Ever wanted to try stock trading but felt confused or scared of losing your money? Don’t worry, paper trading apps are here to help. These apps let you practice trading stocks, futures, options, or even crypto using virtual money, so there’s no real risk involved.
In this blog, we’ll take a look at some of the best paper trading app options you can try today. Each one offers helpful features like live market data, free virtual cash, trade tracking, and more making it easy to learn and grow as a trader.
What is Paper Trading?
On this page:
Paper trading means practicing how to buy and sell stocks, futures, options, or even crypto without using real money. It’s like using a stock market simulator where you can try out your trading skills in real-time but with virtual cash. You get to learn and improve without any financial risk.
Why is it called “Paper” Trading?
The name comes from the old days when people would write down their pretend trades on paper before using real money. It helped them plan and see how their ideas would work. Today, we do the same thing but with apps and websites instead of paper.
Benefits of Using Paper Trading Apps
1. Learn Without Losing Money
You use virtual money, so there’s no real risk. It’s the best way to understand how the market works without worrying about losing your hard-earned money.
2. Practice Real Trading Strategies
Try out intraday, swing, F&O, or crypto trading strategies using live market data. See what works and what doesn’t without any pressure.
3. Build Confidence
Paper trading helps you get comfortable with placing trades, reading charts, and managing risk so you feel more confident before trading with real money.
4. Learn Market Timing
Figure out when to buy or sell by seeing how your trades perform in real time. Timing is key in trading, and this helps you get better at it.
5. Track and Improve Your Performance
Most apps show your profit/loss, trade history, and other stats. This helps you understand what you’re good at and what needs work.
6. Build Discipline & Routine
With tools like trade journals, alerts, and tracking, you can form a regular trading habit. Being consistent is important for long-term success.
7. Good for Both Beginners & Experts
- New traders can learn step-by-step
- Experienced traders can test strategies without risking money
8. Try Out Different Markets
Explore different markets like stocks, F&O, crypto, and commodities. A great way to expand your knowledge and skills.
10 Best Paper Trading Apps in India
1. TradingView: Track All Markets
Whether you’re new to trading or already have some experience, TradingView is one of the best paper trading apps out there. It helps you practice trading without using real money and lets you test your strategies with real-time data.
Live Charts & Market Data
TradingView gives you access to live prices, charts, and market updates anytime, anywhere. You can track:
- Stocks, Forex, and Futures
- World indices like NASDAQ, NIFTY, S&P 500, Dow Jones, etc.
- Commodities like gold, oil, natural gas, wheat, and more
- Cryptocurrencies from top exchanges
Easy-to-Use Charting Tools
TradingView’s charts are super smooth and beginner-friendly. You can:
- Choose from over 10 chart types (like line, candlestick, Renko)
- Use tools like moving averages, Gann tools, Elliott Waves, and more
- Draw and mark up charts to plan your trades
Make Watchlists & Set Alerts
Keep an eye on your favorite stocks, cryptos, or currencies by creating your own watchlist. Set alerts so you get notified when prices move and never miss a chance to trade.
Works on All Your Devices
Your saved charts, alerts, and notes sync automatically between your phone and computer. So you can continue where you left off, anytime, anywhere.
Learn & Grow with the Trading Community
TradingView is more than just a trading tool. It’s a huge community of traders sharing ideas and tips. You can post your thoughts, learn from others, and grow together.
App Insights:
| TradingView | Android | IOS |
| Installs | 10M+ | – |
| Ratings | 4.8/5 | 4.8/5 |
| Reviews | 698K | 113.4K |
| Compatibility | Varies with device | iOS 16.0 or later |
2. Stock Trainer: Virtual Trading
Want to try stock trading without putting your real money at risk? Stock Trainer is one of the best paper trading applications that lets you practice with real market data, totally free and safe.
Trade with Real Data from Around the World
With Stock Trainer, you can practice trading using real-time data from 20+ global stock markets, including NSE, BSE, NASDAQ, S&P 500, and more. It’s like real trading but with virtual money.
Great for Learning & Testing Strategies
Whether you’re just starting out or already have some trading experience, Stock Trainer helps you:
- Learn how the stock market works without losing money
- Try out different trading strategies using live data
- Track your progress with helpful charts and stats
- Understand market trends by checking data across timeframes
Features You’ll Enjoy
Standard Features:
- Access to over 20 stock markets worldwide
- Stop-loss & limit order options
- Make your own watchlist and portfolio
- See daily top gainers and losers
- View stock charts from the last 10+ years
- Get news updates and zoom in on charts
- Choose from different themes like dark mode
Premium Features:
- No ads
- Cloud backup through Firebase
- Candlestick charts for deeper
App Insights:
| Stock Trainer | Android |
| Installs | 1M+ |
| Ratings | 4.2/5 |
| Reviews | 63.5K |
| Compatibility | 4.4 and up |
3. Virtual Trading App 2.0
Virtual Trading App 2.0 is one of the best paper trading apps for practicing NSE stock and F&O (Futures & Options) trading using real-time market data. With over 1.2 million downloads, it’s helping both beginners and experienced traders sharpen their skills without any financial risk.
Real-Time Trading, Zero Risk
Trade with real NSE market data using virtual money. No fake numbers, just real-time prices, so you can test and improve your trading strategies with confidence.
Ideal for Beginners & Experts
- Beginners can learn how to trade without worrying about losses.
- Experienced traders can test strategies before investing real money.
- Got a trading idea? Try it virtually and see how it performs in the live market.
Key Free Features
- Unlimited paper trades with live prices
- Practice with limit, market, and test order types
- Real-time data for NSE stocks, derivatives, and index F&O
- Charts and technical analysis tools
- Daily profit & loss updates
- See top market movers
- Get instant notifications on price changes
Premium Features
- No ads
- Stop-loss and target options
- Export trade reports
- More virtual money and higher trade limits
- Cloud backup to save your trades and data
Coming Soon
- Practice trading in MCX & NCDEX
- Alerts and scanners for better tracking
- Pivot Tigers feature
- Email notifications for premium users
App Insights:
| Virtual Trading App 2.0 | Android |
| Installs | 1M+ |
| Ratings | 4.3/5 |
| Reviews | 40.9K |
| Compatibility | 6.0 and up |
4. Frontpage: Stock Market Clubs
FrontPage is more than just a trading app, it’s a community where lakhs of Indian traders and investors come together to learn, grow, and practice trading. It combines virtual trading, real-time news, expert tips, and active discussions all in one place. If you’re searching for the best paper trading app India has to offer, FrontPage is a great pick.
Join Stock Market Clubs
- Clubs for Every Interest: Connect with traders in special groups for stocks, Nifty, Bank Nifty, crypto, and more.
- Live Chat Rooms: Talk about trending stocks and market moves in real time.
- Options & Strategies: Learn smart options trading, risk control, and tips from experienced members.
Practice with TradeLab – Free Paper Trading
- Try Out Trades: Use virtual money to test intraday, options, and even crypto strategies—without risking your savings.
- Track Performance: See what works and improve your trading skills with helpful stats.
- For All Skill Levels: Whether you’re new or experienced, TradeLab helps everyone sharpen their game.
Stay Updated with Market News & AI Help
- Daily News in Short: Quick updates on stock market news, finance, earnings, and policy changes.
- Ask the AI Assistant: Get answers to your trading questions and understand market news better.
- Real-Time Alerts: Be the first to know when something big happens in the market.
Stock Feeds & Smart Tools
- Track 3,000+ Indian Stocks: Get live charts, updates, and analysis for any stock.
- Use Hashtags: See what others are saying about stocks using trending tags.
- Interactive Charts: Spot patterns and make better trade decisions with easy-to-use visuals.
Why FrontPage Stands Out
- Learn from Real Traders: Follow actual trades and expert discussions daily.
- Ask & Learn: Post questions, share your thoughts, and get feedback.
- Simple & Clean Interface: Easy to use for both beginners and pros.
App Insights:
| Frontpage | Android | IOS |
| Installs | 1M+ | – |
| Ratings | 4.3/5 | 4.3/5 |
| Reviews | 28.6K | 975 |
| Compatibility | 5.0 and up | iOS 13.0 or later |
5. Paper: Paper Trading App India
Paper is a free paper trading app made especially for Indian users who want to practice trading in NSE NIFTY and BANKNIFTY futures & options. You get real-time market data to try out trades without spending a single rupee.
Great for Beginners & Experts
Whether you’re just starting or already know the basics, Paper is the perfect platform to safely practice trading, test strategies, and improve your skills—without any risk.
Key Features
- Live Market Data: Trade with real-time prices from NIFTY and BANKNIFTY F&O markets.
- Feels Like Real Trading: Experience the pressure, emotions, and decisions of live trading—without the money stress.
- No Financial Risk: Use virtual money to learn. Make mistakes, learn from them, and grow confidently.
Why Choose Paper?
- Practice and master your trading skills in a stress-free space
- Build discipline and learn to manage emotions while trading
- Gain confidence before stepping into real-money markets
App Insights:
| Paper | Android |
| Installs | 100K+ |
| Ratings | 3.5/5 |
| Reviews | 1.24K |
| Compatibility | 6.0 and up |
6. Paper Trading
This easy-to-use app is one of the best apps for paper trading if you want to practice NIFTY, BANKNIFTY, and FINNIFTY Futures & Options. It was built as a learning project using Flutter and is perfect for beginners and experienced traders who want to learn or improve their F&O trading skills.
Why Try This App?
- Made for educational use only
- Built using Clean Architecture for smooth performance
- Great for both new traders and those looking to test advanced F&O strategies
Key Features
- Real-Time Paper Trading
Trade NSE F&O using live market prices. Get a real-market experience while using virtual money, so no financial risk.
- Candlestick Charts
View historical trends and live price movements with candlestick charts that help you make better trading decisions.
- Option Chain Insights
Understand strike prices, open interest, and volumes to plan your trades smarter and with more confidence.
- Virtual but Realistic
Feel how the market moves, test your trading ideas, and grow your confidence, all without losing a single rupee.
- Easy-to-Use Interface
The app is clean and user-friendly, so you can focus on learning and trading and not on figuring out how the app works.
- Performance Tracking
Track your trades, see what’s working, and fine-tune your strategies as you learn.
App Insights:
| Paper Trading | Android |
| Installs | 100K+ |
| Ratings | 3.1/5 |
| Reviews | 281 |
| Compatibility | 5.0 and up |
7. Stock Simulator: Paper Trading
The Stock Market Simulator by AInvest is a beginner-friendly and powerful tool that lets you practice trading stocks without using real money. Whether you’re just starting or already have some trading experience, this app helps you build confidence and improve your skills in a safe, risk-free environment. It’s one of the best paper trading platforms out there for smart learning.
Key Features
- $100,000 Virtual Cash: Practice trading and build your own stock portfolio using free virtual money.
- Smart Stock Screeners: Use ready-made or custom filters to spot trading opportunities easily.
- Track Your Performance: Keep an eye on how your trades and strategies are doing over time.
- Live Market Data: Get real-time stock prices, news updates, and market insights as you trade.
- Tools for Analysis: Use charts, technical indicators, and company data to make better decisions.
- Company Information: Check out financial reports, news, and filings to understand the companies you’re trading.
- Virtual Assistant (Sora): Stay updated with AI-powered news and market trends.
Great for All Skill Levels
If you’re new to the stock market, you can learn the basics step-by-step. If you’re already trading, you can test out new strategies without any financial risk.
App Insights:
| Stock Simulator | Android |
| Installs | 100K+ |
| Ratings | 4.1/5 |
| Reviews | 481 |
| Compatibility | 8.0 and up |
8. Roostoo: Mock Crypto Trading
Roostoo is a realistic crypto paper trading app made for anyone who wants to learn how to trade cryptocurrencies without using real money. Whether you’re a beginner or just curious about crypto, this app lets you practice safely and confidently.
Key Features
- Live Market Data
Trade top cryptos like Bitcoin, Ethereum, Dogecoin, and more with real-time prices and historical charts.
- Risk-Free Learning
Try out trading with zero financial risk. Perfect for beginners who want hands-on experience before entering real markets.
- $50,000 Virtual Portfolio
Get mock funds to start trading and testing strategies, just like on a real crypto exchange.
- Order History
Check all your past trades to learn what worked and what didn’t.
- Contests & Challenges
Join mock trading contests with friends and other users. It’s like fantasy football, but for crypto trading.
- Clean, Easy-to-Use Interface
The app is designed to be smooth, simple, and beginner-friendly, so you can focus on learning and trading.
Popular Cryptos You Can Trade
Trade all the big names like BTC, ETH, DOGE, XRP, BNB, ADA, LINK, LTC, and many more.
App Insights:
| Roostoo | Android | IOS |
| Installs | 50K+ | – |
| Ratings | 4.2/5 | 4.2/5 |
| Reviews | 309 | 20 |
| Compatibility | 6.0 and up | iOS 8.0 or later |
9. SmartBulls: Paper Trading App
SmartBulls is one of the best free paper trading platforms in India, made for anyone who wants to learn or practice trading in the NSE market. Whether you’re just starting out or already trading, it lets you practice Equity and F&O trading using live market data.
Key Features
- Real-Time Paper Trading
Trade in real market conditions using virtual money. Perfect for Intraday and Positional trading in both stocks and options.
- ₹10 Lakh Virtual Cash
Start your practice with ₹10 lakh in virtual funds and try out different trading strategies.
- Learn as You Go
Explore easy-to-understand lessons and tips on stock market basics, trading strategies, and more.
- Realistic Trading Tools
Place market or limit orders and simulate trades the way real traders do, just without the risk.
- Track Your Progress
See how your trades are performing, keep an eye on your portfolio, and check your rank in trading contests.
Why Choose SmartBulls?
- Risk-free trading practice
- Learn by doing with real-time market data
- Suitable for beginners and experienced traders
- Test and fine-tune strategies without losing money
App Insights:
| SmartBulls | Android | IOS |
| Installs | 10K+ | – |
| Ratings | – | 3.0/5 |
| Reviews | – | 4 |
| Compatibility | – | iOS 15.6 or later |
10. Seadoe – Paper Trading App
Seadoe is a beginner-friendly virtual trading app that lets you practice real-time stock trading with virtual money. It’s one of the good paper trading apps to learn and grow in the market.
Key Features
Paper Trading
- Start with ₹1 Lakh in virtual cash
- Buy and sell NSE equity stocks
- Try out strategies like averaging
- Keep an eye on your watchlist and view all your past trades
Note: Only market orders are supported right now (F&O is coming soon)
Trade Journal
- Keep a detailed log of all your trades. Intraday, Swing, MCX, and Futures
- Add notes about your strategy, analysis, or any mistakes
- Get a monthly summary of your success rate, profits, losses, and trade stats
- More smart insights and features are on the way.
App Insights:
| Seadoe | Android |
| Installs | 10K+ |
| Ratings | 3.4/5 |
| Reviews | 97 |
| Compatibility | 6.0 and up |
How to Choose the Right Paper Trading App?
Not all paper trading apps are the same. Here are some easy things to check before you choose one:
1. Real-Time Market Data
Pick an app that gives you live or close-to-live market prices. This helps you experience trading just like the real stock market.
2. Virtual Cash Limit
Check how much virtual money the app gives you to start. Most apps offer ₹1 lakh or $100,000, enough to try out different trades and strategies.
3. Supported Markets & Assets
Choose an app based on what you want to trade:
- Indian stock market (NSE/BSE)
- Futures & Options (FnO)
- Cryptocurrencies like Bitcoin, Ethereum, etc.
- Global stock markets
4. Order Types & Features
A good app should let you:
- Place market and limit orders
- Create a watchlist
- See your trade history
- Check option chain data (if trading FnO)
- Track your performance
5. Trade Journal & Insights
Apps that let you write down your trades and mistakes help you understand what’s working and improve over time.
6. Learning Materials
If you’re new to trading, look for apps with easy tutorials, blog posts, or guides to help you understand the basics.
7. Easy-to-Use Design
A clean and simple interface makes the app more fun and easier to use—especially if you’re using it daily to practice.
8. Community & Contests
Apps with active communities or mock trading contests (like FrontPage or Roostoo) make learning more fun and competitive.
9. Ads & Paid Features
Free apps are great, but check:
- If the ads are too distracting
- If you have to pay for important features
- Whether tools like cloud backup or insights are only in the paid version
Conclusion
Paper trading apps are a fantastic way to learn and practice trading without risking any real money. Whether you’re into stocks, futures & options, or even crypto, there’s a paper trading app that can help you get started.
FAQs
Which app is best for paper trading?
TradingView is one of the best apps for paper trading, offering a variety of features and real-time data.
Which is the best free paper trading app in India?
Upstox and Groww are great free paper trading apps available in India, offering stocks and F&O trading with virtual money.
Which is the best crypto paper trading app?
Roostoo and eToro are excellent for crypto paper trading, allowing you to practice trading popular cryptocurrencies risk-free.
Which is the best paper trading app for options?
Thinkorswim by TD Ameritrade and Webull are top apps for paper trading options, with powerful tools and features for strategy testing.
Which is the best forex paper trading app?
MetaTrader 4 (MT4) and TradingView are great choices for forex paper trading, offering real-time market data and extensive tools.
Which is the best paper trading app for beginners?
Zerodha Varsity and TradingView are perfect for beginners, offering simple interfaces and comprehensive educational resources for easy learning.
