FTX US Launches Stock Trading Service across United States
- It is available to both existing and new customers, including non-crypto traders.
- It is now planning to roll out options trading.

FTX US, which is the American subsidiary of the global crypto exchange, FTX, launched commission-free stock trading services to all the customers in the United States.
The entrance of the crypto exchange into mainstream stock trading is expected to expand its customer base and increase assets under custody.
“It will be very interesting when we open it to all to see how many FTX US users start to trade stocks, and to what extent we will be able to bring new users,” the President of FTX US, Brett Harrison told Bloomberg in an interview.
As seen on the FTX US platform, it is offering trading with US-listed stocks, exchange-traded funds (ETFs) and depository receipts. For now, it is offering 50 stocks of American companies that are highly in demand including Tesla, Apple, Microsoft, Amazon, Meta and Paypal, among others.
However, FTX US is not stopping here. The platform has further plans of offering options trading, but it did not provide any details of when it will be launching that service.
Competition in the Retail Stock Trading Space
Earlier, FTX’s Founder and CEO, Sam Bankman-Fried purchased a 7.6 percent stake in Robinhood, a zero-fee retail stock trading platform
Trading Platform
In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools.
In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools.
Read this Term that disrupted the entire industry’s business model. Though there were reports of FTX’s willingness to acquire Robinhood, Bankman-Fried denied any active ongoing merger talks.
Meanwhile, FTX US strengthened its position in the stock trading sector with the acquisition of Embed Financial Technologies, the parent company of the clearing firm, Embed Clearing, last June.
FTX US, which is the American subsidiary of the global crypto exchange, FTX, launched commission-free stock trading services to all the customers in the United States.
The entrance of the crypto exchange into mainstream stock trading is expected to expand its customer base and increase assets under custody.
“It will be very interesting when we open it to all to see how many FTX US users start to trade stocks, and to what extent we will be able to bring new users,” the President of FTX US, Brett Harrison told Bloomberg in an interview.
As seen on the FTX US platform, it is offering trading with US-listed stocks, exchange-traded funds (ETFs) and depository receipts. For now, it is offering 50 stocks of American companies that are highly in demand including Tesla, Apple, Microsoft, Amazon, Meta and Paypal, among others.
However, FTX US is not stopping here. The platform has further plans of offering options trading, but it did not provide any details of when it will be launching that service.
Competition in the Retail Stock Trading Space
Earlier, FTX’s Founder and CEO, Sam Bankman-Fried purchased a 7.6 percent stake in Robinhood, a zero-fee retail stock trading platform
Trading Platform
In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools.
In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools.
Read this Term that disrupted the entire industry’s business model. Though there were reports of FTX’s willingness to acquire Robinhood, Bankman-Fried denied any active ongoing merger talks.
Meanwhile, FTX US strengthened its position in the stock trading sector with the acquisition of Embed Financial Technologies, the parent company of the clearing firm, Embed Clearing, last June.