Paper trading
Paper trading is simulated trading. ReplayBureau’s live paper trading lets you place simulated trades against live market prices without using real money.
What live paper trading includes
- Simulated paper accounts that are separate from your historical replay sessions.
- Trades are filled against live prices: buys at the ask and sells at the bid.
- Stop loss and take profit on positions.
- Partial profits and breakeven (Essential and Plus).
- Available on every plan, including the free Basic plan.
What “live” means
“Live” refers to the market prices used. It does not mean real-money execution. All activity in live paper trading is simulated, and ReplayBureau does not execute real-money trades.
Backtesting versus live paper trading
| Backtesting (replay) | Live paper trading | |
|---|---|---|
| Market data | Historical candles, replayed | Live prices |
| Pace | You control the replay | Real time |
| Money | Simulated | Simulated |
Important to know
- Virtual balances, orders, profits and losses have no cash value and cannot be withdrawn.
- ReplayBureau is not a broker and does not hold trading capital.
- Paper-trading results do not guarantee success in real trading.
ReplayBureau is a simulation and analysis tool, not a broker. Simulated balances, profits and losses are not real money, and backtesting or paper-trading results do not guarantee future performance.
More about ReplayBureau
- FeaturesReplay, simulated trading, journal, statistics and more, in one list.
- How it worksFrom creating a session to reviewing your results, step by step.
- BacktestingCandle-by-candle historical replay with simulated orders.
- Trading journalAuto-filled trade facts plus your own notes and tags.
- Prop firm challenge practiceProfit target, drawdown, consistency and trading-day rules.
- Markets and dataInstruments, history windows and timeframes by plan.
- FAQAnswers about plans, data, accounts and limitations.
- PricingBasic, Essential and Plus plans compared.
- AboutWhat ReplayBureau is, and what it is not.