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Best paper trading apps for India (NSE/BSE) (2026)

We track 13 paper trading simulators that either cover Indian markets or are confirmed available to residents of India. Only 11 of them have a provider statement confirming availability there: TradingView Paper Trading, Interactive Brokers Paper Trading, Alpaca Paper Trading API, AlgoTest, Sensibull, Neostox and 5 more. Everything else is marked “Unverified” — we found no statement either way, so check the provider’s sign-up page before you invest time.

Of these, 9 are listed as free (TradingView Paper Trading, Interactive Brokers Paper Trading, Alpaca Paper Trading API, Sensibull, Neostox, PaperTrader PRO and 3 more), 8 use real-time or live data at least partly (TradingView Paper Trading, Interactive Brokers Paper Trading, Alpaca Paper Trading API, AlgoTest, PaperTrader PRO, 5Trade Paper Trading and 2 more), and 2 can be used without a brokerage account (Alpaca Paper Trading API, TradePlay (TradeWire)).

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)); 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)); Alpaca Paper Trading API (price: Free; data: Real-time IEX data (Paper Only accounts get IEX only); starting balance: $100,000 default; balance set when creating a new 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.

SimulatorAvailability in INAssetsDataPrice
TradingView Paper TradingAvailable (verified)stocks, forex, crypto, futures, indicesUS stocks Cboe feed by default; CME futures 10-min delayed unless real-time bought; crypto real-timeFree (any TradingView plan)
Interactive Brokers Paper TradingAvailable (verified)stocks, ETFs, options, futures, forex, crypto, bonds, metalsFree trial: delayed 10-15 min (OTC spot FX & metals non-delayed); paper account mirrors live data subscriptionsFree
Alpaca Paper Trading APIAvailable (verified)stocksReal-time IEX data (Paper Only accounts get IEX only)Free
AlgoTestAvailable (verified)options (F&O)Live market data (forward test)Paid: forward test 50 credits per strategy per 28 days (free tier is backtests only)
SensibullAvailable (verified)optionsDelayed by 1 minute (regulatory)Free for Zerodha customers; others get a 3-day mini-trial and can start a 7-day trial
NeostoxAvailable (verified)stocks, futures, optionsDelayed by 30 days (Neostox FAQ)Free trial, then subscription (e.g. Silver ₹589/month incl. GST)
PaperTrader PROAvailable (verified)stocks, futures, options, commodities, cryptoLive NSE prices (per site)Free app; crypto trading is Premium
5Trade Paper TradingAvailable (verified)futures, options, commodities, forex, crypto, stocksLive real-time data (official)Free
AlgoChartingAvailable (verified)stocks, futures, options, crypto derivativesreal-timeFree
TradingView The Leap (competitions)Available (verified)stocks, futures, forex, cryptounknownFree entry
Pi42 (practice)Available (verified)crypto derivativesunknownunknown
TradePlay (TradeWire)Unverifiedstocks, forex, crypto, indicesReal-time prices (developer site)unknown
StockSim Market SimulatorUnverifiedstocksunknownunknown

FAQ

What is the best paper trading app for India (NSE/BSE)?

It depends on your market and data needs. The most completely documented options in our dataset are TradingView Paper Trading, Interactive Brokers Paper Trading, Alpaca Paper Trading API. Compare data delay, price and account rules in the table above.

Which paper trading apps for India (NSE/BSE) are free?

Listed as free: TradingView Paper Trading, Interactive Brokers Paper Trading, Alpaca Paper Trading API, Sensibull, Neostox, PaperTrader PRO, 5Trade Paper Trading, AlgoCharting, TradingView The Leap (competitions). 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, Interactive Brokers Paper Trading, Alpaca Paper Trading API, AlgoTest, PaperTrader PRO, 5Trade Paper Trading, AlgoCharting, TradePlay (TradeWire). 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, TradePlay (TradeWire).

Which paper trading apps are confirmed available in India?

Provider-confirmed: TradingView Paper Trading, Interactive Brokers Paper Trading, Alpaca Paper Trading API, AlgoTest, Sensibull, Neostox, PaperTrader PRO, 5Trade Paper Trading, AlgoCharting, TradingView The Leap (competitions), Pi42 (practice).

Comparisons on this list

AlgoTest vs NeostoxAlpaca Paper Trading API vs Interactive Brokers Paper TradingSensibull vs Neostox

Related lists

US stocksUK tradersAustraliaCanadaglobal marketsoptionsfuturesforexcryptoCFDsclassrooms & teachersbeginnersfree paper tradingpractising without a brokerage accountreal-time datafree real-time datamarket replayalgo/API testingmobile

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.