TheUS-based multi-asset brokerage platform Tradier, has announced the launch ofits new Futures Trading offering, marking a significant expansion into therapidly growing derivatives market. The new service, currently in beta version,is expected to have a full launch in April.
The transition occurs amidst growing demand from active retail traders for a more modern,trader-centric alternative to the existing, often archaic, retail futuresbrokerages. According to the Tradier's press release, many traders haveexpressed frustration with the lack of digitization, poor customer service, andconfusing pricing plans offered by traditional brokerages.
Tradier'sFutures Trading aims to address these concerns by providing traders with auser-friendly platform and low-cost pricing models. Additionally, the offeringwill integrate with popular trading tools, giving traders more choice andfunctionality. According to the company's website, futures offering will startfrom $10 per month and fees from $0.75 for micro futures and $1.50 for E-minis.
"Weare thankful to all the traders, back-office firms and partners that haveworked hard on the launch of our Futures offering since early of 2023," saidTrey Lazzara, The SVP of Futures at Tradier.
Tradier'sFutures Trading offering is being launched through a partnership with TradierInc and its subsidiaries and partners, including Lazzara Consulting, DBA asTradier Futures, a subsidiary of Tradier Inc and a member of the NationalFutures Association.
"It'stime to bring a Trader First mentality to the market like we and our partnershave always done," added Dan Raju, the CEO of Tradier. "We are expandinginto futures with our unique approach to distributing brokerage services, andinnovative pricing models that our community has been requesting."
According to Raju, Tradier is expecting approximately 15% of its existing trader community to engage in futures in the first year. "While less than 10% of our equity accounts are international, we are expecting a much larger mix of international accounts with Futures," he explained.
Tradier's Fundingand Market-First Platform Launch
Nearly ayear ago, Tradier successfully raised $24.6 million through a Series B fundinground. This round was notably led by PEAK6 Strategic Capital, based in NewYork, and witnessed contributions from existing investors, such as F-PrimeCapital and KF Business Ventures. The influx of new funds has poised Tradier toenrich its platform with advanced features, live content, and more tailoredservices aimed at traders and partners alike.
The impactof these developments became evident in August when Tradier unveiled a new hub.This hub is dedicated to offering live educational sessions facilitated by financialleaders such as Brian Overby, Kirk Du Plessis, and Kevin Luthringshausen,marking a significant milestone in providing value-added services to its users.
Independent European research has shown that investment firms would readily offer futures and options instead of CFDs as an alternative to the increasingly severe restrictions.
TheUS-based multi-asset brokerage platform Tradier, has announced the launch ofits new Futures Trading offering, marking a significant expansion into therapidly growing derivatives market. The new service, currently in beta version,is expected to have a full launch in April.
The transition occurs amidst growing demand from active retail traders for a more modern,trader-centric alternative to the existing, often archaic, retail futuresbrokerages. According to the Tradier's press release, many traders haveexpressed frustration with the lack of digitization, poor customer service, andconfusing pricing plans offered by traditional brokerages.
Tradier'sFutures Trading aims to address these concerns by providing traders with auser-friendly platform and low-cost pricing models. Additionally, the offeringwill integrate with popular trading tools, giving traders more choice andfunctionality. According to the company's website, futures offering will startfrom $10 per month and fees from $0.75 for micro futures and $1.50 for E-minis.
"Weare thankful to all the traders, back-office firms and partners that haveworked hard on the launch of our Futures offering since early of 2023," saidTrey Lazzara, The SVP of Futures at Tradier.
Tradier'sFutures Trading offering is being launched through a partnership with TradierInc and its subsidiaries and partners, including Lazzara Consulting, DBA asTradier Futures, a subsidiary of Tradier Inc and a member of the NationalFutures Association.
"It'stime to bring a Trader First mentality to the market like we and our partnershave always done," added Dan Raju, the CEO of Tradier. "We are expandinginto futures with our unique approach to distributing brokerage services, andinnovative pricing models that our community has been requesting."
According to Raju, Tradier is expecting approximately 15% of its existing trader community to engage in futures in the first year. "While less than 10% of our equity accounts are international, we are expecting a much larger mix of international accounts with Futures," he explained.
Tradier's Fundingand Market-First Platform Launch
Nearly ayear ago, Tradier successfully raised $24.6 million through a Series B fundinground. This round was notably led by PEAK6 Strategic Capital, based in NewYork, and witnessed contributions from existing investors, such as F-PrimeCapital and KF Business Ventures. The influx of new funds has poised Tradier toenrich its platform with advanced features, live content, and more tailoredservices aimed at traders and partners alike.
The impactof these developments became evident in August when Tradier unveiled a new hub.This hub is dedicated to offering live educational sessions facilitated by financialleaders such as Brian Overby, Kirk Du Plessis, and Kevin Luthringshausen,marking a significant milestone in providing value-added services to its users.
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Independent European research has shown that investment firms would readily offer futures and options instead of CFDs as an alternative to the increasingly severe restrictions.
