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Fees & Commissions

At Place Trade we are not trying to be the cheapest but we are aiming to be the best. We actually put our clients first. We do not take a piece of the spread; we do not charge cheap commissions up front and high hidden fees or charge crazy high margin rates on the back end to make up the difference. 

Whether you prefer no frills and great fills when you trade online or you prefer the advice of an experienced financial professional we always have your best interests in mind. With best executions, verified price improvement, super low margin rates, access to trading in over 90 markets and a world class fixed income desk - it is easy to see why Place Trade truly is the Smart Place to Trade!

We all know that there is no such thing as a free lunch and so often in life you only get what you pay for - but at Place Trade you get so much more!

Check us out and see why Place Trade is the smart place to trade!

Commission Schedule
 

Internet* &
Touch-Tone

Full Service

* Important Note: Some transactions may not be available for these services. Please contact Place Trade for details.

Stocks: Smart Routed

Market Orders, $0.01/share, Minimum $2.95 $0.01/share Click
Limit Orders, $0.01/share, Minimum $2.95 $0.01/share Click
Less than $2 per share Click
Directed orders will be charged according to costs past through from inividual exchanges N/A Click

Options: Equity or Index

Market or Limit Orders
Per Contract 0.75 Online only
Minimum 1.50 Online only
Broker assisted orders use full service schedule. Option rates apply to both sides of spread orders.

Bonds

Per Bond 5.00 5.00
Minimum Commission 25.00 25.00

Mutual Funds

No-load Mutual Funds 19.95 N/A
No Transaction Fee Funds No Fee N/A
Periodic Invest - Withdraw Full Service Only Free or per prospectus
Load Funds Fees per individual fund prospectus apply.

All fees subject to change without notice.

Options involve risk and are not suitable for all investors. Certain requirements must be met to trade options through Place Trade Financial. On-line trading has inherent risks due to delay or loss of online services, system performance, market conditions, erroneous or unavailable market data. Investors should understand these and additional risks before trading. Before considering any option transaction, please read Characteristics and Risks of Standardized Options provided by the Options Clearing Corporation (OCC), available in Adobe Acrobat PDF format. A current copy may also be obtained by calling Place Trade Financial at 1-800-50-PLACE or sending your request to Place Trade Financial, 4030 Wake Forest Rd., Suite 300, Raleigh, NC 27609. Because of the importance of tax considerations, Place Trade Financial recommends consulting your tax advisor before contemplating any options transaction.

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Copyright © 2002 - 2011 Place Trade Financial, Member FINRA/SIPC

The information on this web site is for discussion and information purposes only. All accounts accepted at the discretion of Place Trade Financial. Nothing contained herein should be considered as an offer to buy or sell any security or securities product. Place Trade Financial is a registered broker dealer, but is not registered in all states. Please contact Place Trade Financial at
1-800-50-PLACE Or 1-800-507-5223 for further information. Systems response and access times may vary due to market conditions, system performance, and other factors.