Best Paper Trading Apps in India 2025

Paper trading apps have emerged as vital tools for investors and traders. They offer a risk-free environment to practice trading strategies and learn stock market dynamics without using real money. These apps simulate real-time market conditions which enables users to build confidence, understand market intricacies, and refine their trading skills before transitioning to live trading. 

Whether you are a novice exploring the basics or an experienced trader testing new strategies, paper trading apps provide an ideal platform to sharpen your expertise. This article will discuss the best paper trading apps in India that help you start stock trading safely.

List of Best Paper Trading Apps in India

Here’s a curated list of the best paper trading apps and websites to kickstart your trading journey:

Overview of Best Paper Trading Apps

Let’s dive into these best paper trading platforms to explore their features and offerings:

1. Frontpage

Frontpage is one of the most popular app for paper trading in India. This app comes with real-time market data, charts, customized watchlists, technical indicators, and a simple user interface with which individuals can practice trading stocks, options, and even cryptocurrency risk-free. Furthermore, this platform provides a Profit/Loss statement of your account and you will get Rs 10 lacks instant virtual cash to get started with this app for trading which you can reset at any time.

Features

• Real-time data with charts and technical indicators

• Rs. 10 lakh virtual cash, resettable anytime

• Profit/Loss statements and a simple interface

2. Trading View

TradingView is a popular analytical platform that also provides a paper trading facility. Their paper trading facility enables users to practice trading with virtual money in real-time market conditions without any financial risk. Its seamless integration with charts and 100s of indicators makes it a go-to platform for beginner as well as experienced traders to learn market dynamics and try out new strategies. Trading View initially gives you $1,00,000 which is approximately Rs. 85,00,000 worth of free virtual money which you can reset as many times as you'd like.

Features

• $100,000 virtual money for real-time market simulation

• Advanced charts with 100+ indicators

• Ideal for testing and learning strategies

3. Stock Trainer: Virtual Trading

Stock Trainer is a popular paper trading app, which gives users the experience of trading on various markets including stocks, futures, options, and cryptocurrencies.

It offers stock news, account summaries, vast libraries of historical data, tools for technical analysis, and the creation of custom watchlists. Stock Trainer also provides educational resources to help the user enhance their trading knowledge. Moreover, Stock Trainer covers 13 countries and over 20 different stock exchanges and is still expanding more countries in their platform.

Features

• Supports multiple markets (stocks, options, crypto)

• Historical data and customizable watchlists

• Covers 13 countries with educational resources

4. Virtual Trading App 2.0

Virtual Trading App 2.0 is designed for the NSE stock market, catering to both beginners and experienced traders. The app offers unlimited virtual trading, various order types, advanced charts, and daily profit-and-loss reports. Premium features include ad-free access, stop-loss, and target settings, advanced reports, and cloud backups. 

Features

• Unlimited NSE virtual trading with advanced charts

• Profit/Loss reports and cloud backups

• Premium features include ad-free access and stop-loss

5. Streak by Zerodha

Streak is a trading app by Zerodha that offers various features such as scanners, backtesting, virtual trading, and technicals. The application has an easy-to-use interface that can be used to create, backtest, and deploy trading strategies in real-time using historical data. With its virtual trading feature traders can test their trades on a variety of assets such as stocks, commodities, and indices and track the performance. 

Features

• Scanners, backtesting, and strategy deployment

• Virtual trading for stocks, commodities, indices

• Tracks performance using real-time data

6. FinVedas

FinVedas is a comprehensive stock market learning and trading platform providing advanced charting, virtual trading with Rs 10 lacks virtual money, and 80+ indicators to test and refine strategies. It offers professional-grade TradingView charts, multiple timeframes from 1 minute to 1 month, customizable watchlists, trade analysis tools, and support for market and limit orders.

Features

• Rs. 10 lakh virtual cash with 80+ indicators

• Professional-grade TradingView charts

• Trade analysis tools and customizable watchlists

7. AInvest: Paper Trading

AInvest's paper trading app provides a comprehensive platform for traders to practice and refine their strategies with $100,000 in virtual cash. Users can create custom stock screeners or leverage pre-built ones to discover the best trading opportunities. The app offers advanced technical analysis tools, real-time stock quotes, market data, and news to support informed decision-making. With features like detailed portfolio performance tracking, access to financial statements, and fundamental analysis resources, AInvest ensures a robust trading experience.

Features

• $100,000 virtual money for practice

• Custom stock screeners and technical tools

• Real-time quotes and detailed portfolio tracking

8. Paper

Designed for both novice and experienced traders, this free app provides a risk-free environment to practice trading strategies with live market data. Users can simulate the decision-making and emotional aspects of real trading without using actual capital through its realistic trading experience. Featuring a user-friendly interface and live Nifty and Bank Nifty options, "Paper" helps users hone their skills, build discipline, and gain confidence in trading.

Features

• Risk-free simulation with live market data

• User-friendly interface for realistic trading

• Nifty and Bank Nifty options included

9. StockEx

StockEx is an innovative virtual option trading platform developed by Btech Traders. This app is designed to offer a comprehensive introduction to the stock market and stock analysis. With features like customisable watchlists, real-time scanners, detailed stock fundamentals, NSE, and global heat maps, it empowers users to track and analyse market trends effectively, other tools such as live leaderboards foster competition and learning. with robust customer support and educational resources, StockEx Virtual Trading FNO bridges the gap between learning and practical trading in a risk-free environment.

Features

• Real-time scanners and NSE/global heat maps

• Customizable watchlists and live leaderboards

• Educational resources with robust support

10. Neostox

Neostox is India's first AI-enabled platform to Learn, Practice, and Trade with Virtual Money in the Live Stock Market. The platform also offers Analytics to help traders make good tactical and strategic decisions before actually trading with real money. Neostox platform has more than 500,000 subscribers today with features like back-testing and algorithmic trading to help both, aspiring as well as expert stock traders, perfect their trading strategies ahead of deploying them in live markets with real money. Virtual money is always available for topping up in one's account anytime the user wants.

Features

• AI-enabled platform with backtesting and analytics

• Virtual money with unlimited top-ups

• Features algorithmic trading and 500,000+ users

Feature Comparison Table of Top Paper Trading Apps

To make a final decision, let’s compare the ratings and features of the best paper trading apps in India:

How to do Paper Trading

Paper trading is an excellent way for beginners and experienced traders to practice trading without risking real money. It allows you to simulate real-time trading environments and test strategies under market conditions. Here’s a step-by-step guide to get started with paper trading

• Choose a Platform: Choose a reliable Paper Trading platform and Sign Up

• Explore the Platform: Familiarize yourself with the features and tools offered by the platform.

• Approach and Strategies: While practicing virtual trading, define your trading style and develop strategies. You can explore various approaches, such as,

• Scalping: This strategy involves making quick trades to capitalize on small price changes, often within minutes or hours.

• Intraday: Intraday trading buying and selling stocks within the same trading day to profit from short-term price movements. This strategy is only ideal for those who can monitor markets closely.

• Swing Trade: In swing trading, traders aim to capture price movements over several days or weeks. This strategy involves analyzing trends and patterns and balancing technical and fundamental analysis.

• Position Trading: Positional Trading involves holding trades for weeks or even months to capitalize on a stock’s potential growth.

• Set Goals and Risk Management Rules: Define and set goals clearly, while also maintaining risk tolerance, outlining stop loss, target, and trade size.

• Start Trading: Use the platform's trading tools to practice trading based on real-time market data. Monitor your trades, and track their performance.

• Maintain Discipline: Treat Paper trading as seriously as real trading, Develop habits such as setting stop-losses, adhering to position-sizing rules, and managing your emotions to build discipline.

• Track Your Performance: Maintain a trading journal to document your trades, strategies, and outcomes. This helps to identify patterns, refine techniques, and build confidence.

• Analyse and Improve: Review your performance regularly to spot strengths and weaknesses. Use the insights to tweak your strategies and improve your decision-making process.

Remember, it's a paper trading process. You can make some mistakes and explore the different ways to do things. To say the least, work on your chart eye, and don't put real trades in until you know your performance metrics for any given strategy.

How to Transition from Paper Trading to Real Trading

The transition from paper trading to real trading is the biggest milestone for any trader. While paper trading sets the ground for practice, strategies, and building one's confidence, live trading introduces the element of real money and emotions of risk in the markets. Here is a step-by-step guide on transitioning smoothly:

• Trading Psychology and Bias: Real trading introduces emotional aspects such as fear and greed, which are absent in paper trading. Recognize your psychological biases, such as overconfidence or fear of missing out (FOMO), and work on managing them.

• Focus on Capital Preservation: Treat your initial capital as the foundation of your trading journey and prioritize protecting your funds over chasing profits. 

• Real and Virtual Money: Paper trading with virtual money helps you with the simulation of live trading without any risks. However, when it comes to live trading it involves real money with higher stakes and consequences. Understanding these differences is essential. 

• Capital Allocation: Diversify your capital and avoid placing large portions in a single position. It is better to lose 50% of your capital in 20 trades than to lose in 5 trades. This reduces risk and prevents major losses from a single market movement. 

• Set Realistic Expectations: Understand that the dynamics of real trading and paper trading differ significantly. Thus, setting realistic goals with a steady approach is essential for live trading.

Following these steps will make your transition from paper trading to real trading smooth and confident. Remember that trading success is a gradual process, requiring perseverance, adaptability, and emotional control.

Check out our blog on “how to start trading” to get started in the market

Conclusion

Paper trading apps have become the most indispensable tool for traders, regardless of experience level, allowing them to learn, experiment, and hone strategies in a completely risk-free environment. Whether he is a beginner who wants to understand market dynamics or an experienced trader looking to test different strategies, these platforms offer a perfect simulation of real-world trading. Users can build their confidence, sharpen their skills, and transition with ease into real-time trading with features such as real-time data, customizable tools, charts, and detailed analytics. Choosing the right paper trading app, tailored to one's goals, can be the first step on the road to a successful trading journey.

FAQs

1. What is "paper trading," and is it beneficial?

Paper trading is a simulated trading process where people practice buying and selling securities without using real money, often with real-time market data. It’s beneficial for learning market dynamics, testing strategies, and building confidence without financial risk.

2. Which app is best for paper trading?

Frontpage and Tradingview are considered the best paper trading apps due to their features like advanced charting tools, real-time market data, and technical analysis features.

3. Is the paper trading app safe?

Yes, paper trading apps are completely safe as they use virtual money rather than real money without any risk of financial loss.

4. What are the differences between paper trading and real trading?

Paper trading involves the simulation of trading using virtual money, allowing users to practice without real financial risk. Real trading, on the other hand, involves actual financial transactions with real money, exposing traders to the potential for profit or loss.

5. Can beginners benefit from paper trading?

Yes, beginners can greatly benefit from paper trading as it allows them to practice strategies, learn the mechanics of trading, and gain confidence without the risk of losing real money. It helps build familiarity with market conditions and trading platforms.