You are here: Manage Account > Settings > Paper Trading > Account Management for a Paper Trading Account

Account Management for a Paper Trading Account

When you use a paper trading account, you have limited access to Account Management functions. With a paper trading account, you are limited to the following Account Management menus and functions:

Paper Trading Account Reset

All paper trading accounts start with 1,000,000 USD of paper trading equity. You may reset this equity at any time using the Paper Trading Account Reset page in Account Management.

To reset your paper trading account

  1. Log into Account Management with your paper trading account username and password.
  2. Click Trade.The Paper Trading Account Reset page opens.
  3. In the Select Reset Amount list, select the amount of equity you wish, then click Back. A page verifying your request appear.
    Reset requests received by 1600 hours ET are processed by the next day.

WebTrader

The Trade > Webtrader menu item launches WebTrader, Our HTML-based trading platform designed for traders who prefer a less complicated trading environment. WebTrader opens in a new browser window. Login with your account username and password.

Paper Trading Activity Statements

The Paper Trading Activity Statements page lets you view and print daily statements for your paper trading account, and download trade information to Microsoft Word and Microsoft Excel. Daily statements cover the last 45 days.

To view and print paper trading activity statements

  1. Log into Account Management with your paper trading account username and password.
  2. Click Reports, then click Activity. The Activity Statements page opens.
  3. In the Date list, select one or more dates:
  1. In the Format list, select HTML/Web to view the statement in your browser.
  1. In the Language list, select your preferred language.
  2. Click View.

Activity Flex Query

The Activity Flex Queries page lets you create highly customized report templates for Activity Statements. Flex Queries let you specify exactly which fields you want to view in your Activity Statement, the time period you want the report to cover, the order in which you want the fields to display, and the format, TEXT or XML, of the report.

You can create multiple templates with different fields for each statement. All of your templates are stored in Account Management, and can be easily run from the Activity Flex Queries page. An Activity Flex Query is different from an Activity Statement customized template in that you can customize a flex query at the field level, allowing you to include and exclude detailed field information. Activity Statement customized templates only let you include and exclude sections.

You can also add default Flex Queries for Trades and Positions, then use those queries as the basis for your own by editing them.

Trade Confirmations Flex Query

The Trade Confirmations Flex page lets you create multiple, customized report templates for trade confirmations. A trade confirmation Flex query lets you specify the exact fields you want to view in your report, the time period you want the report to cover, the order in which you want the fields to appear in the report, and the display format for the report. You can create multiple Flex Queries with different fields for each query. All of your Flex Queries are stored in Account Management.

You can also add a default Flex query, then use it as the basis for your own by editing it.

Change Password

Use the Change Password page to change your paper trading account password.

To change your paper trading account password

  1. Log into Account Management with your paper trading account username and password.
  2. Click Manage Account> Security. The Change Password page opens.
  3. Type your current password, then type your new password. Choose a password that is from six to eight characters long and contains at least one number and no spaces.
  4. Retype the new password.
  5. In the Confirmation Number field, type the confirmation number from the email you received.
  6. Click Submit. The password change is effective immediately.