Futures brokerage Tradovate starts accepting business

New online brokerage firm Tradovate, LLC announces today that the company is now launched and accepting business.

Tradovate offers flat-rate membership fees, getting rid of the industry-standard commission structure. Its cloud-based platform is accessible from any device, operating system or browser. Tradovate is also offering a two-week free trial to enable prospective clients to use the technology on their own devices, trading in simulation based on real-time market data.

The Tradovate team already has extensive experience in developing user-friendly technology that has been widely adopted in the futures space. Tradovate Holdings, LLC Founder and CEO Rick Tomsic founded Open E Cry, LLC in 2001 and served in various senior executive roles at optionsXpress, Charles Schwab and Gain Capital Holdings Inc (NYSE:GCAP). Ryan Hansen, Tradovate President, held leadership positions within the futures and FX trading industry at firms including Gain Capital and Open E Cry.

Tradovate Holdings, LLC Founder and CEO Rick Tomsic comments:

“We set out in 2014 to offer a seamless, simplified approach to futures trading for active traders, representing a fundamental shift in the way business is done. We’ve introduced next generation, cloud-based technology so clients can trade with high-quality execution from any device. Typically commissions represent over half the total cost of a trade. Through our flat-rate, commission-free membership structure, we’re giving traders the ability to control and greatly reduce their transactional costs.”

Ryan Hansen, Tradovate President, said:

“Self-directed traders want easy-to-use trading platforms that offer terrific functionality, speed and reliability. We have not only those critical features, but cloud-based technology that provides the ability to trade on demand from anywhere – on a mobile phone, tablet, laptop or desktop – 24/7, without any platform fees. As futures trading is all about transparent markets, it’s time for a new model in the futures space that brings transparency to the relationship and makes the brokerage firm the client’s partner.”

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