Best online Virtual trading platform
TradingView
virtual stock market trading
An Virtual trading platform that lets you trade
in stocks, indices, crypto, forex, futures and bonds. You have the facility to
paper-trade with a balance of $100,000 for as long as you want, and then to
start trading for real on the app itself. The in- vesting simulator has several
educational videos to teach you how to read charts and the basics of technical
analysis. One of TradingView's biggest features is its thorough stock screener,
which draws attention to every aspect of a stock, from performance and
valuation to margins and balance sheet. You may quickly see the largest stocks
and firms in any industry using a heatmap by comparing their performance over
various time periods and volatility, for example.etc. Trading View video demo
Type of investor:Experienced investors and
traders
Available on: Website (tradingview). App Store and Google Play
Price: 1-month free, and then a monthly fee
of *995-3,995
USP: Extremely comprehensive, covering
everything related to equity markets including global indices
MONEYPOT
20 lakhs worth of virtual money can be used to develop a portfolio, however there are many game types, and each one has a distinct cash cap. Orders are processed within 5–10 minutes of being placed since the price feed is delayed, despite the website providing real-time data for all businesses listed on the BSE. However, trading penny stocks is not permitted on the platform. You have the option for a 'Good for the Day/Week' order, which gets executed only when the market price hits your limit price. You can also discuss trading strategies with other players. This website is one step above the Dalal Street one as it allows you to short sell shares, but there is no stop-loss facility. Also, the user interface on apps isn't as good as other simulators.
Type of investor: Only for rookies
Available on: Website
(moneypot), App Store and Google Play store
Price: Free
USP: Learning how to short sell
DISCLAIMER: While such games
CHARTMANTRA
Type of investor: Rookie and those wanting
to learn technical analysis
Available on: Website (chartmantra virtual trading) USP: Technical charts and
indicators
Price: Free
DALAL ST MARKET CHALLENGE
It's the simplest gaming site where you
start with a virtual cash balance of 10 lakh and get real-time data from the
Bombay Stock Exchange. When you trade, you can see at one glance your daily
gain/loss and the level of your expertise. You can put stocks on your
watchlist, see your current ranking, depending on how much your portfolio has
gained, and join contests to pit your knowledge against other players. The practical
issues faced when a stock hits a circuit or the illiquidity of a stock, etc,
are also captured and simulated. However, the website lets you trade only in
equities.
Type of investor: Rookie
Available on: Website (https://www.dsij.in/stock-mkt-challenge)
Price: Free
USP: Extremely easy to use
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NEOSTOX
You get 10 lakh of play money when you the
margin you will need to place you register and you can top-up buy and sell
orders for intra-day and anytime you want, up to 1 crore. regular orders, and
alert you if you Trading is done with real-time price don't have the required
margin . You have access to data, along with the ability to download your
dashboard for equities, futures, and options, as well as the ability to trade
and get a summary of your current account's activity in commodities—a feature
that other simula- day and past 30 day, and a day-wise tors lack. A recap of
the last 180 days is displayed on the webpage.
Type of investor: Rookie to experienced
Available on: Website (https://neostox.com/),
Google Play store
Price: Free, but for availing major
features you will have to pay 289 to 1,179 per month, depending on features you
want to use
USP: Commodity trading
MONEYBHAI
One of the most popular gaming shows by how
much your portfolio has sites, it gives you?1 crore of virtual gained and the
top players on the site. money when you sign up. You can use You can follow
these leaders to check this to invest in equity, mutual funds, out their
transaction history and bonds and FDs which will show in know what kind of
equities they buy your order book and profit and loss and sell to learn the
tricks of the trade statement. While the initial intraday To give you a real
experience. The maximum limit is likewise 71 crore, and it will be determined
the night before. The website also considers bonuses and splits every day in
accordance with your net worth. The website contains a leaderboard that
provides advice on which stock to choose and why, as well as brokerage fees and
offers.
Type of investor: Rookie to experienced
investors Available on: Website( Moneybhai virtual trading platform)
Price: Free
USP: Build a portfolio of both equity and
debt
ADVANTAGES AND DISADVANTAGES
ADVANTAGES Virtual trading platform
- t is a terrific approach to put any theories you may have to the test. A virtual trading platform is the best location to test your newfound knowledge of technical analysis if you have taken a course in it and want to do so without taking on the related dangers. You can back test the markets because the virtual platform will provide you historical data about them. Back testing involves looking at the past performance of a stock or market, applying methods, testing them on historical data, and determining whether the strategies are successful and how likely they are to succeed in the real markets.
People also ask (virtual trading platform is best in India)
- Which virtual trading platform is best in India?
One of the most popular gaming shows by how much your portfolio has sites,
it gives you?1 crore of virtual gained and the top players on the site. money
when you sign up. You can use You can follow these leaders to check this to
invest in equity, mutual funds, out their transaction history and bonds and FDs
which will show in know what kind of equities they buy your order book and
profit and loss and sell to learn the tricks of the trade statement.
- 2.
How do I start virtual trading?
·
Download an app to get started.
·
You will receive some virtual money after
creating your account so that you may start buying and selling stocks.
·
You can work with several equities and employ a
variety of trading methods in search of the one that is most effective for you.
Paper trading, often known as paper trading,
refers to the practice of an investor learning about the stock market,
techniques, profit-loss records, etc. while not putting any money at risk.
Stock simulators are the platforms that offer virtual trading facilities.
4.
What is the objective of virtual trading?
Individuals who engage in paper trading, also known as virtual trading,
replicate stock trading for educational purposes. Investors can trade assets
without risking their own money, gaining experience and knowledge of different
trading tactics.