The ranking page also allows you to see exactly where you stand versus your peers overall, within specific sectors, and gives a daily ranking on top of the overall ranking. We do not think we could ask for more from a stock market game.
Trading Kart is an easy to use website that has everything we need, without distracting tools that encourage bad investing behavior. How the Market Works is an interesting stock market game that is a little bit different to most on this list. This website has its positives but also has some downfalls which unfortunately take it down a few spots on our list.
Starting with the positives, there is a plethora of great information on this website and much of it is valuable to fundamental investing and finance. There are also great teacher resources if this website is being used for educational purposes and it includes everything from webinars to lesson plans.
We also saw a section for job and internship searches which is phenomenal. How the Market works differentiates between beginner tools and advanced tools so that those who already have some base knowledge can still participate and learn without feeling like their information was oversimplified. Compared to Wall Street Survivor, the information contained on How the Market Works seems better put together and easier to understand without being too simple. This website also has good, and complete, company information but does fall short of TradingKart because the information is spread across multiple pages which must be navigated, whereas TradingKart found a simple and clean way to put all the information beautifully on to one page.
Despite having a ton of great information and very good trading tools, there are some negatives that make How the Market Works slightly less impressive than TradingKart. The website, much like Wall Street Survivor, is overly busy and there are too many windows to navigate across.
Much like some of the other sites on here, there are advertisements on the site which knock it down a notch. There is also a longer and more difficult sign-up process. Wall Street Survivor has been around for years and is a great game for anyone looking to learn stock market finance. There are so many tools on this website that anyone can learn, but that comes with the drawback of being slightly overwhelming. However, there are definitely more positives than negatives.
Wall Street Survivor offers easy to use trading tools and though the emphasis of this article is stocks, they also offer options and crypto currencies. The competitions in Wall Street Survivor are done very well and can be compared to fantasy sports in the sense that leagues can be created to compete against friends or random individuals. There are also cash-prizes offered for some of the competitions which encourage more life-like trading behaviors.
The trading tools within this website are up there with the best. However, the rest of this website can be a bit divisive.
The design of the website is quite eclectic and there is information scattered everywhere, albeit plenty of good information, but not concise and well located. However, the research tools here may be the most divisive.
There is plenty of information contained on Wall Street Survivor, comparable to any other stock market games available online but much of this information is awkward and either oversimplified or not effective. Wall Street Survivor offers courses and many of them are too long and overly simple for anyone to stay interested enough to learn anything of value.
There is also a large amount of empty data. Whereas Trading Kart has all of the financial information for every stock, many of the ratios, growth rates, and company information are missing on Wall Street Survivor, an issue that needs fixing.
Most stocks have analyst ratings , but since analysts are paid to work on specific stocks, this information can often be misleading and does not encourage proper research using fundamental financial information. The website has other minor issues as well. The home page is very scattered and it can be difficult to focus on what is important. There are also advertisements all over the page which can be distracting. However, ultimately, the majority of the information Wall Street Survivor is good, sound information.
It is simple to make trades and there are a lot of great tools to use, even if they are difficult to find.
Investopedia is a great website for learning simple finance and their stock market simulator reflects their goal of teaching the basics, now specifically related to stock market finance, trading, and investing. The sign-up process is relatively easy and the interface is easy to navigate. However, the website has several features that we consider unnecessary or cumbersome.
The trading awards encourage things such as day-trading, penny stock trading, and buying on margin which may encourage unhealthy investing behaviors. There is also a messaging application but rather than messaging other beginners, it would be more worthwhile for users to utilize professionals or chat through Stocktwits. Now we get into a really fun portion of this article — because not only can you take a group of kids or students through a stock market simulation…but you can also lead them through an investment competition with prizes!
No previous investment experience necessary. Up to 10 teams per school, and kids per team. Another option is to simulate the stock market for them in short bursts through stock market board games. Investment board games for kids and investment games for students include:.
I like how kids start off with an asset in this game, and how kid-friendly the investing opportunities are as they choose how to build their portfolio. Students are also thrown situations as the game progresses, such as bubble bursts. The player with the most cash at the end, wins. I'll be adding to this list as I find additional free stock market games for students and other fun resources to make learning and teaching how to invest a fun process.
The following two tabs change content below. Bio Latest Posts. The ten top performing teams of the teams that competed this year were eligible for the Portfolio Challenge. For this leg of the competition, the students were judged on how they presented their investment strategy, portfolio results, and key learnings, not how much money they made.
My initial reaction to the Stock Market Game is that it teaches kids more about gambling than investing. After transaction costs are taken into account, the most prudent way to invest is to spread your investment risk as much as possible by creating a globally diversified portfolio with low cost mutual funds.
But I was curious to see what the students would have to say about their experience, so I agreed to be a judge — and learned an important lesson along the way.
Most of the teams did exactly what many individual investors do — they bought what they know.
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