Best paper trading platform on Reddit

69 reviews from r/Daytrading, r/options, r/Trading and 7 more subreddits

69 reviews from
and
By Brand
/
By Product
#1

thinkorswim

4.8
(16)
"You can still use thinkorswim for free."
·
"ToS or MT4-5 are among the best."
·
"ThinkorSwim is an excellent trading platform!"
·
"I have found ThinkorSwim to be the best for Paper Trading."
·
"Think or swim is best."
·
"Think or swim by TD Ameritrade."
·
"Think or swim."
·
"Thnkorswim is an awesome platform for trading options."
·
"Thinkorswim. I did that for a bit."
·
"Works very well."
·
#2

TradingView

4.3
(7)
"It’s simple to use and you can trade directly on the chart which IMO is the best way."
·
"TradingView is a great tool for charting and managing trades."
·
"They have paper trading functionality."
·
"TradingView offers a free version of the platform, but you would still have to pay a few bucks a month for the live stock data."
·
"Tradingview is good enough and free…"
·
"I have been using tradingview for papertrading."
·
"Great for non-complicated trading without real programming."
#3

Interactive Brokers

3.7
(6)
"IBKR + Tradingview."
·
"Interactive Brokers has options paper trading."
·
"IBKR."
·
"They have a decent API and a user-friendly paper trading feature."
·
"You'll also get a paper trading account."
·
"Not in love with TWS, but it's included with the brokerage account."
#4

TD Ameritrade

4.5
(4)
"The Think or Swim platform has a great paper trading and live trading experience."
·
"TD Ameritrade has Thinkorswim, which is a great platform."
·
"TD Ameritrade is pretty good."
·
"TD Ameritrade."
#5

IBKR

3.7
(3)
"I use IBKR for all of my actual trading since it has the best commissions, and the lowest interest rates on margin accounts."
·
"Also ibkr"
·
"I didn't like IBKR interface, bit laggy and Level 2 is not available."
#6

Webull

4.0
(2)
"Webull."
·
"WeBull"
#7

marketGOATS

5.0
(1)
"MarketGOATS is a good paper trading platform resource! You can do weekly, monthly, quarterly, and yearly competitions for cash prizes with no risk as well."
#8

Ingot Brokers

5.0
(1)
"I would recommend checking out Ingot Brokers, I have been trading with them for 5 years now."
#9

MetaTrader

5.0
(1)
"Meta trader 4 and 5 on a demo account."
#10

Thinkorswim

5.0
(1)
"Offers various paper trading options including stocks, options, and futures."
#11

TD

5.0
(1)
"I have an account with TD, and use thinkorswim for paper trading as well as for analysis of different underlyings."
#12

Tradovate

5.0
(1)
"I liked Tradovate's sim for futures."
#13

CBOE

5.0
(1)
"I learned options from tastytrade but I practiced the techniques using CBOE's paperTrade platform. I recommend it highly. Pretty easy to register."
#14

GZT

5.0
(1)
"Great platform for paper trading grains like Wheat, Corn, and Soybeans."
#15

NexusTrade

5.0
(1)
"NexusTrade allows you to create, backtest, and deploy algorithmic trading strategies and streamlines the financial research process."
#16

Sierra Chart

5.0
(1)
"Sierra Chart is one of the best for paper trading futures."
#17

BreakingEquity

5.0
(1)
"Great platform for automating trades."
#18

Robinhood

5.0
(1)
"J Pow providing all the needed paper to trade with."
#19

Plus500

4.0
(1)
"I tried paper trading electronically through the Plus500 forex broker."
#20

IB

4.0
(1)
"IB, no need to fund to papertrade delayed"
#21

EasyEquities

4.0
(1)
"EasyEquities has demo trading."
#22

IQ Option

4.0
(1)
"Iqoption demo."
#23

3Commas

4.0
(1)
"3Commas is awesome."
#24

eOption

4.0
(1)
"EOption offers a $50k paper trading account for 60 days, which is great for practice."
#25

OptionsHouse

4.0
(1)
"OptionsHouse provides a $100k paper trading account that doesn't expire, making it very flexible."
#26

E-trade

4.0
(1)
"E-trade offers paper trading with no account minimum, making it accessible for beginners."
#27

MetaQuotes

4.0
(1)
"MT4 is very popular among retail traders for charting and trading."
#28

Various Brokers

4.0
(1)
"Most brokers offer demo accounts, which is a great way to start trading."
#29

DAS

4.0
(1)
"DAS Trader Pro is great for paper trading with real-time data."
#30

Quantopian

4.0
(1)
"Quantopian is good for algorithmic paper trading."
#31

NinjaTrader

4.0
(1)
"NinjaTrader comes in second."
#32

Lightspeed

4.0
(1)
"I moved on to Lightspeed once I figured out how to trade."
#33

Tastyworks

3.0
(1)
"Tastyworks will be launching in January."
#34

Google Finance

3.0
(1)
"Google finance works for me."
#35

QT

3.0
(1)
"QT has a popular issue that it won't let you adjust the price axis."
#36

TZ

3.0
(1)
"TZ offers you demo account with 15-20 mints delayed data."
#37

TradeZero

2.0
(1)
"It's not live market though. It's behind by 15 minutes."

Discover your audience

GummySearch is an audience research toolkit for 130,000 unique communities on Reddit.

If you are looking for startup problems to solve, want to validate your idea or find your first customers online, GummySearch is for you.

Sign up for free, get community insights in minutes.

Tell me more
Get started
Audience Research