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What is The Best Website in India to Run a Virtual Portfolio of Stocks for Learning Purposes?



When you are learning to trade, it's advised to not put your money in the market within the beginning itself, but rather, paper trade for some time.

But the question then asked is that paper trading may sound good within the beginning, but it doesn't provide the important experience of the available trading market. And thus, the success you get in paper trading isn't easily replicated in the real stock exchange.

This is where stock exchange simulators inherit the picture:

What is a stock simulator or virtual trading platform?

A stock exchange simulator may be a game like an approach for trading, where you trade using virtual money on real stocks.

It intensifies from maintaining the paper or excel journal that isn't ready to support the required details. A simulator helps you understand how the important stock exchange behaves and, therefore, the profitability of your trading strategy.

When you open an account with a stock simulator website, you're presented with a particular amount of virtual cash (Rs. 2,00,000 or more), which you'll use to buy/sell stocks within the simulated stock exchange.

The prices shown are mostly from delayed feed and thus are quite on the brink of reality.

Benefits of virtual stock simulator

• You get a sensible idea about buying, selling, and other mechanics of the stock exchange.

• You don't get to maintain the trading journal to calculate your profit or loss of paper trading.

• It helps you to practice & improve your trading strategy without losing money.

When used alongside reading about trading strategies, these stock exchange simulators help gain the specified experience and develop the required skills.

To affect the volatility and uncertainty of the stock exchange, you would like a well-tested trading strategy. This is often a basic requirement to form money from trading within the stock exchange.

When it involves the best, you've got the choice of the Neostox:

What is Neostox? 

Neostox is a simple, interactive and intelligent platform where you'll trade equities, futures and options in real time with virtual money.

When you log in, you're directed to your trading panel, where you've got the power to look at stocks, futures and options of your choice. You'll place orders with or without target profit and stop loss.

Neostox displays the particular prices of equities, futures and options once you place the order.

Features of Neostox:

Trade a professional in Neostox. Several excellent features of Neostox to assist you're making decisions easily.

The platform has been designed and developed to assist you in analyzing markets, gain insights and observe decisions in your trading.

All Equities/Futures/Options Are Available To Trade

You can search and add equities/futures/options of your choice in your favourite list, then trade easily with buy/sell options.

Real-Time Market Feed

The market feed is real (second by second). Due to this, all the P/L, taxes and fees are displayed in real time while the trades are active. No other platform shows these.

Measure Your Progress

You can view the progress as what percentage trades were successful, visited stop loss.

Market/Limit

All order types are available for you. Inspect our auto-limit orders feature here.

Auto-Limit Orders

A unique feature where you'll set the target price (in percentage), and therefore the time you would like to attend. E.g. you'll create a limit order by selecting the entry price 1% below the present running LTP and await 10 minutes. If the LTP doesn't reach your requested price, the system will automatically cancel the order. You'll re-order easily.

AI-Based Options Trader

If you're trading in options, finding the simplest options in terms of their volume or spread may be a daunting task. With Options traders, you only buy/sell, and therefore, the rest will be done by the AI working in the background.

• Choose the index/equity

• Choose monthly or weekly options to look at their movement.

• Set your investment as a percentage or fixed amount.

• Set the contract calculation as fixed or automatic.

• Set the order type as market/auto-limit.

• Set your target per cent.

• Set the stop-loss.

• Select the choices selection criteria.

• Now Buy/Sell, and therefore, the best options will be picked up for you.

• A revolutionary product.

Powerful Options Analyzer

If you're trading in options, the Options analyzer will offer you the real-time market movement of selected index/equity options.

• Choose monthly or weekly options to look at their movement.

• Excellent visual display of movement of CE/PE options in real-time.

• AI-based calculation of market movement.

• View within the Money or Out of the cash options for both CE/PE.

• View the spread for every option.

• Sort by Volume, LTP, buy/sell quantity or spread.

• A holistic view of how the choices under an index are performing to assist you in gaining insight into market movement and trade easily.

• Place buy/sell orders directly from the list.

Index/Equity Analyzer

If you wish to research the indices or the equities which are market movers/shakers, this tool is meant to assist you in analyzing to realize insights.

• Indices available are Nifty 50/ Nifty 100/ Nifty Midcap 50 / Nifty Midcap 100 / Bank Nifty

• View the segments under these indices.

• Performance of segments alongside their weightage.

• Drill right down to view the equities under each segment to look at their performance.

• Place buy/sell orders directly from the list.

• View the whole list of equities alongside their performance.

• Sort the list supported volume, buy/sell quantity, LTP, bid/ask price or spread.

Realtime Trade Progress Monitoring

When you enter into a trade, the system will show you the progress in realtime (if you're making a profit or loss). You'll see taxes, fees, and therefore the net P/L beat realtime real-time.

Dashboard/Day Wise Summary/Detailed Report

Real-time display of dashboard containing the number of trades, taxes, fees, gross and net income. Dashboard to assist you in analyzing your performance.

• View current day summary in real-time. Helps you analyze your performance.

• View the last 30 days summary.

• View day wise summary with a quick snapshot of several trades, P/L for every day of the last 180 days.

• Drill right down to a detailed report back to view the detail of every trade with investment, fee, taxes and P/L.

• Download report in excel.

So, now you get an idea about the Neostox. All you need to do is use it for the learning purpose and understand various aspects.
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