£41.58
S&P 500Short1 contract5,4205,398+£21.50

Trade Journal

DateMarketDirectionEntryExitP/LNotes
24 Jul 2026EUR/USDLong1.08201.0865+£41.58Trend continuation on 4H support
23 Jul 2026S&P 500Short5,4205,398+£21.50Resistance rejection at daily level
22 Jul 2026GBP/USDLong1.26301.2590-£31.20Stop triggered — news volatility
21 Jul 2026XAU/USDLong2,3102,325+£64.94Support bounce on daily trendline

Set Up. Practise. Learn.

1

Configure Your Account

Set your virtual balance, choose a risk profile, and define your position limits and daily loss caps.

2

Execute Simulated Trades

Open and close virtual positions. Monitor P/L, exposure and risk usage in real time as prices move.

3

Review and Improve

Track your journal, analyse your decisions, and refine your process before considering live funds.

Frequently Asked Questions

Paper trading is a simulated trading environment where you use virtual funds to practise trading. It allows you to test strategies, track performance and build your process without risking real money. It does not fully reproduce live execution conditions.

Paper trading is included with Explorer and Advanced plans. The Free plan provides access to the platform demo. See our pricing page for plan details.

Paper trading uses market data to simulate prices but may not fully reflect live execution factors such as slippage, liquidity, order fills and spreads. It also cannot replicate the psychological experience of trading with real money.

Yes. The Advanced plan supports up to 5 paper trading accounts, allowing you to test and compare multiple strategies simultaneously in isolated environments.

No. Paper trading results are simulated and do not guarantee future live trading outcomes. Real trading involves additional factors including emotional pressure, market impact and execution differences.

Ready to Start Practising?

Set up your simulated paper trading account and start building your process — no real funds required.

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