Khelostocks.com is a “free” web based “virtual trading portal”. Khelostocks provides a real time trading environment with all the trading ingredients of a cash market segment such as Intra-day trade, Delivery trade, Margin trading, Limit and Market type orders, Transfer of intraday trade position to delivery.
Are these terms are alien to you ?
Don’t worry, Khelostocks has hosted a number of Trading Tutorials that help investors to learn the basics of trading. Khelostocks gives explanation to niche market terms that helps evolving investor to understand the market lingo. It also facilitates clients to ask their queries and doubts.
How it works:
Every client, on signing up, is provided with “virtual” one million rupees. Market data is streamed on a real time basis into the Khelostocks systems from National Stock Exchange (NSE) for 400 companies listed.
A user can place buy or sell order on both intraday and delivery basis in the Khelostocks trading systems using the virtual cash provided to him. Order can be placed at both limit and market rates. Now as the desired trading rate by the client is reached in the spot market his outstanding order is materialized and client becomes an owner or seller of the script as the case may be.
- As long as the order remains outstanding in the Khelostocks order book, corresponding margin is blocked for the Client. On buy trade, money is deducted from his cash assets and in case of a sell trade money is credited to his cash assets. Client’s net profit, loss and net assets are updated to his Account summary. Hence the client is playing with real time stock values and trading techniques but with virtual money.
Other Features:
- Khelostocks allows trading in top Indian stocks on the spot market rates.
- To help traders to make a head start, khelostocks provide them with daily Market Outlook and intraday as well as delivery based Stock Tips.
- gives easy to use Streamer, Get Quotes and Stocks Calls facility.
- gives explanation to niche market terms that helps evolving investor to understand the market lingo. It also facilitates clients to ask their queries and doubts.
- has an exclusive News Room that provides the latest business and market news from various sources at one place.
- provides a unique investor forum which is an exclusive platform for traders to exchange views and explore new strategies.
About the founders of KheloStocks:
Khelostocks.com has been developed by group of three guys: Akhil, Sameer and Vivek. All three of them are IIT Delhi Grads working in the software industry and developing khelostocks in their free time. They seem to have lot of plans for khelostocks and are looking for funding as well. Contact them
Manish
2 years ago
Good site indeed.They have done a good job by letting people test their trading acumen and not just jump in the madness which is making people loose more in terms of tension etc then real monetory gain. Stocks trading is not for everybody although people can be investors. Even then its is very important to learn which most people don’t concentrate on. People just rely blidly on moneycontrol tips. Khelostocks is doing good job by educating people.
moneyvidya
1 year ago
While Khelostocks has been around for a while, and has probably gotten a substantial amount of feedback in terms of improving its user interface/look and feel, it doesn’t seem to have responded. This is probably due to one of four reasons:
1. They’ve (the founders) given up / they’re no longer interested this as a business
2. It being built part time
3. They’re already getting enough people despite their flaws
4. They don’t read feedback
Given all of these, I think that there’s still room for a credible social investing site in India. Check out my post on this subject here: http://www.moneyvidya.com/blog/?p=237
Gautam Kshatriya
gautam.kshatriya@moneyvidya.com
http://www.moneyvidya.com
Rony
11 months ago
The FourStocks community is founded on a strong belief in transparency and in putting one’s money where one’s mouth is. This emphasis on transparency and testing one’s ideas in the form of concrete stock picks, helps investors get over some of the more self-destructive biases exhibited by humans (and monkeys!) on stock markets.
How to participate? It is a simple process:
1) Register (http://www.fourstocks.com/register) – it’s a simple form. Then login.
2) Make picks. You need a minimum of four active picks to be an active member on FourStocks.
3) Follow picks (http://www.fourstocks.com/latest-picks) and comments of other investors.
4) Use the (http://www.fourstocks.com/players) Leader board and (http://www.fourstocks.com/stocks)Stock Ratings to help yourself to better stock ideas.
For more Information log on to: http://www.fourstocks.com