LOYAL3 - Investing For All
By LOYAL3 Labs, Inc.
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LOYAL3 makes it possible for you to invest as little as $10 in your favorite brands, without paying any commissions or fees. With the LOYAL3 mobile app, you can safely and securely:
• Browse stocks in your favorite brands
• Buy and sell stocks
• Create monthly investment plans
• Manage your monthly investment plans
• Access your account balance
• Track your stocks and investment performance
• View your transactions
• Easily transfer funds to and from your LOYAL3 account
Download the LOYAL3 mobile app now- it’s FREE to download and easy to get started.
Please read the important disclosures below:
BROKERAGE PRODUCTS: NOT INSURED BY FDIC | NO BANK GUARANTEE | MAY LOSE VALUE
Our mission is to make it easy and affordable for people to own the brands they love. Own What You Love® reflects this principle.
The mobile version of LOYAL3 is not available for enrolling in IPOs.
System availability and response times are subject to market conditions and mobile connection limitations.
No fees charged for enrollment, transactions, or account transfer, and no minimum account balance. Maximum purchase per non-IPO stock generally $2,500 per transaction and $5,000 in any 30-day period. Purchases include fractional shares. Since LOYAL3 uses a daily batch or combined order process, and typically executes trades only once per day, your price may differ, perhaps significantly, from the market price when you place your order. We send all communications electronically. Platform limited to U.S. residents.
Accounts are held at LOYAL3 Securities, Inc. Member FINRA (www.finra.org), SIPC (www.sipc.org). We do not solicit, recommend, or offer investment advice. Availability of any security on the platform is based on various factors including social prominence, but is not based on value and may not be appropriate for you. Visit support.loyal3.com for more investment risk disclosures.
Availability on the platform or use of a company logo does not necessarily indicate a contractual relationship or fee payment between LOYAL3 and the listed company.
© 2016 LOYAL3. All rights reserved. Trademarks and brand logos owned by LOYAL3 or the issuers.
What's New in Version 1.6.2
- Resolved the issue that required frequently logging out and logging back in.
If you enjoy our app, please take a moment to rate it!
I am giving this application a 3 as it only allows you a very limited access to the market. Everything is disclosed up front but as a new investor I did not understand what that meant until I gained experience. Loyal 3 in order to make money restricts you to purchasing stock from companies they have made arrangements with. This is how they are able to provide you free trades. In addition they trade only once a day at a price that may be higher than the market rate. The IPO feature should not be used by new investors in my opinion. My take is the IPO market is geared to big investors and big brokerages. Loyal 3 states they are offering the service to level the playing field between big and little investors. Unfortunately they are not a big brokerage so they are not given the same deals and therefore not really leveling the playing field. I have had the account open less than a year so cannot comment on my success other than the value of the account is more than I invested. I have had better success with another free brokerage's application.
Excellent for the purpose!
Every review under 5 stars has been made by a user that does not understand the concept and purpose of this app. This app allows you to buy fractions of shares for free. I use this app to set up monthly withdrawals from my account which ultimately makes it double as a savings account. I set it up and just let the money add up while I receive dividends. This app is not supposed to have real time quotes or graphs. If you want that, download Robinhood or grow up and get a real broker like E*TRADE instead of complaining. The IPO feature is fantastic. The last IPO I got in on was for $BUFF. I spent $1000 on shares and then sold them immediately for a 30% gain the next day.
Great app. But missing something
Great for new investors and free to buy/sell shares which is a plus. But a few things that loyal3 should tweak to make this app perfect. The biggest inconvenience is this app does not display stock market price in "real time" which is a big con, Also theres no graphs which is inconvenient. I have to constantly go online to see the price of stock in real time & check the graphs.
Attention loyal3! If you can add the mentioned issues to your app I'm absolutely positive it will satisfy more consumers including myself & then this app be well worth 5 stars. I shouldn't have to always run to google to find out the current stock price. Plz upgrade.