Trade App is a social, commission-free brokerage app from Stocktwits that makes it easy to share the trades you love with the people you want. Stocktwits believes sharing has the potential to transform the way you invest. With Tradecasting, they make it simple and fun for you to tell the story of your investing journey - through every trade you make, and every moment you think matters. With Trade App, you can invest commission-free in full and partial shares of the companies you care about.
How you make money
Through TradeApp, you can invest commission-free in full or partial shares of your favorite companies. With fractional trading you are able to purchase partial shares in over 1000 stocks with as little as $5. You can earn a return through buying and selling these investments which may result in capital appreciation. In addition, there are certain investments on the platform that offer Dividends.
Capture, share, and learn from every moment of every trade you make with Tradecasting, the revolutionary feature that allows you to share your trades with videos, text and illustrations. You are able to follow other traders and watch them trade in real-time, while controlling who sees yours.
How TradeApp makes money
TradeApp offers commission free trading and no management fee. They likely make money in several different ways:
- Rebates from market makers and trading venues: Market makers (typically big institutions/funds) buy directly through the brokers to have discounted purchases. For that ability, the market makers pay a rebate to the brokerage to receive their orders . The brokerage sends your orders to the market maker that is most likely to execute at the best price for you and makes a few cents on each trade.
- Income generated from cash: They borrow the cash sitting in your account and invest it into interest earning accounts and keep the profit.
- Stock loan income from counterparties: They receive interest for loaning out shares for short sales.
Is it safe?
ST Invest LLC (d/b/a Trade App) is a wholly owned subsidiary of StockTwits, Inc. StockTwits was founded in 2008 and has raised over $43 million in funding through multiple rounds, most recently raising $30 million in a Series B in December of 2021.
ST Invest LLC is a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC), which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash).
All investments involve risk and the past performance of a security or financial product does not guarantee future results or returns. The value of your investment may fluctuate over time, and you may gain or lose money. While diversification may help spread risk it does not assure a profit or protect against loss in a down market. Investors should consider their investment objectives and risks carefully before investing.