Top 5 Paper Trading Apps in India (2025): Practice, Learn & Excel Without Risk
Diving into stock trading without adequate experience can be risky. That’s where paper trading apps come in—they allow you to simulate real-time trades using virtual money. Whether you’re a beginner or refining strategies as a seasoned trader, paper trading helps you learn the ropes without financial risk. In India, several platforms offer robust paper trading features tailored for different trading styles.
In this article, we’ll walk you through the top 5 paper trading apps in India, their unique features, advantages, limitations, and how they help you become a more confident and skilled trader.
1. Zerodha Streak – Best for Algorithmic Strategy Simulation
Key Highlights:
- Seamless integration with Zerodha’s trading platform
- Backtesting with live and historical market data
- No coding needed – drag-and-drop interface
- Real-time insights across NSE and BSE
Pros:
- Powerful for technical and algo traders
- Integrated with India’s top brokerage
- Free for Zerodha users
Cons:
- Not beginner-friendly
- No simulation for options strategies beyond F&O
Why Use It?
Streak allows aspiring traders to automate and test trading strategies without risking real money—perfect for those wanting to step into the world of algorithmic trading in India.
2. Upstox Pro (Paper Trading) – Best for Real-Time Technical Practice
Key Highlights:
- Virtual capital of ₹10 lakh for simulation
- Advanced charting tools like Heikin-Ashi, Renko
- Live data on stocks, commodities, and currencies
Pros:
- Intuitive interface for beginners
- Syncs with Upstox live accounts
- Free for the first 30 days
Cons:
- Paid subscription after trial
- Limited learning material
Upstox Pro is ideal for practicing intraday strategies, placing virtual orders, and understanding technical indicators before going live.
3. TradingView Paper Trading – Best for Chart Analysis and Global Markets
Key Highlights:
- Access to global stocks, forex, crypto
- 100+ indicators, custom charts & drawing tools
- Social platform to share and explore strategies
Pros:
- Industry-leading charting features
- Works across web and mobile
- Free version available
Cons:
- Not connected with Indian brokers
- Free version resets virtual funds daily
TradingView is unmatched for traders who focus on technical charting, price action, and want exposure to international markets.
4. Angel One ARQ Prime – Best for Long-Term Investment Practice
Key Highlights:
- AI-powered recommendations for stocks and mutual funds
- ₹1 crore in virtual funds
- Real-time portfolio monitoring
Pros:
- Great for building virtual portfolios
- Suitable for long-term investors
- Easy-to-use and free
Cons:
- No F&O practice options
- Limited customization
ARQ is built for investors wanting to test investment strategies and understand portfolio diversification using AI-generated insights.
5. Zerodha Varsity – Best for Learning + Simulated Practice
Key Highlights:
- In-depth learning modules on stocks, options, and analysis
- Includes quizzes and simulations
- Free and mobile-accessible
Pros:
- Structured for complete beginners
- Combines theory and practical exercises
- Available in multiple languages
Cons:
- Simulations don’t use real-time data
- No direct integration with trading platforms
Zerodha Varsity is perfect for beginner traders who want to build a solid theoretical foundation before jumping into live or paper trading.
Why Use a Paper Trading App?
Using paper trading platforms provides immense benefits, such as:
- Zero Financial Risk – Try strategies with virtual funds
- Better Decision-Making – Understand how orders work and market movements
- Boosted Confidence – Hone your skills before going live
- Strategy Testing – Validate your setups without losing real capital
FAQs About Paper Trading in India
Q1: Are paper trading apps free to use in India?
Yes, most apps like Zerodha Streak, Angel One ARQ, and Zerodha Varsity are completely free. Others like Upstox Pro offer limited-time free trials.
Q2: Can I practice options trading on these apps?
Yes. Platforms like Zerodha Streak and Upstox Pro support paper trading for F&O (Futures & Options).
Q3: Do these apps offer real-time market data?
Apps such as Streak, TradingView, and Upstox Pro provide access to live or near real-time data for an authentic experience.
Conclusion
Whether you’re a beginner taking baby steps into the stock market or an expert testing new strategies, paper trading apps in India are the perfect bridge to successful live trading. Choose the one that aligns with your style—be it algorithmic, technical, or investment-focused—and start your journey today with zero risk.
