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TradeZero -

Score

1.52 /10
Danger

TradeZero

United States

5-10 years

Suspicious Regulatory License

Global Business

High potential risk

https://us.tradezero.co

Influence

A

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Score

Regulatory Index0.00

Business Index7.04

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

TradeZero America Inc

Company Abbreviation

TradeZero

Platform registered country and region

United States

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-01-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Data Source WikiFX Data provide
Updated: 2025-01-24
TradeZero · Company summary
TradeZero Review Summary
Founded2012
Registered Country/RegionUnited States
RegulationNot Regulated
Market InstrumentsStock, Options, Index
Demo AccountNot Mentioned
Trading PlatformZEROPRO,ZEROWEB,ZEROFREE,ZEROMOBILE
Customer Support1-877-4-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.

TradeZero Information

Pros and Cons

ProsCons
  • 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.

Is TradeZero Legit?

What Can I Trade on TradeZero?

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

Tradable InstrumentsSupported
Stock✔
Options✔
Index✔
Commodities❌
Cryptocurrency❌
Shares❌
Metals❌
What Can I Trade on TradeZero?

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 CategoryDetailsFee Amount
Free OrdersNYSE, AMEX, NASDAQ orders $1+$0 Commission
Paid Orders4:00 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
OptionsCommission$0.00/contract
Contract Fee$0.42/contract
OCC Fee$0.02/contract, $55 cap
ORFUp to $0.03175/contract
Other FeesDaily Short LocatesAs Quoted
Overnight BorrowMarket Rate
Margin Debit Interest0.09
Assisted Trade30
Risk Sellout50
Regulatory FeesTAF, SEC, NSCC, ADR, FOCUS, SIPC, etc.Variable, based on transaction
TradeZero Fees

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
ZeroPro✔PCInvestors of all experience levels
ZeroWeb✔PCInvestors of all experience levels
ZeroFree✔PCInvestors of all experience levels
ZeroMobile✔MobileInvestors of all experience levels
Trading Platform

News

ExposureTradeZero America Fined $250K by FINRA for Rule Violations

TradeZero America faces a $250K fine from FINRA for improper social media promotions, inadequate supervision, and misleading privacy notices.

WikiFX
2024-06-11 16:50
TradeZero America Fined $250K by FINRA for Rule Violations

NewsTradeZero Halted Trading in Meme Stocks AMC, GME, KOSS. Now It Owes the SEC $100,000.

TradeZero will pay $100,000 for allegedly misleading investors about stock trading halts

WikiFX
2022-10-13 12:01
TradeZero Halted Trading in Meme Stocks AMC, GME, KOSS. Now It Owes the SEC $100,000.

NewsTradeZero Announces Regulatory Approval for Retail Equity and Options Trading in Canada

TradeZero Holding Corp. (“TradeZero”), which operates broker-dealer subsidiaries that provide next-generation online trading platforms for active retail traders, announced that TradeZero’s Canadian subsidiary, TradeZero Securities Canada ULC (www.tradezero.ca), was admitted as a dealer-member of the Investment Industry Regulatory Organization of Canada and is approved to offer equity and options trading on US markets to retail traders in Canada. TradeZero’s Canadian broker dealer is headquartered in Oakville, Ontario.

WikiFX
2022-10-13 11:58
TradeZero Announces Regulatory Approval for Retail Equity and Options Trading in Canada

NewsTradeZero settles SEC charges it misled customers about meme stock trading halts

The U.S. Securities and Exchange Commission on Tuesday said the online brokerage TradeZero America Inc and its co-founder settled civil charges they falsely told customers that they did not restrict purchases of volatile "meme" stocks last year.

WikiFX
2022-10-13 11:52
TradeZero settles SEC charges it misled customers about meme stock trading halts
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Samuel Kay
more than one year
Their commission-free trading on stocks and ETFs is undoubtedly one of the highlights - it's a definite crowd-pleaser. However, it was the hefty minimum deposit of $2,500 that held me back. That's when I found myself heading towards Exness. Their welcoming policies and more accessible entry points were the deciding factors for me.
Their commission-free trading on stocks and ETFs is undoubtedly one of the highlights - it's a definite crowd-pleaser. However, it was the hefty minimum deposit of $2,500 that held me back. That's when I found myself heading towards Exness. Their welcoming policies and more accessible entry points were the deciding factors for me.
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2024-02-01 10:09
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push,
more than one year
Not get used to using Tradezero platform. Its website interface is way too complicated, not easy to navigate at all. However, their customer service is patient and responsive. Great! I give this company three stars.
Not get used to using Tradezero platform. Its website interface is way too complicated, not easy to navigate at all. However, their customer service is patient and responsive. Great! I give this company three stars.
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2023-02-24 15:53
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