Jellifin.com is the online home of Jellifin, a company that says they want to provide people with an easy-to-use trading platform that never charges their customers any commissions, period.
How Does It Work?
According to their website, the big brokerage investment firms mark up their options trading by more than 7,500% per contract. This means that it simply is prohibitively expensive for clients and customers to invest smaller amounts of money – it just wouldn’t make sense for them.
Jellifin.com says that their mission is to “democratize access to the options trading industry.” To do this, they created a team of engineers and options traders with more than 17 years of combined experience.
This team built a simple to use, low latency trading platform that doesn’t require any brick-and-mortar locations nor any celebrity spokespeople to promote. Because they are able to keep their operating costs so low, they have decided to make it completely commission free to complete options trades.
Their website says that they will also provide their members with access to real time market data at no additional cost, because they know how frustrating delayed charts and option chains can be.
Jellifin is still technically under development and will be available soon. They also ask interested parties to submit their email address so that they can be notified when their Beta testing will begin, in case you would like to be a part of it.
As mentioned above, this website promises that they will never charge their customers any commissions for using their trading platform for their options trading, and they believe that this will make a serious impact on many of their customers’ ability to trade since most other platforms charge $7.00 plus $0.75 per contract for each trade.
They have recently updated their website to provide complete pricing information. They state that there is no minimum required whatsoever to open an account and their plan is to charge members a flat rate of $25 per month which will get them unlimited trades, covered calls, long calls, and long puts.
Because this company says they will not charge their customers any fees for their services, there really isn’t any reason for them to post a Refund Policy either. In addition, most investment companies do not provide refund options for their customers, because clients should understand the nature of their investments, the fees which are required, and that losing money is always an option.
Customer Service Contact Info
Customers who would like to contact Customer Service with any questions, concerns, or complaints can do so by submitting them directly to their website through their Contact Us link or by email at [email protected]
Because this company is still in development and has not yet launched, there are no customer reviews available for this company, and also not really any professional reviews either. Customers who are interested in this platform should sign up for their email newsletter so they can stay in the know about how this company is developing and when they plan to launch.
Competitors and Alternatives?
There are many other online trading platforms that customers can use, but as mentioned above trading platforms that don’t charge their customers a single commission fee are often difficult if not impossible to find.
If you have any experience with this company or their products, please leave your Jellifin.com reviews below.