'The Trading Game' App Makes Stocks and Forex Trading More Enjoyable
Michael Hemsworth — March 2, 2018 — Tech
References: financeillustrated & betalist
Stocks and Forex trading can be somewhat dull for some, so 'The Trading Game' app is positioned as a simple solution that will help to make the process far more enjoyable for users.
The app works by creating simulations that are based on real-time rates on things like cryptocurrencies, various stocks, oil, gold and beyond. Users can trade and invest to effectively learn from doing rather than using their real money to partake in risky ventures.
A rising number of consumers are taking investments into their own hands to eliminate the need for a stock broker and maintain a stronger sense of control over their portfolio. This is seeing the need for new solutions like 'The Trading Game' app to help teach the basics and help users explore their financial curiosities.
The app works by creating simulations that are based on real-time rates on things like cryptocurrencies, various stocks, oil, gold and beyond. Users can trade and invest to effectively learn from doing rather than using their real money to partake in risky ventures.
A rising number of consumers are taking investments into their own hands to eliminate the need for a stock broker and maintain a stronger sense of control over their portfolio. This is seeing the need for new solutions like 'The Trading Game' app to help teach the basics and help users explore their financial curiosities.
Trend Themes
1. Gamified Trading Apps - Gamification of trading apps is on the rise to make stock and forex trading more enjoyable and approachable for users.
2. Simulated Investment Platforms - Simulated investment platforms that allow users to trade and invest without risk are becoming increasingly popular.
3. DIY Investing - More consumers are turning to DIY investing, creating opportunities for innovative financial education solutions.
Industry Implications
1. Finance Technology (fintech) - Fintech companies can use gamification and simulation to create engaging investment platforms for novice investors.
2. Education Technology (edtech) - Edtech companies can develop interactive financial education solutions to help users gain the skills and knowledge necessary to manage their finances effectively.
3. Gaming - Gaming companies can explore the potential of incorporating real-world financial principles into games in a fun and engaging way.
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