Live, demo, and evaluation accounts

How Lune labels your live, demo, evaluation, and paper accounts, and how a paper balance is anchored.

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Updated Jul 3, 2026

Each account you connect carries an environment label. The label tells you and Lune whether the account trades real money or is a demo, evaluation, or paper account. You are the final authority on this label.

What each label means#

Lune sorts accounts into two environments: live and simulated. A simulated account can carry a stage that says what kind it is.

LIVEReal moneyOptional

The account trades with real funds at your broker.

FUNDEDSimulated, funded stageOptional

A prop firm funded account. It trades in a firm's environment after you pass their program.

EVALSimulated, evaluation stageOptional

A prop firm evaluation or challenge account. You trade it to pass the firm's rules.

PAPERSimulated, paper stageOptional

A practice account with no real money at risk.

SIMSimulated, stage unknownOptional

A demo or simulated account when the exact stage is not set.

Why you set the label#

Many brokers do not tell Lune whether an account is live or demo. This is common with some brokers, so Lune cannot always know for sure.

Because of this, the label on each account card is yours to set. Click the badge on the account to pick LIVE, FUNDED, EVAL, PAPER, or SIM.

Note

When you set the label yourself, it sticks. A refresh or reconnect will not change a label you set.

The environment label is a tag only. It does not change how your orders route or fill. It helps you keep live and practice accounts clear, and it drives how accounts are grouped in your views.

How a paper account's balance is anchored#

A paper account has no broker feed to mirror, so Lune builds its cash balance from a fixed starting point plus your closed trades.

1
Set a starting point

The account gets an anchor: a cash baseline your running balance grows or shrinks from. For a new paper account, this is your starting balance.

2
Add closed profit and loss

Lune adds up the profit and loss from every trade you have closed since the anchor took effect.

3
Show the current balance

Your balance is the anchor plus that closed profit and loss. Lune rebuilds it each time the account connects, so it stays correct across restarts.

This keeps the balance honest. It is read from the same closed-trade record that powers your risk and journal views, so the number does not drift.

Tip

For a paper account, you can edit the balance on the account card. Lune uses your value as the new anchor going forward.

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