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Paper trading lets you use the full range
of trading facilities in a simulated environment using real market
conditions. Use this page to request a
Paper Trading Account. Use this test environment to learn trading features
such as order types without risk, learn market dynamics in new exchanges
and products, and simulate and test trading strategies. When you use a
paper trading account, you have limited access to Account Management functions. Paper trading accounts are created within 24 hours under normal business
circumstances. You will be notified by email when the account is ready
Who can access the Paper Trading page?
You can access this page if you are a(n):
- Individual, Joint, Trust or IRA Account User
- Small Business Account User
- Friends and Family Group Master or Client User
- Advisor Master User Individual
- Advisor Master User Organization
- Advisor Client User Individual
- Advisor Client User Organization
- Proprietary Trading Group Master User
- Proprietary Trading Group Sub User
- Broker Master User (master account only)
- Broker Fully Disclosed Client User
- Broker Fully Disclosed Client User Organization
- Broker Non-Disclosed Client User
- Broker Omnibus Client User
- Investment Manager Master User
To open a paper trading account
- Click Manage Account > Settings > Paper Trading.
- Read the text on the page, which contains important information about paper trading accounts, then click Continue.
- Type a five-character paper trading
account username in the field provided.
- Type a paper trading account password
in the field provided. The password must be from six to eight characters
and must contain at least one number and no spaces.
- Re-type the password in the field
provided, then click Back.
The system will generate a full username for you when you click Back.
- You are prompted to click Yes
to confirm your request for a paper trading account, or click
No to cancel your request.
Be sure to write down your username and password; your password will
not be shown on the screen again.