TipRanks announced today that it has formed a new partnership with Stockal, an investing platform providing Indian retail investors direct access to US stocks. Stockal became the first Indian financial firm to use TipRanks’ technology.
According to the official announcement, the premium members of Stockal will be able to use TipRanks’ stock research and analysis tools. TipRanks recently announced the launch of its services in the UK to give investors smooth access to institutional-level tools at an affordable cost.
Commenting on the recent announcement, Uri Gruenbaum, CEO of TipRanks, said: “The launch of our product in India is a significant milestone in our global expansion. Our goal is to level the playing field for investors by offering them simplified access to institutional-level tools. This is game-changing, and I’m delighted that Stockal clients can now make better data-driven investment decisions.”
Several leading financial companies around the world, including TD Ameritrade, the St. Petersburg Stock Exchange, Interactive Brokers, Santander, and Saxobank are currently facilitating their clients through unique research and analysis tools provided by TipRanks. Markets.com, retail forex and contracts-for-differences (CFDs) broker, recently integrated TipRanks’ Quantitative Strategy Builder.
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Financial Research and Analysis
Education plays an important role in financial markets, and companies worldwide are now offering quality research and analysis tools to facilitate clients. Stockal mentioned that the company has integrated analyst ratings and price targets as well as corporate insider transactions into its stock research.
“The inclusion of TipRanks’ tools onto our platform will give our premium subscribing investors real-time access to Wall Street’s top stock analysts, their ratings, consensus and price forecasts. We are pleased to also offer an insightful view of corporate insider transactions, enabling our clients to see exactly who is buying and selling shares in their own company,” Vinay Bharathwaj, Co-Founder and Co-CEO of Stockal mentioned in the latest announcement.
TD Direct investing integrated TipRanks’ trading research tools last year.