"Discord trading" describes the phenomenon of using Discord, a voice, video, and text communication service, to create and operate servers dedicated to financial markets. These communities range from free, open forums for discussing stocks, forex, and cryptocurrencies to exclusive, subscription-based groups offering trading signals, algorithmic bots, educational content, and mentorship. The business model for many of these servers involves charging membership fees for access to premium channels where "expert" traders or analytical tools provide allegedly profitable information. This ecosystem is largely unregulated and operates peer-to-peer, with thousands of independent communities rather than a single central company.

Founded in

United States