Do You Need a Paid Subscription for Paper Trading in TradersPost?

TradersPost requires a paid subscription for automated paper trading due to infrastructure costs. Free trial users can send trade signals but must manually approve trades until upgrading to a paid plan.

‍Is Paper Trading Free in TradersPost?

Yes, a paid subscription is required to use paper trading with an automated strategy in TradersPost. While some might expect paper trading to be free, there are infrastructure and processing costs involved in handling trade signals, even when they are not sent to a broker.

TradersPost incurs costs related to data processing, infrastructure, and system resources, which makes it impractical to offer unlimited free paper trading accounts. Supporting a large number of free users could negatively impact service quality for paying customers.

How Paper Trading Works on a Free Trial

During a free trial, users can send trade signals to TradersPost but must manually approve or reject each trade. Full automation, including AutoSubmit, is only available after upgrading to a paid plan.

For traders who want additional testing time, TradersPost occasionally offers trial extensions and promotional discounts, particularly around the holiday season. Those interested in trying out automated paper trading should reach out to TradersPost support for details on available promotions.

Conclusion

While paper trading is a valuable feature for testing strategies, fully automated paper trading requires a paid subscription due to the infrastructure costs involved. TradersPost offers a manual approval option during free trials and occasional promotions for those looking to extend their testing period.

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DISCLAIMER:
Trading in the financial markets involves a significant risk of loss. The content and strategies shared by TradersPost are provided for informational or educational purposes only and do not constitute trading or investment recommendations or advice. The views and opinions expressed in the materials are those of the authors and do not necessarily reflect the official policy or position of TradersPost.

Please be aware that the authors and contributors associated with our content may hold positions or trade in the financial assets, securities, or instruments mentioned herein. Such holdings could present a conflict of interest or influence the perspective provided in the content. Readers should consider their financial situation, objectives, and risk tolerance before making any trading or investment decisions based on the information shared. It is recommended to seek advice from a qualified financial advisor if unsure about any investments or trading strategies.

Remember, past performance is not indicative of future results. All trading and investment activities involve high risks and can result in the loss of your entire capital. TradersPost is not liable for any losses or damages arising from the use of this information. All users should conduct their own research and due diligence before making financial decisions.

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