Best paper trading apps for Australia (2026)
We track 11 paper trading simulators that either cover Australian markets or are confirmed available to residents of Australia. Only 8 of them have a provider statement confirming availability there: TradingView Paper Trading, Webull paperTrade, Interactive Brokers Paper Trading, Alpaca Paper Trading API, eToro Virtual Portfolio, moomoo Paper Trading and 2 more. Everything else is marked “Unverified” — we found no statement either way, so check the provider’s sign-up page before you invest time.
Of these, 9 are listed as free (TradingView Paper Trading, Webull paperTrade, Interactive Brokers Paper Trading, Alpaca Paper Trading API, eToro Virtual Portfolio, moomoo Paper Trading and 3 more), 7 use real-time or live data at least partly (TradingView Paper Trading, Webull paperTrade, Interactive Brokers Paper Trading, Alpaca Paper Trading API, eToro Virtual Portfolio, moomoo Paper Trading and 1 more), and 3 can be used without a brokerage account (Alpaca Paper Trading API, moomoo Paper Trading, TradePlay (TradeWire)).
The most completely documented options here are TradingView Paper Trading (price: Free (any TradingView plan); data: US stocks Cboe feed by default; CME futures 10-min delayed unless real-time bought; crypto real-time; starting balance: $100,000 default (per StockBrokers.com via SnappChart)); Webull paperTrade (price: Free; data: real-time incl. Level 2; starting balance: Unlimited virtual funds); Interactive Brokers Paper Trading (price: Free; data: Free trial: delayed 10-15 min (OTC spot FX & metals non-delayed); paper account mirrors live data subscriptions; starting balance: US$1,000,000 (paper account)).
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 | Availability in AU | Assets | Data | Price |
|---|---|---|---|---|
| TradingView Paper Trading | Available (verified) | stocks, forex, crypto, futures, indices | US stocks Cboe feed by default; CME futures 10-min delayed unless real-time bought; crypto real-time | Free (any TradingView plan) |
| Webull paperTrade | Available (verified) | stocks, ETFs, options, crypto, event contracts | real-time incl. Level 2 | Free |
| Interactive Brokers Paper Trading | Available (verified) | stocks, ETFs, options, futures, forex, crypto, bonds, metals | Free trial: delayed 10-15 min (OTC spot FX & metals non-delayed); paper account mirrors live data subscriptions | Free |
| Alpaca Paper Trading API | Available (verified) | stocks | Real-time IEX data (Paper Only accounts get IEX only) | Free |
| eToro Virtual Portfolio | Available (verified) | stocks, ETFs, crypto, CFDs | real-time (per TradeAlgo) | Free |
| moomoo Paper Trading | Available (verified) | stocks, ETFs, options, futures, crypto | real-time quotes | Free |
| Plus500 Demo | Available (verified) | CFDs | unknown | Free |
| TradingView The Leap (competitions) | Available (verified) | stocks, futures, forex, crypto | unknown | Free entry |
| IG Demo Account | Unverified | CFDs, forex, indices, shares | unknown | Free |
| TradePlay (TradeWire) | Unverified | stocks, forex, crypto, indices | Real-time prices (developer site) | unknown |
| StockSim Market Simulator | Unverified | stocks | unknown | unknown |
FAQ
What is the best paper trading app for Australia?
It depends on your market and data needs. The most completely documented options in our dataset are TradingView Paper Trading, Webull paperTrade, Interactive Brokers Paper Trading. Compare data delay, price and account rules in the table above.
Which paper trading apps for Australia are free?
Listed as free: TradingView Paper Trading, Webull paperTrade, Interactive Brokers Paper Trading, Alpaca Paper Trading API, eToro Virtual Portfolio, moomoo Paper Trading, Plus500 Demo, TradingView The Leap (competitions), IG Demo Account. 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): TradingView Paper Trading, Webull paperTrade, Interactive Brokers Paper Trading, Alpaca Paper Trading API, eToro Virtual Portfolio, moomoo Paper Trading, TradePlay (TradeWire). Check each listing for delays on specific markets.
Can I paper trade without opening a brokerage account?
Yes, these need no brokerage account: Alpaca Paper Trading API, moomoo Paper Trading, TradePlay (TradeWire).
Which paper trading apps are confirmed available in Australia?
Provider-confirmed: TradingView Paper Trading, Webull paperTrade, Interactive Brokers Paper Trading, Alpaca Paper Trading API, eToro Virtual Portfolio, moomoo Paper Trading, Plus500 Demo, TradingView The Leap (competitions).
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.