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Screenshot of a breaking news alert e-mail from Q2 2017
New online brokerage firm Tradovate, LLC announces today that the company is now launched and accepting business.
Tradovate offers flat-rate membership fees, getting rid of the industry-standard commission structure. Its cloud-based platform is accessible from any device, operating system or browser. Tradovate is also offering a two-week free trial to enable prospective clients to use the technology on their own devices, trading in simulation based on real-time market data.
The Tradovate team already has extensive experience in developing user-friendly technology that has been widely adopted in the futures space. Tradovate Holdings, LLC Founder and CEO Rick Tomsic founded Open E Cry, LLC in 2001 and served in various senior executive roles at optionsXpress, Charles Schwab and Gain Capital Holdings Inc (NYSE:GCAP). Ryan Hansen, Tradovate President, held leadership positions within the futures and FX trading industry at firms including Gain Capital and Open E Cry.
Tradovate Holdings, LLC Founder and CEO Rick Tomsic comments:
“We set out in 2014 to offer a seamless, simplified approach to futures trading for active traders, representing a fundamental shift in the way business is done. We’ve introduced next generation, cloud-based technology so clients can trade with high-quality execution from any device. Typically commissions represent over half the total cost of a trade. Through our flat-rate, commission-free membership structure, we’re giving traders the ability to control and greatly reduce their transactional costs.”
Ryan Hansen, Tradovate President, said:
“Self-directed traders want easy-to-use trading platforms that offer terrific functionality, speed and reliability. We have not only those critical features, but cloud-based technology that provides the ability to trade on demand from anywhere – on a mobile phone, tablet, laptop or desktop – 24/7, without any platform fees. As futures trading is all about transparent markets, it’s time for a new model in the futures space that brings transparency to the relationship and makes the brokerage firm the client’s partner.”
You can view the full announcement from Tradovate by clicking here.