Neostox is a paper trading platform that utilizes real-time market data and AI analytics to provide users with a risk-free environment for practicing stock trading, including equities, options, and futures. By allowing traders to simulate transactions with virtual money, Neostox addresses the challenge of gaining practical trading experience without the financial risk associated with real investments.
Funding
Funding not disclosed
Founders
Product
Problem
New and experienced stock traders often lack a safe environment to practice trading strategies and familiarize themselves with market dynamics without risking real capital. The potential for financial loss during the learning process can deter individuals from entering the market or hinder the development of effective trading skills.
Solution
Neostox provides a paper trading platform that simulates real-time market conditions, allowing users to practice trading stocks, options, and futures with virtual money. The platform offers a risk-free environment to experiment with different strategies, master trading mechanics, and develop emotional discipline. Users can access a range of tools and analytics to analyze their performance, refine their techniques, and build confidence before investing real capital.
Target Audience
The primary target audience includes novice traders seeking to learn the basics, experienced traders looking to test new strategies, and educational institutions offering trading simulations.
Features
- Real-time market data (delayed by one day) for equities, options, and futures trading
- Virtual money accounts with the ability to top up to ₹1 Crore
- Support for market orders, limit orders, and stop-limit orders
- Intraday and regular order placement with automatic square off for intraday positions
- Margin calculation based on actual offer and bid prices in the live market
- Advanced trading tools such as basket orders, hedge trading, and options chain analysis
- AI-powered NeoScreener for market analysis across equities, options, and futures
- Options Analyzer for predictive analytics and real-time data in options trading
- Stocks Screener and Industry/Sector Screener for identifying top gainers and losers
- Live trading reports with day-wise summaries and downloadable Excel reports