Live Market Quotes
Nasdaq Composite Index26151.300+0.66% (+171.109)
S&P 500 Index7677.280+0.32% (+24.420)
Risk-Free Simulator

Paper Trading:
Practice with $1,000,000 Virtual Cash

Test new trading strategies, master complex options setups, and build confidence with real-time streaming market data.

Moomoo Paper Trading Simulator

Paper Trading FAQs

Details on simulation resets, trading competitions, and virtual balance management.

Every user receives $1,000,000 in virtual cash for US Stock Paper Trading and $1,000,000 for Options Paper Trading.
Yes, paper trading uses the same ultra-low latency real-time streaming data as live brokerage accounts.
No, Paper Trading is 100% free with no deposit or account funding required.