Trade through simulated NSE market scenarios with ₹10 lakh of virtual capital. Black-Scholes pricing, live Greeks, and expiry mechanics. Exactly like the real market.
No paper, no guessing. A fully functional options desk with real market mechanics.
Start trading in under 60 seconds. No setup, no deposits, no risk.
Yes. There is no paid tier for the simulator, no trial period and no card. Creating an account takes about thirty seconds and starts you with Rs.10 lakh of virtual capital. There is no KYC and no demat account, because no real money and no real order are involved at any point.
No, and that is deliberate. Each session is a recreated NSE scenario replayed candle by candle, 375 of them, which is one full trading day from 9:15 to 15:30. Option prices are computed with Black-Scholes as the underlying moves, so the chain behaves the way a real one does without quoting a live market. It also means you can replay the same day as many times as you like, which live data would never allow.
Twenty or more simulated NSE sessions, including Budget Day, election results, expiry days and high-VIX days, each replicating real intraday price action. You get a full option chain from deep ITM to far OTM with the ATM strike highlighted and IV skew modelled, market and limit orders, and a candlestick chart at 1, 3, 5, 15 or 30 minute intervals with playback from 0.5x to 10x.
With Black-Scholes. As the underlying moves, implied volatility, Delta, Gamma, Theta and Vega move with it, so time decay on an expiry afternoon and a volatility crush after an event behave the way they do in a real options chain rather than being approximated.
No. Nothing connects to a broker. There is no brokerage login, no password and no API key at any point, and nothing you do in the simulator reaches a real exchange.
You choose the day. A broker paper mode gives you whatever the market is doing right now, so practising an expiry afternoon or a Budget Day means waiting for one to come around. Here you pick the session, and you can replay the same one and change a single decision, which is the only way to tell whether an outcome came from the decision or from the market.
The simulator is about mechanics rather than costs. For the cost side there is a separate free tool, the NiftyWise Trade Journal, which reads the tradebook CSV your broker already gives you and rebuilds every round trip with all seven Indian charges applied at the rates that were in force on the day it traded: brokerage, STT, the exchange transaction fee, clearing, GST, stamp duty and the SEBI turnover fee.
No. NiftyWise is an educational platform. Nothing on it is investment advice, there are no tips, signals or recommendations, and no real order is ever placed. Every trade in the simulator is virtual.
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