DriveWealth Launches First Australian Partnership With Stoxs
Chatham, NJ February 19, 2016: DriveWealth Holdings, Inc. (“DriveWealth”) is pleased to announce its partnership with Stoxs to offer affordable US stock investing in Australia. The partnership between Stoxs and DriveWealth will allow individuals to invest in US listed Stocks, ETFs, and ADRs for just $2.99 per trade.
Australian investors can use the Stoxs interface, powered by DriveWealth’s brokerage services, to invest in the US stock market at a fraction of current brokerage prices. Stoxs’ intuitive web-based application allows users to build globally diversified portfolios of stocks, ETFs, and ADRs, create watch lists, and monitor real-time headlines across finance, tech, business, and more. The Stoxs trading interface also provides access to robust charting capabilities powered by TradingView.
Currently, Stoxs is a web-based platform available at stoxs.com.au. The Stoxs team is working to develop native IOS and Android application which should be available in the coming months.
Stoxs and DriveWealth share the belief that investors everywhere should have the ability to invest in companies whose products they use. “We believe everyone should have affordable access to the financial markets. Investors use Facebook every day, go to the gym in their favorite pair of Nike sneakers, drink coffee at Starbucks and pay for things with PayPal. So, individuals everywhere should have access to invest in these iconic brands,” said Kheang Ly, Founder and CEO of Stoxs.
“Individuals are relying more and more on their digital devices to manage their financial lives. As wealth is transferred to the millennial generation, it is increasingly important to offer investing tools and solutions that cater to the digital, mobile lifestyle,” said Robert Cortright, founder and CEO of DriveWealth. “Having affordable, mobile access to the powerful products of the US stock market is the key to helping millennials manage their financial futures.”
About DriveWealth Holdings, Inc.:
DriveWealth Holdings, Inc. is the parent company of DriveWealth Technologies, LLC and DriveWealth, LLC. DriveWealth Technologies, LLC is the technology service and financial education provider for DriveWealth, LLC. DriveWealth, LLC (www.drivewealth.com), member FINRA and SIPC, is a mobile and global full carrying broker dealer for retail investors. DriveWealth provides a low cost, easy-to-use US equities investing platform to individuals worldwide. DriveWealth also partners with businesses around the world to offer its Brokerage as a Service platform, which allows global financial institutions to give their clients access to US listed securities.
About Stoxs Capital Pty Ltd:
Stoxs Capital Pty Ltd is the parent company of Stoxs. Stoxs is a financial technology firm that develops intuitive investing platform for the new and millennial investor. Stoxs believes that everyone should have affordable access to financial markets, and are on a mission to inspire a new generation of investors.
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