Hey Product Hunters, we’re excited to launch this one. Would be happy to answer any questions about the technology. We’re supporting fractional shares, so you can give a gift of as little as $20 of stock with just an email. It’s pretty cool, check it out!
@bobhaigler@jhubball We offer individual stocks and high quality Vanguard ETFs. Once we get to know the gift recipient better, we will make recommendations based on their goals and timeframes
Hey Rob - Thanks for jumping in! We charge a gifting fee of $2.95. We charge no trading commissions. So if you give $50, $50 will be invested into your recipient's account. Customers can use our service to access lower trading commissions - we welcome it!
Helping customers create their brokerage account and then helping these customers grow their account is core to our product. We believe we are delivering value if we can help our customers grow a $50 gift into a $5k+ account using our tools. We charge 0.45% on accounts over $5k and our customers never pay commission fees. We hope you will try it out.
@dshan Yup, the gift is a normal security in an account, just easier to accept and own. It can start as a fractional share as you build it up. We help the recipient get set up, all online in a few minutes (no need for previous experience with stocks).
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