Rho Trade

Rho Trade

Commission-Free Investing For Advanced Traders. Learn more
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DateInvestorsAmountRound
N/A

$52.0k

Convertible
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$70.0k

Convertible

N/A

Seed
*

N/A

Acquisition
Total FundingAUD189k

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Rho.trade is a cutting-edge trading platform designed for advanced traders seeking commission-free investing in stocks, ETFs, equity options, and index options. The platform supports sophisticated trading strategies such as OCO Bracket Orders, spreads, and combos, making it ideal for experienced investors. Rho for Web, the company's flagship product, offers a seamless trading experience with just a few clicks, backed by real-time streaming data from 22 stock and 14 option exchanges. Users can conduct in-depth research using over 100 data points for each stock, including earnings, financials, and ownership details. The platform also allows for same-day options trading, providing flexibility and agility in fast-moving markets. Rho.trade operates in the financial technology sector, targeting advanced retail traders and investors who demand high-performance tools and data-driven insights. The business model revolves around providing a robust trading platform without charging commissions, thereby attracting a loyal user base. Revenue is likely generated through partnerships with brokerage services like Tradier Brokerage, which handles regulatory, exchange, and OCC fees.

Keywords: commission-free, advanced trading, stocks, ETFs, options, real-time data, research tools, OCO Bracket Orders, spreads, combos.

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