dough, a Chicago, IL-based brokerage firm with content for investors, raised $20M in funding.
tastytrade, Inc., made the investment.
Led by Victor Jones, Formerly TD Ameritrade’s Director of Trading and Operations, dough is an online broker which focuses on the retail investor, commission-free stock trading, zero account minimums, and iOS and Android apps filled with real world opportunities, and live in-app support.
Fully licensed in 50 states and 3 jurisdictions to provide brokerage services, customers can trade stocks and ETFs listed on a U.S. exchange.
Customers will be charged a $1 monthly subscription for unlimited commission-free trading.
The company will start accepting customers in September.