NIFTY 50 24,318.45 +0.62%
BANKNIFTY 52,841.20 +0.41%
NIFTY IT 38,762.10 -0.18%
RELIANCE 2,891.55 +1.24%
INFY 1,742.80 -0.33%
TCS 3,924.65 +0.88%
HDFC BANK 1,658.40 +0.55%
ICICI BANK 1,231.70 +0.73%
SBIN 812.35 -0.12%
BHARTIARTL 1,618.90 +2.11%
WIPRO 481.25 -0.44%
AXISBANK 1,142.60 +0.31%
NIFTY 50 24,318.45 +0.62%
BANKNIFTY 52,841.20 +0.41%
NIFTY IT 38,762.10 -0.18%
RELIANCE 2,891.55 +1.24%
INFY 1,742.80 -0.33%
TCS 3,924.65 +0.88%
HDFC BANK 1,658.40 +0.55%
ICICI BANK 1,231.70 +0.73%
SBIN 812.35 -0.12%
BHARTIARTL 1,618.90 +2.11%
WIPRO 481.25 -0.44%
AXISBANK 1,142.60 +0.31%
NSE LIVE DATA · ZERO RISK · FREE

Trade the market.
Without the risk.

PaperDesk is a paper trading console for Indian traders. Practice NSE options and equity with live market data before you put real money on the line.

Start paper trading Login →
No broker needed Free forever Live NSE data
NIFTY · 24318 · Option Chain
LIVE
OIIVBid STRIKE BidIVOI
12.4L 18.2% 38.50 24100 248.70 22.1% 8.9L
9.8L 19.4% 22.10 24200 312.40 21.8% 6.2L
18.3L 21.7% 8.90 24300 428.60 20.4% 14.7L
7.1L 24.3% 2.40 24400 582.10 19.1% 5.4L
4.2L 27.8% 0.60 24500 748.80 18.3% 3.1L
NIFTY 24300 CE
SELL · 50 · Avg 442.80
+₹723.00
NIFTY 24200 PE
BUY · 50 · Avg 298.50
-₹181.50
BANKNIFTY 52800 CE
SELL · 25 · Avg 318.60
+₹414.00
PAPER P&L TODAY +₹955.50
Live
NSE market data
₹0
Risk. Ever.
F&O
Full options support
Free
No credit card
// CAPABILITIES

Built for serious
paper traders

Not a toy simulator. PaperDesk uses live exchange data and real option chains so your practice actually transfers to real trading.

Options Chain

Full F&O simulation

Real NSE option chains with live premiums, IV, OI, and bid-ask. Select any strike, expiry, and quantity — exactly how you'd trade on a live account.

01
Live Data

Real prices, not delayed

Market data via Dhan API — the same feed that powers real brokerage accounts. No 15-minute delay. Your paper trades execute at actual market prices.

02
Portfolio

P&L tracking that matters

Open positions, unrealised P&L, position sizing, trade history — everything tracked the same way a broker would. Spot your edge before going live.

03
Equity

Stocks too

Trade NSE and BSE equity virtually. Buy, sell, track positions. All the same live prices and margin rules you'd encounter in a real cash account.

04
Leaderboard

Compete on % return

See how your paper portfolio stacks against other PaperDesk traders. Ranked on percentage return — so capital size doesn't decide the winner.

05
Analysis

Review every trade

Full trade history with entry, exit, P&L per position. Know exactly which strategies worked and which didn't before you risk a single rupee.

06
// GETTING STARTED

Up in two
minutes flat

01

Create your account

Email and password. No KYC, no broker link, no credit card. You're in immediately.

02

Get virtual capital

Your account loads with virtual funds. Add more from the Funds section whenever you want to scale your simulation.

03

Trade the live market

Open the option chain, pick a strike, sell or buy. Prices are live. Track unrealised P&L in real time.

04

Review and iterate

Analyse every closed trade. Refine what's working. When you're consistent on paper, go live with confidence.

PAPER PERFORMANCE · 30 DAYS +34.2%
+₹18,240
Paper P&L
74%
Win rate
43
Trades placed
-₹2,340
Largest loss
// THE REALITY

90% of retail traders lose money.
Preparation is the only edge.

90%

Retail traders lose capital in year one

SEBI data shows 9 out of 10 individual F&O traders close the year at a loss. Most blow up within the first 6 months — not from bad ideas, but from untested execution.

₹0

Value of gut feeling without data

A strategy that feels right is worth nothing until it's tested across market conditions. Conviction without backtested, practised execution is just expensive speculation.

3×

Traders who paper trade first perform better

Practised traders enter live markets knowing their edge, their risk tolerance, and their emotional triggers. That preparation compounds into real performance.

∞

Mistakes you can afford to make on paper

Stop paying tuition fees to the market. Paper trading gives you an unlimited budget to be wrong, learn, adjust, and build a system that survives real conditions.

The uncomfortable truth: Most traders knew what they needed to do — they just never practised it under real prices before risking real money. PaperDesk removes that excuse.
// WHAT TRADERS SAY
★★★★★
Finally understand how IV affects premium. I blew up 3 paper accounts before figuring out my position sizing. Zero rupees lost in the process.
RK
Ravi K.
Options trader, Mumbai
★★★★★
Been trading equities for 2 years but never touched F&O. PaperDesk let me run 40+ option trades before going live. First real month was profitable.
PS
Priya S.
Swing trader, Bangalore
★★★★★
The option chain data is the same as my broker. No delay, no fake prices. When I switched to live, my muscle memory was already there.
AT
Amit T.
Intraday trader, Pune
★★★★★
I tested my short straddle strategy for 3 weeks on paper across earnings. 74% win rate on paper translated to 68% live. That delta is acceptable.
SM
Sneha M.
NSE options, Delhi
★★★★★
Most simulators use fake delayed data. PaperDesk uses live Dhan feed — the only way practice actually transfers to real execution.
KP
Karan P.
Positional trader, Chennai
★★★★★
Tested 4 different strategies over 6 weeks. Two were immediately unprofitable on paper. Saved me from discovering that the expensive way.
AR
Ananya R.
Equity trader, Hyderabad
★★★★★
The leaderboard keeps me honest. Seeing other traders' % returns makes me stick to the strategy instead of overtrading during drawdowns.
DG
Dev G.
Options seller, Kolkata
★★★★★
I lost ₹80k in my first 3 months live. Came back to paper trading, found my edge, went live again — profitable for 4 months straight now.
NV
Nisha V.
Derivatives trader, Jaipur
★★★★★
Finally understand how IV affects premium. I blew up 3 paper accounts before figuring out my position sizing. Zero rupees lost in the process.
RK
Ravi K.
Options trader, Mumbai
★★★★★
Been trading equities for 2 years but never touched F&O. PaperDesk let me run 40+ option trades before going live. First real month was profitable.
PS
Priya S.
Swing trader, Bangalore
★★★★★
The option chain data is the same as my broker. No delay, no fake prices. When I switched to live, my muscle memory was already there.
AT
Amit T.
Intraday trader, Pune
★★★★★
I tested my short straddle strategy for 3 weeks on paper across earnings. 74% win rate on paper translated to 68% live. That delta is acceptable.
SM
Sneha M.
NSE options, Delhi
★★★★★
Most simulators use fake delayed data. PaperDesk uses live Dhan feed — the only way practice actually transfers to real execution.
KP
Karan P.
Positional trader, Chennai
★★★★★
Tested 4 different strategies over 6 weeks. Two were immediately unprofitable on paper. Saved me from discovering that the expensive way.
AR
Ananya R.
Equity trader, Hyderabad
★★★★★
The leaderboard keeps me honest. Seeing other traders' % returns makes me stick to the strategy instead of overtrading during drawdowns.
DG
Dev G.
Options seller, Kolkata
★★★★★
I lost ₹80k in my first 3 months live. Came back to paper trading, found my edge, went live again — profitable for 4 months straight now.
NV
Nisha V.
Derivatives trader, Jaipur
// THE DIFFERENCE

Trading blind vs
trading prepared

Without PaperDesk
Paying real money to learn basic execution mistakes
Emotional decision-making under live P&L pressure
No data on which strategies actually work for you
Blown accounts teaching lessons that paper could have taught free
Guessing position sizing until a loss forces discipline
No benchmark — can't tell if you're getting better
With PaperDesk
Learn execution with live prices, zero capital at risk
Build emotional resilience before real money is involved
Full trade history to identify your actual edge
Unlimited ability to be wrong, iterate, and improve
Test position sizing rules across dozens of scenarios
Leaderboard shows your % return vs other traders
// FAQ

Common questions

Yes. Paper trading on PaperDesk is completely free. No credit card required, no trial period, no broker account needed. Create an account and start immediately.
Yes. PaperDesk uses live market data via the Dhan API — the same feed that powers real brokerage accounts. Prices are not delayed or synthetic. Your paper trades execute at actual market prices.
No. You do not need a broker account of any kind to use PaperDesk. The live data is connected on the platform side. You just need to register and you're ready.
Yes — options are the primary focus. PaperDesk shows the full NSE option chain with live premiums, IV, OI, and bid-ask spreads. You can select any strike price, expiry date, and quantity for index or stock options.
Most broker paper trading tools use delayed data, have limited instruments, or reset positions frequently. PaperDesk uses live data, tracks your complete trade history, shows you performance analytics, and has a leaderboard so you can benchmark yourself against other traders.
Not automatically — but significantly more than trading without practice. Paper trading builds execution habits, tests strategies under real prices, and removes the emotional shock of live P&L. Traders who paper trade first typically make fewer systematic errors when they go live.
// READY?

The market is open.
Start practising now.

Build the habits, test the strategy, find the edge — before a single rupee is at risk. Takes two minutes to set up.

Create free account
No credit card No broker account Instant access Live NSE data