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Smartest Paper Trading Platform, with 100% Real Trading Experience - Neostox

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September 28, 2022 14:21 IST
Trading

Learn from Mistakes, But don’t now Burn for Mistakes in Stock Trading

Investing in stocks can be risky at times. Yes, stock trading is famous for providing higher returns than many other traditional investment products. However, with higher returns come greater risks. It is not uncommon that even seasoned investors sometimes end up losing their money in the stock market.

Wait! Wait! If you are someone who is looking for an opportunity to start trading in stocks and have already made up your mind to quit after reading up until now, here is a solution for you. Neostox is a one-of-its-kind platform that offers both first-time and seasoned trader a unique opportunity to hone their stock market trading skills without the risk of losing any real money.

Sounds interesting, isn't it? Neostox is a new-age startup that was introduced in January 2021 to allow investors, especially beginners, to develop and enhance their stock trading skills in a risk-free manner. Within a brief period of time, the platform has witnessed more than 1 million registered users, with more than 80% of the registered individuals practicing actively.

Still not clear what Neostox really is? Here is how Neostox works. First, Neostox offers a real-time trading simulation platform. The platform lets users trade in the stock market with virtual money with 100% real market experience. Where user can practice in Equities, Options, Futures and Commodities

Yes! You heard it right. There is no real money involved when you try your hands on trading. Instead, you get to use virtual money. As a result, the platform is totally risk-free. One can just register on the website and immediately get virtual cash worth Rs. 10 lakh to start practising trading in real time. On Neostox, one can earn up to Rs. 1 crore virtual cash. Anyone can trade in the stock market with stock price movements, indices and buy/sell transactions without any risk of losing their hard-earned money.

"With Neostox, we have tried to provide both new comers and seasoned investors and traders, the opportunity of practising trading in real-time with no real money involved," says Rajesh Dua, CEO & Co-founder of Neostox. “We have noticed that people often neglect an excellent investment product like stocks just because they are afraid of the market's volatility. So, we have tried to create a platform where they can enhance their trading skills through hands-on experience. People can just use virtual money, trade, and get confidence to explore the world of stocks," adds Dua.

As a matter of fact, the simulation platform resembles the interface of any real broking firm. Its features include putting in a market or limit orders, adding a stop loss, and choosing between intraday or delivery options. It also has tools to analyze trends in the derivatives and cash segments. Users can also view their active positions, pending orders, and the day's history.

Neostox is currently planning to launch Version 2.0 of the platform. It will offer more features, including back-testing mechanisms and advanced analytics.

With an average registration rate of 5000 per day and more than 12 lakh transactions every day, Neostox is all set to make first-time investors stock market-ready.

 

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