TradeZero Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-06 11:50

Abstract：TradeZero is a stock trading company established in 2012 based in the United States. The company offers stock market trading and provides four platforms including ZEROPRO, ZEROWEB, ZEROFREE, and ZEROMOBILE with zero commissions. However, it is not regulated. And information on account types is not provided.

TradeZero Review Summary
Founded	2012
Registered Country/Region	United States
Regulation	Not Regulated
Market Instruments	Stock, Options, Index
Demo Account	Not Mentioned
Trading Platform	ZEROPRO,ZEROWEB,ZEROFREE,ZEROMOBILE
Customer Support	1-877-4-TRADE-0
	support@tradezero.us
	24/7 live chat support
	Monday - Friday 8 AM - 5 PM ET

TradeZero Information

　　TradeZero is a stock trading company established in 2012 based in the United States. The company offers stock market trading and provides four platforms including ZEROPRO, ZEROWEB, ZEROFREE, and ZEROMOBILE with zero commissions. However, it is not regulated. And information on account types is not provided.

Pros and Cons

Pros	Cons
Zero commissions	Lack of regulation
Different customer support methods	Limited information on account types

Is TradeZero Legit?

　　TradeZero does not fall under the supervision of any specific financial regulatory body.

What Can I Trade on TradeZero?

　　TradeZero mainly offers three types of assets, including Stock, Options, and Index.

Tradable Instruments	Supported
Stock	✔
Options	✔
Index	✔
Commodities	❌
Cryptocurrency	❌
Shares	❌
Metals	❌

TradeZero Fees

　　TradeZero offers a flexible fee structure: $0 commission for free orders and $0.005 per share for paid orders. But it charges additional fees, such as the Options Contract fee of $0.42 per contract, and the OCC fee of $0.02 per contract with a $55 cap. You can refer to the table for details.

Fee Category	Details	Fee Amount
Free Orders	NYSE, AMEX, NASDAQ orders $1+	$0 Commission
Paid Orders	4:00 AM - 7:00 AM ET trades	$0.005/share, $7.95 max
	Equities < $1.00	$0.005/share, $0.99 min - $7.95 max
	OTC/Pink Sheets	$0.005/share, $0.99 min - $7.95 max
Options	Commission	$0.00/contract
	Contract Fee	$0.42/contract
	OCC Fee	$0.02/contract, $55 cap
	ORF	Up to $0.03175/contract
Other Fees	Daily Short Locates	As Quoted
	Overnight Borrow	Market Rate
	Margin Debit Interest	0.09
	Assisted Trade	30
	Risk Sellout	50
Regulatory Fees	TAF, SEC, NSCC, ADR, FOCUS, SIPC, etc.	Variable, based on transaction

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
ZeroPro	✔	PC	Investors of all experience levels
ZeroWeb	✔	PC	Investors of all experience levels
ZeroFree	✔	PC	Investors of all experience levels
ZeroMobile	✔	Mobile	Investors of all experience levels