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Financial Shares Networking Community

Published 02/23/2011 and rated Ratingstars2 2 out of 5 stars
by AppAppeal Editor
What can you use the app for?

MyTrade is a tool for investors to research and trade stocks. It includes an online community for investors to interact and connect.

Mytrade screenshot
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What is the history and popularity of the app?

MyTrade was founded by Andy and Landon Swan and was sold to Investools Inc. in December 2007.

What are the differences to other apps?

The fully customizable interface allows users to create a dashboard that contains only the information they want and need.

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How does the web app look and feel to use?

Once registered, users may access their dashboards to view, edit, or add pods to the page, depending on interests. Users are invited to review the blog for tips and information on getting started, creating a profile, and following other investors. The Dashboard can be customized with tools and feeds. Any pod can be deleted or moved with drag and drop action.

On My Page, users can add brief bio information and web links. Users can also add a photo, write a note or blog entry, import a data chart, or integrate with Twitter or Facebook.

On the Think Share page, users can share real trades and copy the trades of members you follow. To use the trading portal, users must use thinkorswim’s system or TD Ameritrade Inc.

All support is offered through the onsite blog. Short videos are offered on the pages where a user is buying or selling stock. They explain shorting stock and other trade concepts. It would be more helpful to have a FAQ section or menu-driven setup guide for those who are interested in learning more or need a more in-depth explanation.

How does the registration process work?

Registration requires a username, password, email, full name, and mailing address.

What does it cost to use the application?

MyTrade is free to use.

Who would you recommend the application to?

Investors who want to interact with others about stock trades may benefit from creating a customized dashboard with the available tools and viewing trades and blogs of other investors. This would appeal to more seasoned investors rather than beginners.

  • Free to use
  • Multiple investment idea sources
  • Drag and drop pods for Dashboard page
  • Thinkorswim integration
  • Facebook and Twitter integration
  • Instructional blog and short videos
  • Follow other users and view their trading habits

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