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Account Access  

Margins and Fees

  • Commissions
  • Account Fees
  • Software Fees
  • Routing Fees
  • Margin

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    Commissions 

    We will do our best to increase your profitability by reducing your cost of doing business and giving you a reliable product to conduct your trading business. If you are part of a trading group and need to go right to the top, please ask for the our  trading group department.

    If you do not see a commission rate below that works for you, please contact our sales department at 1-800-874-3039.

    Direct Access Commission Rates:

    Type Cost Per Trade or Per Share
    Equity Trades Plan A
     


    $2.95 per trade @ 1500+ trades per month
    $5.95 per trade @ 1000-1499 trades per month
    $7.95 per trade from 400-999 trades per month
    $9.95 per trade from 1-399 trades per month

    Equity Trades Plan B
     
    $0.003 per share 1,000,000+ shares
    $0.006 per share 500,000 - 999,999 shares
    $0.008 per share 0 - 499,999 shares
    Futures Trades Electronic
     


    $1 per contract per side plus fees 2000+ contracts per month
    $2 per contract per side plus fees @ 400-1999 contracts per month
    $3 per contract per side plus fees @ 0-399 contracts per month

    Options Trades $9.95 per ticket + $1.25 per contract
    Bonds Trades $50 per ticket
    Mutual Funds $50 per trade for no load

    * Plan A & B commission break points are based on previous month's activity.
    * Plan B has a 3 dollar minimum per trade and $30 max not including routing fees.
    * Clients with out trading software call in trades are $30 per ticket.
    * DVP and Institutional accounts may not qualify for these rates
    * Futures trades are plus exchange and NFA fees

     

    ACCOUNT PROTECTION

    Securities Investor Protection Corporation (SIPC) protection is in place for a total of $500,000 (up to $100,000 on cash balances). Penson Financial Services provides supplemental insurance in the amount of up to $25 million per account. This coverage does not protect against market loss.

    SPECIAL OFFERS

    Any special offers or commission deals we offer that are not accepted, by the client by opening and funding an account within 30 days, is automatically considered voided. After 30 days the offer would go back to the default deals listed above.

    INTERNATIONAL EXCHANGES*

    Exchange Commission Rate
    London 1%
    Paris 1%
    Amsterdam 1%
    Brussels 1%
    Lisbon 1%
    Xetra 1%
    Stockholm 1%
    Helsinki 1%
    Madrid 1%
    Milan 1%
    Copenhagen 1%
    Oslo 1%
    Virt X 1%

    * International exchange trades must be called into our trade desk and there is a $50 minimum commission per trade on those orders.

    ROUTING REPORT | PRIVACY | DAY TRADING RISK DISCLOSURE | MARGIN DISCLOSURE | FUTURES RISK | EXTENDED HOURS
    SITE MAP | ORDER FLOW | PENNY STOCKS | CIP NOTICE | TRADERS RESPONSIBILITIES | RISKS OF OPTIONS

    Copyright 2006, SpeedTrader.com ® All Rights Reserved.

    All transactions are executed through Stock USA Investments Member FINRA, PCX, NSX, SIPC, & NFA
    System response, trade executions and account access may be affected by market conditions, system performance, quote delays and other factors. The risk of loss in electronic trading can be substantial. You should therefore consider whether such trading is suitable for you in light of your financial resources and circumstances.
    Stock USA Investments is registered in all 50 states and Puerto Rico.
    Stock USA Investments is compensated from a portion of the bid/ask spreads for FX Trades.
    Stock USA Investments is a wholly owned subsidiary of Stock USA Financial, Inc.
    *4.37% money market as of May 17 2007 subject to change.
    Forex Trading Account - Options Trading Account - Stock Trading Account - Futures Trading Account - Online Brokerage Account - Day Trading Account

     


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