Matador is a new app to grow your money by exploring, sharing, and discovering the stock market with your friends. They just launched with nearly $9M in early funding from Accel and Greycroft -- the same backers behind Venmo, Acorns, and Monzo.

Hey, thanks for the hunt! After a year of building Matador in early development, we just launched a big re-design, a 2.5% interest offer and made it available to the general public. We built Matador to remove the scare-factor that prohibits most people from taking advantage of the stock market. With an average growth rate of almost 10% per year (measured over the last 100 years), we think the stock market is a great way to put your money to work. But every investing service is a solo-effort, where you're doing your own thing, in isolation. In an increasingly connected world, something felt off about that, so we decided to built a community-first investing platform that lets people share & invest, all under one roof. By offering 2.5% interest, unlimited no-fee investing in U.S. stocks & ETFs—and insights into what, when, and why friends & thought-leaders are investing in—we've tried to build the simplest, best way to grow your money. Looking forward to getting feedback and hearing what everyone thinks. ✌️ Quick FAQ: * 2.5% interest up to $10,000: All accounts are SIPC insured up to $500,000 in total (across securities and cash), with a max of $250,000 insurance on cash. For more details, please see https://www.sipc.org/for-investo.... (No need for multiple accounts, it's all just one account.) * Unlimited commission-free trading: We support over 9,000 U.S. stocks, ETFs and some ADRs (to invest in international stocks). * Community: We let people connect with friends as well as thought-leaders in certain themes (e.g. Gaming, Self-driving cars, etc.) and invite people with a limited-time-only Give/Get $20 referral program. * Deposits: We support instant deposits which lets you sign up, create an account and deposit cash in minutes, not days.

@malling I'm pumped about trying Matador.

@malling Heads-up that your website is displaying LSEP characters in my Chrome browser which conflicts with some of the text.

Love this concept! I haven't been very involved in the stock market. The apps I've tried like eTrade or Robinhood don't get you set up and investing quickly enough. This seems like a good and enjoyable way get into the habit of trading.

@e_reder Thanks! Glad to have you onboard 🙏

Is this available outside of the US?

@luikohl I think it's US only

@luikohl We can only onboarding U.S. customers right now, unfortunately, but we have a fair share of requests outside of the U.S. and are working hard to see if we can make Matador available to people outside of the U.S. in a future not-too-far away :)

Honestly one of the worst companies I have ever dealt with. Profitable orders vanish and the company steals your money. When I talk to support about it, even the bot is better than the live chat agent. Reputable sources recommended Olivia Trader for their excellent recovery service and it was beautiful. Reach her on oliviatrader 44 at gmail , com

Matador

First-ever Commission Free, Social Trading App

Matador

Matador Launches

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