TradeUP has attracted many novices and seasoned securities traders in the recent past.
A person’s heart goes where there is a treasure. When you find many people flocking to one place, there are likely monetary gains to be found. However, as a prudent investor, you don’t want to go with the herd without first making sure that TradeUP ticks all the right boxes.
It is important to mention, from the outset, we think there are some good reasons why investors prefer to use this platform.
TradeUP is a modern trading platform, and its developers, UPFintech, have considered what you need to trade and monitor your portfolio. They have gone further and provided some bells and whistles to help you enjoy your experience. The platform is ideal for both fledgling and experienced investors, and it has features to help both.
Downloading App and Registration Process
You can download TradeUP on any mobile device. If you are using Android, you will find it on Google Play Store; the platform is also available on App Store for those using iOS. You will need to set up a TradeUP account with all the required information, such as your name, tax details, and other information as per the registration form. TradeUP is simple to use, and it allows you to trade effectively on the go from the convenience of your mobile device.
The platform sweetens the pot for new members by giving them two stocks for free when you deposit $100 to your new account. Besides this, the platform will give you a cash bonus worth $25 if you deposit $1000 into your account. The bonus can go up to $250 if you fund your account with a higher amount.
The following are some of the features that make TradeUP so popular amongst investors.
Discover is a feature that analyses market news and other global events that would affect the markets. The feature also informs you what the curated news means for different stocks to act accordingly. ‘Discover’ also gives the user a list of a hundred companies with the most active stock to help them see the trends and make their investment decisions based on the information. It also gives you suggestions on trade for the best profits in the short, medium, and long term.
TradeUP offered a total of twenty-two IPOs for traders on their platform in 2020. This is a continuation of a trend where the platform gives its members access to IPOs accompanied by investment advice. IPOs are dicey affairs. In some instances, there is no telling how the market will go after the initial trading. It would be nice if there were something to give you an edge.
Good IPOs are normally massively oversubscribed, making it impossible for the average investor to get any stock to buy. TradeUP reserves some stock for its ordinary traders, enabling them to enjoy the benefits of lucrative IPOs.
· Securities Brokerage
Marsco Investment Corporation offers brokerage services on TradeUP. The firm is well established, and it is a member of the Security Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). These two bodies regulate trading on TradeUP.
People who are used to traditional trading are sometimes wary of mobile-based platforms. They fear that some of these platforms don’t meet the standards of regulatory agencies. With this background, you can be sure your money will be safe, and the trading practices will be above board.
TradeUP has no share limits, so you can start trading with any amount of money as long as you deposit the minimum $100 into your account. The platform also doesn’t require you to pay an inactivity or handling fee as other platforms would often require.
· Advanced Tools
Old hands in the securities market find this platform useful. It has cutting-edge tools such as a personalized list of the stocks in which a trader would be interested. The app develops this list based on the users’ trading history. Traders also get price alerts and heatmaps to help them make easy and well-informed decisions. TradeUP introduces new innovative features every two weeks; this is how it keeps ahead of the competition.
· Paper Trading
This feature is ideal for an inexperienced investor. It is like an investment simulator that allows you to see what you would have gained or lost had you invested. These accounts are free for every member on the platform. The information and features on the TradeUP are entirely available on your paper account. Fledging investors can therefore learn strategy to meet their investment goals here with no risk of loss. The account starts with a deposit of $100,000.
Join the TradeUP Carnival and check out these June Promotions!
Campaign Period: 11 June 2021, 00:00:00——25 June 2021, 23:59:59 EST
Reward Announcement Period: 29 June 2021, 00:00:00——30 June 2021, 23:59:59 EST
All registered TradeUP clients may participate in this limited promotion!
1. How to participate
A client may receive a Letter Card by completing the daily tasks displayed on the campaign page; each time a task is completed, a random letter will be obtained. If the client collects all five letters of “TRADE,” they may claim a free stock on the campaign page during the Reward Announcement Period. A client may receive up to 20 Letter Cards from completing tasks each day (not including Letter Cards from friends and Magic Cards).
During the campaign period, the client can refer friends to open an account at TradeUP with their referral link (available on Refer Friends page). If 7 or more friends successfully open a Live Account with the client’s referral code, the client will receive a Magic Card (limit one per client). The referee must register and open an account within the campaign period to qualify as one of the client’s valid referrals for this campaign. The Magic Card can be used to redeem any letter in “TRADE.”
If a client has 0 of a certain Letter Card and the Letter Card is gray, the client may click the gray Letter Card to request it from a friend. If a client has more than 0 of a certain Letter Card and the Letter Card is colored, the client may click the colored Letter Card to send it to a friend. Clients may no longer request or send Letter Cards once they have collected all 5 letters of “TRADE.”
Tasks that may be completed to draw a Letter Card:
|Task||Maximum number of Letter Cards that may be obtained per day|
|Share event with friends||1|
|Open an account||1|
|Invite friend to register||Unlimited|
|Invite friend to open account||Unlimited|
|Invite friend to fund account||Unlimited|
|Make a trade||5|
Rewards will be announced between 29 June 2021, 00:00:00——30 June 2021, 23:59:59 EST. All clients who have gathered all 5 letters of “TRADE” may tap the “View Rewards” button on the campaign page to view what rewards they will receive. Clients who don’t tap “View Rewards” during the announcement period will not receive the reward.
Clients will receive free stock rewards based on how quickly they finish collecting all 5 letters of “TRADE.” The rewards are as follows:
|Order of Letter Collection Completion||Reward|
|1-100th users||1 share of AAPL|
|101-1000th users||1 share of GE|
|1001-10000th users||1 share of NOK|
For clients who have not opened a Live Trading account
The stock will be issued to the client’s account within 10 business days after June 30, 2021. Clients may view their reward status on the campaign page.
For clients who have not opened a Live Trading account
A client needs to complete the account opening process within 20 calendar days of June 30, 2021. If the client fails to open an account within this period, their reward will be voided. The stock will be issued to the client’s account within 10 business days of account opening. Clients may view their reward status on the campaign page.
Only clients who open a Live Trading account successfully are eligible to receive the free stock reward.
Rewards from this campaign do not conflict with other TradeUP campaign rewards in the same period.
Stock bonuses in this campaign are offered by Marsco Investment Corp. (“Marsco”). TradeUP app is the trading platform offered by TradeUP INC. Security brokerage service is provided by Marsco. Both Marsco and TradeUP INC. are subsidiaries of UP Fintech Holding Ltd. (NASDAQ: TIGR).
This promotion is open to U.S. residents, who are at least 18 years of age with a valid Social Security Number. Employees, contractors, or persons similarly associated with TradeUP INC., Marsco or their affiliates, members of their household and employers of any securities regulatory organization or exchange are not eligible for this promotion.
Where required by applicable rules and regulations, the value of all Marsco offers received may be reported as Other Income on Form 1099-MISC. Marsco is not responsible for individual tax reporting related to this stock reward program.
At their discretion, TradeUP INC. and Marsco reserve the right to adjust the program parameters.
Marsco reserves the right to explain the activity terms and conditions. Some clients may not be qualified.
TradeUP INC. and Marsco reserve the right to terminate the program at any time without notice.
Other restrictions may apply and will be posted on the TradeUP application or website prior to effectiveness.
Marsco is a member of FINRA and SIPC, for further information, please refer to FINRA BrokerCheck and SIPC insurance coverage.
Offer is not transferable, is not valid with internal transfers, and is not valid in conjunction with certain other offers.
This is not an offer or solicitation in any jurisdiction where we are not authorized to do business.
These reward stocks will be distributed from TradeUP’s inventory of settled shares held specifically for this promotion. Due to market fluctuation, some stock values may drop from the time we made the purchase. Please understand that we do not have control over the fluctuation of the market.
Stocks distributed under this promotion do not constitute a recommendation for its purchase, sale or holding.
TradeUP INC. and Marsco reserve the right to recall gifted shares, sales proceeds from those gifted shares or rewards that were obtained due to a technical glitch, hacking incident, false trading/funding activities, or other fraudulent activities.