- Zero financing costs and fees, with option to trade fractions of shares.
- Physical trading in shares, ETFs and structured products
- Investment management in addition to existing trading license.
- Authada identification solution
Cologne startup nextmarkets has launched a new generation of its app with additional trading options and commission-free trading.
Stocks, commodities, indices and cryptos can now be traded long and short without leverage. Equity long positions can be traded without additional financing costs or other fees with standard exchange spreads.
"If you don't want to hold the stock physically to attend the Annual General Meeting, you can invest in shares via CFDs without fees or other hidden costs. In addition, fractions of shares can now be traded,"Manuel Heyden, founder and CEO emphasizes.
"For example, if you don't have 1794 USD left for an Amazon share, you can invest in the company from an amount of 10 EUR. With this approach, we are particularly pleased to demonstrate how flexible CFDs can be.”
His brother Dominic Heyden, co-founder and CTO, adds: “Of course, if you prefer to trade the stock physically, we'll be able to do so in a few weeks. Then zero-commission trading in equities, ETFs and structured products will be possible.”
For nextmarkets, however, the step into further asset classes is not the only product expansion. In addition to the current trading license, the FinTech, in which Peter Thiel, among others, has also invested, has now received permission to provide portfolio management services and is therefore entitled to offer an integrated digital asset management product.
There is also an exciting, albeit simple, solution when it comes to security that guarantees customers even more security in the future. The Authada identification solution is now, among other things, digital identification at nextmarkets. All you need to confirm your identity is an electronic ID card, the corresponding PIN and an NFC-enabled smartphone. The account opening process is considerably accelerated and can now be completed within a few seconds.
nextmarkets GmbH is a German FinTech company that wants to help private investors to operate more successfully and better educated on the stock exchange. Private investors can be accompanied by trading coaches in an innovative way, so that the term "curated investing" has been created. Nextmarkets, with offices in Cologne and Malta, currently employs 35 people and is supported by leading venture capitalists such as Peter Thiel, Founders Fund, Axel Springer, Falk Strascheg and the listed FinLab AG.
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