If you’re looking to improve your trading skills without risking real money, paper trading apps are an excellent solution. These platforms let you simulate live trading conditions, refine your strategies, and gain confidence before entering the real markets. Here are the top 5 paper trading apps of 2025 and why they stand out.
| Feature | Megabull | Frontpage | Stock Trainer | Virtual Trading App 2.0 | Neostox |
|---|---|---|---|---|---|
| Virtual Money | Unlimited top-ups | Rs. 10 lakh (resettable) | Varies by market | Unlimited | Unlimited top-ups |
| Real-Time Data | Yes | Yes | Yes | Yes | Yes |
| Market Coverage | Stocks, options | Stocks, options, cryptocurrency | Stocks, options, crypto (13 countries) | NSE-focused | Stocks (India) |
| Analytics & Reports | Monthly reports | Profit/Loss statements | Account summaries | Daily Profit/Loss reports | AI analytics, backtesting |
| Unique Features | Simple interface, Nifty/Bank Nifty support | Resettable virtual cash | Educational resources | Advanced reports, stop-loss | Algorithmic trading |
1. Megabull
Megabull is a powerful paper trading app tailored for Indian traders. With real-time market updates, virtual cash, and a user-friendly interface, it provides everything you need to sharpen your trading skills.
Key Features
₹5 lakh virtual money to start trading and unlimited top-ups
Completely free to trade.
Real-time updates for accurate decision-making.
Monthly reports with day-wise P&L and individual position breakdowns.
Tracks performance using real-time data.
Supports Nifty and Bank Nifty options trading.
Fast, simple, and clean interface.
2. Frontpage
Frontpage is one of India’s most popular paper trading platforms. It’s packed with tools for real-time data analysis, technical indicators, and trading across multiple asset classes. Ideal for beginners and experienced traders alike.
Key Features
Real-time market data with charts and technical indicators.
Rs. 10 lakh virtual cash, resettable anytime
Profit/Loss statements for tracking your performance.
Simple and intuitive interface.
3. Stock Trainer
Stock Trainer is a feature-rich platform offering a global trading experience. Whether it’s stocks, options, or cryptocurrencies, this app allows you to practice trading across various markets with robust tools.
Key Features
Supports multiple markets, including stocks, options, and crypto.
Access to historical data and customizable watchlists.
Covers 13 countries and over 20 stock exchanges.
Offers educational resources for enhanced learning.
4. Virtual Trading App 2.0
Virtual Trading App 2.0Virtual Trading App 2.0 caters to traders focusing on the NSE market. It’s packed with advanced features like ad-free access, cloud backups, and daily profit-loss reporting, making it suitable for all levels of traders.
Key Features
Unlimited NSE virtual trading with advanced charts.
Daily Profit/Loss reports and cloud backups.
Premium features like ad-free access, stop-loss, and target settings.
5 Neostox
Neostox is India’s first AI-enabled paper trading platform. It’s designed to simulate live market conditions while providing backtesting and analytics tools to refine trading strategies.
Key Features
AI-enabled platform with backtesting and analytics.
Virtual money with unlimited top-ups.
Features algorithmic trading capabilities
More than 500,000 subscribers.