May 19, 2011

Hivetrader – Online Investment Tracking

Looking for a better way to track the performance of your investments online? Investment banking websites often leave a lot to be desired, which is why Hivetrader has become the go-to solution for everyday investors who are interested in finding a smarter way to manage their trading accounts online. In just seconds, a Hivetrader user can start an account, compare the performance of his investments to others online, and begin discovering new investing ideas and financial opportunities that could be worth exploring.

Begin “hivetrading” with Hivetrader by picking a username and registering for a free account. Next, it’s time to start uploading information for all the investment accounts you’ve got online. Hivetrader has access to online accounts at more than 14,000 banking institutions, so the odds are it probably supports the accounts you’ve got on hand. Add any brokerage funds, 401Ks, IRAs, 529s, or other managed investment accounts and watch as they begin to appear on your Hivetrader dashboard. Once all of your accounts have been uploaded, you’ll start seeing graphs and charts with all types of information and advice for how your current investments could be diversified or improved. The next step with Hivetrader is to compare the performance of your investments to the investments made by people you know – either in real life or online. Hivetrader will rank your investing acumen, with the hope that you’ll begin to learn more about smart investing by watching others who rank higher than you on the site. The web-app also offers special tools that will help you determine which investment plans are working and which are worth leaving behind.

Just because Hivetrader takes a “social approach” to investing doesn’t mean you need to share your account balances with friends. Rather, the web-app only shows people your percentage returns as a way to protect your privacy. Hivetrader is an excellent application that personal investors can use to learn more about making money in the markets.

Practical Uses:

  • Get advice on how to diversify your holdings
  • Maximize the returns on your retirement accounts
  • Measure your investing skills against your friends
  • Learn about new investment opportunities with potentially high returns

Insider Tips:

  • Hivetrader protects its users’ data with bank-level security
  • More than 14,000 institutions allow portfolio monitoring with Hivetrader
  • Users retain control over how their data is stored and shared online
  • Hivetrader users can add an unlimited number of accounts to their portfolios

What we liked:

  • Hivetrader is making personal investing a social activity
  • Investors can compete to have the highest ranking on Hivetrader
  • Hivetrader compares users’ percentage returns, rather than the specific amount they have invested in the markets
  • Users can see what investment tactics are and aren’t working for them

What we didn’t like:

  • Some people might be hesitant to hand over their investment account information to a relatively new website


Company Info:

  • Launched: February 2011
  • Privately Held
  • Headquarters: Norfolk, Virginia
  • Founded by: Scott Owens, Alfred Chiesa, and Jim Hamer
  • Web site:


  • Free


  1. Check out for tracking your stock picks

  2. The next step with Hivetrader is to compare the performance of your investments to the investments made by people you know – either in real life or online.

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