kaChing Launches Trade Mirroring Service
kaChing announced its trade mirroring service today, opening up opportunities for the eight “Geniuses”. These eight investors made the cut from over three hundred thousand users registered by earning a” kaChing IQ” of 140 or greater and meeting other criteria.
In order to qualify, a user must meet the following criteria:
- They have an Investing IQ of at least 140;
- The cost of no single position in their virtual portfolio represents more than 25% of their portfolio’s market value; and
- They have managed a virtual portfolio on kaChing for at least 12 months.
Now investors like us can choose to put money in their trades and simply watch your investments grow. You know exactly what they’re trading, how they’re performing, and what their trading strategies are. Furthermore, you can choose to opt out anytime you wish. The cost? Less than 1.5% management fee on average and a few cents a share for brokerage fee (Interactive Brokers).
kaChing already has over 2 million dollars invested in it as a SEC RIA (Registered Investment Advisor).
There’s an array of investors waiting for your investment. Some are amateurs, and some are RIA professionals. So whether you’re looking to be the next Genius or want to perform better following these Geniuses, give it a shot.