Virtual money, real market
Every account opens with virtual funds. You place an order the way you would at a broker — instrument, quantity, market or limit — and it is filled against the live price. Margin is blocked while the position is open and released when you exit. Your profit or loss is calculated exactly as it would be, and then credited to capital that has no cash value.
The point is not the number at the end. It is that every habit you build — how you size, when you exit, whether you follow your own rules — is built against real price behaviour rather than a backtest or a hunch.
What is simulated and what is real
Real
Prices, option premiums, open interest, implied volatility, lot sizes, expiry dates and intraday square-off timing.
Simulated
Your capital, the fill itself, and therefore your profit and loss. No order reaches an exchange.
Not reproduced
Slippage in fast markets, partial fills on illiquid contracts, and the emotional weight of real money. These are the gaps to stay honest about.
Who gets the most out of it
- Anyone who has never placed an order and wants the mechanics to stop being intimidating.
- Traders with a strategy they believe in but have never measured.
- Equity traders moving into options, where the learning curve is steepest.
- Traders returning after a break who want to re-establish a routine before committing capital.
Frequently asked questions
Is virtual trading the same as paper trading?
Yes. The two terms describe the same thing: simulated orders against real market prices.
Can I lose real money?
No. Virtual funds have no cash value and cannot be withdrawn or converted.
Do I need a demat or broker account?
No. A Trade Monky account is all you need.
Is it available on iPhone?
The Android app is on Google Play. On iPhone, use the web version in a browser.