Trading Dashboard

Trade Simulator

Virtual Balance: ₹1,00,000

Live Price Chart

RELIANCE - ₹2,845.50 (+1.2%)

Portfolio Summary
Account: Demo123
₹1,04,256.75
Today's P&L +₹2,156.75
Total Return +4.26%
Symbol Qty Avg Price P&L Action
RELIANCE 15 ₹2,780.00 +₹982.50
TCS 8 ₹3,450.00 +₹640.00
INFY 12 ₹1,680.00 -₹234.00
HDFCBANK 6 ₹1,540.00 +₹768.25

Why Practice with Paper Trading?

Risk-Free Learning

Paper trading allows you to practice trading strategies without risking real money. This is especially valuable for beginners who are still learning the ropes.

  • No financial risk while learning
  • Test different trading strategies
  • Understand market mechanics
  • Build confidence before live trading
  • Learn from mistakes without losses

Real Market Conditions

Our paper trading platform uses real market data to simulate actual trading conditions as closely as possible.

  • Live price feeds and charts
  • Real-time order execution
  • Market volatility simulation
  • Commission and fee calculations
  • Portfolio tracking and analysis

How to Get Started with Paper Trading

1

Set Up Your Account

Create your paper trading account with virtual capital. Start with ₹1,00,000 to practice various trading strategies.

2

Learn the Platform

Familiarize yourself with the trading interface, charting tools, and order types. Practice placing different types of orders.

3

Develop a Strategy

Start with simple strategies and gradually incorporate more complex approaches. Test technical indicators and chart patterns.

4

Practice Consistently

Trade regularly to build experience. Treat paper trading as seriously as you would real trading to develop good habits.

5

Analyze Your Performance

Review your trades regularly. Identify what's working and areas for improvement. Keep a trading journal.

6

Transition Gradually

When you're consistently profitable in paper trading, start with small amounts of real capital and gradually increase as you gain confidence.

Paper Trading Platforms

Finance Social Network

Our Platform

Integrated paper trading with real market data:

  • ₹1,00,000 virtual capital
  • Real-time market data
  • All asset classes
  • Advanced charting
  • Performance analytics

TradingView

Popular Choice

Advanced charting with paper trading:

  • $100,000 virtual money
  • Excellent charting tools
  • Social trading features
  • Multi-timeframe analysis
  • Strategy backtesting

Moneybhai

Indian Platform

Indian market focused paper trading:

  • ₹10,00,000 virtual capital
  • NSE & BSE stocks
  • Indian market data
  • Portfolio challenges
  • Learning resources

Frequently Asked Questions

Is paper trading completely risk-free?
Yes, paper trading is completely risk-free in terms of financial loss since you're using virtual money. However, there is a risk of developing bad trading habits if you don't treat it seriously. The psychological aspect of trading with real money is different, so it's important to transition gradually.
How long should I paper trade before going live?
There's no fixed timeline, but most successful traders recommend paper trading until you achieve consistent profitability over at least 2-3 months. You should also feel completely comfortable with your trading platform and strategy. Some traders paper trade for 6 months to a year before transitioning to real money.
Does paper trading accurately simulate real trading?
Paper trading simulates most aspects of real trading quite well, including price movements, order execution, and portfolio management. However, it cannot fully replicate the emotional aspect of trading with real money, slippage in fast markets, or the impact of large orders on liquidity. These limitations should be considered when transitioning to live trading.
Can I practice different trading strategies with paper trading?
Absolutely! Paper trading is perfect for testing various trading strategies including day trading, swing trading, position trading, and different technical approaches. You can experiment with different timeframes, indicators, and risk management techniques without any financial risk. This is one of the biggest advantages of paper trading.
What should I focus on while paper trading?
Focus on developing consistent trading habits, proper risk management, emotional control, and a solid trading plan. Track your performance metrics like win rate, risk-reward ratio, and maximum drawdown. Most importantly, learn to follow your trading plan consistently and avoid emotional decision-making.

Ready to Start Paper Trading?

Begin Your Journey

Start paper trading today with our integrated platform. Practice with virtual money and build your confidence before investing real capital.

Continue Learning

Enhance your trading knowledge with our educational resources: