TradeZero

MarceloD

1-2 Jahre

What are the cons of TradeZero?

WikiFX Antworten

The biggest con for me is the lack of regulation. This unregulated status makes me cautious about using the platform for large investments. Another drawback is the limited information about account types, which leaves me uncertain about what I’m getting into before signing up.

Broker Issues

TradeZero

Account

Platform

Leverage

Instruments

08-06

Vereinigte Staaten

Razzie87

1-2 Jahre

Can I know the details about TradeZero fees?

WikiFX Antworten

TradeZero trading offers a flexible fee structure. For free orders, they charge no commission on NYSE, AMEX, and NASDAQ orders of $1 or more. However, for paid orders, they charge $0.005 per share with a maximum of $7.95. For options, there is no commission, but they do charge a contract fee of $0.42 per contract, with an OCC fee of $0.02 per contract.

Broker Issues

TradeZero

Fees and Spreads

08-02

Vereinigte Staaten

kennis2244

1-2 Jahre

What is the commission fee on TradeZero?

WikiFX Antworten

For TradeZero broker, free orders are commission-free. However, paid orders incur a charge of $0.005 per share, with a maximum fee of $7.95 per transaction. For options, there is no commission, but the contract fee is $0.42, along with an OCC fee of $0.02 per contract. These fees are quite reasonable, in my opinion, but it's essential to keep in mind that these charges can add up for frequent traders.

Broker Issues

TradeZero

Fees and Spreads

07-16

Vereinigte Staaten

Xxpro

1-2 Jahre

What is the maximum leverage with TradeZero?

WikiFX Antworten

TradeZero trading offers leverage, but the exact maximum leverage is not mentioned on their website. From my experience, brokers in the US typically offer leverage up to 1:4 for retail traders, but I’d contact TradeZero broker directly to get more details on the leverage they provide.

Broker Issues

TradeZero

Platform

Instruments

Account

Leverage

06-12

Vereinigte Staaten