Well, lots of people compared stock trading with gambling. However, it’s not at all true. Gambling is entirely based on luck, whereas you need to be extremely sharp to trade in stocks. Furthermore, a few 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 those facts? Well, that is all because of experience. Stock trading needs a significant amount of upfront investment, which again turns down many users. Let’s say you are a beginner and want to invest a small amount, like $50 – $100. With this investment, you will be buying stocks that are safe to trade.
However, they won’t give satisfactory returns. The key thing here is to experiment with riskier stocks. However, on highly volatile stocks, you need to invest a huge amount. This is where stock market simulator apps come in; they let you invest pretend money in the stock market.
List of 10 Best Stock Market Simulator Apps
The stock market simulator app allows you to 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.
1. Trading Game
Trading Game is probably the best stock market, Bitcoin & Forex trading simulator available for Android smartphones. Guess what? Trading Game is entirely free to download & use, and it’s free from ads.
You might find this app very useful if you are a beginner in the stock, forex, and cryptocurrency world. It’s a trading game that offers a user-friendly forex trading knowledge guide with rich illustrations, pro-trading tips, and easy-to-implement stock market strategies.
This application, as its developer highlights, is available for free. Hence, this excellent application has no hidden subscription fees or integrated purchases, only some ads and nothing else.
Moreover, this app gets constant updates with real data from the stock market and makes them 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 simply helps you put your fictitious money in shares of companies or invest it in raw materials.
Stock Market: Virtual Trading is a paper trading app for Android that lets you paper trade on the share market with real-time data.
This is a stock simulator app that can help learners who are willing to invest in the share market for a short period.
The app allows simulation of the buying & selling of shares on more than 9000+ stocks listed across NSE, Nasdaq & NYSE, etc.
It is one of the leading information-providing apps on financial and stock markets. It offers you all the information about raw materials, forex (currencies), stocks, binary options, bonds, rates of volatility, etc.
You can customize your profile to know all your investments. And not only that even it also has more extensive analyses with graphics and breaking news. The difference marks the information in real-time of all these financial means to improve your investments.
5. BUX X
BUX is a well-known application to discover the financial markets straightforwardly so anyone can easily understand and analyze the market.
The most exciting thing about this application is that you can practice investments in real time with virtual money. Later, when you get enough experience, you can easily switch to real money anytime.
As the name of the app says, Forex Trading for BEGINNERS is a stock market simulator app for Android that one can use on Android. The app offers 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 forex trading basics, expert tips, and more.
Wall Street Magnate is also an excellent app for this purpose. The app is available for Android and iOS, so you can easily practice your skills without paying absolutely anything, as it is free.
But, one thing to remember is that this app only contains information from the US stock market, as almost most apps do. Hence, it is much more complicated to create an app of this type with IBEX 35 data.
Bitcoin Flip – Bitcoin Trading Simulator is a realistic simulation game from where you can learn about the cryptocurrency market in an easy and fun way.
Hence, there is no doubt that this awesome application is one of the best apps for beginners, as it simply allows you to buy and sell currencies without investing real money.
If you are a newbie to the investing game, you will find this app very useful. Investing Game is basically a trading simulator app that lets you learn how to trade on the market.
You can use it to test your skills, learn Forex, and understand all forex alerts. It’s a great app to have if you are looking for ways to develop your skills as a financial market trader.
Stock Market Simulator from nyxcore is the best app to learn and multiply your wealth and know the key points of stock trading. With this app, you can improve your marketing and investment strategy.
Overall, it’s a great Android app for mastering the game of stock market trading.
So, these are some of the best stock market simulator apps you can use on your Android smartphone. If you know of other such apps, let us know in the comment box below.