Today, we will try and find the best stock market game from a selection of available sources.
Let us know which one you think is the best.
Contents
- How To Learn Investing Without Risking A Cent
- #1 – Wall Street Survivor
- #2 – Market Watch Virtual Stock Exchange
- #3 – Investopedia Stock Market Simulator
- Pros and Cons to Stock Market Simulation Games
- Conclusion
How To Learn Investing Without Risking A Cent
Have you ever wanted to start investing, but you’re too worried about the risks of losing money?
Several stock market games allow you to test your investing skills without risking real money.
We will take a closer look at the best stock market games that might be perfect for beginners who want to try their hand at investing without all of the financial risks.
If the idea of a stock market game is appealing to you, then you might be excited to browse some of our favorite simulation games that are synced up with the stock market so that you can test your skills as a novice investor.
These simulation games are also excellent for building experience and learning from your mistakes without risking real money.
Nobody wants to make rookie mistakes when they open a real investing account, so it might be an excellent idea for newcomers to the stock market to play a stock market simulation game before investing with genuine money in the real stock market.
#1 – Wall Street Survivor
Wall Street Survivor is one of the most popular online stock market simulation games that allows new users to open an account.
Users can start with a portfolio that uses simulated money and make trades with real stocks immediately.
The process is simple, and everything functions just like the real thing, with one major exception, it’s not real money.
Users receive a ‘practice’ portfolio of $100,000 when opening their accounts.
Users can use this simulated money to make realistic trades to build experience and get more comfortable with the trading process.
Real-life investment strategies can be used in the simulation game to test your speculative trading ideas.
Over a million users have already signed up, and thousands of new users learn about Wall Street Survivor every week.
If you’re interested in learning more about investing, you should check out the Wall Street Survivor online simulation game.
#2 – Market Watch Virtual Stock Exchange
The Market Watch Virtual Stock Exchange allows users to trade stocks and invest with simulated money.
You can even compete against your friends and move up the leaderboards as you make smart trades and learn about investing.
Users can sign-up on the Market Watch platform with no effort and either create their own game or find an existing game that is already in process.
On most weekdays, there are more than 30,000 games in process at any given time.
10x Your Options Trading Course Replay
While the Market Watch Virtual Stock Exchange provides users with virtual cash to test their investing theories, the simulation feels like the real thing.
This online stock market simulation platform is excellent for new investors that don’t have a lot of investment experience.
New users can sign-up for an account and quickly get started within minutes.
You can set up your simulation portfolio and test many of the same features that you’d find on a genuine stock market exchange.
You’ll be trading with virtual money instead of real money, ultimately eliminating all financial risks that generally intimidate new investors.
#3 – Investopedia Stock Market Simulator
Investopedia’s Stock Market Simulators dubs itself one of the ‘best stepping stones to the real stock market’.
Users who sign up for the stock market simulator game can connect with hundreds of thousands of existing players who already use Investopedia.
The game includes trading challenges and provides a realistic virtual trading environment that mirrors the genuine stock market.
New investors and students learning about economics may benefit the most from Investopedia’s Stock Market Simulators because it gives users the freedom to learn about different investing skills.
While real-time trading is unavailable, price fluctuations occur relatively often in the simulation engine, approximately every fifteen minutes.
After a closer look at all the features that Investopedia has integrated into its simulation, this is one of the only drawbacks.
If you plan on second-to-second day trading with this stock market game, then you might be a bit disappointed when you find out that stock prices don’t update as quickly as they would in a real-life stock exchange.
Even with the lag in price fluctuations, this is still an excellent investing utility that can benefit new investors in many different ways.
Pros and Cons to Stock Market Simulation Games
Pros and Cons to Stock Market Simulation Games
There are many different pros and cons associated with virtual stock market games that simulate real-life trading experiences.
All three of our recommended virtual stock market games have exceptional reviews from new investors because they do a great job simulating a genuine stock exchange.
PROS:
- Stock market games are a great stepping stone to the real stock market.
- These stock market simulation games are free to play. (No Risk)
- These stock market simulation games are ideal for new investors and students.
CONS:
- An account may be required in order to start playing.
- Some realistic features are not included
Conclusion
You might be skeptical about the benefits that you can get from a stock market simulation game.
The most significant relief for new investors is taking part in semi-realistic trading experiences without risking genuine money.
Most newcomers would agree that it’s probably best to make trading mistakes with virtual money instead of the real thing.
With that being said, we’ve already taken a look at three of the prominent stock market games that currently exist.
There are dozens of high-quality stock market games that can help you start investing without placing you at any financial risk.
If you’re still unsure where you should begin, it might be a good idea to have a look at the three stock market simulation platforms that we recommended earlier in this post.
These are highly reputable stock market games that already have a significant amount of users on their platform.
You can get started within minutes after signing up for a free account on each of their respective platforms.
Trade safe!
Disclaimer: The information above is for educational purposes only and should not be treated as investment advice. The strategy presented would not be suitable for investors who are not familiar with exchange traded options. Any readers interested in this strategy should do their own research and seek advice from a licensed financial adviser.
