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Priyanka
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PriyankaContributor
Asked: September 4, 20212021-09-04T04:17:43+05:30 2021-09-04T04:17:43+05:30In: Intraday Trading

What is the best site for paper trading in India?

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Can anyone suggest the best paper trading site for option trading?

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    1. Nilesh Jaiswal Contributor
      2021-10-26T10:48:29+05:30Added an answer on October 26, 2021 at 10:48 am

      There are many sites for paper trading, but only few sites are there for options. Personally, I do paper trading in Opstra. Sensibull is also the better choice for options trading.

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    2. Kishore Beginner
      2023-09-13T16:00:36+05:30Added an answer on September 13, 2023 at 4:00 pm

      Best Paper Trading Websites In India

      Private websites have chosen to deliver  paper trading experience to their clients in a virtual environment. To provide such experiences, software companies have introduced simulators that give the right kind of feel you would encounter in a paper trading market environment in India.

      You can learn stock handling skills, tactics that are needed without participating in the real money transactions. When you begin to win in paper trades it is an indication that you have mastered the art of stock trading.

      You too can try paper trading before making an entry into the real time trading environment and gain a wealth of knowledge and skill sets.

      Paper Trading in India:

      • Stock market websites provide data collected from various stock exchanges and put on their platform to practice paper trading.
      • Most of the websites adopt user friendly designs that provide copy trade options allowing you to make a copy of those trades.
      • These websites help you in harnessing the market abilities and some of the additional features they hold is the guideline on stocks, videos, conduct competitions and award prizes.
      • Some websites support the paper trading practitioners by exposing them to industry -specific certifications.
      • The website does provide you with virtual money to the order of INR 10 lakhs to practice paper trade just to learn skill sets and analytics.
      • When you sign in an account and register for the paper trading you can experience the actual stock market trading practically.

      List of the Best Paper Trading Websites in India:

      You can find a list of the paper trading websites and platforms in India, if you visualize trading websites you will find specifics issues.

      Each website will have something special to deliver therefore you must search for the best trading websites and I am sure that your research for the best paper trading in India will be complete.

      The best paper trading websites and platforms are Trading view, Neostox, Money Bhai, Chatmantra, Sensibull, etc.

      Just detailing out the key issues of these paper trading platforms for you

      1. Trading view is equipped with advanced charting and analytic tools.
      2. Neostox, a virtual platform will provide you sufficient space to conduct paper trade stocks, futures, and options with real time data without collecting the brokerage charges.
      3. MoneyBhai is a free paper trade simulator that provides you a virtual cash of INR 1 crore for practicing trade.
      4. Chartmantra is a trading platform that enhances knowledge on brokerage, taxes, and margins.
      5. Sensibull, is another paper trading platform that encourages options trading that comprise strategies, analytics, and alerts.
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