Tradier is a full-featured and customizable trading platform that supports trading of cryptocurrencies, stocks and options. Utilizing the platform enables users to seamlessly navigate through Tradier brokerages and crypto accounts. The firm is a leading global retail brokerage that serves active traders through API-powered platforms and partnerships.
Tradier was co-founded by Dan Raju – who also doubles as the platform’s CEO, Peter Laptewicz – president of Tradier Brokerage, Jason Barry – platform’s CTO(Chief Technology Officer) and Jeyashree Chidambaram – the Vice President of Brokerage Technology.
The firm prides itself in offering a trading platform that facilitates enhanced trading features and capabilities. Since its inception, the firm has managed to give rise to more than 100 investor platforms that collectively attract over 1 billion API calls on a monthly basis.
To enable the firm meet its objectives, Tradier has recently announced the completion of a series B funding round that yielded $24.6 million. The fundraising round was led by PEAK6 Strategic Capital and garnered participation from other existing investors including F-Prime Capital and KF Business Ventures. The firm intends to utilize the proceeds from this event to accelerate its growth by giving traders and partners access to advanced trading features, live content and more customizable services.
Tradier has had a good run in previous years, including the year 2022 that has been termed as its record year since it managed to raise $30K from traders who signed up for the platform’s subscription plans. During the same year, the firm managed to execute an average of 150 trades per month. The firm has also achieved steady equity share and option contract volumes that have increased by 100% year-after-year.
These funds therefore, come in at a time of need when there is an emergence of a new base of active retailers that are demanding more custom platforms and content engagement services. Tradier has termed this phenomenon as a “graduation effect” as investors are graduating from the traditional-based
single-platform brokerage offerings to more differentiated brokerage offerings.
In the year 2023, Tradier aims to expand its platform offerings to include
market-first platform. More features targeted in this expansion include a content hub, a portfolio margin and an expanded API offering as well as global debit funding, futures and crypto with the aim of serving this nascent market segment.
The firm has a mission to is to create a network where traders can can choose their own trading platforms to meet their own evolving needs while gaining empowerment through great educational content and low fees. The firm also boasts of a state-of-the-art embedded brokerage model that provides intelligent data to better understand retail behaviors across its ecosystem of connected platforms. With a loyal partner base and active trader community, Tradier is poised to become a global leader by capitalizing on the market changes while serving them with technical innovations and products.
Tradier Brokerage is built for active traders with numerous investor platforms complete with market data, web-based dash – a platform designed specifically to facilitate quick access to basic and advanced equity and option orders, mobile access for both IOS and Android devices as well as TradeHawk – a fully-featured stock and options trading platform designed by industry experts and offered exclusively on Tradier.
