Whotrades

This article is about the financial company. For the method of trading, see electronic trading.
WhoTrades
Private
Industry Financial Services
Headquarters New York City
Products Stocks, Options, Futures, ForEx, CFDs, and Bonds
Website www.whotrades.com

WhoTrades is a financial services company with offices around the world. It serves as a Social Network, Trading Academy and Online Brokerage Company for traders and investors. Users can buy and sell stocks, options, commodities, indexes and currencies via web-based and desktop electronic trading platforms. Blogs and trade-sharing tools make up the social aspect of the WhoTrades website.

WhoTrades is regulated by the NFA, the Financial Industry Regulatory Authority (FINRA), and CySEC.

History

WhoTrades was founded in 2010. WhoTrades initially targeted traders from the US, Germany, India, China and Thailand. As interest increased in other regions, service was expanded to Northern Africa, the Middle East, Latin America and Malaysia. In 2012, WhoTrades received an influx of users when it merged with the already popular Russian social network Comon.ru. Today, the website is available in 21 languages and 151 countries.

Trading services

WhoTrades offers access to the world’s leading stock exchanges, as well as Forex and CFD markets. Users can trade their own accounts or copy expert traders with the Chain Trading feature. With this service, traders can duplicate the performance of the best traders in the network.

In 2013, WhoTrades launched the Distance Learning Services, an interactive education program that allows new investors to gain the knowledge necessary to trade.

On Feb. 26, 2015, WhoTrades. Inc, acquired the Just2Trade and LowTrades brands from Washington D.C.-based online securities broker Success Trade Securities, Inc. for an undisclosed amount.

Social media features

With a Blogs dashboard, users can view hundreds of market forecasts and trading advice published by independent analysts in different languages. Any member can contribute to blogs and partake in the learning process.

References

    This article is issued from Wikipedia - version of the Tuesday, March 03, 2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.