Pricing
All orders With AMID are either FREE or PAID.
Free Orders
$0.00 Free Limit Orders-
Limit order must not create an immediate match.
-
Symbol must trade on NYSE, AMEX, or NASDAQ and be greater than $1.
-
This applies to all orders that are 200 shares or greater.
Paid Orders
Paid Orders: $0.005 Per Share-
Orders less than 200 shares: $0.99 flat fee.
-
All stocks, ETFs and warrants on NYSE, NASDAQ, AMEX.
-
All equity securities below $1.00: $0.005 per share with a $0.99 minimum and a $7.95 max charge up to 250k shares.
| Fee Example | Commission |
|---|---|
|
Buy 1000 shares of AAPL at less than $125.10
AAPL Current Price (Bid 125 x Ask 125.10)
|
FREE
|
|
Sell 2000 shares SIRI at greater than $3.75
SIRI Current Price (Bid 3.75 x Ask 3.80)
|
FREE
|
|
Short 200 shares of IBM at greater than $135
IBM Current price Bid (135 x Ask 135.05)
|
FREE
|
|
Cover 200 shares of IBM at less than $135.05
IBM Current price Bid (135 x Ask 135.05)
|
FREE
|
| Fee Example | Commission |
|---|---|
|
Buy 1000 shares of AAPL at less than $125.10
AAPL Current Price (Bid 125 x Ask 125.10)
|
$5.00
|
|
Sell 2000 shares SIRI at greater than $3.75
SIRI Current Price (Bid 3.75 x Ask 3.80)
|
$10.00
|
|
Buy 100 shares of SIRI at Market
|
$0.99
|
|
Stocks trading below $1.00 are
$7.95 per trade up to 250,000 shares.
(Buy 200,000 shares of ABC at $0.75)
|
$7.95
|
|
Buy 190 shares IBM at 135
IBM Current price Bid 135 x Ask 135.05
|
$0.99
|
Options
| Options | Contract |
|---|---|
|
Options
|
$.59 per contract
|
|
Options Clearing Corp (OCC) fee
|
$0.055 per contract
|
|
Options Regulatory Fee (ORF)
|
$0.01815 per contract
|
|
Option Exercise or Assignment
|
$35
|
Other Fees
| FEES HEAD | FEES |
|---|---|
|
Daily Short Locates
|
As Quoted
|
|
Overnight Borrow
|
Market rate which changes daily based on market conditions (as of 9/26/2022)
|
|
Overnight Borrow – Odd Lots
|
Odd lot positions (less than 100 shares) will be rounded up to the nearest hundred shares
|
|
Margin Debit Interest
|
9% annually (only applies to stocks held overnight with values exceeding equity)
|
|
TAF Fee
|
$0.000130 per share, sell side only
|
|
SEC Fee
|
0.0000221 x dollar amount, sell side only
|
|
NSCC Fee
|
0.00003 per share, $0.18 maximum and $0.033 minimum
|
|
FOCUS Fee
|
0.0000007 per share
|
|
SIPC Fee
|
0.000015 per share
|
Platform Fees
- OTC Markets is an additional fee of $5 for Level 1 and $15 for Level 2 for non-professionals.
- Professional exchange fees are passed through at cost and cannot be rebated with volume
| Platform | Monthly Cost | Volume for Free Platform |
|---|---|---|
|
ZeroWeb Level 2 ZeroPro
|
$59
|
100,000 shares per month
|
|
ZeroMobile
|
Free
|
Must have an active Web or Pro user ID
|
|
ZeroFree
|
Free
|
0 shares per month
|
Platform Comparison
| Features | ZeroPro | ZeroWeb | ZeroFree | ZeroMobile |
|---|---|---|---|---|
|
Price per month (Free after 100k Shares)
|
$59 per month (includes both Zeropro and Zeroweb)
|
$0 per mo.
|
$0 per mo. / included with all platforms
|
|
|
Level 2 /# of Level 2 Windows
|
Yes/ 6 windows
|
Yes/ 4 windows
|
Yes/ 1 window
|
No
|
|
Advanced HotKeys
|
Yes
|
Yes
|
Add-On / $15 per Month
|
No
|
|
Charting with Indicators
|
Yes/ 10 windows
|
Yes/ 6 windows
|
Yes/ 2 windows
|
Yes
|
|
Real-time News
|
Yes
|
Yes
|
Yes
|
Yes
|
|
Direct Hard to Borrow Locates
|
Yes
|
Yes
|
Yes
|
Yes
|
|
Stock Screener
|
Yes
|
No
|
No
|
No
|
|
Options Trading
|
Yes
|
No
|
No
|
No
|
|
Alerts
|
Yes
|
No
|
No
|
No
|
|
Real-time NYSE, AMEX and NASDAQ Level 1
|
Yes
|
Yes
|
Yes
|
No
|
|
Top Lists – Gainers, Losers, Changers
|
Yes
|
No
|
No
|
No
|
|
Custom Layouts
|
Yes
|
Yes
|
No
|
No
|
|
Window Linking
|
Yes
|
Yes
|
Yes
|
No
|
|
OTC Markets Level 1
|
$5 per month
|
$5 per month
|
$5 per month
|
No
|
|
OTC Markets Level 2
|
$5 per month
|
$5 per month
|
$5 per month
|
No
|