
Wall Street Raider offers the deepest stock market simulations in gaming history. Control publicly traded corporations, futures, options, and even crypto. Whether you want to make billions in equities, short-sell overvalued stocks, or hedge risk using derivatives, the market is yours to conquer!
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About

What is Wall $treet Raider?
Wall Street Raider is the deepest stock market simulation in gaming history you've never heard of. It's been in active development since 1986. Originally a DOS classic, it evolved through the Windows era and is now being fully remastered for a new generation of Raiders.
Take control of powerful corporations, trade futures and options, and dive into crypto. Build billion-dollar empires, short overhyped stocks, hedge with derivatives. The market is yours.
Trading & Investment
This isn't a simplified stock ticker with pretty graphs like most stock market games out there. Wall Street Raider models real financial instruments and tax implications with real depth.
Buy, sell, and short stocks. Trade options i.e. calls, puts, and advanced spreads such as butterfly, condor, etc. Go long or short on Bitcoin and Ethereum physical coins or futures. Invest in corporate and government bonds. Use interest rate swaps to hedge your positions. You'll have every tool a real investor has.
Banking, Real Estate & Debt Markets
Expand into banking, lending, and real estate finance. Run a major bank. Take over the mortgage industry. Control the loan market.
Borrow strategically, buy and sell bank loans, trade business and consumer loans, deal in prime and subprime mortgages, and set your bank's asset allocation. Manage capital reserves and loan distributions like an actual financial institution.
Corporate Strategy, Mergers & Acquisitions
You have full control over corporate strategy. Expand, acquire, restructure, or gut rival companies. Dominate entire industries through takeovers, stock maneuvers, and financial engineering.
Execute hostile takeovers. Use greenmail. Conduct leveraged buyouts. Merge with competitors or spin off divisions to unlock hidden value. Split stocks, issue extraordinary dividends, call bonds, restructure operations, and elect yourself as CEO or let someone else run it. If it happens in a real boardroom, it happens here.
Market Analytics & Financial Research
You'll need to analyze global markets, research industries, and track competitors to stay ahead. Dig into earnings reports, cash flow projections, market share data, industry growth rates, and economic indicators. Access professional-level research reports. Use the "Who Owns What" tool to map out your competition. Study ETFs, their advisors, fees, and total assets. Information is power and power is money!
Corporate Warfare & Legal Manipulation
Not everything here is fair play. Finance is ruthless and sometimes you need to fight dirty.
File harassing lawsuits to drain competitors through legal fees. Launch antitrust suits to break up rivals. Spread market rumors to create volatility. Execute liquidations for maximum profit. Hire the sharpest legal minds money can buy. The rules exist, but they're flexible if you know how to bend them.
Startups, IPOs & Venture Capital
Build the next tech giant, pharmaceutical leader, or energy powerhouse from scratch. Make capital contributions to promising ventures. Launch private stock offerings to raise money while keeping control, then take it all public when the time is right. Buy assets to grow your topline and invest in R&D to stay ahead of the pack and increase your margins!
Your Empire, Your Way
Own and manage multiple corporations across industries. Toggle autopilot for any company so you can focus where it matters. Buy and sell corporate assets, offload underperformers, acquire new opportunities. Rebrand companies and reinvent your empire as you see fit.
Competitive & High-Stakes Finance
How do you stack up against other financial masterminds? Wall Street Raider features competitive play against computer opponents and deep financial literacy mechanics so you can prove who truly dominates the market.
Genres
Stats
All-time low is the lowest price we've recorded for this game since we started tracking it.
Languages: English**languages with full audio support
Engagement
Reviews
Themes across 71 recent reviews and how positive each mention is. A keyword signal, not full sentiment analysis.
Reviews
I am a player from Indonesia who just entered the stock market in October 2025 through the IDX Composite. Currently, the IDX is down -28.56% YTD — a very bearish and challenging market condition. In the midst of this real-market storm, I found Wall Street Raider (Steam Early Access). This game immediately "clicked" with my interests because it is not just a simple stock trading simulation, but truly teaches corporate management, M&A, debt/financing, bank management, and asset allocation strategies. I am absolutely loving this simulation as it serves as a "laboratory" for me to learn without losing real money in the red IDX. During my playthrough from August to October 2028 (in-game), I have built a zero-debt conglomerate with 9+ subsidiaries, renegotiated CEO salaries, performed stock buybacks, managed bank asset allocation (MIDB), and acquired various companies in technology, defense, and telecommunications sectors. Based on my intensive experience, here is my constructive feedback for the developer (specifically for the Steam / Jenkins Terminal version): 1. CEO Compensation & Governance (UI/UX) Issue: To change CEO salary, I have to Resign and then Elect again. This process is not intuitive and confusing, especially for new players. In the classic WSR, there is a salary column in Variable Settings, but in the Steam version, it is hidden behind the Elect pop-up. Suggestion: Add a standalone "CEO Compensation" or "Set Executive Pay" tab in the Corporate / Finance menu. This would allow players to directly change salaries (and bonuses) without having to resign. 2. Litigation Dashboard Issue: I experienced an Antitrust Lawsuit from a subsidiary (ASHR vs ORGE) but could not find an "Active Lawsuits" or "Litigation Status" menu to cancel it. I almost ended up filing a new lawsuit because there was no clear navigation. Suggestion: Create a dedicated "Litigation Docket" tab that displays active lawsuits, status, estimated costs, and one-click Drop / Settle buttons. This is crucial for players to maintain control over their subsidiaries' legal affairs. 3. Inter-Company Cash Management (Treasury) Issue: Transferring money between parent and subsidiary companies (e.g., from TCI to NBNX) is very hard to find. I had to search for Advance Funds or Intercompany Loan options scattered across menus. Suggestion: Add a "Group Treasury Dashboard" for players who control 80%+ of shares. This would allow players to view cash balances of all subsidiaries and perform direct fund transfers from a single screen, greatly improving working capital efficiency. 4. Bank Asset Allocation Issue: Setting percentages for Prime Mortgages, Sub-prime, Consumer Loans, Bonds, and Cash Equivalents for MIDB requires manual calculation to total 100%. If the input is wrong, the system does not give an immediate warning. Suggestion: Add interactive sliders or an "Auto-Balance" button that automatically distributes the remaining percentage to the most profitable assets, while still maintaining the minimum Cash Equivalents (10%). This would greatly help players learn banking portfolio allocation. 5. Autopilot / AI Warnings Issue: I experienced an incident where the AI/autopilot filed an unnecessary lawsuit (ASHR suing ORGE), which actually eroded the subsidiary's profits. Suggestion: Provide pop-up notifications or warnings before the AI takes legal actions or makes other major costly decisions, especially when Global Autopilot is active. Personal Message to the Developer: I come from an emerging market (Indonesia) that is currently down -28.56%. This game is not just entertainment for me, but an invaluable learning tool. I now understand the importance of debt-to-equity ratio, return on assets, growth strategy, and how CEO decisions affect EPS. Thank you for creating such a deep simulation. I thoroughly enjoyed every moment of building an empire from scratch. Warm regards from Indonesia! 🇮🇩
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Price dynamics, follower growth, revenue and sales trajectories with interactive tooltips
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Hours played at review time, across 71 reviews with recorded playtime.
positive critical· bar length = how often the theme comes up
bought 20% of a company, it slowly declined, i lost 8 bilion and exited. i put in all my remaining money in bitcoin futures at 130K from 120k, it crashed to 80K, i went bankrupt. interesting.
I've had the original game since 1995, always paid to update to latest version. I loved this game, it's so deep. However this version I think is poorly made ONLY in the design of the GUI. It's very poorly thought out. In the original game, menus were logical and easy to find. In this new version, it feels like every button placement was an after though. It feels like a programmer made it with no sense of design. For that reason only, I got a refund on it, and I can't recommend it. However if you can overlook that, and you want to dive deep into economics and how business really works, then this series is the ONLY one that will teach it to you. If you can master this, you can make a mint in the real world.
Game has a lot of potential but it's pretty muddied by the shallow development thought process when it comes to UI and overall playability. Commodities markets are entirely random, doesn't seem to be much of a simulator as it claims to be. It emulates the functions like you would expect, and honestly does so at a breadth greater than any other available game on the market, it's just a shame that it lacks the depth at the moment. If you take a look at the UI, it's obvious of the footprints of AI standard formatting and layouts. The game doesn't "play" well for a user, the way the screens transition, the lack of hotkeys that one might expect to use, the forced repetition of action, etc. I think it's a neat vision and I'm keen to follow along, but at the moment I am pessimistic of development outlook given the developers struggle to figure out the steam workshop and mishandled the labeling on release (full release instead of early access), but with money comes capability and now that some sales have come in, hopefully they will invest more into the game. I'm an advocate of AI utilization in the development process but also hold the belief that a disclaimer should be given when the usage passes a certain threshold... and this most definitely passes that point.
I really want to love this game. It looks great, plays well, and I haven’t experienced any crashes or technical issues. Unfortunately, I ended up returning it, and I genuinely felt bad doing so because I can see how much potential the game has. My biggest issue is that I just couldn’t get into starting the game as an already-established millionaire or billionaire. For me, a huge part of the fun of an investment/financial simulator would be starting small and actually building that fortune myself. I think a “Rags to Riches” mode would be a fantastic addition. Start with something like $10,000 or $25,000 Have little or no access to leverage at the beginning Build your fortune through stock picking, options, and smart investing Gradually unlock leverage and more advanced financial tools Eventually unlock corporate finance, acquisitions, takeovers, and the other major features as your net worth grows Going from $10,000 to $100,000, then $1 million, $10 million, $100 million, and eventually becoming a billionaire would give the game an incredible sense of progression. Instead of beginning as a Wall Street titan, you’d actually get to experience becoming one. I also have a smaller gripe with the way currency denominations are displayed. Seeing a number like 1543.54M can be confusing at a glance because that’s actually $1.54354 billion. Once you understand the system it’s manageable, but I think automatically switching denominations would make the financial information much easier to read. For example: $154.35M $1.54B $27.82B $1.16T rather than continuing to express billion-dollar amounts in millions. I hope something like this gets considered because the underlying game seems genuinely good. A true Rags to Riches mode would probably bring me back immediately. I’d love the opportunity to start as a small-time investor and slowly work my way up to becoming the Wall Street Raider the game ultimately wants me to be.
Buggy as hell. I love the idea of this game but its a great example of the kinda slop you get out of claude code, everything is a bit broken in really frustrating ways. UI is all over the place. Perhaps the original game is better? Avoid this one.
I think there is tremendous potential here, and I am really enjoying it so far. I understand its just a fresh UI that is put on top of the existing game engine. Given that, I think there are some opportunities as the development progresses: 1. As others have pointed out, it is obvious the UI has many aspects of being heavily AI generated. It's not bad, but not great either. Buttons and navigation should be reworked for a more logical flow. Perhaps check out how some brokers and trading applications handle these features to make it more intuitive. 2. Regarding AI, I'm not one of those who are against its use for development. But it can easily spiral into a complete unsustainable mess if relied on too heavily. I hope the developers will use it opportunistically and then rely on the human intelligence God gave us to deliver a quality product. 3. Some of the price movements seem highly erratic between ticks, particularly in the futures markets. Over the long run it seems realistic but something seems off to me in very short time periods. 4. As others have also mentioned, it would be a huge quality of life and gameplay improvement if it were possible to start with smaller accounts. As a result, the capability to buy number of shares would be necessary (rather than simply percentages). This would add a whole new dimension to the gameplay that could be very fun. 5. Create an objectives/campaign system, perhaps based on historical events. This can really offer some fun opportunities to keep coming back to the game. For example: - Become Berkshire Hathaway by buying a textile manufacturer, then working your way to a massive holding company. The objectives can be loose to give variation in game play but enough for a system of progression. - Hunt Brothers cornering of the silver market - "Barbarians at the Gate" - the RJR Nabisco leveraged buyout. Great book by the way if you're into this game. - Jessie Livermore and the late 1920s. - Michael Saylor - buy a cash generating company and turn it into a crypto bank. By the way, I almost requested a refund about two hours in thinking there wasn't much depth. I'm glad I circled back and went through the in-game tutorials and skimmed the game documentation. The depth hits once you go beyond the stock trading. Really looking forward to where this game is heading. Keep up the good work devs!
> found a holding company > found a bank inside the holding company > oil price 54$ a barrel > bought oil futures using holding company > black swan event happen > oil jump to 300$ a barrel > closed my position > oil pulled back > Schlumberger is dying > bought out SLB and capital contribute to my bank to fix capital structure > M&A small producer, suddenly SLB has 45% market share > Government curfew causes 400$/barrel oil > Profit 10/10 would play again
shallow and not worth $30+....fun until you know how to create wealth,then it gets boring...have not experienced any bugs
The first time I played Wall Street Raider it was one of those games my friend had on a 3 3/4 inch floppy (or whatever the size was) and I copied it and... well, loved it, that was a DOS game (I think I played it on Win3.1?). When I was an adult I longed for that game and was delighted to find it still alive and well, maintained by the single developer (Ronin Software). So I finally did the responsible thing and paid for a Windows-compatible version. And now it is on Steam! This version maintains some of the quirks and you have to be mindful of the fact that you WILL have to learn the interface and it is NOT a great user experience. But once you get used to it and you get stuck in it is by far one of the best simulators of its kind. The game throws curveballs at a reasonable pace, some factors are not exactly realistic and indeed predictable (Buy bitcoin below 50k, sell it at 200k and you will make a killing if you are patient enough, short bitcoin at 800k expecting it to come down and be bankrupted in a month because it kept accelerating to 1.2m) But it is early access (for possibly the oldest game IP you can buy on Steam, it's older than Dwarf Fortress!!!) and the fixes are coming thick and fast. I would like to see a few further improvements, currently buying new 'assets' for a corporation is a case of: This much money please. I'd like to be able to target specific parts to invest in, a new factory? Upgrading the production line and reducing the workforce? A new R&D centre? I'd also like to see updated industries, there are mods for that, but I want it in-game. Other than that, a VERY FIRM recommend for nerds like me who aren't put off by spreadsheet simulators like this. Now, go away, I am trying a leveraged buy-out of Microshaft!
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Active players
Estimated daily and monthly active players (DAU/MAU) modeled from peak concurrency.
Players by region
Where this game's players are, estimated from review languages.
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