Best paper trading apps for forex (2026)
We track 13 simulators for forex. They are ordered by how completely their details are verified from provider pages, not by quality or payment.
Of these, 11 are listed as free (TradingView Paper Trading, Interactive Brokers Paper Trading, Schwab thinkorswim paperMoney, Plus500 Demo, MetaTrader 4/5 Demo (via brokers), Vantage App Demo and 5 more), 6 use real-time or live data at least partly (TradingView Paper Trading, Interactive Brokers Paper Trading, Schwab thinkorswim paperMoney, InvestGame, TradePlay (TradeWire), 5Trade Paper Trading), and 2 can be used without a brokerage account (InvestGame, 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)); 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)); Schwab thinkorswim paperMoney (price: Free; data: Real-time simulated market data (paperMoney); starting balance: $100,000).
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 |
|---|---|---|---|---|
| TradingView Paper Trading | 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) | Free TradingView account |
| Interactive Brokers Paper Trading | 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 | Free trial, or paper account once a live account is approved (funding not required for approval) |
| 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) |
| Plus500 Demo | CFDs | unknown | Free | Demo with no time limit |
| MetaTrader 4/5 Demo (via brokers) | forex, CFDs | depends on broker | Free | Demo opened in the terminal on a broker's server; no investment |
| Vantage App Demo | CFDs on forex, indices, commodities, shares, ETFs, bonds | unknown | Free | unknown |
| InvestGame | stocks, crypto, forex | Real-time (per site) | Free | Account (browser) |
| StockTrak | stocks, bonds, options, futures, forex, crypto | Delayed at least 15 minutes (site quote notice) | Paid (see K-12 pricing) | Institutional/classroom |
| IG Demo Account | CFDs, forex, indices, shares | unknown | Free | unknown |
| TradePlay (TradeWire) | stocks, forex, crypto, indices | Real-time prices (developer site) | unknown | No brokerage account or deposit (developer site) |
| 5Trade Paper Trading | futures, options, commodities, forex, crypto, stocks | Live real-time data (official) | Free | KYC required |
| TradingView The Leap (competitions) | stocks, futures, forex, crypto | unknown | Free entry | TradingView account (plan requirement varies by edition); 18+ |
| GlanWick | stocks, crypto, forex, indices, commodities, ETFs, futures | unknown | Free journal; paid plans for advanced analytics/broker sync (7-day trial) | unknown |
FAQ
What is the best paper trading app for forex?
It depends on your market and data needs. The most completely documented options in our dataset are TradingView Paper Trading, Interactive Brokers Paper Trading, Schwab thinkorswim paperMoney. Compare data delay, price and account rules in the table above.
Which paper trading apps for forex are free?
Listed as free: TradingView Paper Trading, Interactive Brokers Paper Trading, Schwab thinkorswim paperMoney, Plus500 Demo, MetaTrader 4/5 Demo (via brokers), Vantage App Demo, InvestGame, IG Demo Account, 5Trade Paper Trading, TradingView The Leap (competitions) and 1 more. 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, Interactive Brokers Paper Trading, Schwab thinkorswim paperMoney, InvestGame, TradePlay (TradeWire), 5Trade Paper Trading. Check each listing for delays on specific markets.
Can I paper trade without opening a brokerage account?
Yes, these need no brokerage account: InvestGame, TradePlay (TradeWire).
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.