Are you a newbie stock investor looking for ways to Learn Stock Market in your country? A good way to go about this is using apps (there are a number of apps out there dedicated to helping people learn how to invest).
There are many such apps out there, this article will help filter out only the top five best apps to learn about the stock market. But before we go into that, let’s first look at what the stock market really means.
When we talk about the stock market ( also referred to as the equity market), we are talking about a place where publicly listed companies stock is bought and sold (Shares or stock is a portion of a company’s ownership).
Read also: Best Crypto Wallets to Use and their Types
Here is what I mean, A wants to sell his shares, while B is looking for similar shares to buy, the stock market helps B find A. All transactions are carried out on the market, three are also brokers who help mediate in transactions.
Today most transactions are carried out online, this brings us to the best to learning app.
The stock market is a very complex one, there are a lot of twists and turns, before you invest a dime, it is important that you learn what stock investment entails.
That’s why a good stock market learning app would go a long way in determining how successful your trade is going to be. Learning from apps is good because you learn as you go, here are 5 great apps available for learning the stock market.
MyWallSt comes at the top of my list because it was designed to be user friendly and can be used by both android and iOS. The only downside to this app is that it centers on teaching users how to trade in the US market, so investors from other countries may feel out of place.
The app will help users become experts with ease and within a short period of time. The MyWallSt team did a good job creating unique and comprehensive courses for users. MyWallSt has a total of 40 lessons all centered on teaching you how to invest and trade.
The best part of using MyWallSt is that the courses are available in audio version for users who learn better listening rather than reading. All courses are under 1 minute.
After taking the 40 courses, investing in the stock market would become easier. This stock market simulation app was designed by professionals and its lessons were certainly compiled by a team of seasoned traders who have years of experience trading.
If you know absolutely nothing about stock market trading, then this might just be a good place to start.
This app was designed to teach users from the most essential bits of trading. It helps users learn the trading basics, investment guide and market technical analysis.
The best part of using this app is that you get all these for free. Some topics to expect are; What are Stocks? Trading Stocks, How Stocks Trade, and many more. You will also learn about the different types of stock, the list goes on.
What really made this stock exchange game app stand out is the fact that even if you know absolutely nothing about trading, this app will help you learn from scratch. The app has a step by step guide that makes trading relatively easy for first timers.
If you are looking for an app that offers efficiency, Stock Trainer should be at the top of your list. It tries to give users a feel of real life trading by making use of original business sectors and their data, this will make it easy for you transeed into real trading.
Get experience of real life exchange with the market test system feature, it will come in handy when you start trading.
Although Stock Trainer was originally built as a test system, it has a lot of information that will guide you from being a novice trader into a pro.
Some of the amazing features that comes with Stock Trainer include, 20 world stock markets supported, Support for Stop-loss and Limit orders, Portfolio and Watchlist management, Top gainers and top losers information provided, Beautiful stock charts dating back to 10+ years, Zoom option for stock charts, Extensive stock news, Business magazine, Account summary with great looking graphics, Support for multiple themes, including Night theme. Stock Trainer is one of the best stock market learning apps.
This application for stock trading practise is exactly what you need if you are looking for a place to build and practice your trading strategy. It is also a nice place for newbie traders to start trading.
If you find learning about the stock market interesting, or you want to know more about day trading and general stock investment, this might just be theapp for you.
StockMarketSim is a very simple app that teaches users everything they need to know about stock. It is a virtual stock market game. That’s not all, the best part of this app is that it allows users to learn about the security exchange, and try out their different exchange strategy.
StockMarketSim centers on teaching traders how to learn, this means apart from randomly making traders with fake money, you also have access to educational resources that will help boost your trading skills. It is a platform that allows you to learn and place in a simulated market.
The platform’s interface is easy to navigate by even a first-timer, this makes it one of the most user friendly apps to learn stock exchange.
The app Investmate offers users a lot, especially amateur traders. The app contains courses, tests for users to try their knowledge, tips, glossary, and more.
All this put into one app will make learning about the stock market easy, even if you are an amature. Pro traders will also find it useful, especially the tips that it offers. Inverstmate is designed for all types of users.
Are you looking for the perfect practise app for stock market? Then Investmate might just be what you need. It has been around for a while and has serviced thousands of traders who want to build their trading strategy at no cost.
It would be crazy if you threw away your retirement money on stock. The market is risky because it is volatile. You cannot just jump into trades without learning.
There are two ways to learn, first is through research, then through simulation platforms. Learning with simulators is better because it allows you to learn and experiment at the same time.
Learning with a simulator app will allow you to play with the market and yet not lose your fund. It also gives you access to numerous educational resources that will help you improve the way you trade.
So if you are looking for the best android stock market game, or apple stock market game, consider picking one of the apps listed above.
- I'm a professional digital marketer with over 7 years of experience in the field. I create well researched content related to finance, cryptocurrency, stocks, forex and metaverse related articles.
- TokensJanuary 13, 2024Set a High Credit Score in the New Year
- BusinessDecember 25, 2023Maximizing Efficiency: How Online Payroll Benefits Small Businesses
- Credit UnionsNovember 30, 2023How Credit Union Personal Financial Management Tools Can Help You Save Money
- Credit UnionsNovember 24, 2023Credit Union Auto Insurance: Benefits, Coverage, and Choosing the Right Policy