SIM
No Real Order Routing
Paper trading stays simulated inside Nelo Trade; real exchange order routing is not used for paper orders.
FREE PAPER TRADING SIMULATOR
Free Paper Trading Simulator for Stocks, Crypto & Forex
Practice supported stocks, crypto and forex with a Nelo Trade virtual balance and market data. Test market, limit and stop orders, long and short positions, leverage controls, TP/SL protection and position management without routing real-money orders to an exchange.
✓ Virtual balance✓ Simulated execution✓ Real order routing OFF
Virtual account · simulated executionIllustrative paper-trading preview
REAL MARKET DATA · REAL ORDER ROUTING OFF
DATA
Real Market Data
Practice against current market data while keeping account balance and executions virtual.
RISK
Leverage & Risk Controls
Selected leverage is checked against instrument-specific limits and risk metadata instead of one global hardcoded cap.
HIST
Positions, Orders & History
Review open positions, open orders, completed orders, trade history and paper-account assets in one workspace.
SIMULATED TRADING WORKFLOW
Practice the Full Order and Position Lifecycle
Paper trading is not just a buy/sell button. Nelo Trade lets you practice order entry, trigger-based orders, leverage selection, position protection, partial closes and review the resulting orders and trades inside the same analysis workspace.
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Virtual Trading Balance
Practice with Nelo Trade virtual funds instead of real money. Paper trading is simulated inside the platform and does not route real orders to an exchange.
Trading WorkspaceMKT
Market Orders
Open simulated long or short positions using the current server-side market price and track the resulting paper position.
Trading WorkspaceLMT
Limit Orders
Create paper limit orders, monitor them while they wait for a fill and review fill price, quantity and completion state.
Trading WorkspaceSTP
Stop Orders
Use simulated stop orders with trigger prices and follow the order from waiting-for-trigger state through execution.
Trading WorkspaceTP
Take-Profit & Stop-Loss
Add or replace TP/SL protection for paper positions and choose how much of a position the protection should cover.
Trading Workspace%
Partial Position Management
Choose a percentage of an open paper position to close and execute the selected portion at the current server-side market price.
Trading WorkspacePAPER ACCOUNT MANAGEMENT
Track the Results of Every Simulated Trade
Review open positions, open orders, order history, trade history and account assets. Cash balance, reserved funds, available balance and used margin remain visible so the simulated account behaves like a structured trading workflow instead of a simple PNL calculator.
Trading Workspace✓ Market, limit & stop paper orders✓ Buy/long & sell/short direction✓ Instrument-aware leverage limits✓ Take-profit & stop-loss protection✓ Partial position closes✓ Open order management✓ Order & trade history✓ Cash, reserved, available & margin state
PAPER TRADING FAQ
Paper Trading Questions
What is paper trading?
Paper trading is simulated trading with virtual funds. It lets you practice order entry, position management and trading workflows without sending real-money orders to an exchange.
Does Nelo Trade paper trading use real money?
No. Nelo Trade paper trading uses a platform-managed virtual balance. Paper orders are simulated and real order routing is off.
Which paper order types are available?
The current Nelo Trade paper workflow includes market, limit and stop orders, long and short direction, leverage controls, take-profit and stop-loss protection, position closing and paper order/trade history.
Can I paper trade stocks, crypto and forex on Nelo Trade?
Nelo Trade is designed for paper trading across supported stock, crypto and forex instruments. Instrument availability depends on the market-data provider and Nelo Trade instrument registry.
Is Nelo Paper the same as a broker demo account?
No. Nelo Paper uses a platform-managed virtual balance. It does not use a provider demo balance, although supported providers may supply market data, instrument metadata and trading rules.