One way to practice trading without risking money is to use a trading simulator or demo account. Many online brokerages and trading platforms offer these tools.Our trading simulator allows you to practice trading and learn the essentials along the way. Ideal for beginners, it's free and there's no login required. Most people put minimum money to open a brokerage (e.g. 250-500 dollars) to use it. Create a BetterTrader account you automatically get login credentials for a free and unlimited practice account. PaperMoney® is the virtual trading experience that lets you practice trading on thinkorswim® using real-time market data—all without risking a dime. Once you have signed up for a demo account, you can access the virtual trading platform and begin to trade stocks using virtual currency. Some of the best paper trading apps to practice stock trading with fake money include Interactive Brokers, eToro, Charles Schwab and more.