finance

Best Paper Trading Apps

Discover the top paper trading apps to practice stock trading without risking real money. These apps offer realistic market simulations and are perfect for beginners or anyone looking to refine their skills. Ideal for those exploring the financial market without any financial commitment.

4 Apps
4.7 ★ Avg Rating
Finance Category
Last updated December 2024
Stock Market Simulator & Game

Stock Market Simulator & Game

5.0 ★ Free

A top-rated paper trading app designed for both beginners and seasoned traders. The app features a real-time stock market simulator and an extensive platform with educational resources. Users can try out different trading strategies to understand real-world market dynamics. The app’s paper trading features provides users with a realistic trading experience, enabling them to make decisions and learn without losing real money.

Best for: Day traders, educators, finance students, beginner traders

Pros:

  • Real-time stock market data
  • Advanced charting tools
  • Performance analytics
  • Excellent educational resources

Cons:

  • Some features are only available with a subscription
Available on
iOS Android
Visit Website
TradingView

TradingView

4.8 ★ Free

TradingView is a popular platform known for its real-time data and extensive charting tools. It allows users to simulate trading strategies effectively with its paper trading feature. Perfect for beginners and experienced traders looking to test their strategies before using real money.

Best for: Traders looking for extensive charting tools

Pros:

  • Comprehensive charting tools
  • Community support
  • Multiplatform availability

Cons:

  • Some features are locked behind a paywall
Available on
iOS Android
Visit Website
Thinkorswim PaperMoney

Thinkorswim PaperMoney

4.7 ★ Free

Thinkorswim PaperMoney by TD Ameritrade offers an in-depth trading experience with a wide range of analytical tools. The platform is designed to help users engage in simulated trading with commodities, stocks, and options without any risk.

Best for: Aspiring traders interested in commodities and options

Pros:

  • Strong educational resources
  • Comprehensive tools
  • No risk involved

Cons:

  • Can be complex for absolute beginners
Available on
iOS Android
Visit Website
eToro

eToro

4.4 ★ Free

eToro's demo account is designed for those looking to practice their trading skills in a social trading environment. It offers full access to all eToro's tools and features as well as $100,000 in virtual money for a risk-free trading experience.

Best for: Traders interested in a social trading platform

Pros:

  • Social trading
  • Access to all tools
  • Risk-free learning

Cons:

  • May not cover all types of assets
Available on
iOS Android
Visit Website

Comparison Overview

App Rating Price Best For
Stock Market Simulator & Game 5 ★ Free with in-app purchases A top-rated paper trading app designed for both beginners and seasoned traders.
TradingView 4.8 ★ Free with premium subscription options TradingView is a popular platform known for its real-time data and extensive charting tools.
Thinkorswim PaperMoney 4.7 ★ Free Thinkorswim PaperMoney by TD Ameritrade offers an in-depth trading experience with a wide range of analytical tools.
eToro 4.4 ★ Free eToro's demo account is designed for those looking to practice their trading skills in a social trading environment.

Quick Tips

  • Start with a platform that offers educational resources for beginners.
  • Experiment with different trading strategies without financial risks.
  • Choose an app that mirrors real market conditions closely.
  • Utilize platforms with robust analytical tools for better insights.
  • Join trading communities for shared learning experiences.

More finance Collections