Connect to DriveWealth with ZagTrader
DriveWealth is a US-based brokerage-infrastructure provider whose technology powers embedded investing and fractional-share trading for fintechs, banks, and brokers through a modern API. ZagTrader lets desks and platforms route US-equity order flow to DriveWealth from a single multi-asset OMS/EMS over API and FIX connectivity. From order entry and execution through drop-copy reconciliation and post-trade reporting, you operate one integrated front-to-back workflow.
Who is DriveWealth?
DriveWealth is a US-headquartered brokerage-infrastructure company that provides the underlying technology for embedded investing experiences. Rather than positioning itself primarily as a consumer-facing brokerage, it offers an API-driven platform that allows fintech applications, banks, wallets, and brokers to add investing capabilities — including the ability to buy and sell US equities — directly inside their own products. A defining part of its offering is fractional-share trading, which lets end clients invest in notional dollar amounts rather than whole shares, opening US-market access to a broader range of investors.
For platforms and institutions building or expanding an investing proposition, DriveWealth is valued as an infrastructure partner: a single technology relationship that supplies the brokerage plumbing — account opening, order handling, fractional execution, and supporting services — behind the scenes. Reaching that infrastructure through a stable, well-monitored, certified connection is a practical requirement for any desk or platform that routes order flow to it, and that is the role ZagTrader is built to fill.
How ZagTrader connects and routes to DriveWealth
ZagTrader provides institutional connectivity to DriveWealth through supported API interfaces and FIX sessions, established and tested so that order flow, executions, and acknowledgements travel over resilient, monitored links. Because DriveWealth exposes its brokerage capabilities programmatically, this connectivity lets desks and platforms send US-equity and fractional-share orders to DriveWealth while retaining full control and visibility on the trading blotter.
Connectivity is delivered as part of ZagTrader's integrated Order Management System (OMS) and Execution Management System (EMS). Traders and platform operators work from a unified blotter, apply pre-trade compliance and risk checks, and use order routing logic to direct flow appropriately before it leaves the desk. Drop-copy and execution feedback provide an independent, real-time stream of execution and order-status information for reconciliation, surveillance, and risk monitoring. Because order management, execution, routing, and post-trade share one platform, there are no brittle hand-offs between disconnected systems.
- API and FIX sessions for order entry, execution reports, and acknowledgements.
- US-equity and fractional-share order flow with full blotter visibility.
- Order routing managed within the OMS/EMS before orders are sent.
- Drop-copy and execution feedback for independent reconciliation and surveillance.
- Pre-trade compliance and risk checks applied before orders leave the desk.
What you can access through DriveWealth
DriveWealth's infrastructure is centered on US-market investing, and its fractional-share capability is one of its most distinctive features. Routing through it via ZagTrader's multi-asset platform lets a desk or embedded-investing platform reach that access from a single, consistent workflow rather than building and maintaining bespoke integrations in isolation. The specific instruments, account types, and services available always depend on a client's own agreements and onboarding with DriveWealth.
- US equities — cash equities executed through DriveWealth's brokerage infrastructure.
- Fractional shares — notional, dollar-based investing in fractional quantities.
- Embedded investing — brokerage capabilities surfaced inside a platform's own product.
- Supporting brokerage services available under the relevant client agreements.
Post-trade, settlement, and reporting
Execution is only the first step in the trade lifecycle, and ZagTrader is built to carry flow routed to DriveWealth all the way through to booking. Fills captured over the connection and confirmed via drop-copy or execution feedback feed straight into the platform's post-trade processing, so that trades, allocations, and positions — including fractional quantities — are kept consistent without manual re-keying.
The platform supports trade confirmation and allocation, generation of settlement instructions, and reconciliation against counterparty, custodian, and clearing records. Clearing, custody, and settlement of US-equity activity take place through the relevant US-market infrastructure and the arrangements that sit behind a DriveWealth relationship; ZagTrader's role is to manage the order and post-trade data flow accurately around that process. Reporting and audit-ready record keeping are produced from the same source of truth that runs from order inception, helping desks and platforms meet their internal control and regulatory obligations.
Why integrate with DriveWealth through ZagTrader
Integrating with DriveWealth through ZagTrader means consolidating execution, routing, risk, compliance, and post-trade onto one multi-asset front-to-back platform instead of stitching together separate systems for each function. A single OMS/EMS blotter spans DriveWealth alongside other supported brokers and venues, so traders and operations teams manage their full book in one place and work from one consistent set of records — even when the underlying flow includes fractional positions.
API and FIX connectivity with drop-copy reconciliation give desks and platforms confidence that what was sent, executed, and booked all agree, while order routing and pre-trade controls keep execution disciplined. As needs grow, the same platform scales to additional counterparties, asset classes, and markets without re-platforming, making ZagTrader a durable foundation for firms that use DriveWealth to power embedded investing and fractional US-equity access and beyond.
- One multi-asset OMS/EMS for DriveWealth and additional brokers and venues.
- API and FIX connectivity with drop-copy reconciliation.
- Order routing and pre-trade compliance and risk controls.
- Integrated post-trade flow from execution through booking and reporting.
- Scales to more counterparties, asset classes, and markets without re-platforming.
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