Welcome!

News Feed Item

Options-Focused Online Brokerage tradeMONSTER™ Emerges as a Top Overall Trading Firm in Barron’s Latest Rankings

tradeMONSTER, a leading web-based brokerage co-founded by Pete and Jon Najarian, announced it has received a 4½-star ranking in the annual Barron’s ‘Best for Online Brokers of 2014’ survey and review. The Barron’s survey, now in its nineteenth year, named tradeMONSTER “Best For Options Traders” for the fifth consecutive year. Indicative of its evolution from niche options player to full service multi-asset class brokerage, tradeMONSTER in the overall rankings came in second place out of twenty in a field including established firms such as Interactive Brokers, TD Ameritrade, Charles Schwab, Fidelity, and E*Trade. tradeMONSTER earned an unprecedented and perfect score in the mobile category, was by far the highest ranked web-based broker, and was named best-in-class on a 5.0 point scale in four out of eight categories:

  • Mobile – 5.0
  • Research Amenities – 4.9
  • Customer Service & Education – 4.9
  • Usability – 4.9

Dirk Mueller-Ingrand, co-founder & CEO of tradeMONSTER Group, commented, “We are truly honored by the Barron’s rankings because they reflect what our mission has been since day one: to give customers a powerful, customizable platform replete with the highest grade trading tools and support them with world class service and embedded education.”

tradeMONSTER’s popular proprietary trading and investing process, tradeCYCLE™, was specifically called out as one of the ways the company empowers users and as it has been extended to their mobile platforms. According to the Barron’s review, “…(tradeCYCLE) brings discipline to the trading decision by including extensive analysis of the potential transaction's profitability, and allowing the creation of an exit strategy.”

tradeMONSTER’s award-winning HTML5-based mobile solution, compatible with iPhones, iPads, and Android-based phones and tablets, is being rapidly adopted as more users are consistently using mobile to monitor and execute trades.

Sanjib Sahoo, CTO of tradeMONSTER Group, added, “I’m particularly pleased that we’ve been able to give our customers a mobile trading experience that, regardless of device, closely replicates our award winning desktop version. If you are looking for a trading platform that you can harness for ‘anytime, anywhere trading,’ we encourage you to give tradeMONSTER a drive.”

Last week, tradeMONSTER seamlessly integrated futures trading into the tradeMONSTER platform alongside stock and options trading. Customers can now employ the full range of available tools to obtain risk and performance analysis on an aggregate portfolio. One hundred of the most popular and liquid dollar denominated futures contracts are available, with additions already in the pipeline.

Aric Forsythe, head of product development at tradeMONSTER Group and a former floor trader, asserted, “Being named ‘Best for Options Traders’ for a fifth consecutive year is incredibly gratifying but also motivating. Motivating in that we’ve recently integrated futures and have extended a similarly outstanding tool set to retail traders looking to engage those markets. Having an outstanding user experience in the big three - stocks, futures and options - means our customers can better manage their trades and investments as a whole at tradeMONSTER.”

Futures trading is being offered at a commission rate of just $1.50/contract (per side), which puts it well below average market pricing. tradeMONSTER also recently dropped its equity commission cost to a flat $4.95 per trade in order to remove cost as a barrier for investors to consolidate their portfolios and thus be in a position to better manage their trading and investments.

While Mueller-Ingrand acknowledges the company is still best known for its unique and powerful options trading tools, he is determined that recognition by Barron’s and others of his company’s drive to innovate will win even more converts across the investment spectrum. “Resting on our laurels is not in our DNA, and 2014 will see yet another wave of innovative trading tools delivered in a highly intuitive and extremely user friendly interface.”

About @tradeMONSTER

tradeMONSTER (www.tradeMONSTER.com), rated by Barron’s as “Best for Options Traders” and #1 for Mobile, Research Amenities, Customer Service & Education, and Usability, is making professional-grade tools accessible to all online traders, regardless of experience level. tradeMONSTER was the first online broker to deploy a streaming desktop-like trading experience in a web browser, with a dynamic and customizable interface integrating advanced analytic tools, investor education, transparent commissions and an extremely knowledgeable and dedicated customer service team. Additionally, tradeMONSTER offers the most robust mobile experience available on all major mobile platforms and devices through tradeMONSTER Mobile. With its innovation focus on combining state-of-the-art analysis with an intuitive user experience, tradeMONSTER’s technology team has been granted several patents with numerous patents pending for its technology and unique investment tools embedded on the tradeMONSTER platform. All securities and investments are offered through tradeMONSTER. Member FINRA/SIPC/NFA.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
IoT is rapidly changing the way enterprises are using data to improve business decision-making. In order to derive business value, organizations must unlock insights from the data gathered and then act on these. In their session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, and Peter Shashkin, Head of Development Department at EastBanc Technologies, discussed how one organization leveraged IoT, cloud technology and data analysis to improve customer experiences and effici...
"We are an all-flash array storage provider but our focus has been on VM-aware storage specifically for virtualized applications," stated Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
The cloud competition for database hosts is fierce. How do you evaluate a cloud provider for your database platform? In his session at 18th Cloud Expo, Chris Presley, a Solutions Architect at Pythian, gave users a checklist of considerations when choosing a provider. Chris Presley is a Solutions Architect at Pythian. He loves order – making him a premier Microsoft SQL Server expert. Not only has he programmed and administered SQL Server, but he has also shared his expertise and passion with b...
"IoT is going to be a huge industry with a lot of value for end users, for industries, for consumers, for manufacturers. How can we use cloud to effectively manage IoT applications," stated Ian Khan, Innovation & Marketing Manager at Solgeniakhela, in this SYS-CON.tv interview at @ThingsExpo, held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...
Without a clear strategy for cost control and an architecture designed with cloud services in mind, costs and operational performance can quickly get out of control. To avoid multiple architectural redesigns requires extensive thought and planning. Boundary (now part of BMC) launched a new public-facing multi-tenant high resolution monitoring service on Amazon AWS two years ago, facing challenges and learning best practices in the early days of the new service. In his session at 19th Cloud Exp...
The cloud promises new levels of agility and cost-savings for Big Data, data warehousing and analytics. But it’s challenging to understand all the options – from IaaS and PaaS to newer services like HaaS (Hadoop as a Service) and BDaaS (Big Data as a Service). In her session at @BigDataExpo at @ThingsExpo, Hannah Smalltree, a director at Cazena, provided an educational overview of emerging “as-a-service” options for Big Data in the cloud. This is critical background for IT and data professionals...
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
@GonzalezCarmen has been ranked the Number One Influencer and @ThingsExpo has been named the Number One Brand in the “M2M 2016: Top 100 Influencers and Brands” by Onalytica. Onalytica analyzed tweets over the last 6 months mentioning the keywords M2M OR “Machine to Machine.” They then identified the top 100 most influential brands and individuals leading the discussion on Twitter.
What happens when the different parts of a vehicle become smarter than the vehicle itself? As we move toward the era of smart everything, hundreds of entities in a vehicle that communicate with each other, the vehicle and external systems create a need for identity orchestration so that all entities work as a conglomerate. Much like an orchestra without a conductor, without the ability to secure, control, and connect the link between a vehicle’s head unit, devices, and systems and to manage the ...
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
In an era of historic innovation fueled by unprecedented access to data and technology, the low cost and risk of entering new markets has leveled the playing field for business. Today, any ambitious innovator can easily introduce a new application or product that can reinvent business models and transform the client experience. In their Day 2 Keynote at 19th Cloud Expo, Mercer Rowe, IBM Vice President of Strategic Alliances, and Raejeanne Skillern, Intel Vice President of Data Center Group and G...
"We are a modern development application platform and we have a suite of products that allow you to application release automation, we do version control, and we do application life cycle management," explained Flint Brenton, CEO of CollabNet, in this SYS-CON.tv interview at DevOps at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Information technology is an industry that has always experienced change, and the dramatic change sweeping across the industry today could not be truthfully described as the first time we've seen such widespread change impacting customer investments. However, the rate of the change, and the potential outcomes from today's digital transformation has the distinct potential to separate the industry into two camps: Organizations that see the change coming, embrace it, and successful leverage it; and...