TrakInvest is an online virtual trading platform where users make trades with dummy cash but are armed with real trading information and hone their trading skills without the risk associated with the activity.
The service, apart from letting users trade, provides them with detailed analytics on their performance which can be used to showcase their skill in trading. It also allows them to ‘trak’ high performing traders to learn more. There are several users at present on the platform with a good share of student population. However, it is not just for students. For the student segment, the benefits are obvious but the broker community and retail users are also present on the platform. Brokers can maintain a shadow profile. They can then ask clients, who are sitting on the fence, to follow their account and see for themselves the value they create in their trades. Retail users can use this to learn and to stand out when it comes to talent identification.
Image for representative purpose only
What separates it from other virtual trading platforms is its insistence on real profiles rather than anonymous ones and access to high quality research and analysis. Students don’t get the benefit from their demonstrated trading activity and skill unless their profiles are real so there is a built-in incentive for them to provide accurate information. Some of these users have gone on to secure internships with firms like Religare and Reuters which are also TrakInvest’s partners and provide it with research data.
The portal conducts contests to spur more activity and to identify talented individuals.
India’s First Virtual Stock Trading Reality Show
TrakInvest has come up with India’s First Virtual Stock Trading Reality Show with the name ‘The TrakInvest Show’.
No matter which part of nation users are from, they can participate to build a winning portfolio. It really doesn’t matter if you are a novice with limited understanding of stocks or an expert who lives a d breathes stock market, TrakInvest invites you to join the challenge and compete with hundreds of participants such as students, professionals and homemakers.
The challenge will be held with virtual money wherein every user gets INR 50 lakh of virtual cash on signup.
How can you Participate?
This challenge will be held across two rounds – The Qualifiers and the Final Competition. For more information log on to: http://blog.trakinvest.com/the-trakinvest-show/
Sign up is free. You can do it here: https://app.trakinvest.com/signUp