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Marius Zoican, Associate Professor of Finance, University of Calgary

Gamified investing apps are becoming more popular — but can be risky for young investors

In recent years, fierce competition among online brokers has pushed them to stand out with features beyond lower fees. (Overearth/Shutterstock)

Gamification is rapidly reshaping how people consume information and engage with the world. It uses strategies such as clear goals, instant rewards and engaging visuals to make everyday tasks more enjoyable, often in a digital setting.

The COVID-19 pandemic nudged consumers to embrace no-contact, instant gratification experiences in an increasingly digital world.

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