Can I change account currency in Paper Trading?
The default Paper Trading account currency is USD, but you can choose any available currencies that suit your preferences and trading needs.
It is easy to organize if you trade in different currencies: create several accounts with the required currencies and switch between them directly in the trading panel.
Accounts with different currencies allow you to simplify financial management and eliminate the need for complex calculations. This helps you better control your funds and plan your investments. All transactions, including profit and commission calculations, are carried out in the selected account currency, which makes work even more convenient.
You can change the currency of your demo account in two ways:
1. Creating a new account:
You will be asked to select a currency from the available list when creating a new account.
2. Resetting an existing account:
If you need to change the currency of an already active account, go to its settings and select the reset option. The system will then prompt you to choose a new currency. Please note that resetting the settings will delete the history of transactions, active orders, and open positions.
Please choose the method that suits you and customize your demo account to fit your needs.