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How to Paper Trade
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Gain experience by finding new opportunities to trade, take profit or losses without the fear of losing money.
Develop self-discipline to follow your trade plans with greater confidence.
A safe place for traders to test new strategies without putting their capital at risk.
Why use paper trading?
Paper trading is a safe place for traders to build their confidence in trading, without risking a penny
Paper trading lets you trade in realistic
market conditions and learn from mistakes without risking real capital.
Why use moomoo paper trading?
Powerful tools to level up your
trading skills
Trade with real-time quotes and data in a realistic simulated environment.
Access pro-level tools and start using new charts
and indicators in your strategy.
Follow leading traders in our paper trading
community to learn from their strategies.
Competition Schedule
Competition: U.S. Stocks Paper Trade Competition – Sep.
Sign-up period: 02 September 2024, 0:00 AM (AET) – 28 September 2024, 6:00 AM (AET)
Competition period: 02 September 2024, 0:00 AM (AET) – 28 September 2024, 6:00 AM (AET)
Competition: Aus Stocks Paper Trade Competition – Sep.
Sign-up period: 02 September 2024, 0:00 AM (AET) – 27 September 2024, 4:00 PM (AET)
Competition period: 02 September 2024, 0:00 AM (AET) – 27 September 2024, 4:00 PM (AET)
Entry Instructions
How to sign-up
To sign up, tap the "Join Now" button on the event page.
Or, within the app, navigate to Discover > Papertrade > Competition > Available, select the competition you want to join, and tap "Join Now".
How to start paper trading
To begin trading, go to Discover > Papertrade > Competition > Ongoing and select the relevant account for the competition.
Eligibility
The U.S. Stocks Paper Trade Competition – Sep. and the Aus Stocks Paper Trade Competition – Sep. (hereafter collectively referred to as the "Competition") are organised by Moomoo Securities Australia Ltd (AFSL:224663) as Moomoo AU, ABN 51 095 920 648 ("Moomoo AU") and are open to Moomoo AU users who are Australian residents over 18 years of age. Eligible users who successfully signed up for the Competitions are referred as "Participants".
Although it is not an essential requirement to have a live share trading account with Moomoo AU to enter the Competition, the redemption of certain rewards and prizes won in the Competition, if applicable, may require a valid and current Moomoo AU account.
Prize Details
The Competition's prizes (collectively as "Rewards") are awarded in two categories: rank-based prizes and weekly gain prizes for new clients*:
Rank-based prizes: The participant with the highest total yield by the end of the Competition will be awarded ten shares of Nvidia (NVDA).
Weekly gain prizes for new clients: Any new client who has yet to conduct a buy trade in live trading and achieves a positive gain during the Competition will be eligible for a one-time claim of a AU$20 stock cash coupon, subject to terms and conditions referred hereinafter in the "About Stock Cash Coupons" section.
Trade ETFs or US options in paper trade: Any new clients for ETF & US options who have never filled any BUY order in any ETF/US options contractions on Moomoo AU and trade ETFs or US options in paper trade will be eligible for an AU$10 stock cash coupon, subject to terms and conditions referred hereinafter in the "About Stock Cash Coupons" section.
The above prizes are available for winners in both the U.S. Stocks Paper Trade Competition – Sep. and the Aus Stocks Paper Trade Competition – Sep. and can be claimed once the necessary criteria is met. Prizes will be distributed within 14 working days after the Competitions.
*New clients refer to Australian residents over the age of 18 who have never filled any BUY order in any exchange-traded products available on Moomoo AU before 2nd Sept. 2024 at 0:00 AM (AET).
*New Clients for ETF & US options: Refers to Australian residents over the age of 18 who have never filled any BUY order in any ETF/US options contractions on Moomoo AU before 2nd Sept. 2024 at 0:00 AM (AET).
*Each competition has a weekly issuance limit of 500 AU$20 stock cash coupons. If the number of qualifying participants exceeds this limit, the coupons will be issued to the top 500 participants based on their earnings rankings.