Virtual Stock Market, from Rahul Saraf and Rajat Gupta differ in a number of ways than similar stock market apps I’ve looked at in recent times. The first is that it’s $0.99, which is inexpensive as far as this genre of app goes. Virtual Stock Market also comes in a Lite version, which I didn’t try, because it appears to be similar to the paid version. The second is that you can compete against other stock pickers to see who’s top dog in the turf for stock-picking supremacy.
First, a quick run through about what this app does: Virtual Stock Market makes it possible for you to buy and sell stock and monitor your stocks throughout the day. You can determine which stocks to buy, quantities, prices, commissions and do nearly everything else you should be able to do in the real world.
Virtual Stock Market at $0.99, is cheap (and don’t forget the Lite version if you’re merely interested in seeing how well it works). AppCraver reviewed Stock Advisor recently selling at $19.99, for example. That one is not identical to Virtual Stock Market, but you get the idea.
What makes Virtual Stock Market unique is that you can compete against other players. Players? Compete? One of your goals is to turn $100,000 virtual cash, so VSM is actually a game but with real-world value. Your progress and that of your fellow players are charted on leaderboards and can also chat and push messages to friends and followers on Facebook and Twitter. That stuff is free to do.
Virtual Stock Market runs on a relatively new social platform called Open Feint, developed by Aurora Feint, publisher of the popular Feint apps. I wrote about Open Feint in February for AppCraver. Open Feint is a free platform for independent developers they can use to rapidly integrate player profiles, buddy lists, walls, news feeds and chat rooms into their games with no operations overhead.
Virtual Stock Market plays as well as similar apps I’ve tried, but it wouldn’t be high on my list, even at $0.99, but the reasons have more to do with personal preference than the app itself. I would prefer to play the stock market without actually playing it, so I’m not likely to use the social networking features much. I also don’t like the look of it. It could be prettier. Don’t take my word for it: Give Virtual Stock Market a try. You sure can’t beat the price.