ww58
- ago
At the moment Dummy Broker has approximate order execution according to my observations and post #1 in this thread https://www.wealth-lab.com/Discussion/How-does-Dummy-Broker-handle-stop-limit-orders-7573

I suggest an option, to include streaming data for instruments that have orders, in other cases only what is specified in the settings is used. This way the limit will not be hammered, and using accurate bid and ask quotes it will be possible to calculate the exact execution similarly to a real broker.
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Cone8
 ( 4.92% )
- ago
#1
Already there are other better options.
1. Create a free paper account at Alpaca
2. Use a paper account offered by your broker (like an IB paper account).

Both actually act like real accounts, with pretty accurate fills - and the broker actually tracks your Portfolio and trade history. It's the best option for paper trading.
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ww58
- ago
#2
Testing with a broker is always better, the problem that is solved in this case is when you need to test several different strategies and understand which one brings profit, for this purpose it is better to divide into different accounts. Some strategies on small timeframes can be sensitive to the spread, which is not taken into account on the backtest
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