About Marketfy
We review hundreds of financial products, created by industry professionals, sift through the muck to find you only the best tools to help you trade and invest. Everything from newsletters that provide trade alerts, educational material, books and webinars can be created and purchased on Marketfy.
What is Marketfy?
Marketfy is the first ever curated & verified marketplace for everything trading. As a financial institution ourselves, we were tired of all the spam and dishonesty that was taking over the newsletter industry so we decided to do something about it.
Benzinga created Marketfy to help traders & investors find the best financial products, tools & education without having to question the quality and legitimacy of the services.
Each trade is verified and executed in real-time so mavens aren't able to fudge numbers or past trade results. Every Maven on Marketfy goes through a rigorous background check to ensure we provide traders & investors with products run by the trading elite.
Who are Mavens?
Mavens are the industry experts who run the products & services on Marketfy. Each Maven goes through rigorous background checks prior to launching a service or product on Marketfy to ensure they have the industry experience and expertise.
Marketfy Concierge
Once a member on Marketfy, you'll have access to much more than your product. A personal concierge from Marketfy will be at your beck and call to answer any questions or concerns you have and will help you find the products you are looking for.
After you find the product that you're looking for, you can rely on your concierge to keep you up to date on any updates or developments and make sure you don't miss a beat.
What is Verification?
Marketfy brings 100% transparency to the world of online trade alerts, newsletters & educational tools.
We believe that numbers, data, and performance should be for itself. Using our proprietary technology, Marketfy removes all threat of portfolio and trade alert manipulation.
The Marketfy seal of verification indicates a fully tracked, tested, approved & transparent financial product.
Verification
We believe that numbers, data, and performance should speak for itself. Using our proprietary technology, Marketfy removes all threats of portfolio and trade alert manipulation.
The Marketfy seal of verification indicates a fully tracked, tested, approved, and transparent financial product. We believe that numbers, data, and performance should speak for themselves. Using our proprietary technology, Marketfy substantially removes all threats of portfolio and trade alert manipulation. Marketfy brings transparency to the world of online trade alerts, newsletters, and educational tools
So how does Marketfy prevent manipulation?
All Mavens and products go through an application process before being listed on the Marketfy platform.
- Mavens are background checked during the application process.
- Trade alert products and services are traded by an in house Marketfy employee for a minimum of 30 days during the application process.
- All financial courses, materials, and tools are tested for quality and assurance during the application process.
Every trade alert issued by a Maven is entered on Marketfy's proprietary technology that works just like an online brokerage. This makes it possible for every trade alert to be tracked and viewable on a fully transparent portfolio. See below how Marketfy verifies and tracks every single trade alert that you receive.
- Maven's come to the Marketfy platform when they want to issue a trade alert to their members.
- Mavens select the stock, option, commodity, or currency that they will be trading.
- Mavens specify the risk size of the position.
- Mavens execute the trade alert to their members.
- Entry or exit price of the trade alert is based on the real-time market price at the time of the alert being executed.
- Members receive the trade alert instantly via email, text message, or the Marketfy website.
Performance Reporting After the Trade.
For options portfolios, the performance of a specific position is added to the overall portfolio performance after the position has been closed.
For stock portfolios, the overall performance of the portfolio (including unrealized gains/ losses), is updated at the end of each day (approximately 9 PM EST)
While Marketfy verifies and tracks every trade as it is made, the risk of inaccuracies due to human error in imputing the trade, technical glitches, post-trade changes in the security holding due to stock splits, combinations or dividends in-kind and similar issues cannot be eliminated. Marketfy endeavors to discover and correct such potential and existing inaccuracies as quickly as possible.
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