MumbaiTrader – another social investing startup

MumbaiTrader is a new startup, offering social investing tips to Indians. The site brings together a network of pre-screened and verified advisors, who will offer their services to investors. Each advisor is ranked and investors can opt to follow an adivsor based on their rating and track record. This Covestor like model has been implemented by other Indian startups like MoneyVidya and MarketHero (which seems to have deadpooled now).

There are some aspects of the site that arent quite clear to me. Can any user join as an advisor ? What screening, if any, is done to join as advisor ? If any user can join as an advisor, then I suggest they change their marketing message – since it seems to give the wrong idea that advisors are pre-screened select set of users.

Additionally, access to every feature on the site requires you to login. Which is a huge limitation. You want the users to be able to access as much of your site as possible to get a feel of the site and its features. By forcing to login / signup before exploring the site features will severely limit the number of users signing up the service.

mumbaitrader

Share:
  • Print
  • del.icio.us
  • Facebook
  • email
  • HackerNews

48 comments

  1. Again a good social startup but need to understand that good advisors will enroll only if they see any monitory benefit of their time.

    As all know every stock broker around the cornet has its in-house advisor but all know how good they are!!

    Best of luck to them and hopefully they come up with business model which benefit both society and experts.

  2. It is sad the research on the part of the SD team. They are mentioning about moneyvidya and markethero, while the social investing space has moved way ahead when it comes to Fourstocks and Stockezy.com
    As a personal user of stockezy, you can find all the required elements of a complete social investing community right here at stockezy. It is high time, SD team do more research b4 throwing up their reviews.

  3. I think the term should be “Investment Social”.

    What do you think?

  4. Investing is my way of earning money both online and offiline, right now i am into venture capital.,;;

    • Hi Maddison,

      I am MUMBAI based technocrat having vast experience in Renewable energy like SOLAR, WIND, BIO, WASTE TO ENERGY etc. I am looking for investor for my project. If you are interested then please contact me at 09967064472

  5. Wishing them very best in social investing!

  6. Interesting site…. I know a lot of people who use the online websites to trade in stocks. So these sort of financial websites can do very well if executed well.

  7. me and my friends have been into venture capital investments and so far the income is great.`,-

  8. Venture Capital is always risky but if market research had been done correctly, you will earn a lot:.’

  9. Up to end of 2008, I was a regular trader of stocks but slowly reduced once recision started.

    After reading your post, I am just thinking to start again.

  10. investing could earn you lots of money if you properly invest your money.”.

  11. Great post!!! Very informative and helpful to people like us. Thanks for sharing this post for everyone. I will share this link to my other friends.

  12. venture capital is quite risky but the returns are great if you succeed,~-

  13. its a good process….

  14. investing is really good specially if you have lots of capitalization to start with;,*

  15. venture capital investments are very very risky, don’t invest if you do not have the nerve to do so:;;

  16. investing is tricky, sometimes you win and sometimes you loss. Risk takers win of course “~;

  17. procz tego krocie malych firm albo indywidualnych programistow tworzy wlasne kompilatory ksiazek elektronicznych. Wsrod ksiazek na urzadzenia mobilne kilku producentow opanowalo gros istniejacych systemow (Windows Mobile, Palm OS, Symbian) – sa owo m.in. Mobipocket i ISilo.

  18. Wow this such a great article and the tips are very comprehensive. For sure many entrepreneurs with small and big businesses are going to benefit from this. Keep it up!
    http://en.wikipedia.org/wiki/My_ATM

  19. With two back to back victories, India leads by 2-1. This would be India’s first ODI series victory to be held on South African soil. In South Africa, Indian team has never won limited over series played in South Africa.
    To attain success at St. George’s Park, Indian skipper, M S Dhoni team will work at fullest! Batting skill of Yusuf Pathan has made India won the first two matches. During all the three matches, batting failed miserably, still visitors managed to get one-run victory against South Africa.
    In the second game, bowlers have played exceptionally well. Munaf Patel bowling is one of the key highlights of the game.
    Given below are the teams of India and South Africa.
    Indian Team: Mahendra Singh Dhoni (captain/keeper), Murali Vijay, Rohit Sharma, Virat Kohli, Yuvraj Singh, Suresh Raina, Yusuf Pathan, Harbhajan Singh, Zaheer Khan, Munaf Patel, Ashish Nehra, S Sreesanth, Ishant Sharma, R Ashwin, Piyush Chawla, Parthiv Patel.
    South African Team: Graeme Smith (captain), Hashim Amla, Johan Botha, AB de Villiers (wicketkeeper), Jean-Paul Duminy, Faf du
    Plessis, Imran Tahir, Colin Ingram, David Miller, Morne Morkel, Wayne Parnell, Robin Peterson, Dale Steyn, Lonwabo Tsotsobe.
    If you are looking for more information and updates on 2011 Cricket World cup then you must log on to http://www.2011cricketworldcuptickets.net! Feel free to call our executives any time, as we are available for 24×7! Book your online advance 2011 Cricket World Cup tickets from our affiliated partners. So, don’t think twice and register to our sign up section. You would be provided with emails and newsletters related to 2012 London Olympics!

  20. People from the past do not believe that an old man can become younger. But now scientist says that taking balanced food one can reduce one’s old age and become physically younger. Kenny Roggers Plastic Surgery has
    added new thoughts to plastic surgery. Kenny Roggers Plastic Surgery has given an inspiration to become younger to many disappointment old people.

  21. Excellent overview, it pointed me out something I didn’t realize before. I should encourage for your wonderful work. . I am hoping the same best work from you in the future as well. Thank you for sharing this information with us.

  22. Check out the new marketplace to sell and buy anything.

    i.e wish to Buy old mobile , tv ,books,need to outsource your work etc.

    searching a client to sell your house, mobile,PC,need work etc.

    then your search ends here .

    just register ad post the request to sell anything and browse to buy.

    click the link below

    http://www.sellorbuy.in/

    and get instant quotes.

    see you at sellbuy.

    Regards
    SellorBuy Team
    (we brings seller and buyer together)

  23. Awesome article. It will be useful to everyone who will be able to use this information, including myself. Keep up the good work.

  24. I and my friends happened to be taking note of the nice tips and tricks on your web site and then developed a terrible suspicion I never expressed respect to the web blog owner for those techniques. All the ladies came as a consequence glad to read through them and have seriously been using those things. Thank you for indeed being considerably thoughtful as well as for having this form of brilliant tips millions of individuals are really desperate to know about. My personal honest apologies for not saying thanks to earlier.

  25. Very informative post!!!!!!!!!!!

  26. Today is morden arena of mobile. There are still gap between mobile app developer and app users. more and more startups coming on mobile but very new provides the solutions to bridge the gap. I found interesting startup http://www.vistrav.com whic provides collaborative and social platform for app users and developer.

  27. I think the competition is high enough, but Mumbai trader is really good one..

  28. Good Post, I am a big believer in posting reviews on blogs and forums to help the website writers know that they engaged something valuable to the worldwide web!

  29. It will be good to see how this startup does as compared to other well established players in the market.

  30. Jwoww jersey shore nude picture already been a kid of
    around 7, someone told me a a spiked fence am electric.

  31. Interesting artilce . I am stumbling your site right now

  32. Real good in rank can be real found on this blog. strona http://stronaprawastronalewa.com

  33. Purse History The first bags were worn by men to carry seeds, medicines, and other items related to their trades

  34. All the best, Good starting.

  35. Thanks for the Post. It has given helpful Information..

  36. http://www.techstore.co.in is a excellent site to buy best laptops and tablets online with great offer and discounts.

  37. It’s a great website to connect developers with funding companies

  38. Thanks for sharing this useful site, Mumbai trader looks like a great site to leverage angel investors.

  39. Is that share trading is risky?

  40. This post is priceless. How can I find out more?

    Also visit my web page; HandsonaHardBodyBroadway

  41. I’ll immediately take hold of your rss feed as I can not in
    finding your email subscription hyperlink or e-newsletter service.

    Do you have any? Please let me realize in order
    that I could subscribe. Thanks.

    My blog post … Jacky F. Schultz

Leave a comment