Options paper trading lets you practise real options trades using virtual money instead of your own capital. The Trade Pilot is an options paper trading app built for the Indian market: you trade NIFTY, BANKNIFTY and SENSEX options on live NSE and BSE data, so every decision feels exactly like the real thing — but a losing trade costs you nothing.
It's the safe way to learn options before you risk a single rupee. No KYC, no demat account, and no money on the line.
Why practise options trading with virtual money?
Most beginners lose money because they learn options the expensive way — with real trades and real losses. Paper trading flips that: you build a routine, test strategies, and learn how premiums, time decay and volatility behave, all with virtual capital. When you finally switch to real trading, you already know what you're doing.
- Trade a full options chain with OI, IV, Delta, Theta, Gamma and Vega
- Live market data — real premiums and price action, virtual trades
- An AI coach that explains why a trade won or lost
- Trade scoring and history so you can review and improve
How it works
Sign up in minutes, get virtual capital, and place your first practice options trade on a live index. Buy calls and puts, build spreads, set stop-losses, and watch your positions move with the real market. Every trade is logged so you can review your entries and exits — the fastest feedback loop for learning options trading in India.
Built to match a real broker
Frequently asked questions
Is options paper trading free in India?+
Yes. The Trade Pilot offers a free trial with virtual capital and no KYC, so you can practise options trading in India at zero cost before choosing a paid plan for more virtual capital and features.
Do I need a demat account to paper trade options?+
No. Because you trade with virtual money, there is no demat account, no KYC and no real money involved. You can start practising within minutes of signing up.
Is this real options trading?+
No. It is a paper-trading simulator for education only — no real securities are bought or sold. It uses live market data so the practice is realistic, but nothing here is investment advice.
Which options can I practise?+
You can paper trade options on NIFTY, BANKNIFTY and SENSEX, with a full options chain and the Greeks, using live NSE and BSE prices.
The Trade Pilot is a paper-trading simulator for education only. No real securities are traded and no money is at risk. Not a SEBI-registered investment adviser; nothing here is investment advice. See our disclaimer.