Company
Date Published
Author
Luke West
Word count
1559
Language
English
Hacker News points
None

Summary

Gotrade, a prominent investment app in Malaysia, has launched options trading for users in Southeast Asia through a partnership with Alpaca, a leader in brokerage infrastructure. This expansion addresses historical barriers to global investing in the region, where high fees and complex regulations have limited access. Gotrade's platform, which previously allowed fractional trading of U.S. stocks for as little as $1, now includes options trading, offering users potential leverage and risk management opportunities with user-friendly features like visuals and in-app guides. The collaboration with Alpaca ensures a robust infrastructure for streamlined order execution, marking a significant shift in making sophisticated investment tools accessible to retail investors in emerging markets. Both companies see this as a continuation of their partnership, which began with fractional trading in 2021, and aim to innovate and scale quickly within these markets.