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Pricing2018-09-04T11:09:00+00:00

Free Commission Stock and Option Trading
Platform Pricing

Simple, Transparent Pricing with No Commission Rates

Simple, Transparent Pricing with No Commission Rates

Option Trades

$0per contract

Stock Trades

$0per share

Margin Debit/ Loan Balance

Rate

$0 – $100,000 3.75%
$100,000 – $500,000 3.50%
Over $500,000 Contact Us

Commission free trading pertains to option and stock orders. Minimum balances along with membership, exchange, regulatory and miscellaneous fees may apply. Please refer to our fee schedule for complete details.

HR Trader has simple, transparent pricing and offers clients commission free option and stock trades in addition to ultra-low margin financing rates. Typically reserved for institutional clients and high net worth investors, the broker call rate (as published in The Wall Street Journal) is being extended to all HR Trader margin accounts.

Stocks Commission Per Share Trade Fees
US Listed Securities
(> $1.00/share)
Equities and ETF Orders
$0.00 $0.50 per executed order (Routing fee)
$0.13 per $10,000 sold (SEC fee)
$0.20 per 1,000 shares (DTC/NSCC fee)
Options Commission Per Contract Trade Fees
US Listed Securities
Limit and Market Orders
Single/Multi-Leg Spreads
$0.00 $0.50 per executed leg (Routing fee)
$0.13 per $10,000 sold (SEC fee)
$0.05 per executed contract or a flat rate of $55 after 1,100 contracts (OCC fee)
$0.0343 per executed contract (ORF fee)
Other Trades
Preferred Stock, Warrants, Hybrids, Closed-End Funds Additional $0.005 per share
All Broker Assisted Trades Additional $20.00 per trade

Broker Comparison

Discount Brokerage Firm E*Trade Fidelity TradeStation Charles Schwab TD Ameritrade
Stock Per Trade $0.00 $6.95 $4.95 $5.00 $4.95 $6.95
Option Base Rate $0.00 $6.95 $4.95 $5.00 $4.95 $6.95
Option Per Contract $0.00 $0.75 $0.65 $0.50 $0.65 $0.75
Margin Interest Rate 3.75% 10.50% 9.325% 8.50% 9.325% 10.00%

Broker comparison of commissions are exclusive of any exchange, regulatory or other transaction fees. Assumes a competitor firm’s standard online trade pricing based on published rates from websites as of 3/18/2018. Some brokers may offer more competitive fees than the ones published if certain balances or level of activity are met. Please contact each broker individually to confirm their commission schedule.

Choose Your Membership Level

No Commission Trading Firm & App
Monthly Membership Fee $25 $0
Unlimited, Commission Free Option and Stock Trades
Real-time Stock and Option Quotes
Streaming Newsfeed
Custom Charting
Web Platform and Mobile App
No Commission Trading Firm & App
Monthly Membership Fee $25 $0
Unlimited, Commission Free Option and Stock Trades
Real-time Stock and Option Quotes
Streaming Newsfeed
Custom Charting
Web Platform and Mobile App

All accounts must be funded with an initial deposit of at least $30,000.

How do I qualify for HR Trader Prime?

Your account will need to meet one of the following requirements (as calculated at the end of each month):

  • Execute 50 trades per month
  • Maintain a daily average margin loan balance of $50,000
  • Maintain a daily average free cash balance of $50,000

HR Trader reserves the right to assess securities client trading fees in its sole discretion and at any time, as some fees may not be known at the time an order is placed. HR Trader clients who are deemed to be professional subscribers for the purposes of receiving market data will incur additional costs as assessed by our quote data vendor.

Margin interest rates will vary due to a variety of factors including but not limited to due to the fluctuation of commercially recognized interest rates, industry conditions related to credit, the availability of liquidity in the marketplace and general market conditions. The interest you will be charged for a margin loan is based on an annual rate, subject to change, and is charged monthly based on your average daily balance. HR Trader reserves the right to change margin interest rates.

Margin trading creates leverage trading and increases the risk of loss and you may be subject to margin calls if your equity drops below required levels. Margin trading privileges are subject to HR Trader’s review and approval.

*Current exchanges available from the Options Pricing Regulatory Authority (OPRA) are BATS BZX Exchange, Inc., BATS EDGX Exchange, Inc., BOX Options Exchange LLC, C2 Options Exchange, Inc., Chicago Board Options Exchange, Inc., EDGX Exchange, Inc., International Securities Exchange, LLC, ISE Gemini, LLC, ISE Mercury, Miami International Securities Exchange, LLC, NASDAQ OMX BX, Inc., NASDAQ OMX PHLX, LLC, NASDAQ Stock Market, LLC, NYSE MKT LLC, and NYSE Arca, Inc. Other market data is available. Contact us for details.
**Normal trading fees such as OCC, SEC, TAF, NSCC, ORF, CBOE listed index options fees apply.