Discretionary Desktop Strategy Desktop Web Trader Mobile App Platform Brokers Funds OMS / OME Trade Copier Prop Firm CRM Prop Firm Partners Giveaway Blog B2B Integrations Affiliates Webinars Press and Awards Tradecraft FAQs Community Wiki / Documentation Platform Tutorial Videos Contact Us Marketplace Offers ATS (Alpha Trading Syndicate) AQS (Alpha Quant Syndicate) ACS (Alpha Capital Syndicate) Trader Titans Pricing Login Home
Skip to article

Simulation (Paper Trading) – Default Broker Connection

Last updated

The Tickblaze platform includes a simulated broker account connection for practice trading. The Simulation Broker connection is the default broker connection, and it comes pre-configured to auto-connect when you start the Tickblaze platform.

The Simulation Broker connection is shown in the screenshot below:

Simulation (Paper Trading) - Default Broker Connection screenshot

The Simulation Broker connection is pre-configured with a default simulation “paper trading” account that can be used for practice trading. It has a default starting balance of $100,000. This simulated paper trading account can be modified to have any starting account balance and your choice of various commission setting scripts.

To access and view your default simulation paper trading account:

  1. Select the “Accounts” tab on the Tickblaze desktop to show the accounts tab.
  2. The “SimDefault” default paper trading account will be displayed as shown below:
Simulation (Paper Trading) - Default Broker Connection screenshot

To view the settings for the “SimDefault” account:

  1. Click on the Accounts tab “SimDefault” account row. This will enable the account editing tools.
  2. Click on the edit icon (shown below in the red square).
Simulation (Paper Trading) - Default Broker Connection screenshot
  1. The SimDefault account settings dialog will be displayed as shown below:
Simulation (Paper Trading) - Default Broker Connection screenshot
  1. Any of the settings can be changed. To save changes and exit, click on the “Ok” button.
  2. To leave settings unchanged and exit, click on the “Cancel” button.

Multiple Simulation Account Capability

To add more simulation accounts:

  1. Click on the add icon (shown below in the red square).
Simulation (Paper Trading) - Default Broker Connection screenshot
  1. The Simulation Account settings dialog will be displayed as shown below:
Simulation (Paper Trading) - Default Broker Connection screenshot
  1. Enter a name for the new Sim account, “Sim” + string in the red rectangle and click on the “Ok” button.
Simulation (Paper Trading) - Default Broker Connection screenshot
  1. The new Sim account will appear on the Accounts tab list and on the charts and Trade Pads as shown below:
Simulation (Paper Trading) - Default Broker Connection screenshot
Simulation (Paper Trading) - Default Broker Connection screenshot

For full details on the Sim accounts functionality on charts and Trade Pads, go to Charts and Trade Pad sections.