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Minimize your Trading Costs with Place Trade®

Minimize Investment Trading Costs

*Stock Minimum $1.50, Stock Commissions are "All-in" for Smart Routed orders.  *Options Minimum $1.50, No Base Fee, Simple $0.75 Per Contract (Exchange fees are passed through directly to you with no mark-up or payment to Place Trade®.) 

 

Enjoy Huge Savings & Learn Why Experienced Traders Choose Place Trade!

 

Place Trade has been ranked as one of the lowest cost online trading firms by internationally recognized independent sources.  Flat rates are not always cheaper - especially when you realize what is lying behind the sparkling stuff.  Your overall trading costs are detrimental to your bottom line.  

Great Service, award winning trading technology, access to experienced financial professionals when you need them along with some of the lowest commissions and margin rates in the financial services industry are just a few of the reasons why more people are switching to Place Trade every day! 

 

 

 Award Winning Customer Service & Trading Platforms • Usability • Portfolio Analysis & Reports • Research & Amenities • Education 


 

Deep Discount Online Trading Commissions

Smart Traders enjoy some of the lowest commissions of any full service or online broker.  View online trading commissions on all products, including stocks, ETFs and warrants, options, bonds, mutual funds and CFDs around the world.


View International Online Trading Commissions:

Asia Pacific

Europe

North America

 US Online Trading

 

 

Seriously Low Margin Rates

Who cares if you save a couple of bucks on a stock's commission when you end up paying thousands of dollars more to hold it on margin?  Whether you are looking for the lowest margin rates on your full service or online trading investment accounts, you will find that Place Trade offers significantly lower margin rates than lead competitors! In fact, we offer some of the lowest margin rates of any national brokerage firm.   

View Current Margin Rates:

USD Balances

All Available Currencies


 

Account Related Costs & Other Potential Fees

Even If your current broker is charging you a cheap commission you may still be losing out by paying lots of hidden fees or getting lousy fills on your orders.  There is a reason why Place Trade has been named one of the lowest cost brokers... don't let the not so obvious fees take a huge bite out of your bottom line! 

 

 

Best Execution - Verified!

Although "Best Execution" is not a fee, we include it here because getting a better fill reduces your overall trading costs and obviously improves your overall investment returns.  

Learn what others won't tell you and why sometimes what may look cheaper somewhere else may cost you more in the long run... just because you cannot see something - it does not mean that it is not there eating away at your bottom line!  Does your broker offer you rebates or your part of the credit spread or is this just another way that you are paying more without even realizing it?


Learn about what others are conveniently Leaving Out


Full Service Financial Advice & Planning

Full service financial advice is available to all clients however the fee schedule is higher and fees will depend on the level of service that you are searching for to help you meet your investment goals.  Speak with an experienced financial professional today for more information by calling 1-800-50-PLACE or 919-719-7200.

 

No Platform Fees


No Account Transfer Fees (ACATs)


No Corporate Action Fees 


No "Base Plus" Commissions or other tricky stuff!


No Requirement to Subscribe to any Market Data Fees!


 

No Fees to Wire Funds once per month! (First Wire is Free - if you actually do more than one it is still super cheap after that!!!)

 

Please Note:  We show all of our fees but that does not mean that you will necessarily be paying all of them. If you think that we are expensive please give us a call so that we may clarify our fees as they would apply to your specific situation.  

 

When choosing the broker that is right for you, it is important to consider your overall trading costs as well as ability to access the right products and services that you actually need.  What good is a cheap broker if you get lousy service?  What good is a cheap commission if you get a lousy fill (and most likely do not even know it)?  

  

 Our clients include both active and professional traders/institutions as well as individual investors that buy and hold for the long term and just about everywhere else in between!  

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Execution Price Comparison*


Net Dollar Price Improvement vs. National Best Bid/Offer2      Significantly better than the industry average for 8 years in a row!       Independent Third Party Verification      

Best Execution

 

The Smartest Traders know the difference between being told that they are getting lightning fast executions and actually getting the best execution. Verified!

Using IB SmartRoutingSM technology we;

  • search for the best firm stock, option, and combination prices available at the time of your order, 

  • seek to immediately execute your order electronically and

  • we have independent third party verification to back up the stats - No fluff, just the facts!  
 

*The statistics speak for themselves. Based on independent measurements, the Transaction Auditing Group, Inc., (TAG), a third-party provider of transaction analysis, has determined that our clearing firm's US stock and options price executions and European stock1 price executions continued to be significantly better than the industry2 during the second half of 2013.

 

 

 

Barron’s Best Online Brokers ~ 4.5 Stars 

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Barron’s awarded Place Trade with an overall 4.5 Stars and an overall Top 3 Rating in the Barron's Best Online Brokers annual review ~ Top 10 Ranking ~ 3 years in a Row!

Criteria included Trading Experience and Technology, Usability, Mobile, Range of Offerings, Research Amenities, Portfolio Analysis & Report, Customer Service & Education, and Costs.


The Best Online Brokers of 2014   (March 15, 2014)  


Back Online!  (March 12, 2013)


Cut the Cord  (March 12, 2012)


Barron's is a registered trademark of Dow Jones & Company, Inc.


                                       

 

 

Stock Commissions for Asia-Pacific Markets      Stock Commissions for European Markets      Stock Commissions for North American Markets


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In addition to extremely low commissions and margin rates Place Trade clients receive the benefit of proven price improvement via IB SmartRoutingSM verified by The Transaction Auditing Group, Inc. (TAG).


Broker-assisted and Full Service Orders start at only $15. Contact an advisor at 1-800-50-PLACE for our full service commission rates. 


Fine Print:

[1] Rates were obtained on May 5, 2014 from each firm's website. Some of the firms listed may have additional fees and some firms may reduce or waive commissions or fees, depending on account activity or total account value. Supporting documentation for any claims and statistical information will be provided upon request.

[2] Place Trade calculates the interest charged on margin loans using the applicable rates for each interest rate tier listed on its website. For additional information on margin loan rates, see: index.php/why-place-trade/reasons-to-choose-pt/low-cost/very-low-margin-rates

[3] Our clients benefit from the strength of our clearing firm's execution which have
 outperformed the industry as a whole for Eight Straight Years - 2007 through 2013 based on independent measurements by the Transaction Auditing Group, Inc., (TAG), a third-party provider of transaction analysis. 


Price Improvement for each period is as follows:


  Equities cents 
per 100 shares
Options cents 
per contract
2nd half 2007 35 57
1st half 2008 475 53
2nd half 2008 42 60
1st half 2009 532 22
2nd half 2009 42 60
1st half 2010 28 53
2nd half 2010 30 21
1st half 2011 38 20
2nd half 2011 30 21
1st half 2012 33 19
2nd half 2012 41 24
1st half 2013 20 21
2nd half 2013 23 20

 


[4]  Net $ Improvement per Share Definition 

 

((# of Price Improved Shares * Price Improvement Amount) - (# of Price Disimproved Shares * Price Disimprovement Amount))
Total Number of Executed Shares


[5] For additional information regarding Best Execution please see index.php/low-cost-trading-investing/verified-best-execution and review the following information courtesy of our clearing firm (Interactive Brokers [IB]): The Transaction Auditing Group (TAG). Industry as a whole for the referenced periods according to TAG. The TAG analysis for US stocks included all market orders of 100 shares or more up to 10,000 shares. The analysis for US options included all market order sizes in US options and includes exchange rebates received by customers under IB's cost-plus pricing structure. The TAG analysis of orders routed to exchanges in Europe included all orders routed for execution during regular trading hours including all market and marketable limit orders and orders near the market (orders having a limit price within one-tenth of a Euro from the quote price at time of order receipt) on stocks listed on the included exchanges, weighted by the volume executed on each exchange. The exchanges for European stocks are XETRA, EURONEXT, CHI-X, WIENER BORSE, TURQUOISE, LONDON and NASDAQ OMX.


Source:  The Transaction Auditing Group (TAG). Industry as a whole for the referenced periods according to TAG. 


About TAG: 

Since 1996, TAG has been the leader in independent Best Execution analysis throughout the US and now, Europe. Its products offer comprehensive assessment of execution quality for equities and options, utilizing massive real time market data and archival capabilities with proprietary measurement tools to create standardized and custom reports. TAG provides business intelligence to gain market share, differentiate from competitors, and validate performance. 

For more information visit www.tagaudit.com. The Transaction Auditing Group, Inc. (TAG), an independent company, is not affiliated with Place Trade Financial or our clearing firm. The statistics provided by TAG are from sources believed to be reliable, but TAG makes no representation as to the completeness or fitness for any particular purpose. Information produced by TAG is copyrighted and any unauthorized use, duplication, redistribution or disclosure is prohibited.

 

Any trading symbols displayed are for illustrative purposes only and are not intended to portray a recommendation.


Place Trade Financial, Inc. is a member of FINRASIPC.


Please check out our Margin Trading page, or view our rates for online Bond and Options trading.

 

 

 

 

1-800-50-PLACE (1-800-507-5223) or 1-919-719-7200 

 

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Learn more about retirement planning by visiting some of the links below:

Roth IRA

SEP IRA

SIMPLE IRA

Traditional IRA

Qualified Plans

Rollover IRAs

Find out how Place Trade can help you get the most out of your college planning by visiting some of the links below:


Coverdell ESA

529 College Savings Plans

UGMA/UTMA Accounts