Virtual Account 

Varcity is a trading simulator with real-time market data that helps traders at all levels develop great skills through forward testing, quantitative trading metrics and our Varcity Trading Index™ (VTI) performance rankings.

Account Size

When signing up for your Varcity account, both free Basic accounts and Pro subscriptions will start with a default account size of 100k virtual USD funds. Both Basic and Pro are demo accounts only on Varcity's trading simulator and DO NOT contain or use real money.

On a Pro account you can add virtual funds to your demo account at any time by going to Account Settings and select the amount you want to add. Please note, adding Virtual Funds to your account will not improve your VTI rank or bring your account out of any drawdown that might have incurred. For further information or any questions regarding this please email support@varcity.io

The VTI is not predictive of performance in live trading and is intended for educational purposes only on Varcity's trading simulator.  Please see Terms and Conditions for more information.

Leverage 

All paper trading currently is set to a leverage of 1:10 for all tradable securities, except for cryptocurrencies which are being offered with no margin.

At this time on Varcity (V1.0), the leverage cannot be changed. Please reach out to support@varcity.io for further information or any questions

Currency 

All Varcity demo accounts are set to USD, we are currently working on adding in currency options for our future release.

VTI Resets (Pro only)

Varcity Pro subscribers can reset their Pro accounts at any time.  Resets allow Pro account subscribers to reset their VTI rank back to 40 and virtual account balance to 100K while keeping all their badges, their Varcity Network profile, and the their trading journal.  Click on the Reset checkbox in Account Settings, then click on Save Changes to reset your VTI back to 40.

The VTI is not predictive of performance in live trading and is intended for educational purposes only on Varcity's trading simulator.  Please see Terms and Conditions for more information.