CrowdTrading is one of the online trading industry’s freshest innovations, and we couldn’t pass up the opportunity to share our thoughts on it. You’ve all probably heard of crowdinvesting and crowdfunding, which help startups to secure investment capital from large groups of people, with each person putting in a relatively small amount.
The basic principle is democracy – the best crowdfunded ideas can easily find thousands of people willing to invest, and they’re usually the ones that succeed. Gone are the days when only the big banks could decide which businesses were worthy of funding. And now a similar idea is making its mark on the financial markets. CrowdTrading uses the decision-making power of a large group of Traders.