Power E*TRADE Paper Trading is a simulated trading application that provides access to a virtual version of the Power E*TRADE platform funded by fictitious or “play money.” The amounts shown in your Power E*TRADE Paper Trading account have no actual value and cannot be exchanged, converted, or used as payment for any actual goods or services. The Power E*TRADE Paper Trading application simulates financial markets and the buying and selling of securities on those markets using the Power E*TRADE platform.
Closing Option Positions Before Expiration Day
No actual securities are, or can be, bought, sold, traded, converted, assigned, or delivered on or through the Power E*TRADE Paper Trading application. All information provided on and through the Power E*TRADE Paper Trading application is provided for informational, educational, entertainment, and recreational purposes only.
The performance and functionality of the Power E*TRADE Paper Trading application may differ from that of the Power E*TRADE platform and should not be relied upon or used to form the basis for any financial or investment decision.
You may be permitted to simulate certain investments, transactions, and/or trading strategies on or through the Power E*TRADE Paper Trading application that you are not eligible or approved for on the Power E*TRADE platform. No simulated investment, transaction, or trading strategy that you engage in on or through the Power E*TRADE Paper Trading application should, in any way, be construed as a recommendation, statement, affirmation, advice, or other indication of whether investment or investment strategy is appropriate or suitable for you.
You should not determine the profitability of any security, investment, or trading strategy based on the simulated performance of your activities on the Power E*TRADE Paper Trading application. Successful virtual trading during one period does not guarantee successful investing of actual funds during a later period as market conditions change continuously.
By using the Power E*TRADE Paper Trading application, you acknowledge the disclosures provided on, and agree to all applicable terms and conditions of use of, the Power E*TRADE platform. Please note: E*TRADE Customer Service has limited access to paper trading accounts and does not provide support for paper trading accounts.