Well, a lot of people have compared stock trading to gambling. However, that is not at all true. The game is all about luck, whereas you have to be extremely sharp to trade stocks. Little research shows that only 5 out of 100 users win the stock trade at the end of the day.
Have you ever wondered what could be the possible reason behind these facts? Well, all because of experience. Trading in stocks requires a large initial investment, which again turns many users away. Let’s say you are a newbie and want to invest a small amount like $ 50- $ 100. With this investment, you will buy stocks that can be traded safely.
However, they will not give satisfactory returns. The main thing here is to experiment with riskier stocks. However, in stocks with high volatility, you need to invest a lot. This is where stock market simulation applications come in; they allow you to invest fictitious money in the stock market.
List of Top 10 Stock Market Simulation App
With the stock market simulator app, you can trade stocks using virtual money. So, in this article, we will share a list of the best Android stock simulator apps to trade stocks using virtual money.
Trading Game is arguably the best stock, Bitcoin, and Forex trading simulator available for Android smartphones. Guess what? Trading Game is completely free to download and use, and it is ad-free.
If you are a newbie to the world of stocks, forex, and cryptocurrency, you might find this app very useful. It’s a trading game that features a user-friendly forex trading knowledge guide with rich illustrations, pro-trading tips, and easy-to-implement stock strategies.
Stock Trainer: Virtual Trading (Stock Markets)
This application, as its developer points out, is available for free. Hence, this great app has no hidden subscription fees or in-app purchases, just a few ads and nothing else.
In addition, this app receives constant updates with real stock market data and makes it available on Android. So you can practice what it would be like to invest in the stock market from the mobile as if it were a game; hence, it just helps you to put your fictitious money in stocks of companies or invest it in commodities.
Well, TradeHero is little more than a stock market simulator app. It is a revolutionary social investing app that connects traders and allows them to share their knowledge and trading strategies with others.
It doesn’t matter if you are a beginner or an expert; TradeHero has something for all levels. It has a virtual trading platform which offers you a 100K USB stick. You can use this virtual amount to improve your trading knowledge and test your skills before participating in the real game.
It is one of the main financial and stock market information applications. It offers you all the information on commodities, forex (currencies), stocks, binary options, bonds, volatility rates, etc.
You can customize your profile to know all your investments. And not only that, even it also has more in-depth analysis with charts and breaking news. The difference marks the real-time information of all these financial means to improve your investments.
BUX is a well-known application for discovering financial markets in an easy way so that anyone can easily understand and analyze the market.
The most exciting thing about this app is that you can make real time investments with virtual money. Later, when you have enough experience, you can easily switch to real money at any time.
Forex Trading for BEGINNERS
As the name of the app suggests, Forex Trading for BEGINNERS is a stock market simulation app for Android that can be used on Android. The app offers you interesting illustrations, quiz games and trading strategies to improve your trading skills.
The latest version of Forex Trading for BEGINNERS also supports Bitcoin trading and shows you the basics of forex trading, expert advice, and more.
Wall Street tycoon
Wall Street Magnate is also a great app for this purpose. The app is available for Android and iOS, so you can easily practice your skills without having to pay absolutely anything, as it is available for free.
But, one thing to keep in mind that this app only contains information from the US stock market, as almost the maximum number of apps do. Therefore, it is much more complicated to create such an application with IBEX 35 data.
Bitcoin Flip – Bitcoin Trading Simulator
Bitcoin Flip – Bitcoin Trading Simulator is a realistic simulation game from which you can learn more about the cryptocurrency market in an easy and fun way.
Hence, there is no doubt that this awesome app is one of the best apps for beginners because it just allows you to buy and sell currencies without investing real money.
Stock market simulator
Stock Market Simulator provides all the information about the financial market that beginners can use to simply develop their knowledge and new strategies on this subject.
Like all other apps, Stock Market Simulator provides you with virtual money to trade thousands of world class companies. The app is great for testing new strategies and improving existing trading skills.
Stock market simulator from nyxcore
Stock Market Simulator from nyxcore is the best app to learn and multiply your wealth and know the key points of stock trading. As with this app, you can improve your marketing and investing strategy.
Overall, this is a great Android app for mastering the game of stock trading.