Moris Nakri

Help guides by Moris Nakri

• What is paperxtrade?

  paperxtrade is a leveraged paper-trading simulator: every balance is virtual, there is no brokerage, custody or payment rail.

• The demo desk and its limits

  The demo desk needs no account and stores everything in your browser, but leverage above 10x is capped at three orders.

• Create an account and verify your email

  Registration needs an email, a password and a display name; verifying the address unlocks rewards and direct messages.

• Place your first order

  Pick a symbol, set the margin you want to risk, choose leverage, then submit a buy (long) or sell (short) ticket.

• Order types and every field in the ticket

  Market orders fill at the current mark; limit orders rest until the mark reaches your price and lock their margin meanwhile.

• Stop-loss, take-profit and closing a position

  Exit levels can be set at entry or edited later, and you can close a position fully or partially at the current mark.

• How isolated margin and leverage work

  Every position risks only the margin you allocated to it; leverage multiplies that margin into position size, from 1x to 50x.

• How the liquidation price is calculated

  Liquidation happens when the mark reaches the level where your loss has consumed the position margin down to the maintenance buffer.

• Commission and funding costs

  Commission is charged on notional at open and at close; funding is charged periodically while a position stays open.

• Where the prices come from

  Crypto is live from Binance without any key; forex, metals and US stocks are live only when OANDA or Alpaca credentials are configured, otherwise they are simulated.

• “Market data delayed” and “Market closed” explained

  A quote older than 15 seconds freezes trading on that symbol, and forex, metals and stocks also follow real session hours.

• Reading your wallet and trade history

  The wallet shows balance, locked margin, available funds and equity; the history explains every change to the balance.

• Daily claims, credits and the seven-day streak

  A verified account can top the wallet back up with a daily claim, ad and review credits, and a streak that grows over seven UTC days.

• Password, sessions and login lockouts

  Sessions last 14 days in a secure cookie; changing your password or signing out other devices invalidates every other session at once.

• Change your email or delete your account

  An email change becomes active only after the new address confirms it; deleting an account requires your password and removes everything.

• Leaderboard, following and the feed

  The leaderboard ranks desks by equity, following fills your feed with their activity, and mentions link to public trader cards.

• Copy trading, blocking and reports

  Mirroring copies a desk's new positions into yours within your own balance and limits; blocking and reporting keep your surfaces clean.