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Fintech Spotlight: Brazilian Fintech Guru Looks To Launch Commission-Free Trading
Monday, March 29, 2021 - 11:44am | 870A lot of myths surround Brazilian stock market investing, according to Felipe Catão and Marcelo Zuppardo, the co-founders at Guru, a platform democratizing access to the Brazilian stock market. “Only my friends that went to business school invest in stocks,” Catão...
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Charles Schwab Launches Fractional Shares, The Ability To Gift Stock
Tuesday, May 5, 2020 - 3:35pm | 460Charles Schwab Corporation (NYSE: SCHW), a financial services company for the modern investor, announced Tuesday the introduction of Schwab Stock Slices, a fractional share trading service allowing investors to participate in the market with as little as $5. This development comes after the company...
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Trading 212 Takes On Disciplined Investing With 'Next Generation Product'
Tuesday, March 31, 2020 - 2:31pm | 839Trading 212, a leading European stock, ETF and derivatives trading platform, is rolling out a new line of automated and fractional share investing products. Co-founder Ivan Ashminov spoke with Benzinga about his firm’s role in disrupting traditional finance. About Trading 212 “We...
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Freetrade Hones In On Tax-Advantaged Accounts, Long-Term Investors: 'Better Returns'
Friday, February 7, 2020 - 5:43pm | 427Freetrade, a commission-free trading app for stocks and ETFs, has rolled out a new platform targeting long-term investors. Freetrade’s co-founders, Viktor Nebehaj and Adam Dodds, spoke with Benzinga about the platform. What Is Freetrade? Freetrade is a fee-free fractional trading application...
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Vanguard Goes Commission-Free For Stocks, Options
Thursday, January 2, 2020 - 12:18pm | 377On the cusp of the 2020 — and months after similar moves by Charles Schwab Corporation (NYSE: SCHW), TD Ameritrade Holding Corp. (NASDAQ: AMTD), E*TRADE Financial Corp (NASDAQ: ETFC), Ally Financial Inc (NYSE: ALLY) and Fidelity Investments — Vanguard expanded commission-free trading...
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Gatsby's Newly Launched App Has Social Feed For Traders
Monday, December 16, 2019 - 11:00am | 386Gatsby, a commission-free options trading platform recognized as a Benzinga Listmaker for outstanding achievement in fintech, is now live on Android and iOS, allowing novices and professionals the ability to freely express their opinions in the stock and ETF options market. Now, investors and...
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Wells Fargo Advisors Kicks Off Free Self-Directed Stock, ETF Trades
Wednesday, December 11, 2019 - 5:35pm | 239Wells Fargo & Co (NYSE: WFC) announced the adoption of zero-cost trades on its WellsTrade self-directed trading platform on Monday. This development follows Bank of America Corp's (NYSE: BAC) announcement that introduced commission-free trading of stocks, ETFs and options...
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Bank Of America Offers Commission-Free Trading With Merrill Edge Platform
Wednesday, December 11, 2019 - 5:20pm | 169Bank of America Corp (NYSE: BAC) expanded its free trading offering Monday with the elimination of commissions on stock, ETF and options trades. This development follows Robinhood’s pioneering of the large-scale, commission-free retail trading model that many established...
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Interactive Brokers Takes Aim At Free Trading, Tech Innovation, New Assets
Friday, November 15, 2019 - 1:49pm | 597Initially an options market making firm, Interactive Brokers Group, Inc. (NASDAQ: IBKR) is a deep-discount electronic access broker for online equity, options, futures and forex trading. The company's core mission is to “create technology to provide liquidity on better...
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Alpaca, TradingView Offer Commission-Free Trading For Tech Natives, Developers
Monday, November 11, 2019 - 12:07pm | 296Alpaca, a commission-free API stockbroker, formally announced the integration Monday of its commission-free brokerage services in TradingView, the largest social networking and data analysis tool for financial markets. This development comes after Alpaca closed a $6-million funding round led by...
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'How Do We Compete?': Invstr Founder Kerim Derhalli On The Brokerage Pricing War
Friday, November 1, 2019 - 9:01am | 787Kerim Derhalli, CEO at Invstr, spoke with Benzinga about the future of trading without commissions, including the importance of education and market awareness. Background Following Robinhood’s pioneering of the large-scale, commission-free retail trading model, many established brokerages...
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Public: The Investment App Connecting Millennials With 'One Of The Biggest Drivers Of Prosperity'
Thursday, October 17, 2019 - 4:04pm | 775As a new generation of Americans advance in the workforce, a new approach to investing will be needed to help young workers achieve their financial goals. With the rise of commission-free brokerages, the investing landscape has changed dramatically. The absence of commission fees and account...
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Commission-Free StockTwits App Allows Users To Buy, Sell Fractions Of Shares
Monday, October 7, 2019 - 1:23pm | 369StockTwits, a real-time financial communication and media network, has entered into the brokerage business with a commission-free trading platform, TradeApp. The development comes after a series of incumbent brokers eliminated commissions from their pricing models, drumming up interest and...
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TradeZero Introduces Commission-Free Options Trading, Cryptocurrency Capabilities, Platform Improvements
Friday, September 27, 2019 - 4:30pm | 711TradeZero co-founder Dan Pipitone spoke with Benzinga about the commission-free trading platform's evolution. Responding To US Demand Pipitone, John Muscatella and Giovanni Ferrara opened Noble Trading in 1999. The partners sold the venture to Lightspeed in 2010. To reduce...
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Interactive Brokers Announces Commission-Free Trading Service IBKR Lite
Thursday, September 26, 2019 - 6:05pm | 373Interactive Brokers announced the release Thursday of IBKR Lite, a commission-free trading service . The development is a complement to existing services that will be rebranded as IBKR Pro. Now, with IBKR Lite, investors will be able to engage in cost-free trading of U.S. exchange-listed stocks and...