Gotrade is a fractional share trading startup that enables 150 countries to invest commission-free in fractions of companies. Users can make a maximum of three-day trades every five trading days for accounts under $25,000. It is currently available on an invite-only basis.Gotrade acts as an introducing broker to Alpaca Securities LLC, a U.S. stock brokerage that is regulated by the Financial Industry Regulatory Authority (FINRA) and serves as an intermediary. Alpaca Securities splits its stock inventory into fractions, and Gotrade users can decide how many fractions they want to buy.
Gotrade is a fractional share trading startup that enables 150 countries to invest commission-free in fractions of companies. Users can make a maximum of three-day trades every five trading days for accounts under $25,000. It is currently available on an invite-only basis.
Total Funding: $7,200,000
Funding Stage: Seed
Business Stage: Scaling Up
Market: B2C
Company Size: 26 to 50
Founded: 2019
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