Fintech Penny Stock: 9F Inc. Increases by 24.24%

9F Inc. is a Hong Kong-based blockchain securities brokerage platform. The stock is listed on Nasdaq and managed to outperform the market, recovering from its monthly lows.

Tech penny stocks have always attracted investors and traders’ attention as some companies managed to return multifold returns in a short period of time. Depending on your risk appetite, adding tech penny stocks to your portfolio could be a lucrative choice.

If you want to know more about 9F Inc, a sharply increasing tech penny stock right now, keep reading.

How & Where to Buy 9F Inc. Stock Online

9F Inc. is one of the many foreign penny stocks listed on Nasdaq. To be able to trade it, you need to register with an online broker that provides such assets. To help you save time, we’ve selected two of the best brokerage platforms right now:

eToro

eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.

Pepperstone

Pepperstone was founded in 2010 in Melbourne, Australia by a team of experienced traders with a shared commitment to improve the world of online trading. Frustrated by delayed executions, expensive prices and poor customer support, they set out to provide traders around the world with superior technology, low-cost spreads and a genuine commitment to helping them master the trade. Their mission is to create a world of tech-enabled trading where ambitious traders can embrace the challenge and opportunity of global markets.

What Is 9F Inc.?

9F is a brokerage platform that uses blockchain technology to facilitate online wealth management. The company is headquartered in Hong Kong. It connects young investors with worldwide investment opportunities via a blockchain-based platform. The stock is listed on NASDAQ (JFU).

Should I Buy 9F Inc. Today?

9F ended 2020 with 113 million registered users. Its stock price increased by 24.24% on Friday, being one of the main market movers. However, as a penny stock trading around $2, it is known for its high volatility. The stock traded without any significant news, but hot tech penny stocks have been quite the target this year so far.

Given the fact that the stock is foreign, it’s important to stay up to date with any news and developments in China, especially from a legal perspective. If you are looking for a fintech penny stock right now, 9F Inc. may be worth monitoring.

9F Inc. Price Prediction 2021

There are no analysts covering this stock. However, given its 52-week high of $3.50 and a 52-week low of $0.72, it’s best to do your due diligence before investing in it as high volatility means higher risk.

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