How Arche works
A trading game with virtual money and real market prices. Same capital for everyone, one ranking per season.
- 01
Create an account
Email and password, or your Google account. It takes a minute.
- 02
Get your capital
Every season starts with $100,000 of virtual money, the same for everyone.
- 03
Trade
Buy and sell like on a real market and build the portfolio you believe in.
- 04
Climb the ranking
The leaderboard sorts players by return, not by capital: everyone starts equal.
From morning to night, on weekdays
Prices come from the US markets. Hours are in Italian time; for two weeks a year, when the clocks change on different dates, they move by an hour.
| Session | Hours | What happens to your order |
|---|---|---|
| Pre-market | 10:00 to 15:30 | It fills at once at the current price. Prices move on few trades. |
| Market open | 15:30 to 22:00 | It fills at once at the current price, refused if it moved more than 1% since you saw it. |
| After-hours | 22:00 to 02:00 | It fills at once at the current price. Prices move on few trades. |
| Closed | Night and weekend | It waits and fills at the first price after Wall Street opens. You can cancel it until then. |
A title with no recent price in pre-market or after-hours waits for the open too.
What decides the game
Same capital
Everyone starts each season with $100,000 of virtual money. No real money is ever involved.
Leverage, if you want it
When you join a season you can pick 2x, 5x leverage: your positions can reach that multiple of your capital. Gains and losses grow alike, and the choice lasts the whole season.
A commission on every order
Each order costs 0.1% of its value, so trading all day has a price.
Margin call
If your capital falls under 10% of what you hold, all your positions are closed at the last prices.
Limit, stop and scheduled orders
Besides buying now, you can wait for a price with a limit or a stop, or schedule an order for a date, once or every week. They are checked every 5 minutes of the regular session.
Short selling
In the seasons that allow it you can bet on a fall: you sell shares you do not own and buy them back later. A short position costs 0.01% of its value per day and pays the dividends of the title.
The ranking
The season ranking is by percentage return. A second ranking divides the return by its volatility, so leverage alone does not win it. Quest points add to your overall score, never to the season ranking.