Paper trading is a real-time simulation environment where you can test your code. You can reset and test your algorithm as much as you want using free, real-time market data. Everything on the broker side behaves the same way as the live account except the orders aren’t routed to the real exchanges. Instead, the system simulates the order filling based on the real-time quotes.
Test your trading strategies before you trade. Our simulated trading account allows you to test your strategies in real-time – without risking your capital. You also have access to one of the industry’s largest historical market databases, allowing you to back-test your stock, options, and futures trading strategies on decades of historical market data.