It's the best way to demo your trades and try out strategies before putting up real money. Investopedia Stock Simulator: Investopedia offers a free and user-friendly stock market simulator that allows you to trade virtual money.Trade equities, options, futures1, and forex1 in a live market simulation. If you want to learn how to make money in the stock market wisely, this series will give you the tools you need for successful investments. You get "virtual" money so you can practice your trading strategies without going broke while making all the newbie mistakes. Paper trading is a method of virtually testing setups and strategies without putting real money on the line. It can help you gain experience and confidence. Come learn about the different investment products and strategies available today and decide where your passions lie. Practice your investing strategies without risking real money with our top virtual share trading games - we explain the pros and cons of each. In this tutorial, we'll demonstrate how to use paperMoney® on the thinkorswim® platform and place simulated stock trades.