Ditto Trade, First Brokerage to Leverage the Power of Social
Networking
Proprietary Technology Allows Investors to Attach to the Trades of
Others
LOS ANGELES--(BUSINESS WIRE)--FB Financial Group announced the launch today of Ditto Trade, Inc., a
licensed stock brokerage whose mission is to reinvent trading for the
consumer by bringing unprecedented levels of transparency and user
control.
?Ditto Trade is putting some of that instantaneous
trade power into the hands of everyday users, without them having to be
in front of a computer all day.?
Now, for the first time, individuals can be a part of the actual trades
of any friend or family member who has a knack for investing. In
addition, customers can also be part of the trades of a select group of
veteran traders known as ?Master Traders?.
Ditto Trade?s game-changing technology is so advanced that the customer
will not only get his or her order filled at the same time as the
primary trader, but will receive the exact same price on purchases and
sales. A customizable set of parameters allows the user to disconnect
and take control at any time, even in the middle of a trade.
?In this era of high frequency trading, where computers automatically
make split-second trades for big brokerage houses, the individual
investor can?t keep pace,? said Joseph Fox, Ditto Trade?s Chief
Executive Officer. ?Ditto Trade is putting some of that instantaneous
trade power into the hands of everyday users, without them having to be
in front of a computer all day.?
Ditto Trade also offers commissions of $4.95 per trade and ultra
competitive margin rates.
Ditto Trade has combined this comprehensive investment platform with its
own social network known as Ditto DNA. Here, customers have the
ability to ask questions, discuss strategy and share trades with ?Master
Traders? and other members of the community.
Master Traders are independent full time traders, each with over ten
years of experience actively trading the markets. There is a significant
screening process before an individual can become a Master Trader. Ditto
Trade does not charge Master Traders for the use of its software, nor do
Master Traders receive any compensation from Ditto Trade.
The Master Trader Program allows individuals to participate in the
actual trades of experienced traders as much or as little as they wish.
Once the trading day is through, the Master Trader will post his or her
commentary and analysis about the day?s trades and interact with
subscribers.
?We?re leading the way in the growing trend of socialized investing. Our
Ditto DNA platform functions much like a Facebook for investing,? Fox
added.
Users will be able to link their Ditto DNA account to their Facebook,
Twitter, LinkedIn and other social networking accounts, making it easy
to share their posts and invite their friends to become Ditto DNA
members.
?By combining our innovative technology with a robust social network, we
are going to forever change trading as we know it,? says Fox.
The software, registration in and use of Ditto DNA is free to everyone,
even those who have brokerage accounts with other firms.
The management of Ditto Trade founded Web Street, one of the pioneers in
online investing, in the mid-?90s.
Web Street was the first online broker to offer free trades, streaming
stock quotes, real-time balances, positions and buying power. Web Street
was rated ?#1 Online Broker? by SmartMoney Magazine and received top
ratings from Barron?s Magazine. Web Street became a public company in
1999 and merged with E*Trade in 2001.
Ditto Trade is a member of FINRA and SIPC and is licensed in all 50
states.
For more information go to www.DittoTrade.com
and www.DittoDNA.com.
About FB Financial Group, Inc.
FB Financial Group, Inc. is the parent Company of Ditto Trade, Inc. and
operates DittoDNA.com. Its mission is to level the playing field for the
retail trader in today?s complex market environment. This is
accomplished through innovative technology and the unique utilization of
social networking.
Edelman PR
Eric LindbomOffice: (323) 202-1419Cell:
(323) 497-0151eric.lindbom@edelman.comor
Ditto
Trade, Inc.Jeremy MannOffice: (424) 249-3670Cell:
(847) 533-6545JMann@DittoTrade.comRead more