Start with virtual capital
Choose or join a league with a virtual starting balance. No deposit or brokerage connection is required for simulated trading.
Free paper trading platform
Free Paper Trading with Virtual Money
Practice investing without placing real-money securities orders.
League of Markets is a paper trading platform where you can use virtual capital, trade supported stocks and ETFs with market data, and turn practice into a shared league when you want to compare results with other people.
No brokerage account or real-money order is required. Market data can be delayed or cached and simulated prices can differ from executable market prices.
Create a paper trading competitionWhat is paper trading?
Paper trading is simulated investing with virtual money instead of real capital. It lets you practice buying and selling stocks or ETFs, follow portfolio performance, and learn how market decisions affect results without sending orders to a brokerage account.
Trade stocks and ETFs
Place simulated buy and sell orders for supported stocks and ETFs using validated market data. Quotes may be delayed or cached depending on market and provider conditions.
Track your virtual portfolio
Follow cash, holdings, portfolio value and returns while your simulated orders remain separate from real securities markets.
Practice alone or compare with a group
Use AI participants for a private practice league or invite real participants and compare results on a shared leaderboard.
From individual practice to a paper trading competition
When you want more than solo practice, create a paper trading competition for friends, a classroom, a club, a team or a workplace and keep the same virtual-money trading model.
Try paper trading before risking real money
Start with a basic account or inspect the read-only demo first. League of Markets is a simulation service and does not execute real securities transactions.