Simulator Available with an Add On Subscription

Paper Trading Simulator

The Warrior Trading Paper Trading Simulator allows traders to practice trading using virtual currency.

You will have the ability to trade USA Equities Markets as well as the US Options Market. Traders gain experience without risk, and can learn to minimize losses.
Feature image

Real-Time Level 2

We have worked directly with NYSE and NASDAQ to give traders direct access to Level 2 Quotes and instantaneous order execution.

Feature image

Replicate Reality

Our simulator is based on the same software used with some brokerage accounts except that all trades are simulated. This means you can train in real-time conditions.

Feature image

Advanced Reporting

Know your metrics! We aggregate all of your trading data to produce your performance reports.

Feature image

Start with $100k in Buying Power

Trade with $100k in virtual buying power, or request a balance similar to what you would use. Test your strategies safely before trading with real money.

Ready to get started?
The Warrior Trading Paper Trading Simulator is available as a standalone subscription or as an add-on with any of our Memberships.
Windows operating system required. More information.
The Warrior Trading Simulator
Already using the Paper Trading Simulator?
See the support guide:

Warrior Trading's robust trading simulator platform provides traders with the most realistic Trading Simulator environment. This unique platform offers REAL-TIME data from NYSE and NASDAQ. The data feeds include Level 2, Time & Sales, and Charts. Unlike simulators based on historical data, real-time data allows you to practice trading the markets side by side with our instructors and mentors in our Chat Rooms.

The Warrior Trading Simulator platform allows traders to see their metrics and performance.

image
1 Minute Stock Chart
You should not underestimate the value of paper trading and training before you trade with real money.

Trading in a simulator allows for learning and mistakes. Most new traders make mistakes (Ross lost more than $30k in beginner mistakes), and learning to trade in a simulator prevents losing real money. Traders can safely test various trading strategies and get a feel for the market.

After the first month, a trader ideally should be able to focus on 1 or 2 strategies that are best suited for their personality and their risk preferences. Warrior Trading encourages traders to develop their own strategy as part of their trading education.

image
Metrics Aptitude
No one should trade with real money until they have proven they can be successful in a simulated environment. If a trader can't generate consistent profits in the Simulator, they shouldn't be trading with real money.

While there are many paper trading platforms, the Warrior Trading Paper Trading Simulator offers advantages that many others don't. It allows traders to practice the same hot keys and strategies they might expect to use while trading on the live market. You'll be able to make hotkeys for going long or short, create stop orders and profit targets, set a stop at breakeven, and cancel all orders with the ability to use an offset to guarantee fills in a fast moving market.

Read: The Top 3 Best Online Trading Brokers

image
Options Screen
Traders should prove profitability in a simulator BEFORE using real money. There are limitations to be aware of. Paper trading does not accurately reflect:
  • Real-market slippage
  • Availability of shares to borrow
  • Emotions experienced with real money
Supplement your simulator practice with trading education. Learn from our courses on risk management, trading psychology, managing losses, and more. See Membership Options