Free paper trading apps (2026)
We track 32 simulators for free paper trading. They are ordered by how completely their details are verified from provider pages, not by quality or payment.
Of these, 32 are listed as free (TradingView Paper Trading, Webull paperTrade, Interactive Brokers Paper Trading, NinjaTrader Simulator, TradeStation Simulator, Alpaca Paper Trading API and 26 more), 16 use real-time or live data at least partly (TradingView Paper Trading, Webull paperTrade, Interactive Brokers Paper Trading, NinjaTrader Simulator, TradeStation Simulator, Alpaca Paper Trading API and 10 more), and 4 can be used without a brokerage account (Alpaca Paper Trading API, moomoo Paper Trading, Tradeskill, InvestGame).
The most completely documented options here are TradingView Paper Trading (price: Free (any TradingView plan); data: US stocks Cboe feed by default; CME futures 10-min delayed unless real-time bought; crypto real-time; starting balance: $100,000 default (per StockBrokers.com via SnappChart)); Webull paperTrade (price: Free; data: real-time incl. Level 2; starting balance: Unlimited virtual funds); Interactive Brokers Paper Trading (price: Free; data: Free trial: delayed 10-15 min (OTC spot FX & metals non-delayed); paper account mirrors live data subscriptions; starting balance: US$1,000,000 (paper account)).
How to choose: decide first whether you need the same market you will trade for real (e.g. NSE F&O vs US stocks), whether delayed quotes are acceptable for your style (they are fine for long-term practice, poor for day trading), and whether the app forces you to open a brokerage account. Each linked listing shows its sources so you can confirm the details.
| Simulator | Assets | Data | Price | Account |
|---|---|---|---|---|
| TradingView Paper Trading | stocks, forex, crypto, futures, indices | US stocks Cboe feed by default; CME futures 10-min delayed unless real-time bought; crypto real-time | Free (any TradingView plan) | Free TradingView account |
| Webull paperTrade | stocks, ETFs, options, crypto, event contracts | real-time incl. Level 2 | Free | Free Webull account, $0 balance |
| Interactive Brokers Paper Trading | stocks, ETFs, options, futures, forex, crypto, bonds, metals | Free trial: delayed 10-15 min (OTC spot FX & metals non-delayed); paper account mirrors live data subscriptions | Free | Free trial, or paper account once a live account is approved (funding not required for approval) |
| NinjaTrader Simulator | futures | Live streaming for 14-day trial, then delayed unless data subscription or funded account | Free platform and simulator (paid platform licences optional) | Free; no deposit required |
| TradeStation Simulator | stocks, ETFs, mutual funds, options, futures | Free real-time data for non-professionals (funded account required) | Free with account | Funded TradeStation account required |
| Alpaca Paper Trading API | stocks | Real-time IEX data (Paper Only accounts get IEX only) | Free | Paper Only Account needs only an email |
| eToro Virtual Portfolio | stocks, ETFs, crypto, CFDs | real-time (per TradeAlgo) | Free | eToro account |
| Bybit Demo Trading | crypto spot, crypto futures/options | Simulates mainnet prices | Free | Bybit account; no KYC for demo |
| Schwab thinkorswim paperMoney | stocks, options, futures, forex | Real-time simulated market data (paperMoney) | Free | Schwab login, or 30-day Guest Pass without account (not extendable) |
| moomoo Paper Trading | stocks, ETFs, options, futures, crypto | real-time quotes | Free | Free moomoo app login; no brokerage account needed |
| Investopedia Stock Simulator | stocks, ETFs, options (buy only, no writing) | Delayed; game owner sets delay (default 20 min) | Free | Free signup, no financial info |
| HowTheMarketWorks | stocks, ETFs, bonds, mutual funds | Real quotes; some real-time, some delayed 15-20 min; US orders fill at real-time bid/ask | Free (ad-supported); classroom plans $10/student (grades 6-12), $25/student (university) | Free account; teachers create private contests |
| E*TRADE (Power E*TRADE) Paper Trading | stocks, ETFs, options | unknown | Free for clients | E*TRADE client |
| Plus500 Demo | CFDs | unknown | Free | Demo with no time limit |
| MetaTrader 4/5 Demo (via brokers) | forex, CFDs | depends on broker | Free | Demo opened in the terminal on a broker's server; no investment |
| Tradeskill | stocks, ETFs, crypto | Live prices (per site) | Free forever (per site) | Sign-up, no brokerage |
| Vantage App Demo | CFDs on forex, indices, commodities, shares, ETFs, bonds | unknown | Free | unknown |
| CME Group Trading Simulator | futures, options on futures | Real market data delayed 10 min in practice; real-time in Trading Challenges | Free ($0) | Free CME Group login |
| InvestGame | stocks, crypto, forex | Real-time (per site) | Free | Account (browser) |
| Sensibull | options | Delayed by 1 minute (regulatory) | Free for Zerodha customers; others get a 3-day mini-trial and can start a 7-day trial | Broker-linked |
| Neostox | stocks, futures, options | Delayed by 30 days (Neostox FAQ) | Free trial, then subscription (e.g. Silver ₹589/month incl. GST) | Account; free trial |
| PaperTrader PRO | stocks, futures, options, commodities, crypto | Live NSE prices (per site) | Free app; crypto trading is Premium | unknown |
| Binance Futures Testnet | crypto futures | unknown | Free | Binance account (Futures mock trading) |
| IG Demo Account | CFDs, forex, indices, shares | unknown | Free | unknown |
| 5Trade Paper Trading | futures, options, commodities, forex, crypto, stocks | Live real-time data (official) | Free | KYC required |
| AlgoCharting | stocks, futures, options, crypto derivatives | real-time | Free | unknown |
| TradingView The Leap (competitions) | stocks, futures, forex, crypto | unknown | Free entry | TradingView account (plan requirement varies by edition); 18+ |
| JagSim | stocks, crypto | unknown | Free | unknown |
| Wall Street Survivor | stocks | unknown | Free stock game; paid courses | unknown |
| QSTMarkets Terminal | unknown | unknown | Free | unknown |
| ChartMini | unknown | unknown | Free (per Product Hunt listing title) | unknown |
| GlanWick | stocks, crypto, forex, indices, commodities, ETFs, futures | unknown | Free journal; paid plans for advanced analytics/broker sync (7-day trial) | unknown |
FAQ
What is the best paper trading app for free paper trading?
It depends on your market and data needs. The most completely documented options in our dataset are TradingView Paper Trading, Webull paperTrade, Interactive Brokers Paper Trading. Compare data delay, price and account rules in the table above.
Which paper trading apps for free paper trading are free?
Listed as free: TradingView Paper Trading, Webull paperTrade, Interactive Brokers Paper Trading, NinjaTrader Simulator, TradeStation Simulator, Alpaca Paper Trading API, eToro Virtual Portfolio, Bybit Demo Trading, Schwab thinkorswim paperMoney, moomoo Paper Trading and 22 more. Some 'free' simulators require a funded or approved brokerage account; see each listing.
Which have real-time data?
Real-time or live data (at least partly): TradingView Paper Trading, Webull paperTrade, Interactive Brokers Paper Trading, NinjaTrader Simulator, TradeStation Simulator, Alpaca Paper Trading API, eToro Virtual Portfolio, Schwab thinkorswim paperMoney, moomoo Paper Trading, HowTheMarketWorks and 6 more. Check each listing for delays on specific markets.
Can I paper trade without opening a brokerage account?
Yes, these need no brokerage account: Alpaca Paper Trading API, moomoo Paper Trading, Tradeskill, InvestGame.
Comparisons on this list
Related lists
Information only, not financial advice. Simulated results do not predict real results. Features and availability change and vary by country; check the provider's site. Sponsored or affiliate links, if any, are labelled.