4 Best Virtual Trading Apps in India in 2023
- Date : 23/09/2022
- Read: 5 mins
- Read in हिंदी: भारत में वर्चुअल स्टॉक ट्रेडिंग सीखने के लिए 4 सबसे अच्छे ऐप्स और साइट्स
Want to learn virtual stock trading in India? Try these 4 Apps
With the U.S. Federal Reserve signalling two successive rate hikes and the ongoing conflict in Ukraine, the global economic landscape remains unpredictable. In such a scenario, investors in India must carefully navigate their way through thestockmarket. To aid you in making well-informed decisions, we have compiled a list of the four bestIndian trading apps in 2023. Thesevirtual trading appsoffer convenience, real-time data, and a user-friendly interface to help you stay on top of market trends and seize opportunities while considering the potential headwinds from international shores.
Continue reading to know more about the top fourpaper trading apps in India.
- Moneybhai, Chart Mantra, Dalal Street, and Trading View bag the top 4 positions in the list ofbest virtual trading appsin India
- Get Rs 1 lakh to Rs 1 crore virtual cash in your account and invest in different asset classes
Best Apps to learn Virtual Stock Trading
Moneybhai is one of the bestvirtual trading appsin India powered by Money Control.One of the reasons that makethis platformthebest trading app in Indiais that itprovides Rs. 1 Crore virtual cash in a portfolio account upon registration with Rs. 1 Crore intraday trading limit. You can use this virtual amount to invest in different asset classes, such as equity stocks, derivatives, commodities, and currencies.
Theshare market applets you enjoy a host of features and services.Using this platform, you can create limit order, market order, GTD order, Short selling, GTC order, and square off. You can learn stock trading with Moneybhai by winning investment challenges. You can sign up on this platform using your Google ID, Facebook ID, or mobile number. You'll just need to create a new account and you’re set to start yourmock stock trading.
- India’s biggest virtual trading game
- Powered by Moneycontrol
- Rs 1 crore virtual cash in your portfolio account
- Rs 1 crore intraday trading limit
- Invest in shares, mutual funds, and FDs
- Create limit order, market order, GTD order, short-selling, GTC order and square off
- Log in using your Google ID, Facebook ID, or mobile number
- Create your account and start mock stock trading right away
Also Read: How To Start Investing?
2. Chart Mantra
Backed by the Economic Times, Chart Mantra is another prominentpaper trading app in India. Using this app, you can technically analyse the stock market and learn the art of investment.With a simple and user-friendly interface, this is one of thebest virtual trading appsfor learning technical analysis.Upon registration, you will get Rs. 1 lakh in the form of virtual cash for investing in the stock market. However, you are not allowed to invest in more than one stock at a time. You can register on the Chart Mantra platform via your Google ID or Facebook ID.
- Rs 1 lakh virtual cash in your account
- Learn technical analysis of stocks
- Switch to various chart options like candles, bars, etc.
- Toggle on various technical indicators
- Learn through infographics
- Place buy and sell orders, short-sell orders, stop loss orders, and AMO orders
- Sign-up using your Google ID or Facebook ID
3. Dalal Street
Dalal Street is one of the best apps to learn mock stock trading in India. It is a kind of investment journal that offers you Rs.10 lakh as virtual money once you register and sign up with your account. The best part about this virtual trading app is that it allows users to experience a real-time trading experience.
Not only can you can learn and practice trading strategies without the fear of losing real money, but also enhance your stock trading skills.Thispaper trading appalso allows you to discuss your trading strategies and learn from others' experiences.
- Rs.10 lakhs as virtual money in your account
- Trade stocks in real-time using your virtual money
- Discuss trading strategies with other participants
- Win stock market challenges
- Experiential learning of stock market concepts
- Downloads: 10T+
4. Trading View
Trading view is another popular paper trading app in India. In fact, it is one of the best virtual trading apps with facilities such as stock charts, technical tools, and much more. You can register for free on this mock stock trading platform and start virtual trading instantly.After gaining some experience, you can choose from theshare market app’s Pro, Pro+, and Premium subscriptions. Each of these offers a 30-day free trial period.
Budding traders who want to learn the use of live candlestick charts and technical indicators to make their trades must definitely try this virtual trading app.
- Free registration for the basic plan
- Upgraded plans for extra features
- Learn stock market analysis
- Access to stock charts, technical tools, and much more
- Use up to 25 indicators per chart
- Ad-free platform
- Create multiple enhanced watchlists
- Undo and redo your trades
- Get alerts for price, indicators, strategies, and drawings
- History and fundamentals of stocks available
Also Read: Top Trading Apps
Thepaper trading appoptions mentioned above can be very handy if you want to enhance yourstocktrading knowledge. These apps can help you improve your skills through tutorials and live stock trading experiences. And once you have mastered the technical aspects of the stock market, you can go for real trading to make loads of money.
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As an expert and enthusiast, I don't have personal experiences or emotions, but I can provide you with information on the concepts mentioned in the article "4 Best Virtual Trading Apps in India in 2023". Let's dive into the details!
Virtual Trading Apps in India
Virtual trading apps in India are platforms that allow users to practice trading in a simulated environment without using real money. These apps provide users with virtual cash to invest in various asset classes, such as stocks, derivatives, commodities, and currencies. They offer real-time data, a user-friendly interface, and educational resources to help users learn about the stock market and improve their trading skills.
Moneybhai is a virtual trading app in India powered by Money Control. It is considered one of the best trading apps in India. Upon registration, Moneybhai provides users with Rs. 1 crore virtual cash in a portfolio account and a Rs. 1 crore intraday trading limit. Users can invest this virtual amount in different asset classes and learn stock trading through investment challenges. Moneybhai offers features like creating limit orders, market orders, GTD orders, short selling, GTC orders, and square off. Users can sign up using their Google ID, Facebook ID, or mobile number.
Chart Mantra is another popular virtual trading app in India backed by the Economic Times. It focuses on technical analysis of the stock market and helps users learn the art of investment. Upon registration, users receive Rs. 1 lakh in virtual cash to invest in the stock market. However, they are restricted to investing in only one stock at a time. Chart Mantra offers features like various chart options, technical indicators, infographics, and the ability to place buy and sell orders, short-sell orders, stop loss orders, and AMO orders. Users can sign up using their Google ID or Facebook ID.
Dalal Street is a virtual trading app in India that offers a real-time trading experience. Upon registration, users receive Rs. 10 lakhs as virtual money in their account. This app allows users to learn and practice trading strategies without the fear of losing real money. Users can also discuss trading strategies with other participants and participate in stock market challenges. Dalal Street aims to enhance users' stock trading skills through experiential learning. Users can download the app and sign up to start mock stock trading.
Trading View is a popular virtual trading app in India that provides stock charts, technical tools, and other features. Users can register for free on this platform and start virtual trading instantly. After gaining some experience, users can choose from the app's Pro, Pro+, and Premium subscriptions, each offering a 30-day free trial period. Trading View is recommended for budding traders who want to learn the use of live candlestick charts and technical indicators to make their trades.
These virtual trading apps mentioned in the article can be helpful for individuals who want to enhance their stock trading knowledge and improve their skills. They provide a simulated trading environment and educational resources to help users learn about the stock market before venturing into real trading.
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