Free paper trading with real-time data (2026)
We track 6 simulators for free real-time data. They are ordered by how completely their details are verified from provider pages, not by quality or payment.
Of these, 6 are listed as free (Webull paperTrade, Schwab thinkorswim paperMoney, moomoo Paper Trading, Tradeskill, 5Trade Paper Trading, AlgoCharting), 6 use real-time or live data at least partly (Webull paperTrade, Schwab thinkorswim paperMoney, moomoo Paper Trading, Tradeskill, 5Trade Paper Trading, AlgoCharting), and 2 can be used without a brokerage account (moomoo Paper Trading, Tradeskill).
The most completely documented options here are Webull paperTrade (price: Free; data: real-time incl. Level 2; starting balance: Unlimited virtual funds); Schwab thinkorswim paperMoney (price: Free; data: Real-time simulated market data (paperMoney); starting balance: $100,000); moomoo Paper Trading (price: Free; data: real-time quotes; starting balance: 1M per market account (US app: HKD, USD, CNH, SGD; Canada app: USD, CAD)).
How to choose: decide first whether you need the same market you will trade for real (e.g. NSE F&O vs US stocks), whether delayed quotes are acceptable for your style (they are fine for long-term practice, poor for day trading), and whether the app forces you to open a brokerage account. Each linked listing shows its sources so you can confirm the details.
| Simulator | Assets | Data | Price | Account | Link |
|---|---|---|---|---|---|
| Webull paperTrade | stocks, ETFs, options, crypto, event contracts | real-time incl. Level 2 | Free | Free Webull account, $0 balance | Visit site |
| Schwab thinkorswim paperMoney | stocks, options, futures, forex | Real-time simulated market data (paperMoney) | Free | Schwab login, or 30-day Guest Pass without account (not extendable) | Visit site |
| moomoo Paper Trading | stocks, ETFs, options, futures, crypto | real-time quotes | Free | Free moomoo app login; no brokerage account needed | Visit site |
| Tradeskill | stocks, ETFs, crypto | Live prices (per site) | Free forever (per site) | Sign-up, no brokerage | Visit site |
| 5Trade Paper Trading | futures, options, commodities, forex, crypto, stocks | Live real-time data (official) | Free | KYC required | Visit site |
| AlgoCharting | stocks, futures, options, crypto derivatives | real-time | Free | unknown | Visit site |
FAQ
What is the best paper trading app for free real-time data?
It depends on your market and data needs. The most completely documented options in our dataset are Webull paperTrade, Schwab thinkorswim paperMoney, moomoo Paper Trading. Compare data delay, price and account rules in the table above.
Which paper trading apps for free real-time data are free?
Listed as free: Webull paperTrade, Schwab thinkorswim paperMoney, moomoo Paper Trading, Tradeskill, 5Trade Paper Trading, AlgoCharting. Some 'free' simulators require a funded or approved brokerage account; see each listing.
Which have real-time data?
Real-time or live data (at least partly): Webull paperTrade, Schwab thinkorswim paperMoney, moomoo Paper Trading, Tradeskill, 5Trade Paper Trading, AlgoCharting. Check each listing for delays on specific markets.
Can I paper trade without opening a brokerage account?
Yes, these need no brokerage account: moomoo Paper Trading, Tradeskill.
Comparisons on this list
Related lists
Information only, not financial advice. Simulated results do not predict real results. Features and availability change and vary by country; check the provider's site. Sponsored or affiliate links, if any, are labelled.