The Best Investment Simulator Apps: Practice Stock Trading Without Risk

Investment apps—applications that allow you to trade stocks, bonds, ETFS and other assets—are rising in popularity. On top of this, Stock Trainer comes with great charts that provide an overview of a stock’s historical performance. Different time-scales can be specified, and all charts can be zoomed and scrolled. More advanced candlestick charts are also available with a premium account.

Some critics also note that the streamlined interface, while beginner-friendly, might encourage impulsive trading decisions without adequate consideration of market fundamentals. Many top-tier apps offer tutorials, articles, and videos to help users understand trading concepts, strategies, and market analysis. Educational resources are particularly beneficial for those new to trading. That said, paper trading on an actual brokerage would also be beneficial to practice placing real trades. There will be a learning curve, and if you’re not planning on using thinkorswim as your trading platform or don’t already have a Schwab account, I’d probably choose another simulator. Practicing on eToro will also give you access to its social investing features like CopyTrader, its feature which you can use to copy the moves of experienced traders.

For those looking to have fun and test out a few stock ideas, stock market games make it easy. You can get in the game with your friends, win some virtual money and just generally have a good time. Paper trading on platforms like eToro or thinkorswim are the best place for investors or day traders to practice buying and selling stocks with virtual money. Ally’s mobile app mirrors its web experience and keeps everything user-friendly, especially for buy-and-hold investors. Fixed income is a bright spot, with a strong bond screener and plenty of product variety. The robo-advisor requires just $100 to get started and offers goal-based portfolios at a low cost, giving you an accessible way to invest hands-off.

Fantasy Stock is a virtual trading app that allows users to simulate trading stocks in real time. It offers a fantasy stock market experience where users can create portfolios, buy and sell stocks, and track their performance. The app typically provides virtual currency or points that users can use to invest in different stocks and compete against other players. Entering the world of stock trading can be intimidating for newcomers, but today’s mobile apps have made investing more accessible than ever before. Virtual trading apps provide an invaluable opportunity for both new and experienced traders to practice trading without financial risk. Whether you are learning the basics or refining your strategies, these apps offer various features to suit different needs.

IBKR Trader Workstation (TWS) gallery

Backtesting, charts, indicators, analysis tools, stock screener, and multiple assets like stocks, futures, and forex make NinjaTrader a very compelling option. At the same time, you can experience all of the features eToro offers in its simple, intuitive platform. You can buy stocks, ETFs, and cryptocurrencies, and test various buy-and-hold or technical trading strategies. J.P. Morgan Self-Directed Investing is a smart choice for long-term investors, especially if you already bank with Chase.

Moneybhai Virtual Trading App

Keep in mind that each app is different—the steps below are only a guideline. Another major benefit is E-Trade’s massive pool of mutual funds new investors can dig into. The app has over 6,000 no-transaction-fee mutual funds for investors looking for less research-intensive options.

After graduating from the virtual trading apps…

Features like biometric login, two-factor authentication, encryption and additional PIN requirements can help keep your investments safe. Sure, you want something that is easy to use, detailed, highly rated, secure and with the investment types you want, but that’s only part of the picture. Though we have recommendations, remember that finding the best app for you depends on assessing your financial goals, needs, preferences and financial situation.

What Is The Best Stock Trading App For Beginners In 2025?

The apps are surprisingly beginner-friendly, especially GlobalTrader, which makes it easy to buy foreign and U.S. stocks in a clean, simple layout. You’ll find quizzes, tutorials, and smart explanations across the platform to help you learn as you go. If your long-term plan includes expanding into global markets, trading options, or optimizing for taxes and performance, Interactive Brokers gives you the tools to get there. The IBKR Mobile app delivers advanced tools without sacrificing ease of use. Want fractional shares, recurring investments, or ESG-focused portfolios?

Despite being a virtual simulator, the app provides you with the exact experience of trading in a real market. Sensibull is one of the best option/demo trading apps that offers a simple virtual trading application for beginners that comes with great trading strategies and low-risk options. The “Best Virtual Trading App” takes community engagement to new heights by incorporating social trading features. Traders can connect with fellow users, exchange ideas, and even follow successful traders’ strategies.

• Engaging in paper trading through virtual trading apps is an excellent way to begin investing in the market.
• Imagine a scenario where you can easily engage in trading while comfortably sitting at a coffee house.
• Forex Game is a virtual trading app focused on foreign exchange (forex) trading.
• Within the app, users can engage in Futures and Options trading, including assets like BankNifty.
• These courses can be especially helpful if you’re just starting out in investing.

You will have the option to invest in stocks, mutual funds, FD, bonds, etc. So here you have lots of options for investing with the imaginary brokerage charge of 0.50% in the virtual trade market. Traders can also trade almost anything—except for cryptocurrencies—as Schwab’s app offers stock, OTC, ETF, mutual fund, forex, options, margin, bond and futures trading. Paper trading is a simulated method of honing trading skills in the stock market without using real money.

If you still need a brokerage and are looking for a free trading simulator to practice on, here’s your solution. It offers free paper trading in a realistic simulator and gives you access to stocks, cryptocurrency, and ETFs. You can practice with stocks, options, and futures in both real-time or historical simulations.

The 9 Best Stock Market Simulators to Practice Trading

You can get used to what it feels like to buy a slice of the world economy via an investment fund this way. The app takes market data from the real-time performance of shares on the market and features bite-sized news articles to help you stay informed. If you get comfortable with it, you can make the transition to real-world cash. With Investopedia Stock Simulator, you can gain hands-on experience and enhance your understanding of various trading strategies. Fortunately, all this can be done within a simulated environment that closely replicates real-world market conditions. Now, we will take some time to explain the reasons why these 12 companies about is among the best virtual trading best virtual trading app app.

Even if the trading signals isn’t your thing, the simulator is still a great tool to help you hone your skills. The mission behind HowTheMarketWorks is to teach beginner investors how the market works. It’s completely free to use (you don’t even need to open a brokerage account). Moreover, to enhance trading knowledge, you can also watch live streams of Bloomberg videos, podcasts, and webinars. Click on over to my full review of eToro for more information about its features and fees. Read my complete review of Charles Schwab to learn more about every feature and fee on their platform.

Which is the best virtual trading app in India?

• The best paper trading apps offer valuable and risk-free platforms for novice investors to practice trading in a simulated environment.
• They open a Demat account and start trading based on tips from various third party websites, or using their own judgment.
• It offers an intraday trading limit of INR 1 crore, which can be invested across multiple assets such as mutual funds, stocks, and much more.
• For those interested, NinjaTrader offers a demo account with features like simulated trades, backtesting, and historical data replay for paper trading purposes.
• Upstox is an online brokerage platform that offers a virtual trading feature for users to practice trading without using real money.

However, it is a little complex, and true beginners might struggle with its user interface. Gone are the days when you had to phone your stockbroker to invest some money. Trading is now more accessible to people thanks to the boom in online platforms and mobile apps.