> ## Documentation Index
> Fetch the complete documentation index at: https://docs.turbo.co/llms.txt
> Use this file to discover all available pages before exploring further.

# Paper trading

> Practice on live markets with virtual money before you put real money in.

Paper trading lets you trade Turbo's live markets with virtual money. Orders fill on a simulated exchange, so nothing is at risk — and nothing you make is real either.

## Starting a paper account

Turn it on from your profile: pick a starting balance and Turbo creates a paper account for you. While paper mode is on, a banner at the top of the app says so, and every order you place uses virtual cash.

## What's real and what isn't

* **Real:** the markets, the live prices, and the order screens. Paper trading uses the same markets and the same flow as live trading.
* **Not real:** the balance, the profit and loss, and the fills. Fills come from a simulated exchange, not the live order book, so a paper fill is not proof that the same order would fill live at that price.
* Paper trades never touch your real balance or your real positions.

## Topping up, resetting, switching

* **Add virtual cash** any time. It uses the same deposit screens as real money, with “Virtual cash” as the method.
* **Reset** wipes the paper account's positions, orders, and history and puts the balance back to the starting amount; the account shows how many times it has been reset. A paper account that has stopped — for example after being wiped out — has to be reset before it can trade again.
* **Switch** between paper and real money whenever you like, from the banner or your profile. Your paper account and its open positions keep running in the background while you trade live.

## Related

* [Get set up](/quickstart) — the path from download to first real trade.
* [Leverage](/leverage) — worth practicing on paper before you use it for real.


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