Simulator

Crypto Futures Simulator: Trade Like a Pro, Risk Nothing

A crypto futures simulator is software that reproduces a real futures exchange — order book, leverage, margin, liquidation and PnL — using virtual money on live market data. PaperX is a free crypto futures simulator with a professional terminal, up to 100x leverage and full performance analytics.

What a crypto futures simulator does

It recreates the full trading experience of a perpetual futures exchange without real funds. You place real order types against live prices, manage leverage and margin, and see realistic fills, funding and liquidation — so the skill you build transfers directly to live trading.

A complete professional terminal

PaperX is built to feel like Binance, Bybit or Hyperliquid.

  • Real-time TradingView charts with every indicator
  • Order panel with leverage, margin mode and TP/SL
  • Live positions, PnL and portfolio that update tick-by-tick
  • Analytics: win rate, profit factor, drawdown, equity curve
  • Global leaderboard, achievements and a trade journal

Who it is for

Beginners use the simulator to learn futures safely; experienced traders use it to backtest ideas, practice high-leverage setups, and forward-test a strategy on live data before committing capital.

Frequently asked questions

Is the PaperX crypto futures simulator free?

Yes, completely free with no deposit. You get $100,000 in virtual balance to start.

Does the simulator use real prices?

Yes. It streams real-time market data, so your simulated futures trades reflect actual market movement.

Can I use the simulator on mobile?

Yes — PaperX works in any mobile browser and also offers an Android app.

How is a simulator different from a backtester?

A backtester replays historical data; a simulator like PaperX lets you trade forward on live, real-time prices in real conditions.

Related

Start practicing in 60 seconds

$100,000 virtual balance. Real markets. No deposit, no credit card.

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