FTX US says it will start testing stock trading functionality For a handful of US users on Thursday
“Our goal is to offer our clients holistic investment services across all asset classes,” Chairman Brett Harrison said in a statement. The company has not yet set a time for a broader release.
The launch comes as FTX is aggressively pushing the traditional financial ecosystem across the United States. But stock trading is another sign that FTX US has more interest in the general public.
FTX says its offer will include “no-fee brokerage accounts. [และ] Commission-Free Trading” Like Fractional Shares And there will be no minimum account balance required to trade.
Meanwhile, FTX US also said that The IPO will not receive payments for order flow (PFOF), which has been a cornerstone of Robinhood’s business model for the past two years.
such news Surprise, too, because recently Sam Bankman-Fried Just bought a 7.6% stake in Robinhood.
It also plans to allow customers to fund their FTX Stocks accounts in the form of stablecoin USDC and bank transfers.
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