Investors
using Firstrade’s mobile app are set to receive an influx of analytical
firepower. The online trading platform has broadened its alliance with Trading
Central, weaving the company’s investment research tools into its smartphone
application.
Firstrade Adds Trading
Central Tools to Mobile App
The
partnership expansion adds several Trading Central tools to Firstrade’s mobile
app, including Technical Insight, TC Market Buzz, and thematic portfolios.
“Traders
seek a unified platform for research, trading, and connection, and we’re
offering a solution that allows users to understand market dynamics, invest,
and grow their portfolios,” John Liu, CEO of Firstrade, said.
Technical
Insight uses chart pattern recognition software to identify market trends and
price changes. TC Market Buzz analyzes news and social media content, providing
traders with sentiment scores and buy/sell signals. The thematic portfolios
feature allows users to explore stock collections grouped by sectors, industry
themes, and current topics.
For the
first time, Firstrade partnered with Trading Central in
February 2024, offering clients an expanded suite of analytical investment
solutions. At that time, access to the mentioned tools was granted to desktop
platform users, and now they are also available for those who prefer the mobile
app.
“By
integrating our analytics and research into Firstrade’s mobile app, their
traders can make investment decisions with real-time insights and technology to
navigate the financial markets,” Alain Pellier, CEO of Trading Central, added.
This
development is part of Firstrade’s efforts to update its mobile offerings. The
integration of Trading Central’s research capabilities may appeal to traders
seeking data-driven approaches to investing.
Fractional Shares and AI Research
Platform
These are
not the only new developments in Firstrade’s offering. In June, the company
announced the launch of FirstradeGPT, an AI-driven research and analysis tool
designed to help investors make informed financial decisions. Developed in
partnership with FinChat.io, an investment research platform, FirstradeGPT
leverages artificial intelligence to provide in-depth data on global equities
and key performance indicators (KPIs) for specific businesses.
In April,
after several months of delays, Firstrade also introduced access to fractional
shares. This new service is designed to give investors greater flexibility and
accessibility in the stock market by allowing them to trade fractional shares
of over 4,000 stocks and ETFs. Firstrade’s Fractional Share Trading service
enables investors to start trading with as little as $5 per trade, with no
maximum order limit.
Firstrade,
established in 1985, offers commission-free trades on stocks, ETFs, options,
and mutual funds. The company is registered with the Financial Industry
Regulatory Authority (FINRA) and the Securities Investor Protection Corporation
(SIPC).
Investors
using Firstrade’s mobile app are set to receive an influx of analytical
firepower. The online trading platform has broadened its alliance with Trading
Central, weaving the company’s investment research tools into its smartphone
application.
Firstrade Adds Trading
Central Tools to Mobile App
The
partnership expansion adds several Trading Central tools to Firstrade’s mobile
app, including Technical Insight, TC Market Buzz, and thematic portfolios.
“Traders
seek a unified platform for research, trading, and connection, and we’re
offering a solution that allows users to understand market dynamics, invest,
and grow their portfolios,” John Liu, CEO of Firstrade, said.
Technical
Insight uses chart pattern recognition software to identify market trends and
price changes. TC Market Buzz analyzes news and social media content, providing
traders with sentiment scores and buy/sell signals. The thematic portfolios
feature allows users to explore stock collections grouped by sectors, industry
themes, and current topics.
For the
first time, Firstrade partnered with Trading Central in
February 2024, offering clients an expanded suite of analytical investment
solutions. At that time, access to the mentioned tools was granted to desktop
platform users, and now they are also available for those who prefer the mobile
app.
“By
integrating our analytics and research into Firstrade’s mobile app, their
traders can make investment decisions with real-time insights and technology to
navigate the financial markets,” Alain Pellier, CEO of Trading Central, added.
This
development is part of Firstrade’s efforts to update its mobile offerings. The
integration of Trading Central’s research capabilities may appeal to traders
seeking data-driven approaches to investing.
Fractional Shares and AI Research
Platform
These are
not the only new developments in Firstrade’s offering. In June, the company
announced the launch of FirstradeGPT, an AI-driven research and analysis tool
designed to help investors make informed financial decisions. Developed in
partnership with FinChat.io, an investment research platform, FirstradeGPT
leverages artificial intelligence to provide in-depth data on global equities
and key performance indicators (KPIs) for specific businesses.
In April,
after several months of delays, Firstrade also introduced access to fractional
shares. This new service is designed to give investors greater flexibility and
accessibility in the stock market by allowing them to trade fractional shares
of over 4,000 stocks and ETFs. Firstrade’s Fractional Share Trading service
enables investors to start trading with as little as $5 per trade, with no
maximum order limit.
Firstrade,
established in 1985, offers commission-free trades on stocks, ETFs, options,
and mutual funds. The company is registered with the Financial Industry
Regulatory Authority (FINRA) and the Securities Investor Protection Corporation
(SIPC).
This post is originally published on FINANCEMAGNATES.