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. Investfly's trading capabilities, including automated trading and deploying an algorithmic trading strategy, are supported on both virtual portfolios and broker accounts in the same manner. This flexibility allows you to seamlessly transition a trading strategy from a virtual to a real account, making it ideal for forward testing strategies using our best automated stock trading platform.

portfolio details page

Access Virtual Portfolios

  1. Log in to Investfly.
  2. Click on the Portfolios navigation menu item on the left sidebar.

Create a New Virtual Portfolio

  1. Follow the steps above to access virtual portfolios.
  2. Click on "Add Virtual Portfolio".
  3. 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 If cash could be deposited or withdrawn at random times, the equity value chart would be confusing unless adjusted for these transactions separately.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. While paper trading with a virtual portfolio aims to simulate real market conditions, there are significant differences. Your trading strategy may perform differently in virtual trading compared to real trading, making it a valuable tool for forward testing strategies with our best algorithmic stock trading software.