“The combination of KnowVera’s educational and proprietary charting tools with DriveWealth’s low cost trading platform provides unmatched capabilities to global retail investors.”
Chatham, New Jersey (PRWEB) May 14, 2015
DriveWealth Technologies, LLC (“DriveWealth”) is pleased to announce its partnership with KnowVera, a financial technology company that provides education and technical analysis software, to offer financial pattern recognition courses and proprietary charting tools, to DriveWealth customers.
KnowVera created its own pattern recognition technology for day traders and institutions. In its exclusive relationship with DriveWealth, KnowVera will provide its pattern recognition software and educational content and videos to DriveWealth customers at an affordable price.
DriveWealth is also partnering with KnowVera to support the back-end functionality of two stock market games that will be released by Ronin Game Studios, a subsidiary of KnowVera. Both games seek to bring the Wall Street experience to users via their desktop, tablet, or mobile device. King of Trading, which will be released in late May 2015, is a fantasy stock market trading game of skill that will allow users to apply their skills and knowledge by competing against other players in a real world, real time, stock market simulation to win real cash prizes. The first of its kind, King of Trading will bring the rush of the trading floor right to a desktop, tablet or mobile device. Battle for Wall Street, set to be released in June 2015, will take users on an unpredictable adventure as they try their luck at becoming the next Titan of Wall Street. A life simulation game, players will start their own virtual firm, which requires everything from constructing the trading floors and purchasing the coffee to hiring and managing the day-traders.
Through its alliance with KnowVera, DriveWealth will further its efforts to educate individuals around the world about investing and help them save for their financial futures.
“As a partner in KnowVera with 32 years of trading experience,” said Stephen Kalayjian, COO and Partner of KnowVera, LLC “I am proud to be working with DriveWealth to create an extensive educational course on trading and pattern recognition. The course, which will be offered exclusively to DriveWealth customers, will help investors learn how to make investing decisions based on patterns in price trends.”
“DriveWealth gives global retail investors access to US listed Securities and educational content that can help them make smarter investing decisions,” said Robert Cortright, founder and CEO of DriveWealth. “By collaborating with KnowVera, DriveWealth can give investors access to advanced trading education.”
“We are extremely excited to be partners with DriveWealth,” said Harry Temkin, CEO and Partner of KnowVera, LLC. “The combination of KnowVera’s educational and proprietary charting tools with DriveWealth’s low cost trading platform provides unmatched capabilities to global retail investors.”
About DriveWealth, LLC (Broker-dealer affiliate of DriveWealth Technologies, LLC):
DriveWealth, LLC, member FINRA and SIPC, is a mobile-first, full-carrying broker dealer that provides access to US listed securities for investors worldwide. DriveWealth also partners with businesses around the world to offer its Brokerage as a Service platform, which allows global financial institutions to give their clients access to US listed securities.
For more information, visit http://www.drivewealth.com.
Leaders in generating new trading ideas, KnowVera utilizes leading edge technology and expert service to deliver superior market intelligence and exceptional trading results. Since 2006, KnowVera executives, led by recognized industry experts, have been providing market research and commentary. Their proprietary algorithmic trading platform, allows traders to create, test and execute an unlimited number of technical and quantitative trading strategies, not in weeks with a team of PhDs, but in minutes or hours.
For more information visit http://www.knowvera.com
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 no minimum account balance 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.