# Paper Trading

Paper Trading is using a simulated trading account that does not involve any real CFDs or money. It is a risk-free way of testing out bots before using them on the real markets. 

Paper Trading is enabled by default with a starting balance of 1,000 USD. To enable, disable or edit your Paper Trading account, go to ***Settings ⇢ Paper Wallet.***

 

 ![](https://1334321456-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FJYiPUCFdq5gyPoY74oHu%2Fuploads%2FLoUL07Sl075xM1iC5dVc%2FStockHero_Paper.png?alt=media\&token=283a8f65-5e48-4330-b96c-1b577b0daf97)