Platforms Archives - MKTPlace https://mktplace.org/category/platforms/ all about trading, Fintech, Business, AI & technology in one place Tue, 06 Feb 2024 10:15:46 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.2 https://mktplace.org/wp-content/uploads/2021/03/favicon.png Platforms Archives - MKTPlace https://mktplace.org/category/platforms/ 32 32 The Best Stock Trading Platforms to Boost Your Success https://mktplace.org/best-stock-trading-platforms-tools-to-boost-your-trading-success/ Tue, 06 Feb 2024 10:15:46 +0000 https://mktplace.org/?p=49075

When it comes to stock trading, having the right tools‍ can ‍make all the⁢ difference in your success. Gone are the days of shouting ⁤orders on ⁢a bustling ​trading floor; nowadays, online stock trading platforms ​offer convenient and ⁢efficient ways to⁣ buy and ‌sell stocks. Whether you’re a seasoned trader or ‍just dipping⁤ your toes into the ‍market,​ these platforms​ can⁢ provide you with‍ the‍ essential resources and features‍ needed ‍to ⁢navigate the world of⁢ stock trading. In this article, we will explore the best⁣ stock trading platforms ⁣available, helping you make ​informed choices and ‍ultimately⁤ optimize your trading ⁢endeavors. So⁢ buckle up,⁢ traders, because‍ we’re about to dive into the exciting‍ world of ​stock trading platforms ‍and discover which ⁢ones⁢ can⁢ take your trading success to‌ new heights!

Unlocking ‍Trading⁣ Potential with‌ the Right Stock⁤ Trading Platform

If you’re looking to maximize‍ your trading⁢ potential, choosing​ the‍ right stock⁣ trading platform is of utmost ⁢importance.​ With a plethora of ⁢options available in the⁤ market,⁢ each offering different features and ​functionalities, it can‌ be overwhelming ‍to find the perfect‌ fit for ⁣your trading style.​ However, investing time and effort in selecting the right ‍platform can significantly‌ impact your trading success.

One ​of ⁢the key benefits‍ of using a‌ stock trading platform⁢ is the access it provides to a wide range​ of markets‍ and assets. ‌Whether​ you’re interested in⁣ trading stocks, options, or‌ even ⁤cryptocurrencies, a good platform ‌will offer you access to all these markets in one place. ⁢This ⁣allows ​you to ​diversify your portfolio ‍and take advantage‌ of ‌various investment ‍opportunities without the hassle of⁤ managing multiple accounts.

Moreover, ‌a ​reliable stock trading ⁣platform should provide you with useful tools and features⁣ to aid your decision-making ‍process. From real-time ⁣market data and news updates to advanced charting​ and ⁣technical analysis ‌tools,‍ these ‌features can provide valuable insights and help ‍you‍ make ⁤informed ⁣trading decisions. Additionally, some ⁢platforms also offer educational ⁤resources and tutorials to enhance your⁣ trading ​knowledge and ⁤skills, making it easier for beginners to get started in the world of trading.

Key Features of a ‌Stock ‌Trading Platform:

1. Intuitive‌ and user-friendly interface
2. Real-time ⁣market data ⁣and ⁢news updates
3. Advanced charting and ⁢technical‍ analysis tools
4. Access to a variety of markets and assets
5. Secure and⁤ reliable ⁢trading ⁣environment

When⁢ selecting ​a ‌stock ⁤trading platform, it’s crucial ​to ‌consider factors such⁢ as cost, customer support, and ease of‌ use. While‍ some platforms ⁢may‌ offer ⁣lower⁣ commission rates, others may charge additional fees for certain functionalities. ‍Customer support is also important, especially for beginners‍ who‌ may ​require⁢ assistance ⁣in navigating‌ the platform. Furthermore, a user-friendly interface can make‍ a significant difference in your trading​ experience, ‍allowing you‌ to execute ⁤trades quickly and efficiently.

In conclusion, the right stock ⁤trading platform can unlock your trading potential and boost​ your success ⁣in the‍ market. By providing access​ to ​a wide ⁤range of assets,‌ offering useful tools and ​features, and considering ‍factors such as cost and‍ customer support, you can find ⁤a platform​ that caters​ to your specific needs ⁤and trading‌ style. ​So,⁢ take the time to explore various options and choose a‌ platform that empowers you on your journey towards trading success.

The Ultimate Trading Companion:⁢ Unveiling the Top Features of Cutting-Edge‌ Stock Trading Platforms

Stock trading has⁤ become an ‌increasingly popular way for individuals‍ to grow their wealth ‌and achieve financial success. However, ‍with ​the ​vast number ⁣of stock⁣ trading ‌platforms available in‍ the market, choosing⁤ the‌ right one⁣ can be ⁢a daunting task. ‍In this post, we will unveil the⁤ top features of cutting-edge stock⁣ trading platforms that⁢ serve as the ultimate trading companion and ⁤boost your trading success.

1. Advanced Charting Tools:

​One of​ the key⁤ features of modern stock trading platforms is their ability to provide‌ advanced charting tools. ⁢These tools enable traders to ‍analyze historical price ​data and identify ​patterns and ⁤trends in the market. With features like customizable timeframes, technical indicators, and drawing tools, traders can make ​informed ‌decisions and ⁢execute trades⁣ with precision.

2. ​Real-Time Market Data:

To⁤ succeed in the fast-paced ‌world ‍of stock trading,​ staying updated ⁤with real-time market information is crucial. Cutting-edge trading platforms ​offer real-time ⁢streaming quotes,‌ news feeds, and market analysis, ⁢providing ‍traders ​with the latest ⁤information on stock prices, financial news, and market ⁢trends. By⁢ accessing this‌ valuable data‍ at their fingertips, traders can make quick⁢ and ⁢informed‍ decisions ⁤to maximize their profits.

3. Intuitive User Interface:

A user-friendly‌ interface is paramount‍ for a stock trading platform to provide traders with a seamless ⁣trading experience. Platforms with intuitive interfaces allow users⁢ to navigate effortlessly, locate information easily, and execute⁤ trades quickly. From placing orders to‌ monitoring portfolio performance, a visually​ appealing and easy-to-use ​interface⁢ enhances‍ efficiency⁤ and‍ reduces⁤ the learning curve for⁢ both beginner and ⁤experienced​ traders.

4.‍ Robust Order‌ Execution:

Another essential feature of cutting-edge stock trading platforms is robust order execution. ‍These⁤ platforms offer ​various ​order types, such ‍as market orders, limit orders, stop orders, and⁤ trailing stop orders, enabling​ traders to execute trades‍ according to their⁣ specific strategies. With fast ⁣and reliable execution,‌ traders⁢ can capitalize⁣ on market opportunities and​ optimize their trading performance.

5. Mobile Access: ‌

In today’s⁤ digital⁤ age, having access to your stock ⁢trading portfolio ​on the ⁣go is⁢ essential. The​ best⁤ trading ⁤platforms‍ offer‌ mobile applications​ that allow traders to monitor‍ their investments, ​analyze market​ trends, and execute ‍trades from ⁤their smartphones or ​tablets.⁤ This flexibility ensures that traders are always connected ​to the market, even ‌when they are​ away from their computers.

In conclusion, choosing the right stock trading platform is crucial for traders ⁢looking ‌to boost their trading success. The ​top features ​of ‌ cutting-edge⁢ platforms, such as helpful resources to aid them in making informed decisions and reaching their financial objectives. These resources include advanced charting tools, up-to-date market information, user-friendly interfaces, reliable execution of orders, and mobile accessibility.

Optimize⁤ Your‍ Trading ‍Strategy:⁣ Leveraging ‍Advanced​ Tools on‌ the Best ​Stock Trading Platforms

Stock trading can be a‍ lucrative‍ venture, but‍ success in this‍ field heavily ​depends on⁣ your trading strategy and the tools you ​use.‌ To optimize your trading strategy and ‍boost your chances ‍of success, it’s crucial to​ leverage advanced⁤ tools that are⁤ available on the best stock trading⁤ platforms. These platforms offer a wide ​range ‍of features and tools designed ⁢to help‌ traders make informed ​decisions⁢ and maximize ‍their profits.

One ⁣of ‌the key advantages of ‍using stock trading platforms is the access to real-time ‌market data. These platforms provide up-to-date ‍information on⁢ stock ​prices, market trends,‍ and news that could potentially affect your portfolio. By​ having access to this​ data in ⁢real-time,​ you can make timely decisions and capitalize ⁢on ​opportunities ⁢as soon as they arise.

Another⁢ valuable tool⁤ offered⁣ by stock trading platforms is the ability to set up customized alerts. ​With these alerts, ‌you can‌ be ‌notified ⁤when a stock price hits a⁣ certain level, when ‌a ​specific ‌event​ occurs in ⁤the market, ​or when a particular ⁤condition is ​met. This ‍feature allows you to⁤ stay on top of ⁢market ‍movements and ‌take action at the right time.

To further⁣ enhance your trading strategy, stock trading platforms also‌ offer advanced charting⁤ tools. These tools allow‌ you to analyze price movements, identify‍ patterns, and ⁣make better-informed trading⁤ decisions. With features ⁢such as technical⁤ indicators, drawing tools,‍ and customizable chart types, you can gain deeper insights into the market ⁤and identify potential entry or ‌exit points.

In addition to these tools,⁢ many stock trading⁢ platforms also ⁤offer educational resources and​ research tools. These ⁤can include articles, tutorials, videos, and ⁢webinars that provide valuable insights and tips on trading ‌strategies. By ⁣taking advantage ‍of ⁢these resources, you ‌can continuously expand your knowledge and improve your ​trading skills.

It’s⁣ important‌ to note that not all stock trading platforms ⁢offer the same level of features⁣ and⁤ tools. When choosing a‍ platform, it’s essential to consider your ‍specific trading needs and goals. Look for platforms ​that provide the tools that⁢ align with⁢ your trading strategy⁢ and offer a user-friendly interface.

In conclusion,⁢ stock trading⁤ platforms⁤ provide a range ⁣of advanced ‌tools that can help optimize your trading strategy and boost⁢ your chances ‌of​ success. From real-time‍ market‌ data and customized alerts to advanced‌ charting tools and educational resources, these platforms ⁣have everything you need to make informed trading‍ decisions. By leveraging these tools effectively,‍ you can increase your profitability and achieve your ‌trading goals. So,​ explore the various stock⁢ trading platforms available⁤ and⁢ choose the ⁢one that best suits your needs.

Making ​the Right‌ Choice: Recommendations⁤ for the ​Best Stock ‌Trading⁤ Platforms⁤ on the Market

Stock trading platforms⁤ are⁤ essential tools for⁣ traders⁤ looking‌ to make ⁣smart ⁢investment decisions ⁣and maximize their ‌trading success. With so many ‌options available on the market, it can be overwhelming‌ to determine ⁤which platform is the​ right​ one for you. To help you ‌make‍ the best choice,⁤ we have compiled a list of​ recommendations‍ for the best‍ stock trading platforms⁢ currently⁣ available.

1. TD Ameritrade

Known for its ‍powerful trading ⁢tools, TD Ameritrade offers a user-friendly platform ‍that caters⁣ to both beginner and‌ experienced traders. ‍With real-time data, customizable ‍charts, and a wide ⁤range of educational resources, TD Ameritrade is a​ great option ​for traders of all levels.

2. E*TRADE:

As one⁣ of⁤ the ‌pioneers in online⁤ trading, E*TRADE provides a comprehensive⁤ platform with ​advanced research tools ‌and ⁣a‍ wide​ selection of⁣ investment ​products. With its intuitive ‍interface, E*TRADE makes ⁤it easy to execute trades, access market insights, and⁢ manage ⁢your portfolio‍ efficiently.

3. Fidelity:⁣

Fidelity’s platform combines simplicity and ‌advanced features, making ​it ⁣a top⁣ choice for traders. With its excellent research and analysis tools, ⁢customizable dashboards, and a large selection of investment ​options, Fidelity‌ offers a robust trading experience.

4. Interactive ‍Brokers: ⁤

For ⁢active traders and professionals, ​Interactive​ Brokers is a standout platform. Offering low-cost ⁣trades and a vast range of⁤ trading options, it⁣ provides⁤ access to global markets‍ and advanced trading tools, including algorithmic ‌trading‌ and customizable order types.

When choosing ⁣a ⁣stock trading⁣ platform, ⁤it is⁣ important to consider factors such as ⁢usability,⁣ research tools,⁢ cost, and​ customer support. Identify your trading style and ⁤preferences, ⁢and ‍compare features and fees across platforms to⁢ find ‍the best fit⁣ for⁤ your needs. Well, folks, it’s time ⁣to⁤ wrap up our journey​ through the​ exciting​ world of stock trading platforms.‌ We’ve covered some‍ serious ‍ground, but‍ fear not, the ‍adventure doesn’t end here. With the ​knowledge⁢ we’ve gained and the tools we’ve explored, your trading success is‌ well within reach. It’s⁤ like having a supercharged engine to power ⁤your financial‍ dreams!

Remember, whether ⁤you’re a seasoned trader ‍looking to ​up your ​game or a ‍newbie taking ​your first‌ steps ⁣into⁤ the stock market jungle, the right‌ stock trading platform can be ‌your guiding light.‌ It’s the difference between ‌cruising smoothly‍ on‍ the ⁢highway of‌ success or getting lost in the labyrinth of​ missed opportunities.

Choosing​ the ⁣perfect platform is no ​easy task, but⁤ armed with our curated list of ‍the best tools out there, you’ll have ⁤the ‌upper hand. From lightning-fast⁢ execution⁤ to ⁢cutting-edge analytics,‍ there’s something for everyone. So,⁤ take your time to research, weigh your ​options, and​ find ⁢the ‌one that‍ suits your unique​ trading style like a glove.

But don’t​ forget, even the most‍ advanced platform won’t do all the‌ heavy lifting for ‍you.⁤ We’ve‌ said it⁣ before, and we’ll say it again – knowledge ⁤is power! Keep educating yourself, stay updated on market trends,⁣ and never⁢ underestimate‌ the ‌value of continuous⁣ learning. The world of stock ‌trading is a dynamic place, and‌ to keep up, ⁢you need to stay curious and adaptable.

So, my fellow⁢ traders, whether you’re aiming ⁢for financial⁤ freedom, the thrilling rush of the trading ⁣floor, or simply the joy of making your money work ‍for you ⁢–⁢ remember,⁢ it’s all within ​your grasp. With‍ the right‌ tools and⁣ the right‌ mindset, trading‍ success ‍can ⁤be yours. So ⁣jump in, explore, experiment, and ⁢may the stock market ⁢winds ‌blow you towards ‍victory!

Until next time, happy trading, and may your‌ profits⁣ soar higher than ever before! ‍

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List of Trading Platforms (Basic) https://mktplace.org/list-of-trading-platforms-basic/ Mon, 05 Apr 2021 15:33:27 +0000 https://mktplace.org/?p=45877

When it comes to trading platforms, independent traders are literally spoiled for choice with a huge range to choose between. Most brokers offer a range of platform options, often including the ubiquitous MetaTrader 4 or other advanced desktop platforms such as NinjaTrader, social trading platforms such as eToro’s OpenBook and FXCM’s Tradeo, and their own proprietary platforms. These proprietary platforms are either designed in-house or licensed from white-label providers such as Sirix, Currenex, or Saxo Bank, and it is this type of platform we shall be taking a look at today. If we’ve left any out, let us know in the comments box below and we’ll do our best to include them!

Ava Traderava

Avatrade’s own platform is available in three forms – desktop (for downloading to Windows PCs), web (for Mac, PC, and Java-enabled tablets) and mobile (for smartphones and tablets). It’s an easy-to-learn yet powerful platform that enables you to trade directly from charts, using any of over 30 built-in indicators to inform your trades, and also to test and implement auto-trading routines.

Vantage FX WebTrader

This basic, online-only platform is compatible with Mac and PC, and provides a range of useful features for the online trader. It’s user-friendly and intuitive interface allows for drag & drop customisation, one-click trading, and a range of real-time technical analysis tools. For those that require more advanced features, the platform can be easily integrated with Metatrader 4, and the platform is also available as an app for iPad, Android, and iPhone.

Sirix WebTrader

This is a non-proprietary web-based trading platform that is used by a variety of brokers, including Go Forex and Caesar Trade. Because it’s browser-based, you can access it with virtually any web-connected computer or device, and because it is designed to integrate with MT4, it can be the perfect solution for MT4 users who need to access their accounts when they are not at their own desktop computer. As well as full MT4 integration, it offers a number of advanced features of its own, such as built-in risk management and social trading.

CitiFX Pro

Investment banking giant Citigroup’s CitiFX Pro trading platform comes in desktop, web, and mobile versions, and combines ease of use with advanced functionality. While the interface is indeed slick and intuitive, it is the ability to tap into Citi’s award-winning research that makes this platform stand out. In addition, the platform offers a full range of stop order functionality, advanced charting, and one-click execution of trades.

One Financial Markets

Like many of the more recent entrants to the online trading arena, One Financial Markets has opted to make their own platform a browser or mobile-based effort that integrates fully with MetaTrader 4. These are nothing out of the ordinary, but they are reliable, intuitive, and work well as an adjunct to the more powerful MT4 for desktop computers.

OANDA FXTrade

Definitely this should always be among the most popular trading platforms. This browser-based platform is one of the slickest around, combining ease of use with relatively advanced functionality for a non-software solution. Just about everything you might need to do, from setting trade orders to using technical analysis tools can be achieved just by clicking on the graph. It’s a speedy interface, and there are keyboard shortcuts for every single function to save the trader valuable time.

Currenex

Currenex is a non-proprietary forex trading platform that is offered alongside MT4 by some brokers, including Hantec Markets and Alpari. There are two versions, Currenex classic, which is aimed at institutional investors, and Currenex Viking, which is designed for the independent investor. Both versions are very powerful indeed, with full implementation of scripts and algorithmic trading, detailed accounting and charting features, and fully integrated Straight-Through Processing (STP). While the browser-based version of the platform is the most widely used, there is also a downloadable desktop version and apps for mobile devices running on Android and iOS.

tradingstationFXCM Trading Station

Trading Station from FXCM is one of the most powerful and full-featured proprietary trading platforms for forex. Perhaps its main selling point is the availability of over 600 custom indicators, including fractal-based support and resistance lines, breakout indicators, and automatic Fibonacci/Gan level indicators. The powerful analysis tools allow for the backtesting of strategies, using historical market data, and strategy optimisation using a dedicated tool. There are also browser-based and mobile versions of the platform, but if you want to make full use of all the features, then you need the desktop version.

FXPro cTrader

This powerful ECN forex platform allows traders to access deep liquidity from some of the world’s biggest banks, including Morgan Stanley and Deutsche Bank, with No Dealing Desk execution. The interface allows charts to be detached, and snapshots can be taken, which allows for a great deal of flexibility and also easy sharing. Traders can access multiple accounts from within the platform, which is available in desktop, web, and mobile versions. As well as being easy to use, the platform also incorporates some advanced features such as algorithmic trading and a full range of technical analysis tools.

FOREXTrader PRO

This proprietary offering from Forex.com incorporates a number of advanced charting and analysis tools, including Autochartist pattern-recognition, trading signals from eSignal, and a custom-built strategy centre. For those that do not need all the features of the pro version, or are new to forex trading, there is a stripped-down version called FOREXTrader Lite that offers a much simpler interface with fewer features and functions.

TRADE

This platform from Forex.com differs from FOREXTrader PRO in many ways, offering fixed spreads, instant execution at the screen price, guaranteed stops, hedging, and over 300 currency pairs. There is no desktop version, as it is only available within your browser or as a mobile app. For technical analysis, TRADE offers Market DNA pattern-matching functionality, charting, and a strategy builder similar to that seen in FXPro’s cTrader.

SaxoTrader

As you might expect from a company that provides white-label solutions to some of the biggest names in trading, Saxo Bank’s own trading platform is one of the best in its class. Key features include extensive market analysis, direct communication with Saxo dealers, streaming news, and one-click execution. The layout can be fully customised (on desktop and web versions) and there is also a mobile version for use with smartphones.

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Forex Trading Platform: case of cTrader https://mktplace.org/forex-trading-platform-case-ctrader/ https://mktplace.org/forex-trading-platform-case-ctrader/#respond Mon, 12 Jan 2015 07:00:32 +0000 http://www.tradersdna.com/?p=32739

The cTrader platform, designed for Forex traders, is an insightful and precise, and user-friendly platform designed by Spotware. It offers top-level liquidity and a vigorous trading structure into the platform, with a fast and smart ECN connection. A fast ECN connection is what gives clients the edge when they compete in a cut throat Forex environment.

Spotware cTraders Platform dashboard, TradersDNA

Here are some of the benefits of cTrader:

A Fast and Effective Trade Execution

When you talk about Forex trading, timing is absolutely essential. A successful trade is only guaranteed if you’re fast and calculating. Spotware cTrader is an innovative platform that helps to fill in trade order in a matter of seconds. Moreover, with cTrader, you can easily and very quickly process all your orders simultaneously.

Level II Pricing

Another advantage of using cTrader is its ability to identify and display a variety of different executable prices straight from the liquidity providers. Using the VWAP (Volume Weighted Average Price), you can conveniently fill in all your orders using your trade book.

Precise Charting

The charting feature of the platform boasts a number of different options for you to use while trading in the Forex market. For example, you can use a variety of different presentation options, view information in any layout you want and alter any template you want.

Chart Trading

Another great benefit of the platform is it makes your trading experience a lot simpler. Using the platform’s interactive click and drag feature you can choose to open and close all your trade orders. Plus you can customize your own stop losses, calculate profits and minimize your orders.

In-Depth Analysis

You’d be surprised to know that cTrader provides you with all the customizable trading tools that guarantee a precise technical evaluation of all your trades. This may include factors such as common trade trends, oscillators, volatility analysis and line drawings. Additionally, via cPanel you will more easily be able to plot different objects and trade indicators.

Custom Indicators

Traders using cTrader can easily familiarize themselves with the algorithmic infrastructure which will help them develop their own indicators. In other words, cTrader offers the option for easily customizing your indicators for both manual and automatic trading. Developers can also designate different parameters and graphical integrations for different indicators.

Favorites Option

The ‘Favorites’ option in cTrader allows traders to bookmark their most desired currency pairs allowing them to conveniently access those pairs anytime they want.

QuickTrade Feature

The QuickTrade feature allows you to quickly access different trading charts. Combine this with the platform’s fast executions and you have a powerful tool helping you any fast trading market.

Multiple Accounts

Spotware’s cTrader allows traders to maintain an unlimited number of accounts. You can even designate each account with your preferred currency. Switching accounts is fast and easy.

Feedback Driven Updates

cTrader takes into account different feedbacks, especially when developers decided to launch new products. Now, as a trader using cTrader you will be able to directly control the dynamics of your trades using your account at cTrader. The feedback process is relatively easy and just by clicking the feedback tab on the platform you will be able to offer your suggestions and queries pertaining to any aspect you deem necessary on the platform. Upon completing your feedback, you will see that the process of launching feedback is automated and takes no time at all.

Charting Templates

Using Spotware’s cTrader, you will see that developing newer charting templates becomes easier. Furthermore, your templates are shared on cAlgo which means you will encounter zero problems upon switching templates between automated and manual trading.

Trading Sessions

When trading, the element of knowing which markets are open for trading around the world is critical. This way, you can optimize your trading strategies to determine a more favorable outcome. cTrader’s trading sessions give you an edge by instantaneously notifying you which markets are in session around the globe.

cAlgo Integration

Although cAlgo and cTrader are two different trading platforms Spotware’s developers have provided with an easy way to integrate the use of both platforms simultaneously. This way, traders can streamline their strategies and switch between manual and algorithmic trading easily.

Detachable Charts

Each chart on cTrader is designed to be separable, which means it can act as an impartial trading application on your desktop, allowing you to use options in full screen.

Concluding Thoughts

The cTrader platform is tailored for Forex traders that need to make quick trades with customizable options and features. Plus, with a user-friendly interface, you can even trade on the go, using the platform on your mobile device. All in all, there are few brilliantly designed Forex trading platforms and Spotware Systems’ cTrader is one of them.

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Top Innovative Investment and Trade Platforms: Pros and Cons https://mktplace.org/top-trade-platforms-pros-and-cons/ https://mktplace.org/top-trade-platforms-pros-and-cons/#respond Fri, 21 Nov 2014 07:00:58 +0000 http://www.tradersdna.com/?p=32575

When you talk about investment and trade platforms, it is important to do a comparison in terms of each vendor’s advantages and disadvantages. A good trading platform serves as a pinnacle for maintaining and balancing your trading portfolio, not to mention it also aids you in keeping your funds reinvested, offering services at reduced prices. This is especially important to consider if you have your holdings divided in various brokerages and accounts. The famous John Bogle once said,

“When there are multiple solutions to a problem, choose the simplest one.”

Managing your investment and trading portfolio using a computer is just not simple, but it’s smart as well and it can potentially increase your investment returns. Mentioned below are four of the best trading platforms with their respective pros and cons to help you decide which one(s) you should choose. So, here goes a summary of the best platforms with the details presented further below:

 

Vanguard

Pros

  • Amazingly reduced fee index ETFs along with mutual funds that don’t include a commission fee
  • Provides the benefit of automatically reinvesting your dividends
  • Useful online trading tools that can help you analyze and evaluate your entire trade portfolio which also includes external accounts as opposed to the broad market

Cons

  • User interface is not so user-friendly and might end up feeling bulky
  • Takes too long to transfer funds and switch between trading accounts in comparison to other platforms
  • Moving money and rebalancing your portfolio takes a bit of a manual input which does take considerable time especially if you’re managing multiple accounts
  • You will receive a lot of duplicative email pertaining to your accounts with Vanguard which can be really annoying

2. SigFig
Pros

  • SigFig is indeed a promising platform that has an interesting user interface with attractive visualizations
  • You can select from two different options, namely free evaluation and advice and automatic rebalancing at a fee of $10 per month

Cons

  • Although there is no doubt about the beauty of its interface, where it lacks is functionality. The interface feels too traditional when used and appears to emphasize on short period returns
  • Constant emailing can be irritating
  • A lot of screen space dedicated to short-term returns and real estate

3. Future Advisor
Pros

  • A pleasant user interface
  • FutureAdvisor also provides a view of all your investment which you are holding in different accounts
  • Offers two different accounts, like SigFig
  • Automatic tax-loss harvesting
  • FutureAdvisor enhances your current holdings (in contrast to liquidation and reinvestment)

Cons

  • Because of the fact that FutureAdvisor altered its models a couple of times over the years, it also charges an account management fee which is 0.5% more than other providers
  • A lacklustre customer support system, you may or may not get a reply from them pertaining to a query, complain and or an enquiry
  • Irritating emails about short-term profits
  • A non-transparent methodology in terms of your portfolio

4. Wealthfront
Pros

  • A visually pleasing interface, not to mention easy to use
  • Offers different portfolios for both IRA and other taxable accounts
  • Provides free management of your first $10k
  • Automatic tax-loss harvesting which can be useful for investors
  • Wealthfront has control of more assets than any other provider mentioned here
  • Reduced fee (0.25%)
  • A transparent system

Cons

  • For $100k accounts, the fee charged is higher compared to other packages
  • Minimum of $5k to register an account with Wealthfront
  • You have to create your account first in order to look at their internal interface

5. Betterment
Pros

  • A good website design and smart user interface
  • Depending on the type and size of your account, you can enjoy reduced fee up to (0.35% to 0.15%)
  • You can also choose to invest in fractional shares
  • Betterment ranks 2nd of the platforms in terms of number of customers
  • A transparent portfolio style
  • No initial deposits
  • Impressive foundational philosophy with a focus primarily on long-term returns and automation of trade
  • Offers automatic tax-loss harvesting
  • As of 20th of July this year, Betterment also offers an enhanced bond mix for accounts which are taxable for example IRA accounts

Cons

  • Betterment offers no REIT ETFs

All in all, these are five of the best platforms with their pros and cons to help you select the one that suits your needs the best.

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How Wealthfront became the Fastest-Growing $1 Billion Investment Service https://mktplace.org/how-wealthfront-became-the-fastest-growing-1-billion-investment-service/ https://mktplace.org/how-wealthfront-became-the-fastest-growing-1-billion-investment-service/#respond Tue, 18 Nov 2014 07:00:33 +0000 http://www.tradersdna.com/?p=32552

Wealthfront is an automated investment company founded by Andy Rachleff and Dan Caroll in 2011. And in two and a half years, the firm has managed to accumulate over $1 billion in assets under their direct supervision. Wealthfront is working with some big players in the industry, like Benchmark Capital, DAG Ventures, Index Ventures and The Social + Capital Partnership.

The Millennial Investor

The company capitalizes on a new generation of traders and investors. In the US, there are over 90 million millennial investors, which if you combine, have a net worth of over $2 trillion. This number is estimated to grow by $7 billion after four years. This new generation of traders has a new outlook on trading with a completely different style, attitude and method of trading.

Continuous Innovation

Wealthfront achieved their success solely due to investing in research and technology and that is why the company went on to become the fastest growing. With incredible features like Daily Tax Loss Harvesting which was introduced in 2012, Wealthfront.ort in September 2013, the Wealthfront 500 in December 2013 and their Single Stock Diversification Service which they launched in April this year. The fact of the matter is using powerful software for managing investments and trading can give you one critical advantage, and that’s the benefit of evolving into something bigger and better.

Wealthfront has managed to achieve their success by catering to a niche market which comprises of wealthy traders and investors. They cater their high value online trading services to improve their trading and to pretty much automate everything. Here are some of interesting benefits Wealthfront offers its clients:

Benefits

Great Index Funds

Wealthfront’s service depends on consistent and accurate research which in turn helps index funds to considerably optimize their performance. Wealthfront uses ETFs to monitor 11 biggest asset classes which make up their portfolio. Every ETF is picked and selected by their team of expert financial analysts on the basis of cost, performance, tracking difficulties, market liquidity, lending policies, etc.

Tax Efficiency

Wealthfront is perhaps the only investment service which provides its customers all five tax reducing opportunities in the industry, which include:

1. Index Funds

Different from actively supervised mutual funds, index funds, on the other hand, have a lower annual turnover, which also means you get to pay less in capital gains taxes.

2. Smart Dividend Investing

Using dividends through your investment portfolio adds a bit of balance which also leads to reduced sales in a given year. This means you have to pay less in realized capital gains taxes.

3. Tax Location

All customers get to choose different asset classes and provisions for both retirement and taxable accounts which enhances their performance after taxation.

4. Daily Tax Harvesting

You can choose to get more benefits by subscribing to Wealthfront’s Daily Tax Harvesting if you have $100,000 or more invested in the market.

Tax Optimized US Index Portfolio

Client who have $500,000 invested in a taxable account, or if they have more than this amount invested can seek the advantages of the Tax Optimized US Index by identifying losses and gaining from them in the S&P 500.

Both the abovementioned products can increase your investment portfolio’s after tax return significantly, which can be up to 1.6%.

Expert Software Engineers

Another thing which might interest you is the fact that Wealthfront’s software team comprises some gifted individuals recruited from a range of top companies like LinkedIn, Facebook, Google, Apple and Twitter.

All in all, Wealthfront has made it big as an automated investment service and employs the use of cutting edge technology to serve the needs of its clients.

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Top 10 Equity Crowdfunding Platforms https://mktplace.org/equity-crowdfunding-platforms/ https://mktplace.org/equity-crowdfunding-platforms/#respond Tue, 07 Oct 2014 06:00:04 +0000 http://www.tradersdna.com/?p=32223

Equity crowdfunding, also known as crowd investing, is a growing and constantly evolving substitute for companies that would like to sell equity in small quantities to a larger number of investors via online platforms. It was ten years ago when equity funding was introduced in the US and is still a rather fresh crowdfunding alternative. The chief objectives of these and previous crowdfunding platforms was to aid charitable companies, NGOs and artists to finance their projects by making them known to other investors and stakeholders which is known as the (crowd), through online platforms.

Today we observe steady growth in crowdfunding, with major growth in specific industries.

Thus, there was this influx of online crowdfunding platforms which were set up in between 2000 and 2010, platforms like Kickstarter (2009) and ArtistShare (2000). Compared to the traditional contribution processes associated with crowdfunding, equity crowdfunding is still under the regulatory microscope and a number of barriers. This is mainly due to the fact that soliciting funding and investments from the general public is illegal. That is, unless there has been a prospectus filed with the concerned securities authorities.

In April 2012, US President Barack Obama made a conscious effort to smoothen the process of investing in the US by approving the JOBS Act legislation, which (a variety of different rules and regulations) permits equity crowdfunding platforms to crowdsource a year ago. And as a direct result, there have been a number of new and old platforms which have emerged strongly. Mentioned below are some of the top equity crowdfunding platforms you can use:

Crowd Cube

Crowd Cube was launched back in 2011 by a UK-based company. Crowd Cube is considered to be a strong platform and is used widely across Europe. The platform’s main developers are Luke Lang and Daren Westlake and since its advent, 30 enterprises have successfully been able to generate equity using Crowd Cube.

Grow VC

Grow VC, which stands for Grow Venture Community, is a worldwide crowdfunding online platform providing an active crowdfunding community amidst a number of entrepreneurs and investors. The main focus of the platform is to aid start-ups to create their teams and generate funds which can run up to $1 million.

Grow VC defines itself as an encompassing and expanding ecosystem nurturing entrepreneurs and allowing them to connect with other experts, new team players, funders and with new clients and partners. In the Grow VC community, clients and members are responsible for building their own profiles. However, whatever they do is tracked. Today, Grow VC has more than 50 employees with its headquarters situated in Hong Kong.

Kickstarter

Kickstarter is another equity crowdfunding platform which encourages creative projects to emerge via donations and funding. The project can be anything, for example there can be an art installation, an innovative watch or a music album. However, Kickstarter is not meant for business causes, charities, and personal financing. And over the years, the online platform has experienced tremendous growth.

Indiegogo

While Kickstarter focuses more on creative projects which have to be first approved on the website, Indiegogo encourages fundraising campaigns for almost everything, including music, personal finance, hobbyists and charities. However, it is not meant for investments and due to their heightened flexibility, they have progressed extremely well and grown considerably.

Crowdfunder

Crowdfunder is an excellent online platform for generating investments (no rewards) and is considered to have the largest number of investors of any platform. On top of that, it is a rapidly growing company. Gaining immense popularity, the company also featured on Fox News as a top-notch crowdfunding company primarily because a story pertaining to another company which exited Crowdfunder with $2 billion.

RocketHub

RocketHub operate a powerful donation-based crowdfunding platform for a number of creative and curative projects. The thing that is unique about this online crowdfunding platform is their FuelPad and LaunchPad programs which significantly aid campaign owners and marketing/ promotion partners to interconnect with each other, allowing them collaborate to form successful techniques for the promotion of the campaign.

Crowdrise

Crowdrise is another crowdfunding platform which solely operates for causes and charities. Moreover, they have managed to successful attract a number of community do-gooders to work towards inspiring needs and causes for the betterment of the world.

Somolend

Somolend is a website designed for small business lending. Based in the US, Somolend provides qualified small businesses with debt-based funding and investments cope with their operations and revenue. The equity funder has also teamed up with banks to give out loans as well being instrumental in providing help for businesses to employ their family members and friends. Having Midwest roots along with a driven and commanding founder who was also a strong participant in the JOBS Act legislation, the company had expanded into different cities and states in the US.

Appbackr

As the name suggests, this is a platform which encourages talented developers to come and get the funding they require to design and develop promising smartphone applications. They provide initial funding for developers to get their projects off the ground.

Invested.in 

In order to use the services of Invested.in, it is imperative that you create your own crowdfunding community to support the contributions based fund generating for a particular group or niche in the market. Based in Venice, California, Invested.in is a top-notch white label software tools provider to help you start and grow your own business.

So, these are some of the best equity crowdfunding platforms you can go to for fulfilling the requirements of your project or small business.

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