CommonStock
CommonStock offers a platform for linking brokerage accounts to share real-time portfolio performance and trades, providing a social network that amplifies the knowledge of top investors verified by track records.
Services
CommonStock offers a platform where users can link their existing brokerage accounts to share real-time portfolio, performance, and trades. The platform acts as a social network focused on investment insights from verified investors. It allows users to follow financial experts and friends, receive trade alerts, and get investment ideas based on real performance tracks. In addition, investor leaderboards feature rankings based on actual performance and content sharing. The service does not operate as a brokerage but builds on top of existing brokerage services.
Social Investment Network
CommonStock provides a social network that amplifies the knowledge of top investors, who are verified by their actual track records. The platform enables users to share investment insights and transactions without revealing precise dollar amounts, only percentages. This allows for a level of transparency and insight sharing while maintaining the users' privacy. Members can follow financial experts and friends, gaining access to valuable investment strategies and ideas based on real-time data.
Security Features
Security is a key focus for CommonStock. The platform utilizes bank-level encryption for connecting to brokerage accounts and encrypts user data at rest. Additionally, CommonStock conducts annual penetration testing carried out by third-party services to ensure the system's security. These measures help safeguard users' financial data and maintain the platform's integrity.
User Privacy and Data Sharing
CommonStock prioritizes user privacy by allowing members to share portfolio performance and trade information without disclosing exact dollar amounts, only percentages are shown. This feature ensures that users can benefit from shared insights and strategies while keeping their financial specifics private. The approach allows for a community-driven investment platform where users can share knowledge without compromising their confidentiality.