Stock Market Game 2.6

SIFMA FOUNDATION FOR INVESTOR EDUCATION – Freeware – iOS
out of 74 votes

The SIFMA Foundation's Stock Market Game (SMG) has been proven to have a positive impact on educational outcomes. Students who participate in the SMG program have shown better attendance, increased engagement and participation in class, and higher test scores, leading to improved academic performance.

A study conducted by the American Institutes for Research further confirms the educational benefits of the SMG program. The study found that students who participated in the Stock Market Game not only achieved higher academic performance but also developed a stronger understanding of financial knowledge and developed good saving and investing habits.

In addition to the traditional SMG student team portfolios, the SMG mobile app provides students with an enhanced learning experience. This app serves as a second screen tool and syncs with standard SMG portfolios, offering features such as current Account Summary, Pending Transactions, Transaction Notes, and market news updates. It also allows teams to look up ticker symbols and enter trades, further enhancing their engagement.

It is important to note that this app can only be accessed by registered users participating in an active SMG session.

Overview

Stock Market Game is a Freeware software in the category Education developed by SIFMA FOUNDATION FOR INVESTOR EDUCATION.

The latest version of Stock Market Game is 2.6, released on 09/06/2024. It was initially added to our database on 01/25/2024.

Stock Market Game runs on the following operating systems: iOS.

Users of Stock Market Game gave it a rating of 3 out of 5 stars.

Pros

Provides a hands-on learning experience about the stock market and investing.
Encourages critical thinking and strategic decision-making.
Includes comprehensive resources and materials for educators.
Designed to align with financial literacy standards in education.
Allows participants to simulate real-time trading with virtual currency.

Cons

May not accurately reflect real-world trading conditions and volatility.
Limited to specific time periods or sessions, which could constrain learning opportunities.
Requires internet access, which may be a barrier for some users.
Participants may not receive personalized feedback on their trading strategies.
The competition aspect could lead to an overemphasis on short-term profits rather than long-term investment strategies.

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