Demo mode is a separate account, so your practice trades stay completely apart from your real balances and positions. Switch to it or away from it at any time.
Turning on demo mode
1
Open the command palette
Press /, type
DEMO, and press Enter to enter demo mode. (Run DEMO again anytime to exit.)You can also turn it on under Settings → Preferences → Demo Mode.2
Confirm you're in demo
Your active account switches to Demo, and your balance shows simulated USDC. The account switcher always shows which account you’re in.
Setting your practice balance
Under Settings → Preferences, you can set a starting balance for demo mode and reset the demo account whenever you want a clean slate. You can also add or remove simulated funds from the Balances panel.1
Set a starting balance
Choose how much simulated USDC you want to start with.
2
Reset anytime
Use Reset demo account to wipe your practice positions and history and start fresh.
What works in demo mode
Real prices
Orders fill against live Kalshi and Polymarket prices, so the experience matches real trading closely.
Full order slip
Buy and sell Yes/No, close positions, and see fees and payouts — exactly like the real thing.
Live P&L
Your positions and profit and loss update in real time as the market moves.
No setup needed
No deposit and no identity verification — just switch on demo mode and trade.
Leaving demo mode
RunDEMO from the command palette again, or switch to another account in the account switcher. Your real accounts are exactly as you left them.
What’s next
Placing an order
Learn the order slip — it works the same in demo and live.
Ready for real trading?
Set up on-chain or API trading when you’re ready.