Stocial provides users with real time stock market updates. The application helps users quickly gather they information they need to make good decisions about how and where they invest their money. Along with stock market data, Stocial also shows the user trending social sentiment. This added dimension allows the user to gain more insight from real people who are also investing. The homepage features real time trends, stock forecasts and a form that allows the user to pick a stock to win real money. The user can switch between tickers, which include Google Inc., Amazon Inc., Apple Inc., NetFlix Inc. and LinkedIn Corp. Through Stocial, users can see what experts are saying and follow them on the site or through Twitter. Filters are available for both social sentiment and market news content.
Stocial was founded in April of 2011 by Fahad Kamr in Seattle, Washington. The application drew attention because of the social approach it takes to helping users become better traders. The system works by creating a virtual market rather than operating in real markets. Stocial continues to help users hone their skills and learn how to gather information and improve their strategies for the real stock market.
Stocial works much like other stock market themed websites with one main difference: the application has built a virtual market. Rather than working within real markets, users can sign up and begin trading on Stocial. There is real money at stake through contests hosted by the website. These allow users to determine which strategies work. This information can be applied in the real market.
The Stocial website invites users with a very basic, yet personable design. The homepage features a solid white background with blue text, icons and arrows. The Stocial logo is available in the upper, left hand corner. A short list of highlights is presented along the left side, just above the ticker drop down box. Three elegant, hand-drawn arrows point to columns at the bottom that present the trends and forecasts for the user’s chosen market.
New users can get started by clicking one of the three buttons in the upper, right hand corner or the green button along the right hand side of the homepage. Blue and white buttons allow users to register with an existing Twitter, Facebook or LinkedIn account. Those who prefer to create a new profile can do so by clicking the green and white “Enter” button along the right hand side. A pop up box appears and asks the user for their email address. The application is currently in beta, so the user must add their email address to the list to receive an invitation.
Stocial is available to all users for free. There are no subscription fees at this time. It is important to note that the site is in beta. There may be changes made as the website nears official release that could include a fee or premium membership option. The site does not list any advertisements yet, either. At this time, all users are given the same level of access for free.
Stocial.com is aimed at anyone who is interested in the stock market but does not feel ready to start trading. Users can participate in virtual markets and join in contests to win real money. The website is easy to navigate and offers its users a unique opportunity to begin improving their abilities and developing their strategies.