Hi Dhan team,
Is there any possibility to introduce paper trading feature specifically for the futures and option strategies wherein people keen to enter these can hon their skills and become a better trader. This is one of the most critical need gap which should be considered.
Thanks
Hey @Harish_Kumar3, we totally understand the value of paper trading, but as per the current regulations, Stock Brokers and platforms are not allowed to offer paper trading or virtual trading features. We always strive to work within clear regulatory frameworks to ensure a safe and compliant experience for our users.
Hi @Harish_Kumar3 , You can still paper trade using Option Trader’s Strategy Builder and keep track of the money put in the trade using an Excel sheet. Instead of executing the trade, please save it to the snap and see the PnL. If you need to keep track of the charges, use Dhan’s brokerage calculator. It’s a lengthy process but a nice way to test out the strategies using Dhan’s products.
Tradingview also has a manual paper trading interface. NSE Equity, FnO, MCX FnO all there in tradingview. So we can easily test.
Thanks @Madiya_Khatri for your replies. Thanks for clarifying that regulations restrict from offering the paper trading. However, I see there are many platforms which are having this feature and the other brokers offer login through them. Sensibull is the most popular one.
Can there be some option where Dhan can partner with any such platform and offer the full/ pro access to its users maybe at some discounted prices if not complimentary?
Thanks for your attention to this.