TradeStation Becomes First Broker to Enable Equities and Options Trading on TipRanks Platform
TradeStation Securities, Inc., a self-clearing online brokerage firm specializing in stocks, options, futures, and futures options trading, has announced a new integration with TipRanks. TipRanks provides retail investor tools powered by data-driven market research and analyst insights.
“TradeStation Securities is the first brokerage to integrate with TipRanks, giving users the ability to open, fund, and trade equities and equity options from a TradeStation account, all within the TipRanks experience,” the companies stated.
The integration follows similar moves by other brokers. NAGA Group, a Germany-listed brokerage, incorporated TipRanks’ stock research tools to offer retail investors enhanced market analysis and the Smart Score system. Likewise, CMC Invest, part of CMC Markets, expanded its partnership with TipRanks to provide UK customers access to these tools, after earlier implementations in Australia and Singapore.
TradeStation and TipRanks Partner for Integration
“This integration combines TradeStation Securities’ brokerage solutions with TipRanks’ data-driven analysis and insights. It will help elevate the decision-making of traders and investors on both platforms, while also continuing to support the retail investor community at-large,” said Uri Gruenbaum, CEO and Co-Founder at TipRanks.
The integration enables TradeStation Securities users to access equities and equity options trading through the TipRanks platform. Investors can link their brokerage accounts to TipRanks and manage trades without switching platforms. The partnership is intended to combine data insights with trading access for retail users.
You may find it interesting at FinanceMagnates.com: Exclusive: TipRanks Launches “The Most comprehensive AI Stock Analyst”.
TipRanks Acquires Main Street Data to Expand KPI Offerings
Meanwhile, TipRanks has acquired Main Street Data, a visual-focused equity research platform, for an undisclosed amount. The move aims to strengthen TipRanks' data offerings for both enterprise clients and individual traders. This is TipRanks’ second acquisition and the first since it was acquired by Prytek for $200 million in 2023.
Its previous acquisition was The Fly, a digital financial news publisher. Main Street Data provides KPI data on listed companies, with a focus on visual presentation. TipRanks plans to use the datasets to support brokers offering advanced tools and to enhance AI-based trading applications.