Most of us have a couple of games installed on our smartphones that help us kill time. However, if you want to go beyond the usual games, you should consider trading stocks. We are by no means suggesting that you take out a second mortgage to pump those funds into the FTSE 100, but instead you can try your hand at a share trading simulation program to better understand how the financial system works.
After all, this strategy is much better in the long run than investing your entire salary in Bitcoin.
App developers are currently focused on creating exciting games that allow you to trade virtual money. It's almost like having a pocket Gordon Gekko.
“A person who enjoys playing a computer game can feel a similar experience when trading the stock market,” said Kam Star, founder and managing director of development studio PlayGen. “Developers are starting to realize that games are played by different people, with different desires and motivations.”
Here is a selection of the five best, in our opinion, trading games for your smartphone:
1. Bux
This application is available on both iOS and Android. When you log in, you get 1000 Bux and the opportunity to trade with many famous companies, such as Amazon or Facebook.
The application receives data from stock market performance. Once you feel like you've got the hang of using the app, try depositing some real money. However, this is not necessary. A virtual wolf from virtual Wall Street also sounds good.
2. Stock Wars: Virtual Investing
This is one of the most serious projects that aims to provide clear data. With this application, you can create and manage your virtual portfolio and place orders in real time.
The application has many functions. You can analyze your shopping history or create personal shopping groups to compete with friends. Currently available only for iOS
3. Invstr
Along with placing virtual orders on the stock market, this app also offers a news feed with the latest financial information. You can also use it to chat on social forums where stock trading is discussed.
These apps are free for both iOS and Android, however, most additional information and features require additional payment.. That is, only a set of the most basic functions is provided for free.
4. Best Brokers
This stock game offers real-time trading of over 60,000 stocks, including Bitcoin and Ethereum cryptocurrencies.
The player starts with 25,000 in his account. The goal of the game is to develop and create your own investment portfolio. You can look at weekly, monthly, and even yearly time frames to learn more about the performance of your investments.
This app also has a built-in news feed that keeps users updated on the latest developments in the world of finance. Currently only for iOS is available.
5. Stocks$Forex Trading Game
Don't let the picture of Donald Trump scare you away, as this app truly is a reliable guide to the world of trading.
You can challenge your friends to compete against each other and trade in markets around the world. The game features cartoon characters to make it more accessible, as well as quizzes to help you learn the basics of trading.
The game also features tips from professional traders. Spend a couple of weeks playing it and you can become a real financial ace. (unless, of course, you get tired of intrusive Forex advertising)
This application is available for iOS, and for Android.
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