Are you among those eager to make a quick buck yet have not yet taken a step forward just because you fear risking your valuable money? Here is your chance to have a hands on real market with virtual money and learn about do’s and don’t of the market.
Yes, we are talking about iTrade, an app powered by NerdTrade. Having a first look at application you will find that its quiet complicated. Its pretty sad to know that there is no tutorials available within app for learning about basics of stock market. For those who have no knowledge about Stock Market would have to hover around on the web looking for the terms and terminologies used in trading. Yet ones you get along it gives a real time experience of trading.
The key features of iTrade are:
- Manage a $100K virtual stock portfolio
- Compete with up-to-date information about other members
- Directly compete in your own private leaderboard in trading Clubs with friends, family, and co-workers!
- Search for and obtain stock listings with ease
- View the Hot-Stocks area, helping new traders find stocks currently trading in high volume
- Trade with near real time quotes to combat cheating and make a more realistic experience
- research stocks using up-to-date news and detailed history graphs
- Interact with fellow iTraders through the embedded forums right within iTrade or in your browser
- Gain experience and knowledge about trading on the stock market
- Use iTrade's intuitive controls designed specifically for the iPhone interface, making managing your portfolio simple and engaging
- Get amazingly efficient, optimized real-time graphs, news and detailed stock info.
The amazing thing about this is that the app simulates trading with stock broker, including virtual brokerage fees. Trades are executed only during trading hours of NYSE.
What I loved about iTrade??
I was long interested in Stock market and this app gives me enough to look about and learn in real time environment. It has a leader board to look out and compete with the people across the world and with its own customize option you can look out for who is leading within your group, family or friends.
What I found missing??
I stay in India, and its obvious that trading hours of NYSE fall in the midnight of IST time. I wonder if NerdTrade would take a step forward and create an app that would work with the other Stock Markets as well. The last release was about a year ago. A little bit of disgust to here but business strategy in Stock market don’t of change so not a big thing to worry about.
For you iPhone only!!Well the good news is this app is free. So what you need to worry about is the space that it would occupy in your memory. Luckily since its an online app it takes up just 2.5Mb of space. Since its about live updates, Internet access is mandatory. The last version of the app was 1.0.5 launched on July 27, 2010. Which is quiet a sad part of it. We wonder if the latest release is somewhere near. Comes with a retina display compatible.
iTrade is available for Download.
The verdict!!
I found the app pretty appreciable. I would suggest you to give it a try. If you fancy having a topic to talk around about business with your friends, you will love it. Its rated quiet good with 3 stars. It deserves at least 3.5 according to me, because its really good app from both technical and user side. Happy Trading.
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