DriveWealth – Investing with fractional shares
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DriveWealth allows you to invest what you want, when you want, how you want. By buying fractions of company shares, you invest on your own terms. This means the amount of money you invest isn’t determined by a company’s share price, so you spend exactly as much as you want. It’s time to make your mark.
DriveWealth is a member of the Securities Investor Protection Corporation (SIPC) which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). Explanatory brochure available upon request or at www.sipc.org.
DriveWealth, LLC member FINRA, SIPC
* There is no minimum initial deposit required to open a live investing account. Fees and Expenses associated with the DriveWealth platform include a commission charge of $0.0125/share, subject to a minimum of $2.99 per transaction. There are no monthly minimum fees, or required ongoing minimum account balance. For non-resident aliens, there is a one-time tax verification fee of $5.00 (representing Form W-8BEN pass-through processing cost).View a full list of our fees at http://bit.ly/DWFees
DriveWealth's commission charge of $0.0125/share, subject to a minimum of $2.99/trade per transaction is among the lowest of all online brokers, based on Barron's survey of online retail brokers (March 15, 2014).
All investing carries risk. Past performance is not indicative of future returns, which may vary. Investments in stocks and ETFs may decline in value, potentially leading to a loss of principal. Online trading has inherent risk due to system response and access times that may be affected by various factors, including but not limited to market conditions and system performance. An investor should understand such facts before trading. The risks associated with investing in international securities, including US-listed ADRs and ETFs that contain non-US securities include, among others, country/political risk relating to the government in the home country; exchange rate risk if the country's currency is devalued; and inflationary/purchasing power risks if the currency of the home country becomes less valuable as the general level of prices for goods and services rises.
Before investing in an ETF, an investor should consider the investment objectives, risks, charges, and expense of the investment company carefully. The prospectus contains this and other important information about the investment company. You should read the prospectus carefully before investing. You may obtain a copy of the prospectus at drivewealth.com/explore/products.
What's New in Version 2.0.11
Misc bug fixes
Investing made easy!
This app is so user friendly that it takes the intimidation and fear out of trading. Even with some knowledge of previous trading, I find myself more apt to use and trade more frequently than ever before. It's very easy to navigate and with just a quick touch on the screen I can see instant details on a group of stocks such share price and percentages up or down, as well as chart performance from 1 day to 2 years. Best of all, I can buy any stock regardless of its share price because of the ability to purchase stocks in dollar amount versus full share price. The app then brilliantly calculates the number of shares bought based on dollar amount entered. I find myself being more confident and more in control with this technology. A must-have for any investor!
The concept of this app is amazing I love the idea of investing via mobile but all I've ever have had so far is problems with this app.. I keep adding cash to my account on drive wealth and it goes thru successfully but I'm not able to use it and invest it at all.. no matter what I do. So 2 star review it is.
$3 commission to buy a stock then $3 commission to sell one, app isn't worth it if you don't have $30,000+ to invest
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- Category: Finance
- Updated: Oct 11, 2016
- Version: 2.0.11
- Size: 6.4 MB
- Languages: English, Portuguese, Simplified Chinese, Spanish
- Seller: DriveWealth, LLC
- © 2016 DriveWealth, LLC
Compatibility: Requires iOS 8.4 or later. Compatible with iPhone, iPad, and iPod touch.