DriveWealth Launches Atlas Platform- Sophisticated Platform, Simple Pricing
Chatham, NJ (PRWEB) April 30, 2015 -- DriveWealth, LLC (“DriveWealth”) is pleased to announce the launch of its advanced platform, Atlas, through a partnership with ActTrader Technologies, Inc (formerly ActForex Inc.).
ActTrader is a leading global provider of customizable, high end trading platforms, which have been used by millions of retail traders in over 100 countries. Through its partnership with ActTrader, DriveWeath is able to offer seasoned investors worldwide advanced trading features at the affordable price of $2.99/trade ($4.95 in China).
DriveWealth Atlas allows customers to fully customize their investing experiences. Users can select from a broad range of sophisticated charting tools and analysis capabilities to implement technical trading strategies. The platform offers algorithmic trading in two ways: investors can code their own algorithms or utilize the code-free Visual Algorithmic Trading tool. Algorithmic trading allows users to construct strategies within the charting feature that will automatically open/close positions, remove orders, and execute stop/limit orders once certain criteria are met. In addition, customers can back-test strategies before they decide to implement them. Atlas also includes an RSS news feeder that enables investors to view their news items and portfolio simultaneously, making it easy to react to market events.
The DriveWealth Atlas platform will initially be available as a downloadable desktop platform. The company plans to release a mobile version of Atlas later this year.
“It’s always been DriveWealth’s mission to provide retail investors worldwide with access to the US equity market in an application that’s easy for them to use,” said Robert Cortright, founder and CEO of DriveWealth. Cortright went on to say “We are excited about our partnership with ActTrader, and we believe the launch of our Atlas platform will allow us to reach more investors and help them to personalize their investing experiences. We can provide investors, new and seasoned alike, with an investing platform to suit their needs.”
About DriveWealth:
DriveWealth, member FINRA and SIPC, is a mobile and global full carrying broker dealer for retail investors. DriveWealth provides a low cost, easy to use investing platform to individuals worldwide.
About ActTrader:
ActTrader Technologies, Inc. is a US Wall Street based company providing leading-edge trading technology solutions for a multitude of FCMs, Forex Brokers, Broker/Dealers, Introducing Brokers, Money Managers and financial institutions worldwide since 2000. ActTrader and ActTrader logos are trademarks of ActTrader Technologies, Inc.
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DriveWealth, LLC • Member FINRA/SIPC.
Member of SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). Explanatory brochure available upon request or at http://www.sipc.org.
Investment Products: Not a Deposit • Not FDIC Insured • No Bank Guarantee • Not Insured by any Federal Government Agency • May Lose Value.
DriveWealth is a mobile investing platform for individual investors that offers a selection of Exchange Traded Funds (“ETFs”) and US listed stocks. DriveWealth also offers free educational content to help investors understand finance and investing basics.
You must be at least 18 years of age and comply with our “Know Your Customer” requirements in order to open a live investing account with DriveWealth.
There is a $50 minimum initial deposit required to open a live investing account. Fees and Expenses associated with the DriveWealth platform include $2.99 ($4.95 in China) commission per transaction. There are no monthly minimum fees, or required ongoing minimum account balance. For non-resident aliens, there is a one-time tax verification fee of $5.00 (representing Form W-8BEN pass-through processing cost).View a full list of our fees at http://bit.ly/DWFees
DriveWealth's commission charge of $2.99 ($4.95 in China) per transaction is among the lowest of all online brokers, based on Barron's survey of online retail brokers (March 15, 2014).
All investing carries risk. Past performance is not indicative of future returns, which may vary. Investments in stocks and ETFs may decline in value, potentially leading to a loss of principal. Online trading has inherent risk due to system response and access times that may be affected by various factors, including but not limited to market conditions and system performance. An investor should understand such facts before trading. The risks associated with investing in international securities, including US-listed ADRs and ETFs that contain non-US securities include, among others, country/political risk relating to the government in the home country; exchange rate risk if the country's currency is devalued; and inflationary/purchasing power risks if the currency of the home country becomes less valuable as the general level of prices for goods and services rises.
Before investing in an ETF, an investor should consider the investment objectives, risks, charges, and expense of the investment company carefully. The prospectus contains this and other important information about the investment company. You should read the prospectus carefully before investing. You may obtain a copy of the prospectus at drivewealth.com/explore/products.
Symbols, images, price, and volume data which are shown within this website are for illustrative purposes only and do not constitute a recommendation by DriveWealth to buy or sell a particular security.
Practice Accounts are available to all users risk free and at no cost to the user. Practice accounts are to be utilized for educational purposes only. Practice accounts are funded with virtual dollars, not real dollars, which means that a user can neither gain nor lose money.
Nicole Dugan, DriveWealth, http://www.drivewealth.com, +1 973-559-6754, [email protected]
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