TipRanks is teaming up with online brokerage TradeStation to provide more firepower to investors in these challenging economic times.
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The new strategic integration will allow investors to trade equities and equity options directly through TipRanks’ platform, exclusively via TradeStation. Thanks to the relationship, investors will simultaneously access TipRanks’ data-driven analysis and TradeStation’s trading capabilities.
All TipRanks’ Smart Portfolio users need to do is open and fund a TradeStation brokerage account from the platform to begin trading. TradeStation said users will have access to a special brokerage-exclusive cash offer by entering the promo code: TPRKAGMN. You can learn more about the terms and view other important disclosures by visiting www.tradestation.com/promo/tipranks.
When signed up, TradeStation will provide users with access to a range of trading services including stocks, options, ETFs, mutual funds, futures and bonds. It offers commission-free trading for stocks and ETFs, direct market access and automated strategy tools.
In addition, the company provides a built-in simulated trading environment for strategy testing, developer-friendly APIs and proprietary coding language.
Uri Gruenbaum, CEO and Co-Founder at TipRanks, said, “This integration combines TradeStation’s sophisticated brokerage solutions with TipRanks’ data-driven analysis and insights. It will enable the decision-making of traders and investors on both platforms, while also continuing to help the retail investor community at-large.”
John Bartleman, President and Chief Executive Officer of TradeStation Group, added that working with TipRanks will help active investors “take advantage of impactful insights and seamless execution through one experience to make smarter, faster decisions.”
The integration comes at a pivotal time for retail investors trying to navigate difficult market conditions as a result of a raft of economic and geopolitical shocks this year.
TipRanks and TradeStations’ tie-up will provide these hard-pressed investors with another tool to help both bolster and build their portfolios in the years ahead.