01
Place a paper order
- What you see
- The depth-of-market ladder with bid and ask sizes at each price, and buttons to buy, flatten or sell.
- What you can do
- Every order, paper today, passes the same pre-trade risk checks before it reaches the book.
Practise with simulated money, and see the risk you carry
Simulated orders on live prices with costs, latency and partial fills, a paper book with realised and unrealised profit and loss, and portfolio analytics from exposure to value at risk. Nothing reaches a broker.
How you work in this area
02
The paper book
- What you see
- Open positions with side, size, average price, last price and change, and how many are in profit.
- What you can do
- Follow the paper book as prices move, position by position.
03
Portfolio risk
- What you see
- Largest position, gross and net leverage, concentration by asset class, sector and correlation cluster, volatility, loss limits, drawdown, VaR, CVaR and a stress loss.
- What you can do
- See how close the book is to its limits before you add to it.
04
The equity curve
- What you see
- Net asset value, profit and loss and drawdown of the paper account over time.
- What you can do
- Compare strategy versions on their paper forward track.
Every function in this area
Taken from SwiftTrade's feature register, with the plan each belongs to and its state today. Nothing is on sale yet: during the test phase SwiftTrade is free.
| Function | What it does | Plan | State | Limit |
|---|---|---|---|---|
| Paper trading | Simulated orders on live prices with costs, latency and partial fills; nothing reaches a broker. | Free | Available | — |
| Portfolio overview | Positions, realised and unrealised P&L of the paper book. | Free | Available | — |
| Portfolio analytics | Exposure, value at risk, expected shortfall, drawdown, correlation and concentration. | Pro | Available | — |
What to keep in mind
SwiftTrade starts in paper mode. Live execution needs the operator's server switch and a typed confirmation for each session, and the emergency stop is always one click away.
The equity curve of a paper account is not a performance record, and simulated fills can differ from real ones.
SwiftTrade gives no investment advice and manages no money.
See it in the terminal
The terminal runs in your browser during the test phase, with paper trading and nothing to install.