The platform that is called neostox is a good paper trading platform that will help to trade the best equities and also there are options that can be helpful to win the virtual money ahead. Registration is instant. Then the process of trading will start very easily and that will happen with all kinds of margins that are present.
Neostox is a platform that will have a sum of Rs 1000000 that is mostly the virtual money and the trade value has to be within it. Suppose, we assume the intra day trades that are present and neostox will note that there are no particular margins present. So the margin value stands for hundred percent for the trades that will take place. If you sell one nifty that takes place in January 13850 then the details will be present on the dashboard.
About the founder and the process
There are the people who are founder and the co-founder of neostock. One is Rajesh Dua and the other is Sudhir Singh who is the investor. There are more than 1,773,982 visits that happen on a monthly basis and the growth rate has increased to twenty four percent. It was founded on Jan 18 in the year 2022 and has headquarters that are located in the Greater Philadelphia Area that is found in the South of the United States.
If the nifty at that time was moving around the time of 13850 level then you will only have to pay twenty five percent of the total trade value that will take place. Suppose neostox has invested rupees 152280 for the trading business then the market price will stand at Rs 42.95. The net profit at the end will stand to be 322.70 rupees. The trades are calculated at day end because that helps the users to get clear information on the site that is mostly present. You just have to go and login using the mobile number that you have and then you will have to give the access pin.
You will get an option to check on buying and selling and there you can easily make your selection. All the preferences that you are going to enter will get saved very easily. You do not have to go and target the search engines to find all the Intruments.
Institutions who ran the contests on neostox:
Indian Institute Of Technology Bangalore, Indian Institute Of Technology Roorkee and IIM Bangalore were present.
Features of neostox:
- You will get the neostox feature to add all the equities and then sell them accordingly.
- You will get the experience of a market feed that is mostly real. You will get all the benefits of the P/L, taxes and also the fees will be shown in the time when the trades are present.
- You will be able to measure how far successful you have been. You can check the trading progress and also how many trades went to the stop loss category. There will be different type of orders present for you. The auto limit feature is also present.
- Equity analyser is present and you will get to know about the segments on a fifty fifty basis. The segments along with the weight of each will be displayed. Nifty50/100 will be available and you can check the equities.
Dashboard gives the summary of the current trades:
The neostox has got a dashboard that will show you all the number of trades and the gross profit and also the net profit that has occurred. You can check the summary of the current month. You will get an idea about how successful your trading business has been from the last six months.
You can easily make your baskets and execute them in a manual manner and use the algorithm to set the triggers. You need to do the execution in isolation or in the combined state. It will help to scan the entire neostox platform of the market and show you the real trending equities and the best commodities present.
Working procedure of neostox:
- You first have to get yourself registered to the site.
- You have to search for the best equities.
- Start to do trading with the hedge margins present.
- You can search for the equities according to your preference.
- Click on the option of buying and selling to make your selection and then start trading.
- Place an order and check the investment quantity.
- Calculate the quantity, place the market order and then hit the trading trigger points.
How to trade in neostox without real money?
You will get a trading report in neostox and that will tell the total value or profit or the losses that will help to understand the procedure in a more elaborated manner. There are five similar companies that are present such as the Trainheroic, Woot Math and Piggy bank and many more. Neostox also informs the users about the new features that are updated by sending them an email and people who are not interested can easily unsubscribe it and the emails will stop coming.
Conclusion:
The app neostox is a very good operating app that is helping the virtual trading platform to gain a lot of importance through the idea of virtual trading. There can be a valuation of one crore trade value. There are more new innovations that are coming in this application and it is going to help the traders. The techniques that are highly modern is going to get added to it. A person should keep visiting the website on a regular basis so that he or she can check on the latest updates and gain the best of entertainment.
FAQ:
Ans. Yes.
Ans. One crore.
Ans. Yes, the margin guidelines are set by RBI.
Ans. Yes.
Ans. Yes email and contact information stays safe.