Exploring The Best Paper Trading Apps In India For Aspiring Traders

In the world of stock trading, knowledge and practice are the keys to success. Before diving into the real market, it’s crucial for beginners to learn the ropes, understand market dynamics, and develop their trading strategies. This is where paper trading apps come into play. These virtual trading platforms allow aspiring traders to simulate real market conditions without risking their hard-earned money. In India, where the stock market is gaining popularity by the day, having access to the best paper trading app can be a game-changer. In this article, we will explore some of the top paper trading apps available in India.

Moneybhai by Moneycontrol

Moneybhai is a renowned paper trading app offered by Moneycontrol, one of India’s leading financial news and information portals. This app is an excellent choice for both beginners and experienced traders. It provides users with a virtual cash balance to practice trading in stocks, commodities, and derivatives.

Key Features:

  • Real-time market data and charts.
  • A user-friendly interface for easy navigation.
  • Access to various trading segments, including equity, derivatives, and commodities.
  • Comprehensive research tools and educational resources.
  • Regular virtual trading competitions with real cash prizes.


Upstox, a popular discount brokerage firm in India, offers a user-friendly paper trading platform. While it primarily serves as a live trading platform, Upstox also provides a demo account for practicing trading strategies.

Key Features:

  • Seamless transition from paper trading to live trading.
  • Access to historical and real-time market data.
  • Wide range of trading instruments, including stocks, commodities, and derivatives.
  • Integration with charting tools for technical analysis.
  • Responsive customer support for assistance.

NSE Paathshala

NSE Paathshala is an initiative by the National Stock Exchange of India (NSE) to educate and empower traders. It offers a simulated trading platform to hone trading skills without any financial risk.

Key Features:

  • Real-time market data with a delay of 15 minutes.
  • Access to NSE Academy’s courses and webinars.
  • Opportunity to compete with other traders in virtual trading contests.
  • Learning resources, including articles and videos.
  • Integration with NSE’s real trading platform.

Angel Broking

Angel Broking is a prominent full-service brokerage firm in India. They offer a paper trading platform known as ‘Angel Broking Virtual Trading.’ This platform is suitable for those looking to practice trading before making live investments.

Key Features:

  • Real-time market data for stocks and commodities.
  • A virtual account with a substantial amount of virtual cash.
  • Integration with Angel Broking’s research and advisory services.
  • User-friendly interface.
  • The ability to track your virtual portfolio and performance.


5paisa is a well-known discount brokerage platform in India. They provide a paper trading feature for beginners to practice and get a feel for the market.

Key Features:

  • Access to real-time market data.
  • Integration with technical analysis tools.
  • A user-friendly mobile app for on-the-go trading practice.
  • Seamless transition to live trading with 5paisa brokerage services.
  • Educational content and tutorials for beginners.

Stock Trainer: Virtual Trading (NSE/BSE) by A-Life Software

For those seeking a more customizable and feature-rich paper trading experience, the Stock Trainer app is a good option. While not affiliated with any brokerage, it offers a comprehensive virtual trading environment.

Key Features:

  • Practice trading on both NSE and BSE.
  • Historical and real-time market data.
  • Over 60 technical indicators for in-depth analysis.
  • Option to create custom trading strategies.
  • User-friendly and customizable interface.


Choosing the best paper trading app in India depends on your specific needs and preferences. Whether you’re a novice trader looking to get a taste of the stock market or an experienced investor testing new strategies, these paper trading apps offer a risk-free way to improve your trading skills.

It’s important to note that while paper trading provides a valuable learning experience, real-life market conditions may differ. Therefore, it’s advisable to complement your virtual trading practice with continuous learning, research, and market analysis. Additionally, once you gain confidence and expertise through paper trading, consider transitioning to live trading with a reputable brokerage platform.

In conclusion, the best paper trading app for you is the one that aligns with your goals, offers the features you need, and provides a user-friendly experience. With the right app and a commitment to learning, you can take significant steps toward becoming a successful trader in the Indian stock market.


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