Does Fidelity Have Paper Trading?

Fidelity Investments, a prominent player in the financial services industry, is renowned for its wide range of investment options, comprehensive research tools, and innovative trading platforms. However, when it comes to paper trading, Fidelity's offerings might not be as straightforward as one would expect. Paper trading, a practice where traders simulate trading strategies without real money, is a crucial tool for both novice and experienced investors. It helps users test their strategies in a risk-free environment, gaining insights and confidence before committing actual capital. In this article, we will explore Fidelity's approach to paper trading, analyze its potential alternatives, and discuss whether it meets the needs of modern traders. By diving deep into Fidelity’s offerings and comparing them with other platforms, we will uncover the extent to which Fidelity supports paper trading and what alternatives might be available for those looking to test their trading strategies.