Your first paper trade in 5 minutes
Hex37 drops you in with a $10,000 simulated balance and live crypto market data. Here is how to go from a fresh account to your first filled order without getting lost.
1. Sign up
Click Start Free on the landing page or go directly to /register. You need an email and a password. No card, no KYC, no funding. Verify the email and you are in.
The first time you land on the dashboard, the welcome modal explains what you are seeing. Read it once. The onboarding checklist on the dashboard tracks the rest of the first-trade flow for you.
2. Pick an instrument
Click Trade in the top nav, or just go to /app/practice. You will see a grid of every supported instrument with live prices. Click any of them to open the trading workspace for that pair.
For a first trade, BTC/USDT is the friendliest. Liquidity is deep, spreads are tight, and there is plenty of activity to watch.
3. Read the workspace
The trading workspace has three regions:
- Chart on the left, with a timeframe switcher (1m, 5m, 15m, 1h, 4h, 1d) above it and the current price shown at the right edge.
- Order form on the right. This is where you place trades.
- Bottom rail with tabs for Orders, Positions, and Trades. Empty for now.
Glance at the order book and the spread before you click anything. The book is the live record of every buyer and seller waiting to trade. The spread tells you the cheapest possible round-trip cost.
4. Set up the trade
In the order form:
- Pick a side: Buy or Sell.
- Pick an order type. Limit is the default and the right starting choice.
- Enter a price you want to fill at, or use the displayed mid price.
- Use the position sizer instead of typing a quantity. Enter your stop price and the percent of account you want to risk. The form back-calculates the right size and leverage.
- Toggle on a bracket order so your stop and target ride along with the entry. This is the single best habit to build on day one.
5. Place it
Click Place order. A confirmation banner appears showing the order's status. If it says pending, the order is on the book waiting for a fill. If it fills immediately, you will see the fill notification and a new row in the Positions tab.
That is the whole flow. From here you can watch the position move, adjust the bracket if needed, or close manually with a market order when you want out.
What to do next
- Read Stop-loss and take-profit to understand how to place exits.
- Read Position sizing to understand the math the sizer is doing for you.
- Take 20 to 30 trades and let the journal accumulate data. The patterns it surfaces are worth more than any single tip.