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Zero Risk. Full Signal.

Test Live.
Risk Nothing.

Paper trading runs your strategy on real market ticks from your MT5 broker — with simulated spread, slippage, and commission. No synthetic data, no surprises when you go live.

Powered by your MT5 broker · No real money at risk
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Why paper trading uses your real MT5 account

Paper bots subscribe to live price feeds from your actual broker — the same ticks your live bots use. This means realistic spreads, real symbol availability, and zero adjustment period when you switch to live. No synthetic prices, no surprises.

Real broker ticks
Actual symbol access
Instant live upgrade
EURUSD Trend Bot
Strategy v2 · H1 · 0.10 lots
PAPER · RUNNING
$10,347
Simulated Balance
+$142.30
Floating P&L
28
Total Trades
64%
Win Rate
Open Positions (Paper)
EURUSD BUY 0.10 lots Entry 1.0842 → 1.0871 +$29.00
EURUSD BUY 0.10 lots Entry 1.0858 → 1.0871 +$13.00
Simulated slippage + spread applied on every open and close

How Paper Mode Works

Not a simplified simulation — a full strategy engine run against live market feeds with realistic cost modeling.

Your Broker's Real Ticks

Paper bots subscribe to the same live price feed as your live bots — real ticks from your actual MT5 broker, not synthetic or delayed data.

Realistic Cost Simulation

Spread, slippage, and commission applied on every simulated trade. Results reflect what you'd see in a live account — no rosy assumptions.

Full Trade History

Every simulated trade is recorded with entry/exit prices, P&L, commission, and swap. Analyze results before committing real capital.

One-Click Live Upgrade

Paper and live bots share the same MT5 account. When you're ready to go live, flip the mode — no reconnection, no setup, no learning curve.

Paper vs Live

Paper mode uses the same strategy engine as live bots — the only difference is where orders go.

Feature
Paper Mode
Live Mode
Real market data
Full strategy engine
Spread + slippage modeled
Trade history recorded
Bot-level equity SL/TP
Requires MT5 broker
Real money at risk
MetaApi connection

When to Use Paper Trading

New Strategy

Just built a strategy? Run it in paper for 2–4 weeks before committing real capital.

After AI Improvements

AI suggested changes to your strategy? Validate them in paper before applying to live bots.

New to ForgeAlpha

Connect your MT5 account and start risk-free — paper bots behave identically to live ones, so there's no pressure while you learn.

Testing a New Symbol

Moving to a different pair or instrument? Paper trade it first to understand its characteristics.

Your broker's data. Zero capital at risk.

Connect your MT5 account, build a strategy, and let a paper bot run it on live market ticks — the same feed your live bot will use. When the results look good, go live in one click.

Start Paper Trading Free