What are the key simulation settings in Fincanva?

When running simulations in Fincanva, it’s important to understand the different settings that impact your results. Some settings apply globally across all simulations, while others can be configured at the individual simulation level.

Global Simulation Settings (set in Account – Platform Settings)

• Core Settings
  Set your Initial Capital and Primary Currency in your platform settings.
  These define the base amount used in simulations and the currency in which results are reported.

For more details please read How do I change core simulation settings in Fincanva?

• Costs (Fees & Slippage)
  Costs include trading fees, margin rate markup, and short-sale rate marup.
  You define markup rates in your account; the simulation engine handles the rest.

  For more details please read How do I change cost simulation settings in Fincanva?

• Taxes
  Apply short-term and long-term capital gains taxes, as well as dividend tax. Set your Fiscal residency, tax regime, and specific tax rates in the platform settings.
  

  As of today, we provide predefined fiscal settings for the US and Italy. More countries will be added soon. If you select 'Other,' you can manually configure your tax residency settings." For more details please read How do I change tax settings in Fincanva?

Important
Any changes made to these settings will automatically trigger a relaunch of all existing simulations to reflect the updated configuration.

• Start Date
  Change this in the My Portfolio table under the Sim Start column by double-clicking the year.
  It defines the historical point from which the simulation begins (e.g., 2005).
  

  Tip: Use the Start Date Sensitivity tool to test how consistent your strategy is across different timeframes.

• Reinvest Profits & Dividends
  Enable or disable this setting in the portfolio output tab.
  When enabled, all realized gains and dividends are reinvested automatically; if not, they remain in cash.
  

  Tip: Enable this for more accurate long-term compounding analysis.

• Benchmark Selection
  Also managed in the portfolio output. You can compare your strategy against:

  • Major market indices like the S&P 500 or Nasdaq

  • Sector-specific benchmarks

  • Other custom or previously simulated portfolios
    Benchmarks use the same cost and tax settings as your simulation for an even comparison.
    

    Tip: Always include a benchmark to contextualize your strategy's performance.