TradeStation is well-known as a broker for high-volume professional traders, and its virtual platform offers the full features of its real-life trading platform. Virtual Stock Exchange is offered by MarketWatch, and it allows you to create your own games or you can join one of the tens of thousands of games that are currently in play. If you’re designing your own game, you can set whether players can trade on margin or short-sell stocks, how long the game lasts and how much virtual money players begin the game with.
By simulating the real stock market environment, it allows users to engage in virtual trading of stocks from major exchanges around the globe. Users can execute Market, Limit, and Stop Loss orders, closely mimicking the operations of a real stock exchange. The stock trading simulator app offers live market quotes, ensuring that the trading experience is as close to reality as possible. With tools for both fundamental and technical analysis, including detailed statistics, company news, and various chart patterns, it empowers users to make informed decisions.
The simulator functions exactly like an actual brokerage account — you can buy and sell stocks in real-time conditions. Unlike other platforms, it allows you to practice the same hotkeys and methodologies you can expect to use while trading on the live market. Generate hotkeys for going long or short, create profit targets and stop orders, put a stop at breakeven, and cancel all orders with just one click. So, when you see your performance improving on trading games, you can switch to the real stock market and start trading real money and get better returns on your investments. Not only this, Dalal Street is one of the best virtual trading apps in India that helps you easily monitor the status of your favorite stocks over time.
MarketWatch
Designed with an intuitive interface, this stock trading simulator app serves as an educational tool for both novices and experienced traders looking to refine their strategies. Users start with a best virtual trading app virtual balance, enabling them to buy and sell stocks as if they were participating in the actual US stock exchange. The app provides historical data, statistics, and news for each stock, aiding users in making informed trading decisions. Simple Stock Simulator is a user-friendly stock trading simulator app and paper trading platform designed to introduce newcomers to the stock market. Launched by David Razmadze, this app offers a straightforward approach to investing, providing users with a virtual $10,000 to trade over 9000+ stocks, ETFs, and other financial instruments. Its simplicity is its hallmark, catering specifically to those who are taking their first steps in the world of investing.
You can trade currencies with real-time charts and technical analysis tools, making it a suitable practice trading platform for forex traders. NinjaTrader provides a free simulation account that lets you practice trading futures and forex markets. It offers advanced charting, market analysis, and a variety of tools to help you develop your strategies on this practice trading simulator.
Best Paper Trading Platforms for 2025
TradingView is a virtual trading platform that enables users to participate in various markets, including currencies, futures, cryptocurrencies, bonds, and stocks. The company also provides over 10 different types of sophisticated charts, allowing traders to analyze market dynamics effectively. Interactive Brokers, or IBKR, scores the highest out of all the brokers we reviewed this year. What makes IBKR unique is that it allows you to practice with all the investments the broker offers.
Best Stock Market Simulator: Day Trading Simulator + More (Free Virtual Paper Trading Platforms & Apps)
Virtual trading can be an excellent starting point for new traders to gain confidence and knowledge before venturing into real trading. On the other hand, real trading offers the potential for financial gains and losses, providing hands-on experience in the real market environment. NinjaTrader is perfect for active traders who want lots of technical analysis tools. It provides a simulated trading platform as an integral module of the trading education process.
Zerodha Varsity provides a comprehensive library of stock market lessons, complete with illustrations, covering a wide range of topics in great detail. Furthermore, users have the opportunity to test their knowledge through quizzes at the conclusion of each main topic. To add excitement to the learning process, users can even opt for a certification exam upon completing the course. Paper trading is a practice that mimics actual stock market conditions and prices, but instead of using real money, you trade with virtual currency.
Day traders love TradeStation as a trading platform (our editorial team chose it as the best day trading platform in 2025), which comes with a free trading simulator. The simulator offers all the charting and analysis tools you’ll need to test your strategies and gain confidence before you start trading. With Sensibull, traders at all levels can learn and practice options trading without the need to invest real money. It provides a risk-free environment to enhance knowledge and skills in the world of options trading. Overall, these stock market apps are useful, when you have no or little money, to begin with. It also teaches you important lesson regarding, when to buy, when to sell, when to average down etc.
Trade Ideas
- The platform is designed to be intuitive, making it easy to navigate even if you’re new to trading.
- You should only engage in any such activity only if you are fully aware of the relevant risks.
- Some of the best paper trading websites in international and Indian markets also let you learn and understand the basic rules of stock exchange.
- Like other companies that offer a demo account, Webull paper trading gives you an option to gain some experience before investing real money.
- The platform’s integration of TD Ameritrade’s renowned trader education tools means that users have access to high-quality resources, from webinars to live trading sessions.
It enables users to learn and enhance their investing skills through simulations and beginners’ guides. Users can track and replicate trades of other traders using the Copy Trade feature, fostering a social virtual trading experience for beginners. Sensibull’s paper trading feature presents a practical option for traders. Like other available alternatives, It allows users to practice trading options with virtual money while providing tools for creating and analyzing option strategies.
- It offers a realistic trading environment with extensive historical data and user-friendly tools.
- Carolyn has more than 20 years of writing and editing experience at major media outlets including NerdWallet, the Los Angeles Times and the San Jose Mercury News.
- One of the most common reasons to use a stock simulator is to get the experience of investing in the market without the risk.
- Like other available alternatives, It allows users to practice trading options with virtual money while providing tools for creating and analyzing option strategies.
- We are not contractually obligated in any way to offer positive or recommendatory reviews of their services.
You can simulate trading stocks, options, futures, currencies, cryptocurrencies, and more. Thinkorswim’s power and countless charting capabilities and indicators will give you an unlimited combination of strategies to test. EToro offers a Demo Account to all of its users which allows you to practice investing with $100,000 in virtual currency. Paper trading is the best way to practice investing and testing different technical trading strategies. Any trader who wants to test out a new technical trading strategy or new indicator can do so without risking money.
For a more in-depth experience, the Pro subscription provides access to advanced analytical tools. Virtual Trading Simulator is an innovative stock trading simulator app designed to offer a realistic trading experience in a risk-free environment. Developed by La Bolsa Virtual SL, this app caters to both beginners and seasoned traders looking to sharpen their skills without the financial risk.
There are options to view weekly/monthly/yearly charts, order history, and add price alerts for your favorite stocks. To make things more interesting, it connects you with other users and friends so you can exchange insider information or compete against them. With this Best Brokers Game, you can improve your knowledge about the stock market and test new trading strategies directly from your smartphone. You can utilize over 400 technical studies, including basic support, resistance, candlestick, and profile charts. The platform also supports advanced trading methodologies with complex charts, such as monkey bars and Renko charts, and up to 20 drawing tools with 8 Fibonacci tools.