NEW YORK, June 13, 2017 /PRNewswire/ -- Trigger Finance, Inc, a mobile app for creating custom rules-based triggers on financial markets, has teamed up with TradeIt, Inc, a brokerage technology provider, to allow currency traders to connect FX portfolios and place trades from the Trigger Finance mobile app.
After Trigger's CEO, Rachel Mayer, quit her job as a professional FX trader, she was disappointed with the lack of data-driven tools for Main Street investors. Trigger is attempting to fill this void with an app that lets users set custom triggers on real-time market movements. Trigger and TradeIt first partnered last year to enable equity broker connectivity. The partnership led to Trigger's users linking over $1 Billion in assets to the platform.
Since then, the app's most popular triggers have been macroeconomic events, strong influencers of FX markets. "We are excited to offer retail FX traders the same technology I had on Wall Street, for free and in the palm of their hand," said Rachel Mayer, Co-Founder and CEO of Trigger. "Our natural-language rules that trigger on the Fed, Trump's tweets and so much more will encourage more automation and discipline for FX traders on the go."
"We're thrilled to have Trigger as an FX launch partner," said Nathan Richardson, CEO and co-founder of TradeIt. "Trigger helps investors generate trade ideas, and TradeIt lets them take action on those ideas."
TradeIt launched FX support this winter, starting with connectivity to the largest forex broker in the U.S., FOREX.com. "TradeIt's technology seamlessly connects traders to the markets and was a natural fit for our customers at FOREX.com, many of whom actively trade the news and other macro events," said Dina Badia, SVP FOREX.com Marketing. "Trigger offers our customers the ability to easily execute trades on their FOREX.com account directly from their favorite app, which is a nice complement to our own suite of mobile trading apps."
The company plans to integrate additional FX brokers later this year, along with support for new asset classes. FX connectivity is live on Trigger iOS and coming soon to Trigger Android.
About TradeIt: TradeIt connects developers to a growing list of brokerage firms through a single API. App developers use TradeIt to enable portfolio sync and trading functionality that makes financial content actionable to users. TradeIt is live on 34 investing apps and boasts 90 developer partners across the digital finance ecosystem. For more information please visit www.trade.it.
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SOURCE TradeIt, Inc.