Ninety Nine is an upcoming online brokerage service in Spain. The company aims to revolutionize the online trading industry with its commission-free investing.
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Ninety Nine Broker Benefits
Ninety Nine was born after its founders realized how much money the traditional brokers were charging. The commissions charged exceeded the profits on many occasions. This led the team to perform months of research and come up with a new model that would open trading to almost 90% of the population and not just the privileged few.
Ninety Nine Trading Academy
Ninety Nine aims to begin the process with a solid foundation of education. The company has a trading academy with basic and advanced courses, including the whys and hows of investing, trading styles, world stock markets, and investment psychology. New traders can prepare themselves before being launched as professionals. There are advanced courses on fundamental analysis and technical analysis, as well.
Commission and fees
The unique and most significant characteristic of Ninety Nine is its commission-free pricing structure. According to Ninety Nine, almost all of the fee charged by brokers consists of avoidable charges. The company has automated its systems to eliminate the preventable costs, making the trade almost free. Ninety Nine will provide detailed commission structure closer to its launch.
Ninety nine Broker Review
Ninety Nine plans to offer highest quality services at lowest possible fees, without compromising on security. The company is regulated under the EU standards and will remain under the supervision of Spanish financial authorities.