Firstrade Launches AI Investment Research Tool FirstradeGPT

Leading online brokerage Firstrade Securities Inc. (Firstrade) announced Tuesday the introduction of FirstradeGPT, an AI research and analysis offering for everyday investors, aiming to deliver all clients access to AI-driven insights, research, in-depth analysis, and data visualization.

Powered by FinChat.io, the all-in-one investment research platform, via various generative large language models offered by unaffiliated firms including OpenAI, the new tool was trained on in-depth data on global equities and business-specific KPIs, empowering investors to make faster and more informed financial decisions.

"Firstrade has been a true pioneer in this space and is once again pushing innovation forward for the benefit of Firstrade clients," said Braden Dennis, CEO, FinChat.io. "We are honored to be working with Firstrade to bring this technology to every type of investor."

"AI will rapidly transform the entire investing landscape, and we believe investors will continue to leverage these advancements in their daily trading activities. Our team is excited to lead this adoption curve and will commit to expanding our resources and tools in this arena to further enable our customers to make better, faster, and more informed trading decisions," said Don Montanaro, President of Firstrade. Our launch of FirstradeGPT underscores our commitment to enhancing AI services for retail traders, and we will relentlessly focus on delivering impactful AI technology in the months ahead."

This collaboration follows Firstrade's partnering with Trading Central​, the provider of investment decision support tools and analysis, to facilitate its clients to make more informed decisions and smarter trades.