Help Center
Everything about Nifty Paper Trade — what each feature does and exactly how to use it.
Getting started
- What is paper trading and how does it work? — Paper trading lets you practise buying and selling Nifty, stocks and options with real market prices and virtual money — zero real-money risk. Here's how it works on Nifty Paper Trade.
- How to start paper trading on Nifty Paper Trade — Get started in under a minute — sign up, get virtual cash, and place your first practice trade with real NSE/BSE prices. Step-by-step guide.
- How to sign up for Nifty Paper Trade — Create your free Nifty Paper Trade account with email or phone in seconds — no KYC, no demat, no deposit. Here's how.
- Is Nifty Paper Trade free? Free vs Pro explained — Signing up and exploring Nifty Paper Trade is free. Placing trades needs a one-time Pro unlock. Here's exactly what's free and what Pro includes.
- Virtual cash on Nifty Paper Trade — how it works — Virtual cash is the practice money you trade with. Learn how much you get, how margin is used, and how to top it up.
- The Nifty Paper Trade mobile app — Paper trade on the go — the Nifty Paper Trade Android app gives you the full Terminal, option chain, charts and positions on your phone.
- Paper trading vs real trading — what's the difference? — Paper trading uses virtual money with real prices; real trading risks real capital. Learn the differences and how to bridge them.
- Is paper trading legal in India? — Yes — paper trading is completely legal in India. It uses virtual money for practice, with no real trades sent to any exchange. Here's what to know.
- Paper trading for beginners — where to start — New to the market? Here's a simple, step-by-step path to learn trading safely with paper trading — from your first trade to a real strategy.
Trading features
- The Terminal — your main trading screen — The Terminal is where you trade — live chart, watchlist, option chain, futures and positions in one screen. Here's a tour of every part.
- How to use the option chain on Nifty Paper Trade — The option chain shows every strike's call and put price, open interest and more. Learn how to read it and place option trades on Nifty Paper Trade.
- How to place a buy or sell order — Step-by-step — how to place your first buy or sell order on Nifty Paper Trade, choose lots, pick an order type and confirm.
- Order types — Market, Limit, SL and SL-M explained — Understand the order types on Nifty Paper Trade — Market, Limit, Stop-Loss (SL) and Stop-Loss Market (SL-M) — and when to use each.
- Positions — track and manage your open trades — The Positions panel shows every open trade with live P&L, average price, SL/target and one-tap exit. Here's how to use it.
- How to exit or close a position — Learn how to close a trade on Nifty Paper Trade — exit at market in one tap, exit several at once, or auto-exit with a stop-loss/target.
- How to set a stop-loss and target (SL/TGT) — Protect trades automatically — set a stop-loss, a target, or a time-based exit on any position with SL/TGT. Here's how it works on Nifty Paper Trade.
- How to short sell (go short) on Nifty Paper Trade — Short selling lets you profit when prices fall. Learn how to short options, futures and stocks with virtual money on Nifty Paper Trade.
- Charts and indicators on Nifty Paper Trade — Use the live TradingView chart — timeframes, drawing tools and indicators like VWAP, RSI and moving averages — to analyse and trade.
- Using the watchlist — Track the indices and stocks you care about with live prices in the Nifty Paper Trade watchlist. Here's how to use it.
- How to paper trade futures — Practise index and stock futures with virtual margin on Nifty Paper Trade. Learn how futures work and how to trade them.
- What is Scalp mode and how to scalp on Nifty Paper Trade — Scalp mode is a fast, one-tap trading view for quick in-and-out option trades. Learn what scalping is and how to use Scalp mode on Nifty Paper Trade.
- Trade on Chart — how to buy and sell directly from the chart — Trade on Chart turns the price chart into a trading surface — tap a level to set a limit price, buy or sell in one tap, and see your position and P&L drawn on the chart. Here's how to use it.
- How to paper trade stocks — Practise buying and selling individual stocks like Reliance, TCS and HDFC Bank with live prices and virtual money on Nifty Paper Trade.
- Intraday (MIS) vs delivery (CNC) — what's the difference? — Intraday trades are opened and closed the same day with leverage; delivery holds shares longer. Learn the difference and when to use each.
- How to search for a stock, index or ETF — Use the search box to find any stock, index, option or ETF on Nifty Paper Trade and load it instantly. Here's how.
- Market hours and trading timings (NSE, BSE, MCX) — When can you paper trade? NSE/BSE equities trade 9:15 AM-3:30 PM; MCX commodities run to 11:30 PM. Full timings and what happens after hours.
- What is a lot size in options and futures? — A lot is the fixed quantity you must trade per contract. Learn lot sizes for NIFTY, BankNifty and more, and how they affect cost and risk.
- What is margin in trading? — Margin is the money blocked to hold a leveraged position — for shorts, futures and commodities. Learn how margin works on Nifty Paper Trade.
Portfolio & account
- Portfolio and trade journal — Your portfolio shows holdings, P&L and every trade you've taken — a built-in trading journal to learn from your history. Here's how to use it.
- Real-time P&L tracking — See your profit and loss update live, tick-by-tick, across every open position on Nifty Paper Trade. Here's how P&L is calculated and shown.
- The leaderboard — how it works — See how you rank against other paper traders on Nifty Paper Trade. Learn how the leaderboard is calculated and how to climb it.
- What you get with Pro (₹999 lifetime) — Pro unlocks full trading on Nifty Paper Trade — one payment of ₹999, yours for life. Here's everything included.
- How to add virtual cash (top up your balance) — Running low on practice funds? Here's how to top up your virtual cash on Nifty Paper Trade so you can keep practising.
Strategies & backtesting
- The Strategy Builder — build multi-leg option strategies — Build, visualise and deploy multi-leg option strategies like straddles, strangles and spreads on Nifty Paper Trade. Here's how.
- What is a trading strategy? — A trading strategy is a repeatable set of rules for entering, managing and exiting trades. Learn the basics and how to practise strategies risk-free.
- Long straddle strategy — how it works — A long straddle profits from a big move in either direction. Learn how to build and practise a straddle on Nifty Paper Trade.
- Long strangle strategy — how it works — A long strangle is a cheaper big-move bet using out-of-the-money options. Learn how to build and practise a strangle on Nifty Paper Trade.
- Iron condor strategy — how it works — An iron condor profits when the market stays in a range. Learn the four legs, the payoff, and how to build one on Nifty Paper Trade.
- What is backtesting? — Backtesting tests a trading strategy on historical data to see how it would have performed. Learn what it is and why it matters.
- How to backtest a strategy on Nifty Paper Trade — Step-by-step — pick a strategy, set the period, run the backtest and read the results on Nifty Paper Trade.
- How to read backtest results — Understand your backtest — net P&L, win rate, max drawdown and the trade log — so you know if a strategy is actually worth trading.
- Bull call spread strategy — how it works — A bull call spread is a defined-risk bullish strategy — buy a call and sell a higher call. Learn the payoff and how to build it.
- Bear put spread strategy — how it works — A bear put spread is a defined-risk bearish strategy — buy a put and sell a lower put. Learn the payoff and how to build it.
- Covered call strategy — how it works — A covered call earns premium income on a holding you already own. Learn the payoff and how to practise it on Nifty Paper Trade.
- Butterfly spread strategy — how it works — A butterfly spread is a low-cost, defined-risk bet that the price pins near a strike. Learn the three-strike structure and payoff.
- What is hedging in options trading? — Hedging means adding a protective position to cap your risk. Learn how to hedge option trades and reduce margin on Nifty Paper Trade.
Commodities (MCX)
- What is MCX commodity paper trading? — Practise trading MCX commodities — Crude Oil, Gold, Silver, Natural Gas and more — with live prices and virtual money on Nifty Paper Trade.
- How to paper trade Crude Oil on MCX — Practise trading MCX Crude Oil futures and options with live prices and virtual money. Lot size, hours and how to place a trade.
- How to paper trade Gold on MCX — Practise trading MCX Gold futures and options with live prices and virtual money. Contracts, hours and how to trade.
- How to paper trade Silver on MCX — Practise trading MCX Silver futures and options with live prices and virtual money. Contracts, hours and how to trade.
- How to paper trade Natural Gas on MCX — Practise trading MCX Natural Gas futures and options with live prices and virtual money. Contracts, hours and how to trade.
- Trading commodity options (MCX option chain) — Practise MCX commodity options — calls and puts on Crude Oil, Gold, Silver and more — with a live option chain and virtual money.
- Trading commodity futures on MCX — Practise MCX commodity futures — go long or short on Crude Oil, Gold, Silver and more with virtual margin. Here's how.
Indices
- How to paper trade NIFTY options — Practise trading NIFTY 50 options and futures with live prices and virtual money. Lot size, expiries and how to place a trade.
- How to paper trade BankNifty options — Practise trading BankNifty options and futures with live prices and virtual money. Lot size, volatility and how to trade.
- How to paper trade FinNifty options — Practise trading FinNifty (Nifty Financial Services) options and futures with live prices and virtual money on Nifty Paper Trade.
- How to paper trade Sensex options — Practise trading BSE Sensex (and Bankex) options with live prices and virtual money on Nifty Paper Trade.
- How to paper trade Midcap Select (Midcap Nifty) options — Practise trading Nifty Midcap Select options with live prices and virtual money on Nifty Paper Trade.
Options basics
- What are options? Calls and puts explained simply — Options are contracts that give the right to buy or sell at a set price. Learn calls, puts and how to practise options risk-free.
- Call vs put options — what's the difference? — Calls profit when prices rise, puts when they fall. A simple, clear comparison of call and put options with examples.
- What is a strike price? — The strike price is the fixed price at which an option can be exercised. Learn what it means and how to pick one.
- Option expiry explained (weekly vs monthly) — Every option has an expiry date when it settles. Learn weekly vs monthly expiries and how expiry affects your trade.
- What are option Greeks? (Delta, Theta, IV) — The Greeks measure how an option's price reacts to moves, time and volatility. A quick intro to Delta, Theta and IV, and where to see them.
ETFs
- What are ETFs and can I paper trade them? — ETFs are exchange-traded funds you buy and sell like a stock. Learn what they are and how to practise trading ETFs on Nifty Paper Trade.
- How to paper trade ETFs on Nifty Paper Trade — Search an ETF like NIFTYBEES or GOLDBEES, then buy or sell it like a stock with live prices and virtual money. Here's how.
Troubleshooting & FAQ
- Is the market data real on Nifty Paper Trade? — Yes — Nifty Paper Trade uses live NSE/BSE and MCX prices. Only the money is virtual. Here's what's real and what's simulated.
- Prices or chart not updating? Troubleshooting — If prices, the chart or the option chain look frozen, here are the quick fixes and the usual reasons on Nifty Paper Trade.
- Login and phone verification help — Trouble logging in or verifying your phone? Here's how to reset your password, verify your number, and fix common sign-in issues.
- Why can't I place a trade? Common reasons — If a Buy/Sell won't go through on Nifty Paper Trade, here are the usual reasons — Pro not active, market closed, or insufficient virtual funds — and the fixes.
- How to contact support — Need help with Nifty Paper Trade? Here's how to reach support and what to include so we can help you fast.