What is the difference between paper and live trading?

Both modes use real-time market data. The only difference is whether real money is on the line.

Quick answer

Paper trading uses virtual money on real prices to practice safely. Live trading uses real funds on your connected exchange.

Frequently asked questions

Are paper-trading prices real?

Yes. Paper trades execute against real-time prices from public exchanges (OKX, Kraken) and your connected exchange when available.

Can I reset my paper balance?

Yes. The dashboard has a Reset Balance button that restores $10,000 and clears your paper trade history.

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