Firstrade Integrates Trading Central’s AI Analytics Into Mobile Trading Platform
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Firstrade’s mobile app users are about to get more helpful tools for analysis. The online trading platform is working more closely with Trading Central to add the company’s investment research tools to its mobile app.
As part of the alliance, a range of Trading Central tools will be added to Firstrade’s mobile app such as thematic portfolios, TC Market Buzz, and Technical Insight.
The Tools Help Users Follow Market Trends And Increase Their Portfolios
The Chief Executive Officer of Firstrade, John Liu noted that a lot of traders are looking for a single platform where they can research, trade, and connect with other traders. He added that the company is providing a solution that lets users get to know more about market dynamics, increase their portfolios, and invest sensibly.
Technical Insight identifies price changes and market trends using chart patterns. The thematic portfolios feature gives users the ability to check out groups of stocks organized by different areas, industry topics, and current events. TC Market Buzz looks at news and social media, giving traders scores on how people feel and tips on when to buy or sell.
Early this year, Firstrade teamed up with Trading Central to give clients access to several analytical investment tools. At that period, the tools were only available to users on the desktop platform, and now, people who prefer the mobile application can use them.
The Chief Executive Officer of Trading Central, Alain Pellier gave his opinion regarding the partnership. He said by adding the firm’s analytics and research to Firstrade’s mobile app, the traders can use real-time insights to make smart investment choices so they can scale through the financial markets.
Firstrade Aims To Upgrade Its Mobile Offerings To Benefit Data-Driven Traders
Firstrade earlier noted that it wants to upgrade its mobile offerings and this move is in line with this goal. Traders who prefer to use data and information to make smart investment choices will greatly benefit from Trading Central’s research tools.
The brokerage firm made some additions to its offerings. In June, the company shared that it had rolled out FirstradeGPT, an analysis and research tool that uses AI to assist investors in making informed financial choices. Firstrade worked with FinChat.io, an investment analysis platform to develop FirstradeGPT. Using AI, the tool offers thorough information about global stocks and key performance indicators (KPIs) to certain businesses.
In April, Firstrade also started providing access to fractional shares after numerous days of delays. The new tool allows investors to buy and sell fractional shares of more than 4,000 stocks and ETFs. This gives them more choices and easier access to the stock market. Thanks to the company’s Fractional Share Trading service, investors can now begin trading for as low as $5 per trade without any order size limits.
