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
The WebRTC Summit New York, to be held June 6-8, 2017, at the Javits Center in New York City, NY, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 20th International Cloud Expo and @ThingsExpo. WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web co...
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
SYS-CON Events announced today that Enzu will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive ad...
"Plutora provides release and testing environment capabilities to the enterprise," explained Dalibor Siroky, Director and Co-founder of Plutora, in this SYS-CON.tv interview at @DevOpsSummit, held June 9-11, 2015, at the Javits Center in New York City.
DevOps tends to focus on the relationship between Dev and Ops, putting an emphasis on the ops and application infrastructure. But that’s changing with microservices architectures. In her session at DevOps Summit, Lori MacVittie, Evangelist for F5 Networks, will focus on how microservices are changing the underlying architectures needed to scale, secure and deliver applications based on highly distributed (micro) services and why that means an expansion into “the network” for DevOps.
"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.
Choosing the right cloud for your workloads is a balancing act that can cost your organization time, money and aggravation - unless you get it right the first time. Economics, speed, performance, accessibility, administrative needs and security all play a vital role in dictating your approach to the cloud. Without knowing the right questions to ask, you could wind up paying for capacity you'll never need or underestimating the resources required to run your applications.
Web Real-Time Communication APIs have quickly revolutionized what browsers are capable of. In addition to video and audio streams, we can now bi-directionally send arbitrary data over WebRTC's PeerConnection Data Channels. With the advent of Progressive Web Apps and new hardware APIs such as WebBluetooh and WebUSB, we can finally enable users to stitch together the Internet of Things directly from their browsers while communicating privately and securely in a decentralized way.
WebRTC is about the data channel as much as about video and audio conferencing. However, basically all commercial WebRTC applications have been built with a focus on audio and video. The handling of “data” has been limited to text chat and file download – all other data sharing seems to end with screensharing. What is holding back a more intensive use of peer-to-peer data? In her session at @ThingsExpo, Dr Silvia Pfeiffer, WebRTC Applications Team Lead at National ICT Australia, looked at differ...
Adding public cloud resources to an existing application can be a daunting process. The tools that you currently use to manage the software and hardware outside the cloud aren’t always the best tools to efficiently grow into the cloud. All of the major configuration management tools have cloud orchestration plugins that can be leveraged, but there are also cloud-native tools that can dramatically improve the efficiency of managing your application lifecycle. In his session at 18th Cloud Expo, ...
Security, data privacy, reliability and regulatory compliance are critical factors when evaluating whether to move business applications from in-house client hosted environments to a cloud platform. In her session at 18th Cloud Expo, Vandana Viswanathan, Associate Director at Cognizant, In this session, will provide an orientation to the five stages required to implement a cloud hosted solution validation strategy.
The security needs of IoT environments require a strong, proven approach to maintain security, trust and privacy in their ecosystem. Assurance and protection of device identity, secure data encryption and authentication are the key security challenges organizations are trying to address when integrating IoT devices. This holds true for IoT applications in a wide range of industries, for example, healthcare, consumer devices, and manufacturing. In his session at @ThingsExpo, Lancen LaChance, vic...
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
With all the incredible momentum behind the Internet of Things (IoT) industry, it is easy to forget that not a single CEO wakes up and wonders if “my IoT is broken.” What they wonder is if they are making the right decisions to do all they can to increase revenue, decrease costs, and improve customer experience – effectively the same challenges they have always had in growing their business. The exciting thing about the IoT industry is now these decisions can be better, faster, and smarter. Now ...