Want to trade individual stocks? Don't want to risk your own money? Fantasy Stock Market games are a great way to practice investing and trading stocks. They give you free virtual money to build a portfolio. This way you gain experience and confidence without the risk. Then you can invest and trade with your own money.
Wall Street Survivor - This fantasy stock market game offers lots of options to learn how to invest. There are courses to take to teach you about every aspect of investing. The courses range from beginner level to advanced. This game gives you $100,000 free virtual money to play the stock market. There is a library of information for further education. You can form leagues to compete against your friends. Portfolios are ranked and you can see the top ranking players.
SmartStocks - This game gives you the largest virtual portfolio with $1 million. It provides various financial charts to track the performance of stocks in which you are investing. There is a learning center to gain more education on stocks. Plus, there is a section called "community" where you can interact with the other players. You can form groups with friends or other players to compete for the best highest returns. The top and bottom portfolios are displayed for you to compare and compete against.
Investopedia's Stock Simulator - Investopedia.com offers their own stock trading simulator. Here you can practice buying and selling stocks. Have a strategy you would like to try? Why not use the simulator before risking your money in the real stock market? The Investopedia site contains lots of investing information and a comprehensive investing dictionary.
Marketwatch's Virtual Stock Exchange Games - Marketwatch.com runs a variety of stock exchange games. Many are public although some are private. In fact, you can create your own game to play by yourself or with others. You can choose how much money you want to begin trading.
These games are probably better for someone a little more familiar with the stock market. Beginners may wish to start with one of the other fantasy games listed in this article. For the more experienced, Marketwatch's games allow you to test out a portfolio game and set your own basic rules. Teachers may find these games a good option for teaching about investing in their classrooms.
Piggybank Fantasy Stock Exchange Game - This is a game for children under sixteen years old. It can be used in conjunction with a school classroom program. Piggybank is a British based game so it trades with the London Stock Exchange. Children can keep some of their virtual money in their Piggybank savings account or buy shares of companies and trade them. There is a contest with the top prize being a 250 euros Hamley's voucher. Kids can even create their own games. This game is a great learning tool for children to become well-informed investors.
All of these games offer a convenient way to practice playing the stock market. You have lots of options to test out an investing strategy before investing with real money. Plus, they can provide hours of fun competing against your fellow investors.
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