The interest rate level of German banks for example has been at a historic low for a period of time. For this reason, many private investors are looking for worthwhile alternatives for a profitable investment. The stock exchange still offers great opportunities.
However, for many beginners, it is relatively complex at the beginning and also involves a certain risk. Therefore, more and more investors are resorting to the option of stock market games in order to be able to get to know trading with stocks and certificates without risk. The concept of stock market games has been used by users for plenty of years. The idea behind the stock market games is to learn how to trade on the stock market in a playful way.
How do stock market games work?
But what exactly does the course of a stock market game look like? Basically, stock market games represent a simulation of the activities on the stock markets. A person or, in some cases, a team is given a fictitious sum to buy and sell shares. Then the task is to trade the shares in such a way as to increase the starting amount as much as possible. As a rule, you compete against other competitors who are also trying to maximize their fictitious capital. As a consequence, the stock market games are often tied to a time limit.
On the key date, all securities are then sold at the current market value. The participant with the highest capital then wins the stock market game. Since the capital to be invested is only fictitious money, there is no real risk for the game participants at any time.
A stock market game offers people with little experience in the field of the stock market the opportunity to trade in financial products and learn. Participants can test various investment strategies and at the end also win a prize. While only the virtual capital is lost in the event of a wrong decision in stock trading if you succeed you can sometimes win attractive profits such as a car, travel, or trading credit. In addition, taking part in a stock market game is usually free and suitable for both advanced traders and newbies.
In principle, the stock market games take place online, and registration is carried out in just a few steps. After you have successfully registered as a participant, a certain fictitious share portfolio with a corresponding fictitious credit is made available. You can then start trading and demonstrate your skills. As already mentioned, in the end, the participant with the highest deposit balance wins.
What is Alpha-Trader?
Alpha-Trader.com is a player-controlled financial market simulation in which the players can start, run and own businesses and trade in stocks of these companies and other securities. The players have a direct influence on the price of the securities through their trading. The game offers a self-sufficient market system that can be influenced by every player participating.
In contrast to some other stock market games, Alpha-Trader is a long-term game so you can play without any restrictions. The game is fully playable for free even though you could still buy gold access for some additional comfort. The game is open to everyone, schoolchildren, students, adults, and retirees. The game is available both on the game’s website and as an app in the play store in English or also in German.