Paper trading

Once the regular trading account has been approved and funded, a Paper Trading Account will be available. The Paper Trading Account allows traders to use the full range of CK Locke Global trading facilities in a simulated environment using real mark.

Use this test environment to:

• Learn CK Locke Global features such as order types without risk.
• Learn market dynamics in new exchanges and products.
• Simulate and test trading strategies.
• Test Application Program Interface (API) applications.

Creating a Paper Trading Account
You create a Paper Trading Account login from the Account Management menu for your production account. This service is accessed under the menu Trading Access.
Accounts are created within 24 hours under normal business circumstances. You will notified by email when the account is ready for trading.

Paper Trading Accounts have a separate password and username. To use the account, log into CK Locke Global using the user ID and password for your Paper Trading Account in the same way you would log into your regular account.
Please save and protect the PaperTrader user ID and password in the same way you would protect other confidential password information.

How It Works

Use CK Locke Global with your Paper Trading Account exactly as you would use a regular Trader Workstation (CK Locke Global) or Application Program Interface (API).
Your trading window will clearly indicate that you are working in a simulated account. If you do not see this, you are trading in your production account and will be liable for all trade entered.

Trades entered into this Paper Trading Account will not actually execute on any exchange or settle at a clearing house. However, the price of your executions will be determined by real market prices and sizes.

Trading permissions, market data subscriptions, base currency, and other account configurations are the same as specified for your regular account.

A Paper Trading Account statement will be provided each day and is available under Account Management/Report Management for your Paper Trading Account.

All customers will start with USD 1,000,000 of paper trading Equity with Loan Value, and this equity will fluctuate as if the trades had executed in the real market.
You may reset your cash equity at any time by accessing Account Management for your Paper Trading Account and selecting Trading Access/Paper Trading Account Reset. Your account will be reset to USD 1,000,000. Please note that reset requests should be entered before 16:00 ET in order to take effect for the next business day.