- Review: Kapitall
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One of the more fun and investor-friendly platforms out there is Kapitall. Kapitall originally started out as more of a game, with a format that allowed you to build a portfolio and track your performance, but now the company has received the proper licensing to be a broker, so it’s possible to trade stocks using the company’s unique drag and drop model.
Their mission is to simplify investing and make it easy to test out any stock market theories with a test account.
Then you can interact with other traders, share ideas and grow your net worth. And with their virtual cash portfolio, you can test your investing skills risk-free.
How Kapitall Works
In their words, “If you can drag and you can drop, you can trade. It’s as simple as that,” and that’s the basis for how the Kapitall service works.
Open a Kapitall Account
Opening an account with Kapitall is very easy, and takes only a few minutes. Simply fill out the form with the requisite personal information, and wait for approval, which happens quickly.
You don’t need a minimum to open the account, or on-going balance that needs to be maintained. You also get a $50 bonus when you open an account, then get started building a hypothetical portfolio immediately. You can also choose to connect a bank account to Kapitall and transfer money for actual investing.
Drag and Drop Investing
Kapitall is easy and fun to use. The design is unique and refreshing, and you can use drag and drop to add investments to your portfolio. For the investor looking to build a portfolio, or try new ideas, Kapitall can work well.
You get access to real time news and quotes, and there is a great stock screener that can help you find what you are looking for. Additionally, Kapitall has some great comparison tools to help you see where an investment stands relative to other investments in the same sector or industry.
|Mobile App||Yes — Apple iOS and Google Android|
|Customer Service||Phone, Live Chat and Email|