Welcome to paperMoney

We're proud to present the latest of our trading tools which provides a great opportunity for options traders of all skill levels to safely explore real-world trading applications and test new options strategies without putting real money on the line. paperMoney's functionality is the same as the best "real" trading systems in use today except that the trades aren't real and you can start over anytime you like.

paperMoney's powerful trading tools include:

  • Streaming quotes automatically updated every five seconds without refreshing.

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  • Customized, conditional account alerts sent directly to your web-enabled phone or e-mail.

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  • Multiple, powerful charting options including moving averages, oscillators, Fibonaccis, and the ability to view multiple charts at once.

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  • User-defined data layouts and many other customizable features.
  • Fully-featured order entry bar with spread functionality; and much more.

Best of all, paperMoney is free to users!

The paperMoney trading program is provided by thinkorswim, Inc., and is located on the thinkorswim website. thinkorswim, Inc. is an independent, registered broker-dealer not affiliated with Chicago Board Options Exchange, Incorporated or any of its subsidiaries or affiliates (collectively, "CBOE"). The thinkorswim website is a separate website from the CBOE website. CBOE is not involved in any manner in your virtual trading account with thinkorswim or with any other account you may have or establish with thinkorswim. CBOE is not responsible for or liable with respect to any activity on the thinkorswim website or with respect to any use of any thinkorswim products or services.

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