The Best Paper Trading Apps in 2026

We ranked the top paper-trading apps on three honest criteria: free access, ease of use, and whether you can actually compete for prizes. Most are solid solo simulators. One lets you win real cash.

New to this? Start with our paper trading guide.

Last updated

How to read this list

GameStock publishes this page and ranks itself first, so read it with that in mind. We rank on the one thing other lists don't measure — whether you can actually compete for real prizes. For solo practice, several platforms below are stronger than we are, and each entry says where. Competitor details are compiled from public sources rather than hands-on testing, so confirm anything that matters to you before you commit.

At a glance

Paper trading apps compared by cost, assets, format, real prizes, and best use.
AppCostAssetsFormatReal prizesBest for
GameStockFree / paidStocks + cryptoCompetitionYes (cash)Competing for prizes
WebullFreeStocks, options, cryptoSoloNoOptions practice
TradingViewFree / paidBroadSoloNoCharting
thinkorswim (Schwab)FreeStocks, optionsSoloNoAdvanced tools
MoomooFreeStocks, optionsSoloNoData depth
Interactive BrokersFreeGlobal multi-assetSoloNoMarket breadth
TradeStationFreeStocks, options, futuresSoloNoAutomated strategies
eToroFreeStocks, cryptoSoloNoCopy trading
Investopedia SimulatorFreeStocksContestNoClassrooms

Scroll the table sideways to see all columns. GameStock is highlighted. It's the only entry built around competition and real cash prizes.


The Ranking

Nine apps, ranked honestly.

1
GameStock
Best for competitions
Editor's pick

The only app here built around competition. You paper trade real stocks and crypto, then enter free or paid tournaments where top portfolios split a real cash prize pool. If you want stakes and a leaderboard, nothing else compares, though solo-only practicers may still prefer a plain simulator.

Real cash prizesFree entry optionNo options/futures
2
Webull
Best for options practice
Solo

A polished broker sim with deep instrument coverage including options. Great if you want to rehearse complex trades solo, but there's no competitive or prize layer.

Options + cryptoSolo only
3
TradingView
Best for charting
Solo

Best-in-class charts with a built-in paper account. Ideal for technical analysis practice; the simulator is a companion to the charts rather than the main event.

Elite chartingNo prizes
4
thinkorswim (Schwab)
Best for advanced tools
Solo

A professional-grade platform with a full paper-trading mode. Powerful but steep: more than most beginners need, and strictly solo.

Pro-grade toolsSteep learning curve
5
Moomoo
Best for data depth
Solo

Rich market data and a capable simulator. A strong solo option for data-driven practice, without any competitive format.

Deep market dataSolo only
6
Interactive Brokers
Best for market breadth
Solo

The widest instrument coverage of anything here, with a paper account that mirrors the live platform across global markets. The trade-off is an interface built for professionals rather than beginners.

Global marketsDense interface
7
TradeStation
Best for automated strategies
Solo

Strong simulation for rule-based and automated trading, with futures alongside equities and options. Worth the setup effort if you want to test a system rather than discretionary picks.

Strategy testingSetup effort
8
eToro
Best for copy trading
Solo

A virtual portfolio sits alongside eToro's social and copy-trading features, so you can shadow other traders without committing capital. Lighter on charting and order types than the broker platforms above.

Social featuresBasic order types
9
Investopedia Simulator
Best for classrooms
Contest

The classic educational simulator, popular for class competitions. Contests exist but prizes aren't cash, so it's best as a learning tool rather than a place to win.

Beginner-friendlyNo cash prizes

The Difference

Why competitive paper trading?

Solo simulators teach you the mechanics. But nothing sharpens a strategy like a leaderboard and real stakes. GameStock keeps the risk-free practice (real prices, virtual money) and adds tournaments where the best portfolios win actual cash. That's the difference between practicing and competing.

Frequently asked

Try the competitive one, free

Join a free-entry tournament and see where you land on the leaderboard.

Download GameStock on the App StoreGet GameStock on Google Play

Use code GOATED at sign up and get $10 free to play.

GameStock is a free-to-play trading game and paper-trading platform. Trades use simulated money; entry fees and prizes, where applicable, are real. Nothing here is investment advice, a recommendation, or a price forecast. This comparison is editorial.

Past game results do not predict real market outcomes. Competitor details are current best-effort and subject to change.