Why Pro-Traders are Switching to TradeUP
Know why most Pro-Traders are switching to the TradeUP platform. Know what features of this trading platform are attracting the top traders in the US market and if they make sense to you to make a switch to a better trading platform.
Investors, financial analysts and pro-traders are on the lookout for lucrative choices, especially with the influx of NFTs and cryptocurrencies. In recent times, many pro-traders are seen switching to TradeUP, a mobile application that seeks to simplify investors' experience in the stock market. This article is an overview of the possible reasons why pro-traders are shifting to TradeUP.
• Mobile Friendly
One of the first reasons is that TradeUP is a mobile application available on all devices including Android devices, iOS and iPadOS. Thus, the mobile version of TradeUP can be downloaded from the App Store or Google Play. The mobile application is relatively easy and offers users insights into the market trends, initiating trades and monitoring daily activities of the users.
• IPO Subscriptions
Another defining feature that has managed to grab the attention of many pro-traders is IPO subscriptions. TradeUP offers its individual investors to invest in companies at the initial public offering price, that is, without any additional fees or commission before the share are traded on a stock exchange. However, investors are required to fulfill TradeUp's criteria in order to qualify for IPO subscriptions.
• Discover Feature
The golden rule for any investor in a stock market is to conduct thorough research before making informed choices in the trade. Catering to this function, TradeUP has come up with Discover Feature that monitors all types of global news that are likely to impact the financial sector including any political meltdown or an important business takeover. Additionally, this feature tracks a list of the top 100 most active stock exchanges and presents it in a comprehensive fashion so that investors can use this information to their benefit.
• Screener and Watchlist
The screener is a useful feature that offers investors a narrowed list of the stocks they seek to search. For instance, users looking for stocks valuing less than $50 or stocks with a return on asset percentage of more than 8%. Hence, a screener allows them to look for stocks according to their inputs.
A watchlist allows users to attach their favorite stocks to one list and monitoring one's performance at the same time. This helps investors have an upper edge over their competitors by getting access to free real-time stock quotes at any time.
• Paper Trading Account
Paper Trading Account seeks to create a hassle-free process for users who are new to the market and veterans who are still in the process of getting themselves familiar with trading on an app-based platform. The paper account is not only free but it allows users to begin with $100,000 in virtual cash in the fictional account. So, if the users commit any mistakes, they can reset the amount and start over.
• Heat Map
Heat Map provides investors with a customizable list of stocks that are related to their business investments. It is an extensive tool used for exploring novel trading opportunities quickly and easily.
These features make TradeUP a user-centric application and are a few reasons for its immense popularity among budding investors.
Warning: Electronic trading involves risks to investors and the contents of this article shall not be considered a recommendation for the purchase or sale of securities and investment products. System response and access times may differ due to the market volatility, trade executions and system performance.
TradeUP: TradeUP is a trading platform instead of a broker or dealer, its brokerage services are provided by Marsco Investment Corporation.
Marsco Investment Corporation: Marsco Investment Corporation ("Marsco") is a registered brokerage firm at SEC (CRD: 18483; SEC: 8-36754), a member of FINRA/SIPC and a member of DTC/NSCC, regulated by the US Securities and Exchange Commission and Financial Industry Regulatory Authority. Check the background on the firm on FINRA's BrokerCheck (https://brokercheck.finra.org).
Not Advice: The information contained in this material is for informational purposes only and is not intended to provide professional, investment or any other type of advice or recommendation, or to create a fiduciary relationship. Marsco does not make any representation or warranty, express or implied, regarding the accuracy, reliability, completeness, appropriateness or sufficiency for any purpose of any information included in this material. Certain information may have been provided by third-party sources and, while believed to be reliable, has not been independently verified by Marsco, and its accuracy or completeness cannot be guaranteed. You should not make an investment decision in reliance on this material, which is based on information that is likely to change without notice.
IPO Investment Risk: IPO is a high-risk investment, the investors may lose a lot of principal when subscripting IPOs. The service is provided by Marsco's affiliate, US Tiger Securities, Inc. which is an US registered Broker-Dealer.
Not An Offer or Solicitation: Nothing contained in this material is, or should be construed as, an offer, a solicitation of an offer or an invitation to buy or sell any security or derivative, and it is not intended for distribution in any jurisdiction where such distribution would be contrary to law.
Risk of Loss. Securities and derivatives transactions involve the risk of loss, including loss of principal. You should weigh potential benefits against the risks. Past performance is no guarantee of future results.
Not a Valuation: This material is not an official valuation of any security or derivative mentioned herein. Any pricing information provided is indicative only and does not reflect a level at which Marsco may be prepared to execute a trade; nor is it intended to demonstrate actual results that may be achieved by any transaction.
Electronic Trading: Electronic trading poses unique risks to investors. System response and access times may vary due to market conditions, system performance, and other factors. Market volatility, volume, and system availability may delay account access and trade executions.