How Can I Reset The Value Of The Alpaca Markets Paper Account To 100k?

A Step-by-Step Guide

To reset the value of your Alpaca Markets paper trading account to $100,000, you need to go to the paper trading dashboard on the Alpaca website and use the “Reset” button next to the equity amount display. This reset will wipe out your current paper trading history and recreate your paper trading account with the initial balance you specify, such as $100,000. After resetting, you must regenerate new API keys because the old ones will no longer be valid for the new paper account.

If you do not see the reset option, another approach is to open a new paper trading account from the dashboard, as Alpaca allows up to three paper accounts, and you can delete the old ones if needed.

Summary steps:

• Go to the Alpaca paper trading dashboard.
• Find the “Reset” button near the equity amount in the upper left.
• Click “Reset” and enter your desired amount (e.g., $100k).
• Regenerate new API keys for the reset paper account.
• Alternatively, open a new paper trading account if reset is unavailable.

This is the standard method supported according to Alpaca documentation and user reports.