Terms of Use
Last updated 27 August 2026
These terms apply when you use the Paper Trader app or this website. By installing or using the app you accept them. If you do not accept them, do not use the app.
What Paper Trader is
Paper Trader is a trading simulator. Every order in it is filled with virtual money against real market prices. The app holds no money, has no connection to any exchange order gateway, and cannot place a real trade even if you ask it to.
We are not a broker, not a portfolio manager, not an investment adviser and not a research analyst, and we are not registered with SEBI as any of those.
It is free
The app is free to use. There is no subscription, no in-app purchase and no payment path in it at all. If that ever changes, the change will be announced in the app before it takes effect and will never apply retrospectively to something you have already done.
Your account
Signing in with Google is optional and is needed only to link a broker for live prices; practice mode works fully without an account. You are responsible for the Google account you sign in with. You can delete your account and its cloud backup at any time from the Account screen, or at papertraders.in/delete-account.
Connecting your broker
The app can display live market data by connecting to your own broker account using an access token you generate. Three things follow from that, and they matter:
- The data is yours, under your agreement with your broker. We do not licence, purchase, resell or redistribute exchange data. What you see is delivered by your broker to you.
- Your token never leaves your phone. It is held in the Android keystore and is not uploaded to us. See the Privacy Policy.
- Your broker's own terms still apply to that account, including any limits on how their data may be used. Using Paper Trader does not change or override them.
AI features
Some features can turn a sentence into a strategy, or comment on a position, using an AI model. Where these need a key, it is your own key, entered by you. AI output is generated text. It is frequently wrong, it is not reviewed by a human, and it is not advice. Treat it as a starting point for your own thinking and nothing more.
Nothing here is investment advice
Derivatives carry a real risk of loss. Most retail traders lose money trading them. Simulated results do not predict real results — a simulator cannot reproduce slippage, queue position, partial fills, rejections, or how you will behave when the money is real.
Any decision you make with real money is yours alone.
Using the app properly
Please do not:
- use the app to break the law, or your broker's or exchange's rules;
- scrape, republish or resell market data obtained through it;
- present its simulated results to anyone as a real trading record;
- attempt to break, overload or reverse-engineer the app or its backend, or use another person's broker credentials in it.
Using this website
This section is about papertraders.in itself, separately from the app.
- You must not use any part of the content on this website for commercial purposes without first obtaining the necessary licence. That includes the text, the images, the screenshots, and any charting or other third-party components the site or the app displays — some of them are licensed to us and that licence does not pass to you.
- You must not use this website in any way that breaches applicable laws or regulation.
Availability
The app is provided as it is. We do not promise it will be available without interruption, that prices will always arrive, or that it will be free of defects. Market data can be delayed, wrong or missing for reasons at your broker or the exchange that we neither cause nor control.
Features may change or be removed. Some have been removed already, and more will be, when keeping them would make the app worse.
Liability
To the extent the law allows, we are not liable for trading losses, lost profits, or any indirect or consequential loss arising from your use of the app — including losses from a decision you made after reading anything it displayed. Nothing here limits liability that cannot lawfully be limited.
Ending it
You can stop using the app at any time by uninstalling it, and remove your cloud data with "Delete account". We may suspend access for anyone using the app in the ways listed under "Using the app properly".
Changes
Material changes to these terms will be published on this page with a new "last updated" date.
Governing law
These terms are governed by the laws of India, and the courts at Telangana, India shall have jurisdiction.
Contact
Questions about these terms: pradeep@papertraders.in