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No. League of Markets is an educational paper-trading league platform without real money. Prices may be delayed or cached.

Public registration is currently open, so an invitation code is not required. If administrators enable invitation-only registration again, a valid one-time member code or link will be required.

Public leagues can be joined from the public leagues list. Private leagues require an invitation link or a known password.

A basic account is suitable for smaller leagues. A professional account supports longer leagues, larger participant limits, advanced settings, and access to information for finished public leagues. Finished private league details are available only to administrators.

Execution depends on the league mode. In public market-realistic leagues, off-session market and limit orders reserve cash or shares and wait for the next regular opening. If the league trading cutoff arrives first, waiting orders can no longer execute and their reservations are released. Private practice leagues may allow immediate execution at the latest validated official price while trading is still open. No order executes without valid market data.

Each league may define minimum buy and sell days on different qualifying market days, a minimum investment ratio, and a minimum number of meaningful invested symbols. Only completed trades worth at least 1% of starting capital can advance a minimum trading day, and multiple trades on the same qualifying market day count as one day. Ranking eligibility, including the investment ratio and meaningful-position count, is frozen at the trading cutoff. Participants who do not qualify appear as #9999; ties are resolved by first eligibility time, first valid buy, fair-play valid-trade count, and join time.

Hosts may choose rule-based value, momentum, dividend, conservative, and other AI investment characters plus a difficulty level within their account limit. AI slots are separate from human capacity, and auto-filled AI can be adjusted only before trading activity starts. AI follows the same prices, fees, order validation, distinct minimum trading days, investment requirements, and trading cutoff as humans, receives no points, and does not count as an eligible human participant. A calculation-based educational comparison is available after the league ends.

Points are settled only for qualified fair-play leagues using market-realistic execution, lasting at least two weeks, with at least five verified real members who satisfy ranking, valid-buy, and investment requirements. Reward participant counts and ranks use verified real members only. Suspicious patterns may hold settlement for review, and grants, reversals, and administrator adjustments are written to an idempotent reward ledger.

No. The list shows only limited read-only information for running or upcoming private leagues. Finished private leagues move to Past Leagues and their details are available only to administrators.

Yes. External providers, cache, market hours, and FX timing can cause differences. Orders are simulated and are not real market orders. The service may switch to another provider after a failure, but an order can be held when no valid price is available.

Yes. You may enter a ticker, a company name such as Nvidia, or a close spelling such as Nividia. When the local catalog has no strong match, configured Symbol Search providers are queried in a bounded way and matching stocks/ETFs for the league markets are cached locally. The order button is enabled only after the selected candidate passes a real quote check.

When administrators enable legal-change email delivery, verified real members are notified by email first. A document-version difference does not immediately block access. Even when re-consent enforcement is enabled, it starts only after successful delivery and the configured review period.

On a first direct visit to the main address (/), a saved language choice wins; otherwise the browser language temporarily redirects the visitor to /de or /ko. Indexable public pages still use stable language URLs, so the URL determines the language that is actually rendered. A deliberate EN, DE, or KO choice is stored in the browser and takes priority on later visits.