Guides
Virtual Portfolio
A virtual portfolio is a paper trading account that lets you practice buying and selling stocks without risking real money.
These accounts are fully customizable, allowing you to create and delete them with any amount as often as you like. With a virtual portfolio, you can engage in activities such as trading stocks, viewing open positions, and checking balances, just as you would with a real broker account.
Virtual portfolios provide a simulated environment for testing strategy rules. Broker capabilities, order behavior, fills, costs, and available instruments can differ from simulation and vary by provider and account.
Access Virtual Portfolios
To access your virtual portfolios:
- Log in to Investfly
- Click on the Portfolios navigation menu item on the left sidebar
Create a New Virtual Portfolio
To create a new virtual portfolio:
- Follow the steps above to access virtual portfolios
- Click on Add Virtual Portfolio button
- Provide the requested information and click Save
Portfolio Starting Amount
When setting the starting amount for your portfolio, ensure it is sufficient, as you cannot deposit additional cash into a virtual portfolio later. This approach simplifies the interpretation of portfolio performance reports.
If cash could be deposited or withdrawn at random times, the equity value chart would be confusing unless adjusted for these transactions separately. Investfly restricts cash adjustments to streamline portfolio performance reporting.
Visibility
Making your portfolio public allows other users on our platform to view your current open positions, trade history, and performance. This feature can be beneficial if you are marketing yourself within our community.
Portfolio Dashboard
Manage your portfolio through the Portfolio Dashboard, accessible from the portfolio list page. For more details, please refer to the Portfolio Dashboard section.
Paper trading is a simulation and differs from live trading. Market liquidity, fills, latency, fees, slippage, and broker behavior can cause materially different live results.
