What is paperxtrade?

paperxtrade lets you practise leveraged trading on forex, metals, crypto and US stocks using a virtual wallet. Prices follow the real market wherever we have a live source, but the money, the margin, the profit and the leaderboard ranks are all simulated.

What the platform does

• Runs an isolated-margin engine with market and limit orders, stop-loss, take-profit, liquidation, commission and funding.
• Streams 20 instruments across four asset groups, live where a data source is available and simulated otherwise.
• Keeps a virtual wallet you rebuild with daily claims, review credits and a seven-day streak.
• Publishes a leaderboard, a social feed, direct messages and optional copy (mirror) trading.

What it is not

• Not a broker, exchange, wallet custodian or payment institution.
• No deposits, no withdrawals and no way to convert virtual balance into money or crypto.
• Not investment, tax or legal advice, and not a prediction of live-market results.

Simulated fills assume your order would have been executed at the quoted price. A real venue adds spread, slippage and queue position, so live results differ.