For trades to qualify for $0 commission, all trades must meet the following criteria:


Limit order that does not create an immediate match (in less than one second).

The stock price is trading at $1 USD or higher.

Order size must be a minimum of 100 shares.

Stocks must trade on NYSE, AMEX or NASDAQ.


Please visit our Pricing and Fees page for additional details.

It doesn’t matter if you are long or short, as long as you use a limit order to execute away from the market, and the stock is trading at $1 USD or higher in share price.

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The rate is determined by the difficulty to borrow the stock on that day.

The fees can vary during the day depending on market conditions. Locate fees are charged only after the price for the locate is accepted.

If the locate shares are declined, then no fee is charged.

No, all fees are either $.005 USD per share or free. 

Fees And Rates