When it comes to investing, you want the best tools available. And if you’re an app lover, then you’ll definitely want the best apps for virtual trading.
Whether you’re new to the game or a seasoned veteran, these apps are perfect for simulation. You can learn how to trade without risking a dime, and practice your strategies until they’re as sharp as a katana!
The best part about these apps is that they’re not just for beginners. Even if you’ve been trading for years, there’s no better way to test out new theories and methods than by virtually trading with real-time data.
So what are you waiting for? Check out our list of some of the best apps for virtual trading and get started today!
Best Apps For Virtual Trading
List of 10 Best Virtual Trading Apps for Beginners and Professionals
If you are looking for top mock trading apps, then your hunt ends here. We present you some of the most sought after stock trainer apps, which are backed by finance and stock market experts.
- Zerodha
- Moneybhai
- Sensibull
- Dalal Street
- Money Pot
- Fidelity
- Investopedia Stock Simulator
- TrakInvest
- ChartMantra
- Moneypot
- Zerodha
Zerodha virtual trading app is the perfect solution for obtaining knowledge about investing in stocks, derivatives, mutual funds, etc. Zerodha offers such a wide reach of stocks across numerous exchanges that you can easily search for your favorite ones.
The virtual stock trading app provides intuitive keyboard shortcuts for beginners to easily analyze and manage their personal portfolio.
Features of Zerodha Dummy Trading App
- Access to level 3 data
Zerodha virtual trading app provides access to level-3 data, which is essential for better understanding of market liquidity.
- Intuitive charts
Zerodha gives you a rundown of important information using its intuitive and customizable charts.
- Set triggers
Set triggers to know when to enter or exit stock holdings.
- Baskets
With Zerodha virtual trading app, you can create and maintain multi-stock baskets.
- Accurate profit and loss statements
The app uses a large stream of historical data to calculate and analyze accurate profit/loss statements.
Pros
- Zerodha provides you APIs to build your own applications.
- The app is suitable for obtaining intraday strategies.
Cons
- Users complain that Zerodha does not provide buy/sell calls
Price: Zerodha virtual trading app provides equity delivery investments free of charge. It charges ₹20 for each order that is executed for intraday trade.
- Moneybhai
Moneybhai is also referred to as moneycontrol virtual trading app. It offers an intraday trading limit of INR 1 crore, which can be invested across multiple assets such as mutual funds, stocks, fixed deposits and much more.
Features of Moneybhai Virtual Trading App
- Enhanced experience
The app uses data from real stock market situations to enhance the virtual trading experience.
- Investment section
Moneybhai allows you to easily view your transaction history, portfolio, profit and loss statements, and much more.
- League formation
By forming leagues, investors can compete against one another. They can even invite their friends and family members.
- Learning section
The app has a dedicated learning section to obtain appropriate investment strategies.
Pros
- Moneybhai, moneycontrol virtual trading app, teaches you techniques which you can directly implement in the real stock market.
- The app has a leaderboard section which shows the standings of different investors.
Cons
- The simulated environment provided by the app may not cover all the variables present in trading in real life.
Price: Moneybhai is a free to download app.
- Sensibull
Sensibull virtual trading application teaches you the nuances of trading without you having to bear any real financial losses. You can directly log into the application from your Zerodha, ICICI direct, 5paisa, Alice Blue or any other relevant broker account. Sensibull provides analytical tools for research through which you can monitor your virtual profits and losses.
Features of Sensibull Virtual Trading App India
- Easy options
The software provides easy options for beginners to further minimize losses.
- Options glance
This feature lets you see the price of all stock options in one go.
- Better monitoring of foreign institutional investors
This app lets you trade the way FIIs are trading and maximizes your chances of returning a profit.
- Tutorials
Sensibull offers a lot of tutorials to teach you the basics of trading and more.
- Events calendar
All the important upcoming events are mentioned within your event calculator.
Pros
- The interface is also easy to use.
- The software regularly organizes seminars on trading psychology.
Cons
- Some investors may derive an unrealistic experience due to Sensibull’s simulated environment.
Price: The price of Sensibull virtual option trading app starts from ₹640 per month.
- Dalal Street Virtual Trading App
Dalal street virtual trading app is one of the most popular virtual trading platforms in India. This is because of its simple and easy to use interface.
Not only this, Dalal Street is one of the best virtual trading app India that helps you easily monitor the status of your favorite stocks over a course of time.
Dalal Street Mock Trading App Features
- Quick notifications
The app provides notifications quickly about buying or selling a specific stock.
- DSIJ Mindshare
This feature lets you keep a tab on important events related to the financial world for a specific day.
- Screener
With its screener feature, it is very easy to obtain all company details related to a stock.
- Involvement of industry experts
Each recommendation of Dalal street virtual trading app is backed by deep analysis and expert opinion.
Pros
- Dalal virtual stock trading app has been offering legitimate advice for over 30 years.
- This stock trainer app provides buy/sell signals based on the latest market movements.
Cons
- At times, the notifications may not produce a sound even if the sound bar is maximum.
Price: Dalal street dummy trading app can be downloaded free of cost from android or apple store.
- Money Pot
What makes Money pot stand out from other virtual trading apps is the specific modules it provides for students, corporates and dedicated investors.
Money pot virtual trading app India can be scaled to suit the needs of university and college students and provide them with a real life trading scenario.
Features of Money Pot Virtual Option Trading App India
- Internal training
You can use this app for training your financial or accounts team.
- Interaction with other traders
This best app for virtual trading facilitates conversation between different investors.
- Exciting rewards
You have the opportunity of earning rewards for each trade you make.
- Ample trading scope
Each time you start a new trade, the app deposits INR 20,00,000 virtual money. You can use this to buy/sell your favorite stocks.
- Expert opinion
You can obtain expert opinion regarding stock trading techniques.
Pros
- It has a simple and easy to use interface.
- Each order is executed within 5 minutes.
Cons
- Experienced traders might find the app lacking in information in some aspects.
Price: The pricing details of Money pot virtual trading platform can be obtained from the official site.
- Fidelity
You can trade stocks, manage portfolio and get quotes in real-time with Fidelity virtual trading app in India. As one of the best virtual trading apps, it also offers online brokerage services along with cash management capabilities. This virtual trading app also provides a range of selection tools for doing order entries.
Features of Fidelity Stock Simulator:
- Asset screeners
Asset screeners help end-users narrow down investment choices.
- Trade executions
Algorithms for price improvement and avoiding payment order flows.
- Account tracking
You can use Fidelity virtual trading app for tracking preferred securities & account positions.
- Chain enhancements
Option of chain enhancements along with multi-leg option trading for extended hours trades.
Pros:
- Outstanding trade executions
- Asset screeners for ETF research
- Flexible news feeds
Cons:
- Option for futures and commodities missing
Pricing: Price details are available on this stock market simulator’s official website.
- Investopedia Stock Simulator
Momentum trading, P/E ratios or equity markets, all is easy with Investopedia Stock Simulator. The stock virtual trading platform makes use of real market data for adjustable commission rates and margin trading.
You can also use this top virtual trading app for handling research investments, review holdings and investment horizons.
Key Features of Investopedia Stock Market Simulator:
- Portfolio analytics
Portfolio analytics to select and manage groups of investments.
- Advanced trade types
The software offers detailed guides for advanced trade types, covering short positions & purchasing stocks.
- Potential picks
Practice stock trading with ease as the platform offers potential picks as the basic criteria for sifting through the stock market.
Pros:
- Simple and easy to use, imitating real market stock operations
- Tracking trade results is super quick
- Option for pursuing advanced trade stock types & purchasing stocks is an added advantage
- Reduced risk of losing the actual capital
Cons:
- The user interface can be more user friendly
Pricing: Investopedia Stock Simulator is a free tool available for download on its official website. Upgraded paid plans are available on its official website.
- TrakInvest
Trading and understanding the stock market is easy with TrakInvest stock virtual trading software. As the best paper trading app in India, TrakInvest also supports portfolio management and social tools for leveraging analytics. You also get access to stock market guides and real-time market information.
TrakInvest Dummy Stock Trading App Features:
- Tracking stocks
Use this dummy stock trading software for tracking stocks as well as traders.
- Copy Trade
This feature helps track which products your peers are investing in.
- Buy/sell stocks
Buy and sell stocks using built-in modules like short selling and portfolio overviews.
- Portfolio snapshot
Portfolio snapshots give details of orders processed, those under process and the ones that have failed.
- GOTC
Global Online Trading Certification for improving investment skills.
Pros:
- Option for creating private tournaments
- Certification courses for improving stock trading skills
- Good number of video guides and tutorials available
Cons:
Need to have more stock options
Pricing: Basic plan starts from Rs 86 per month. Other advanced plans are:
- Premium– ₹729
- GOTC Certification– ₹10,946
- Chart Mantra
Chart Mantra is a preferred choice for investors, traders and such professionals for doing virtual stock trades. The virtual trading app in India is also used for purchasing shares, bonds and commodities.
You can use this stock market simulator for performing technical analysis to invest money in forex and stock markets.
Features of Chart Manta Practice Stock Trading App:
- Technical indicator
Technical indicators for gaining market insight available with this best paper trading app.
- Infographs
Inbuilt infographs for performing the technical analysis of stocks.
- EOD charts
EOD or End of the Day technical charts to understand stock situation.
- Loading new stocks
Loading new stocks with the stock simulator is as easy as managing previous stocks.
- Virtual cash
Here you can practice stock trading with fake money of up to Rs one lakh for playing stock games.
Pros:
- Virtual money for instantly performing instant stock trading.
- Risk free source of learning stock trading for free
Cons:
- The virtual trading experience might seem unrealistic at times.
Pricing: Price details of Chart Mantra dummy stock trading software is available on its official website.
- Moneypot
Moneypot Virtual Trading is a web-based stock virtual trading platform ideal for performing various stock market related functions. You can also use this dummy stock trading software to interact with fellow players regularly to practice stock trading. Built-in further are stocks and equities for providing a virtual trading environment in real-time.
Key Features of Moneypot Paper Trading App:
- Paper trading
Simulated trading processes to help investors practice in a real stock market situation.
- Real-time data
Virtual currency to help you practice stock trading with fake money along with real-time data for more practical training.
- Stocks & equities
Moneypot is a scalable top virtual trading app supporting stocks & equities for all kinds of users.
- Multiple trading strategies
Such strategies help in connecting with online traders for understanding a stock market’s functioning.
Pros:
- Virtual stock trading games where you can learn and earn is a plus.
- Instant notifications for daily transactions.
- Cash booking facility is available to check the amount you are left with for purchasing a stock.
Cons:
- User interface isn’t much impressive.
Pricing: Price details can be accessed by forwarding a chat message to the software vendor’s official website.
virtual trading app for options
There are dozens of virtual options trading simulators available on the market. If you aren’t sure where you’d like to begin your trading, consider a few of our top choices below.
Power E*TRADE
If you plan to trade with E*TRADE, you’ll find plenty of value in the broker’s Power E*TRADE platform. The Power E*TRADE platform provides you with a robust set of trading and charting tools. Practice using these tools, then transfer your strategy back to E*TRADE’s standard options trading platform when you’re ready to invest.
Power E*TRADE also offers a comprehensive education section to help you learn more about the options market and how to use E*TRADE’s tools. The platform even offers a Snapshot Analysis tool to assist in visualizing maximum potential profits and losses, trading opportunities and exit plans without risking trading capital.
Best ForDesktop TradingOverall RatingRead ReviewGET STARTEDsecurely through eTrade’s websiteMore Details
TD Ameritrade “thinkorswim” paperMoney
TD Ameritrade’s thinkorswim platform is renowned in the investment industry as the forerunner of trading platform analysis software. But did you know that thinkorswim also extends to mobile? A thinkorswim paperMoney account allows you to access TD Ameritrade’s groundbreaking mobile trading tools and platform using $100,000 in virtual funds.
PaperMoney accounts offer you full access to TD Ameritrade’s massive range of tools and features — and the mobile platform allows you to perform any trade available on the desktop platform. Work on your trading strategy without impacting your trading capital and master thinkorswim’s platform with a paperMoney account.
Best ForOptions TradingOverall RatingRead ReviewGET STARTEDsecurely through TD Ameritrade’s websiteMore Details
TradeStation Simulated Trading
TradeStation is an excellent option for advanced and day traders, options and futures traders. The platform offers professional tools that give you a comprehensive look at the markets and the ability to execute trades that match your proprietary strategies. Plus, you can use simulated trading to test your theories and learn how the markets will respond to your choices.
TradeStation also offers a range of services that make your life easier, including:
- Educational tools and analytical services
- A wide variety of tradeable assets like stocks, ETFs, crypto, futures, bonds, etc.
- Commission-free trades on stocks and most ETFs
- Fully-functional mobile app
- Taxable, joint, IRA and Roth IRA accounts
- Account minimums from $0 to $2000
Reach out to the customer service team or register for an account today. You can transfer your portfolio to TradeStation or build a brand new portfolio with unique and exciting assets.
Best ForFutures TradingOverall RatingRead ReviewGET STARTEDsecurely through TradeStation’s websiteMore Details
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