When choosing a discount broker, day traders want top quality tech at the best prices. SureTrader offers trading fees of just one penny per share, with a $4.95 minimum. Our options trading commissions are only $4.95, plus $0.50 per contract. These are competitive rates, but SureTrader provides so much more for the price than other discount brokers. Our brokerage comparison shows why we are a day trader’s best choice.

Introduction to Pricing Comparison

When making online brokerage comparisons for pricing, it’s crucial to compare apples to apples. Some discount brokers attract customers with low “teaser” brokerage fees, which disappear after one to three months of trading. There is no free lunch – you’ll end up paying higher fees overall once the initial low-cost period is over.

Brokerage Account Comparison

Let’s make an online brokerage comparison between SureTrader and two of its major rivals, Fidelity and Scottrade. Fidelity charges the same amount per trades, but their options commissions are $4.95 per trade with a $0.65 charge per contract. Scottrade charges a whopping $7.00 per trade, along with the same fee for option trading along with $0.70 per contract.

Brokerage fees alone aren’t the only items to compare. SureTrader lets you start trading with a minimum of $500, while the amount for both Fidelity and Scottrade is five times as much, or $2,500. SureTrader offers 6:1 leverage on intraday trading, while Fidelity allows 4:1 leverage and Scottrade permits just 3:1 leverage. For serious day traders, those low leverages are a deal breaker.

High-Priced “Discount” Brokers

Other well-known discount brokers off even higher fees, as much as $9.99 per trade. That’s the amount both T.D. Ameritrade and ETrade charge, and their options trading commission is the same amount, along with $0.75 per contract. These brokerages also offer only 4:1 leverage for intraday trading. The only difference between the two on basic pricing lies in their minimum deposit requirements. TD Ameritrade has a $2,000 minimum, while ETrade requires $500.

One caveat for all rival brokerage fees listed: They are subject to change at any time.

The SureTrader Advantage

When it comes to discount brokers, there’s no brokerage comparison with SureTrader. We offer clients the most competitive rates for online stock market trading. Our rates are completely transparent, with no gimmicks – you always know the brokerage fees you pay. Combine low fees with our state-of-the-art platform, 10,000 + stocks to short and our 6:1 leverage on intraday trading, and you can see why SureTrader is the leading discount brokerage online.

Pricing Comparison

When choosing a discount broker, day traders want top quality tech at the best prices. SureTrader offers trading fees of just one penny per share, with a $4.95 minimum. Our options trading commissions are only $4.95, plus $0.50 per contract. These are competitive rates, but SureTrader provides so much more for the price than other discount brokers. Our brokerage comparison shows why we are a day trader’s best choice.

Introduction to Pricing Comparison

When making online brokerage comparisons for pricing, it’s crucial to compare apples to apples. Some discount brokers attract customers with low “teaser” brokerage fees, which disappear after one to three months of trading. There is no free lunch – you’ll end up paying higher fees overall once the initial low-cost period is over.

Brokerage Account Comparison

Let’s make an online brokerage comparison between SureTrader and two of its major rivals, Fidelity and Scottrade. Fidelity charges the same amount per trades, but their options commissions are $4.95 per trade with a $0.65 charge per contract. Scottrade charges a whopping $7.00 per trade, along with the same fee for option trading along with $0.70 per contract.

Brokerage fees alone aren’t the only items to compare. SureTrader lets you start trading with a minimum of $500, while the amount for both Fidelity and Scottrade is five times as much, or $2,500. SureTrader offers 6:1 leverage on intraday trading, while Fidelity allows 4:1 leverage and Scottrade permits just 3:1 leverage. For serious day traders, those low leverages are a deal breaker.

High-Priced “Discount” Brokers

Other well-known discount brokers off even higher fees, as much as $9.99 per trade. That’s the amount both T.D. Ameritrade and ETrade charge, and their options trading commission is the same amount, along with $0.75 per contract. These brokerages also offer only 4:1 leverage for intraday trading. The only difference between the two on basic pricing lies in their minimum deposit requirements. TD Ameritrade has a $2,000 minimum, while ETrade requires $500.

One caveat for all rival brokerage fees listed: They are subject to change at any time.

The SureTrader Advantage

When it comes to discount brokers, there’s no brokerage comparison with SureTrader. We offer clients the most competitive rates for online stock market trading. Our rates are completely transparent, with no gimmicks – you always know the brokerage fees you pay. Combine low fees with our state-of-the-art platform, 10,000 + stocks to short and our 6:1 leverage on intraday trading, and you can see why SureTrader is the leading discount brokerage online.

Broker Comparison

  SURETRADER QUESTRADE TD AMERITRADE ETRADE FIDELITY SCOTTRADE SCHWAB
Minimum Deposit $500 $500 $2,000 $500 $2,500 $2,500 $1,000
Online Stock Orders $0.01/share $4.95/trade $9.99/trade $9.99/trade $7.95/trade $7.00/trade $8.95/trade
Options Contracts $4.95/trade + $0.50 $9.95/trade + $1.00 $9.99/trade + $0.75 $9.99/trade + $0.75 $7.95/trade + $0.75 $7.00/trade + $0.70 $8.95/trade + $0.75
Leverage 6 to 1 3 to 1 4 to 1 4 to 1 4 to 1 3 to 1

4 to 1

This data was collected on August 30, 2016 and may change at any time.

Equities – Comparison based on 100 share standard rate order placed online or via a trading platform. Pricing does not apply to broker assisted orders. Does not include any equity routing charges/rebates. Pricing is believed to be accurate from the as of date, but not guaranteed. Please see full pricing schedule for details.

 

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