Khelostocks, the premier stocks gaming and investor education website in India, has released its private gaming framework which can be used by colleges across India to organize online stock trading contest for free.
First phase of this framework was released in December last year and was an instant hit with colleges. Till date it has been used by over twenty five institutes to organize virtual stocks trading game in their business and technical festivals. Prominent names include XLRI, IIM Kozhikode, IIT Kanpur, IIT Delhi, IIT Roorkee, IT-BHU and IMT Dubai. As per Akhil Bansal, co-founder Khelostocks, “The response from colleges was overwhelming. There were times when the requests were so high that the team worked 24*7 to set up the game for festivals, and yet had to turn down a few colleges.”
“Nobody likes to turn down customers and at Khelostocks we hate it more than anybody. Therefore the recent upgrade to the framework makes the whole contest organization process much more automated and student driven. No need to contact Khelostocks team or take permission from anybody. If you are ready you can do it. ”, says Ravi Goel, another member of the Khelostocks team.
Now organizers can create their own contest with chosen dates, names, contest banners and descriptions. Khelostocks’ system creates an exclusive custom page for each contest which carries necessary contest information, contest banner, list of top performers and relevant market information. Participants can register and login from here and start trading. Not only this, organizers have full control over altering content of this page and contest attributes. System evaluates performance of player of each contest separately and publishes it on contest page. Organizers are also sent daily contest winner information. This new platform also gives the existing users a flexibility to join multiple contests without creating new login account for each one. “Our effort has been to put the user in the driving seat. They can have their contest instantly, whenever they want. And it’s not just limited to schools, colleges or institutions. You can have your own hostel, class or galli contest.” explains Bansal.
Khelostocks provides a comprehensive platform for budding investors where they can experience real time stocks trading at zero risk and zero cost. Here investors can read tutorials, glossary, investment ideas, daily market reports and interact with fellow members to exchange trading ideas and refine trading techniques.
Khelostocks trading platform supports virtual trading in more than 600 scrip listed on NSE. Trader can do day, delivery and margin trading, maintain portfolio and evaluate their performance against other players.