Paper trading
Free crypto paper trading on the real order book
Practise trading Bitcoin, gold, the US 500 and six more markets with simulated money, free and with no sign-up. Swiftedge fills your paper orders against the live order book, so the price and the slippage are what that order would really have got.
Open Depth or Terminal and click Paper trade (on a phone: Paper in the toolbar). Your practice account is ready at once.
How your orders are filled
A market order takes the best price and then the next levels of the live order book until it is filled. A large order gets the average price and the slippage it would really pay, and the fill shows both.
A limit order joins the back of the queue at its price. It fills as trades take out the orders in front of it, or when price trades through it. Touching the price is not enough.
A stop order triggers on the last trade and then fills like a market order, through the book.
Maker fee 0.015 %, taker fee 0.045 %, hourly funding at the market's own rate, isolated margin up to 10x and a liquidation price on every position.
What you can do
- One-click BUY and SELL on the chart with a size field, or an order ticket with market, limit and stop orders.
- Take profit and stop loss as a percentage with the order, or drag them on the chart; right-click the chart for a limit or stop order at that price.
- Hold several positions at once, long and short at the same time (hedging).
- A panel under the chart with your positions, orders, history and stats.
- Every fill keeps a snapshot of the order book around it (imbalance, walls and CVD), so you can see what the book looked like when you traded.
- The same account in Depth and Terminal. Orders keep working on our servers when the tab is closed.
- Share a picture of the chart from Depth with your positions on it.
Markets
Nine perpetual futures markets, each on its own live order book: Bitcoin, Ethereum, Solana, XRP, gold, silver, WTI crude oil, US 500 and US 100.
Why real order book fills matter
Many simulators fill a market order at the last price and a limit order as soon as price touches it. That makes every strategy look better than it is. On Swiftedge the fill comes from the book that was really there.
| Simple simulators | Swiftedge | |
|---|---|---|
| Market order | Last price, no slippage | Walks the live book level by level |
| Limit order | Fills when price touches it | Waits its turn in the queue |
| Fees and funding | Often left out | Maker and taker fees, hourly funding |
| Sign-up | Usually an account | None |
Practice account and the Order Flow Cup
Paper trading starts in Practice: a private account with no name that you can reset any time, with a starting balance from $100 to $1,000,000, and that never appears on a leaderboard. Switch to Cup to join the Swiftedge Order Flow Cup, a free trading competition until 31 December 2026 with a $10,000 account that cannot be reset, a live leaderboard and prizes.
Common questions
Is paper trading on Swiftedge free?
Yes. There is no sign-up, no e-mail and no card, and nothing to buy. Paper trading is part of the free Depth and Terminal.
Do I need an account?
No. A practice account is created the first time you click Paper trade and is kept in your browser as an account key. The orders themselves run on Swiftedge's servers.
Can I paper trade on my phone?
Yes. In Depth or Terminal on a phone, tap Paper in the toolbar: BUY and SELL sit across the screen, and your positions, orders and history open as cards.
How realistic are the fills?
A market order is filled level by level against the live order book, so a large order pays real slippage. A limit order waits behind the orders already resting at its price. Fees, hourly funding and liquidation are included. The book you see is the book you trade against.
Can I reset my paper account?
Your practice account, yes: reset it any time with a starting balance from $100 to $1,000,000. An Order Flow Cup account cannot be reset, which keeps the competition fair.
What happens to my orders when I close the tab?
They keep working on our servers: limit orders, stops, take profit and stop loss fill while you are away. A practice account with no positions or orders is removed after 30 days without activity.
Is any real money involved?
No. All trading is simulated. Swiftedge takes no deposits and places no real orders.