Minimize your Trading Costs with Transparent Pricing at Place Trade®
No BS
No Fairy Tales
No shiny distractions or promises of a free lunch!
|
Simply transparent pricing & Deep Discount CommissionsWe don't take payment for order flow, we don't trade against your interests and we don't find other ways to make it seem like you are getting stuff for free. We believe in transparency. We believe that our clients are smart and they know that there is no such thing as a free lunch as well as the fact that every firm has to pay to keep the lights on (which is difficult to do if there is no actual revenue coming in). We simply use SmartRouting technology to search for the best prices and executions that we can get and we work hard in order to maintain extremely low overall trading costs while offering advanced trading technology as well as great service to our clients. View our (transparent) online trading commissions on all products, including stocks, ETFs, warrants, options, bonds, mutual funds and other securities from around the world below.
View International Online Trading Commissions:
US Online Trading
Seriously Low Margin RatesWho 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.
Interest & FinancingDefines benchmarks used to calculate interest rates, and displays interest paid and interest charged calculations for all currencies. Includes calculations for many sample situations based on the data you see on your statements.
Research, News & Market DataWe offer access to a wide variety of data but we do NOT require that you purchase (subscribe) to any data in order to trade with us! Should you choose to subscribe, this section outlines the market data fee structure for both professional and non-professional subscribers for global market data, as well as Reuters Fundamentals and News Feeds.
Other Potential FeesThis section includes fees that fall outside commissions, interest and market data are listed here. Includes fees charged for order cancels/modifies, trade busts and adjustments, prime broker take-ups, deposits and withdrawals (including free monthly wires), exercise and assignments, American Depository Receipts (ADRs) and fees for bounced checks, stop payments, etc.
|
Retirement Planning for Individuals, Small Business and Enterprise
Full Service Financial Advice & Investment 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.
Good to Know Check out even more great reasons to move your account to Place Trade today!
No Required Minimums We do not require minimum balances, monthly commissions or trade executions. Of course, regulatory rules are still in place for margin accounts and Pattern Day Traders (PDT) so you will want to keep this in mind if these subjects apply to you.
No Platform Fees
No Account Transfer Fees (ACATs)
No Corporate Action Fees
No "Base Plus" Commissions or other tricky stuff!
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!!!)
Advisor Fees Advisors charge their clients for services rendered either through automatic billing, electronic invoice or direct billing. This page describes the available billing methods including caps and limitations. |
When it comes to Trade Execution... What you can't see CAN hurt you!
Our Clients Benefit from the SmartRouting Advantage - Delivering Exceptional Transparent Pricing and Execution!
SmartRouting searches for the best firm stock, option, and combination prices available at the time of your order and seeks to immediately execute your order electronically for best execution. While every firm is required to provide "best execution" if your broker is receiving payment for order flow or making up for "free commissions" elsewhere, you may be paying more for your overall investment expenses than you realize. Remember, the old saying "there's no such thing as a free lunch!" Get transparent, low-cost trading with exceptional service when you move your account to Place Trade!
|
|
*Stock Minimum $1.50, Stock Commissions are "All-in"(exchange fees are included) for Smart Routed orders. Options Minimum $1.50, No Base Fee, Simple $0.75 Per Contract (Exchange fees and credits/rebates are passed through directly to you with no mark-up or payment to Place Trade®.) Place Trade calculates the interest charged on margin loans using the applicable rates for each interest rate tier listed on its website. Margin Rates displayed above are based on margin loan balances which are held in each specific tier. Balances held in each tier will continue to be charged the rate applicable to that tier. (Balances that cross multiple tiers will continue to be charged the applicable rate for each tier and will effectively offer a combined rate - the balances in the lower tiers are not reduced to meet the rates offered in the higher tiers.) For additional information on margin loan rates, please see our margin rates page by following this link.
We simply offer complete transparency, extremely low overall trading and investment costs along with great execution and service because our clients know that there is no such thing as a free lunch!
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
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®.)
|