The stock market simulator, operated by Investopedia, simulates the real stock market
and provides up to date stock quotes on companies listed on any of the exchanges. This is a
simple, easy-to-use program that imitates the real life workings of the stock market, but as a
standard features in this type of simulators, there is a 20-minute delay of feedback from the real
stock exchange. That is, with delayed data, a quote one gets during the time when the market is
open actually reflects the price of the stock 20 minutes ago. In the training program, the
simulator can provide users real trading experience by providing a virtual amount of $100,000.00
to start a portfolio. Just like real online brokers, the Investopedia Online Simulator also charges
commissions. These charges can significantly affect an investor’s bottom line, and including
these in simulated trading helps users learn to factor these costs in when making purchasing
decisions. Specifically, the commission is $19.99 for any (regular) market order which we will