Frequently Answered Questions

What is Auctus Simulator?

Auctus Simulator is a social paper trading platform that allows users to learn, compete, test and share trading ideas. Users will have access to all kinds of tools, such as trading analytics, real-time, asset watchlist and more!

What is paper trading?

Paper trading is the same as simulated trading. It is the best way to get trading experience without putting any money at risk. Practice makes it perfect =)

How will Auctus Trading Ranking work?

Auctus Trading Rank will use the Z Test algorithm, combining both Winning Rate and Average Return per Trade.

How will be the Monthly Trading Contest?

The trading contest will be simple, we will rank traders according to their overall profit percentage in the month, each month, the Top 3 will receive real prizes: 1st — 3000 AUC, 2nd — 1500 AUC, 3rd — 500 AUC

Which trading analytics will be available in your first release?

Avg Return per Trade, P/L % Overall, Daily Drawdown, Best Trade, Worst Trade.

It doesn’t matter how much you study, trade execution is always tricky

Why should I own AUC if the product is free?

We’ve decided to focus first on building a significant user base, before monetizing it, based on the current market we can see that the most successful tokens had this approach. After growing the user base, we will launch a marketplace where popular traders can offer private trading rooms, courses and exclusive reports in exchange for AUC. Also, we will implement governance based system to decide which traders can provide paid services and be copied when we have copy trading implemented. Finally, once real trading capabilities are live, AUC will be used for getting trading fees discount.

And finally…when is the launch?

We are very proud to announce that the first version of Auctus Trading will be live on December 20th!