Category | Price | Seller | Device |
---|---|---|---|
Finance | Free | Peter Kramer | iPhone, iPad, iPod |
Beat the Market is a portfolio emulator that uses real-time real-market data to let you create a virtual portfolio of real assets and compare your virtual portfolio's return to the S&P500 and other users
* start with $100,000 virtual cash
* buy a portfolio of listed stocks, bonds, ETFs and mutual funds
* accepts many different buy orders: market order, market-on-open order, limit buy order, stop buy order (Screenshots 3,4)
* shows real time value of portfolio assets (Screenshot 2)
* allows the use of a proxy asset to approximate the intra-day gain/loss of any asset that does not trade during the day
* credits portfolio with dividends and splits
* plots daily portfolio value against S&P500 (Screenshot 1)
* calculates portfolio beta and alpha
* compares return and alpha to S&P500 (Screenshot 5)
* compares return and alpha to other users (requires iOS8)
Creating a portfolio of assets with your $100,000 is free.
Selling Assets: Beat the Market will also allow you to sell any asset to increase your cash position or to buy different assets. Selling requires a commission 'Token'. Tokens are available as an In-App Purchase. Purchased Tokens can be transferred to any nearby iOS device.
* accepts many different sell orders: market order, market-on-open order, limit sell order, stop sell order
I like the overall format, but would help if there were the stocks available to be traded listed.
I wish all my trader friends would try this and see if they can Beat The Market. This lets you place all the standard trades (market open, limit, stop, on the market) against any stock on almost any public market. And it keeps track of dividends. Then it shows the result of your portfolio and ranks it against the market - both return and (beta adjusted) alpha. There should be weekly betting pools around this app at all trading desks - but based on alpha not return!
It updates as it says it will and is a real gun simulation. I would recommend it for folks who want to test their luck without losing real money. Keep up the good work. Can't wait for the finished product.
Excellent app/game, but on the newest iOS update the app crashes immediately upon opening. Can the developers please help and fix this so I can get back to beating the market?
A great experience to see if you really can ‘beat the market’ or whether you should just invest in SPY. You start with $100k and invest it in any stock listed on any exchange (US and ex-US). Your portfolio goes up (or down) and you get to compare your portfolio value/return against the market and all other players. It takes stop and limit orders, pays dividends and handles splits - it’s real! It’s also free (until you decide to sell).
This game is 1, confusing, and 2 pay to win! When I see a free game, I assume it's actually free, but no, I was wrong. This game lets you buy, but when you go to sell, you have to pay REAL MONEY. Meaning in-app purchase to get "tokens". After playing for about and hour I can solidl recommend NO ONE get this game. If there were 0 stars, that is what I would give it.
Waste of time. Can’t play the game without buying “tokens” - if you read their documentation first, you’ll discover that buying stocks with play money is free, but to sell a stinker you have to buy IAP tokens. No thanks, plenty of free paper trading websites and apps out there.