3 Best Virtual Trading Platforms In India

3 Best Virtual Trading Platforms In India ( without real money and risk free)

                    hi everyone today i am going to write about top online virtual trading platforms(paper trading),do you want to learn stock market trading without loosing money then this post is for you 

every beginner interested to learn stock market trading but here an equal chance for gaining and losing money from it, every beginner should know about virtual trading because if you invest you can lose the money by various mistakes. there is a lot of processes and first, you need a demat and trading account and you have to pay an opening charge and documentation process, but here with-out paying any money you can involve into the stock market as following steps

• first you need to create a trading account in virtual trading platform 
• create a account with your mail id 
• and the start buying and selling of shares in it.
• monitor your portfolio 
• and manage your portfolio,use strategies and learn

What is virtual trading and How it works?

virtual trading is also know as paper trading it is same as real trading,which you can buy and sell the stocks,here there are no real money require,because when you signup with it you will get 1 to 10 lakhs virtual money in your account,and you can practice trading in it,such platforms are called as stock simulators

• it provides virtual money 
• and it provides real-time stock data in the real stock market 
• you can practice and buy and sell the shares in it
• after that, you can get a clear idea about how the stock market works 
• you can see your profit and loses in it
• after few days you can get a minimum idea about how the stock market works and you will get confidence about your decisions on a stock market
• try different types of strategies and implement it on virtual trading platforms
• once you get confidence then you can enter into real life trading with your real money

now lets move to the best sites for paper trading

Best Virtual Tradings Sites In India:

1. MoneyBhai :

Website : https://moneybhai.moneycontrol.com/

• Money Bhai was offered by Moneycontrol
• it is a full free virtual trading platform
• here you can get up to one crore virtual money 
• you can start trading at any time when you signed
• it provides various investment objects like shares, mutual funds, commodities, FD's, bonds etc...
• and a greater advantage in MoneyBhai provides a discussion forum on his site where you can ask any questions and queries

it is very popular in India, if you have done any mistake don't worry we can reset our portfolio, I strongly recommended for beginners because I personally experienced MoneyBhai platform, which is friendly.

2. Dalal Street:

Website : https://www.dsij.in/Stock-Market-Challenge

• A popular virtual trading platforms in India is Dalal street investmnet journal
• it provides 10,00,000 as virtual money
• here you can share your investmnet strategies with like-minded people in a dalal street investmnet journal discussion group
• it will help you to enhance your skills better than other.

3. TrakInvest:

Website : http://www.trakinvest.com/

• TrakInvest is a global trading platform which provides the same services as Money Bhai
• I recommended to beginners because it mainly designed by stock market learners point of view
• this site will guide and educate the learners like providing videos and certification courses 
• it is friendly and simple to understand the stock market.

In virtual trading platforms there is alot of advantage than disadvantage list outed as follows 

Pros :

• its completely risk free
• you can get basic knowledge about stock market and trading
• no need to open a demat and trading account here
• risk free practices 
• doesn't require of real money
• make mistakes and learn because there is no real lose
• real time market scenarious

Cons :

• if your strategy workouts, you did'n get the profits
• you can bored with winning and losing the virtual money
• it is little bit difference from real market scenario

conclusion:  virtual trading-platform is a best place to learn trading in India because is completely risk-free and doesn't require real money.you can implement different strategies you want, my advice is beginner should always try in paper trading then you can procced with real time trading, now let's enjoy the virtual trading