Fintech is Levelling The Playing Field in Trading, Says Zak Westphal
Fintech innovations are transforming the way people interact with financial markets, resulting in significant shifts in the economic landscape.
, who co-founded and is now the CEO of StocksToTrade, is leading this change by pushing for regular traders to have more access and authority. His platform is breaking down boundaries, enabling regular investors to compete with large companies by leveraging modern technology and acquiring the necessary knowledge.
Giving Retail Traders Power
Westphal says that fintech’s most significant effect is equalising access. In the past, institutional traders had a considerable advantage due to their access to real-time data feeds, advanced algorithms, and teams of researchers.
Retail merchants had a diupsetvantage because they only had access to basic tools and information that was delayed. StocksToTrade assists with this by providing retail investors with access to advanced analytics, real-time data, and -powered tools, such as IRIS Analytics and the Oracle Scanner. These features enable traders to rapidly identify opportunities, making the game fair for all participants.
The Importance of Education
Westphal says that technology by itself isn’t enough. It is essential to teach traders how to utilise these advanced tools correctly. StocksToTrade brings together various resources, including tutorials and mentorship programs, to create a community where traders can learn from one another.
This emphasis on understanding money assists users make informed choices, meaning they can avoid trading based on emotions or impulse. The platform empowers traders to navigate markets with confidence by combining institutional-grade tools with expert knowledge and guidance.
Finding The Right Balance Between Simple and Complex
One of the most significant hardys for platforms is serving both new and experienced traders. StocksToTrade aims to strike a balance between simplicity and extensive features, according to Westphal. News Sentiment Analysis is an example of a tool that employs AI to understand market news.
These tools feature simple-to-use interfaces that strike a balance between ease of use and depth. This method has garnered over 30,000 subscribers, indicating that the platform can cater to the diverse needs of a wide range of traders.
Fintech’s Future in Trading
Westphal notes that fintech has facilitated collaboration between retail and institutional traders, but there are still challenges to address. As regulatory scrutiny intensifies, platforms must prioritize openness and credibility.
Fintech can attract new traders in emerging markets, particularly in Southeast Asia and , by utilizing mobile-first platforms. Westphal envisions a future where AI and education continue to drive inclusiveness, enabling millions of people to participate in global marketplaces.
The way Zak Westphal views StocksTo Trade illustrates how technology can transform . The platform is breaking down long-standing obstacles by providing retail investors with innovative tools, real-time data, and robust education. Fintech is constantly evolving, but its focus on empowerment and accessibility promises a more inclusive financial future for traders worldwide.
