Stock simulators provide paper trading environments where users can practice investing strategies without financial risk. These platforms use real market data, simulate trading fees, and track portfolio performance to help users build confidence and test strategies before investing real money.

Revenue from premium subscriptions ($5-15/month) offering advanced features like options trading simulation, real-time data, and detailed analytics. Additional income from educational content bundles, competition entry fees, and partnerships with online brokerages offering special promotions to graduates.

• Simulator-to-Real Conversion

  Percentage of users who open real trading accounts

• Strategy Win Rate

  Average profitability of simulated portfolios

• Engagement Duration

  Average time users spend actively trading in simulation

Investopedia Simulator, Wall Street Survivor, MarketWatch Virtual Stock Exchange