Stocks & Options

All orders with TradeZero are either FREE or PAID.

Free Orders

$0.00 USD Free Limit Orders

  • Limit order must not create an immediate match.
  • Symbol must trade on NYSE, AMEX, or NASDAQ and be greater than $1.
  • This applies to all orders that are 100 shares or greater.
Fee ExampleCommission
Buy 1000 shares of AAPL at less than $125.10 USD
AAPL Current Price (Bid 125 x Ask 125.10)
Sell 2000 shares SIRI at greater than $3.75 USD
SIRI Current Price (Bid 3.75 x Ask 3.80)
Short 200 shares of IBM at greater than $135 USD
IBM Current price Bid (135 x Ask 135.05)
Cover 200 shares of IBM at less than $135.05 USD
IBM Current price Bid (135 x Ask 135.05)

Paid Orders

Paid Orders: $0.005 USD Per Share

  • Orders less than 100 shares: $0.49 USD flat fee.
  • All stocks, ETFs and warrants on NYSE, NASDAQ, AMEX.
  • All equity securities below $1.00 USD: $0.005 USD per share with a $.49 USD flat fee/minimum and a $7.95 USD max charge up to 250k shares.
Fee ExampleCommission
Buy 1000 shares of AAPL at $125.10 USD or greater
AAPL Current Price (Bid 125 x Ask 125.10)
$5.00 USD
Sell 2000 shares SIRI at $3.75 USD or lower
SIRI current price (Bid 3.75 x Ask 3.80)
$10.00 USD
Buy 50 shares of SIRI at Market$0.49 USD
Stocks trading below $1.00 USD are
$7.95 USD per trade up to 250,000 shares.
(Buy 200,000 shares of ABC at $0.75)
$7.95 USD
Buy 90 shares IBM at 135
IBM Current price Bid 135 x Ask 135.05
$0.49 USD


Options$0.59 per contract
Cash Settled Index Options*$0.65 additional per contract (as of 04/15/2024)
Options Clearing Corp (OCC) fee**$0.055 USD per contract
Options Regulatory Fee (ORF)**Up to $0.03175 per contract, based on prevailing rates
Option Exercise or Assignment$35 USD
*Some commonly traded Cash Settled Index Options include but are not limited to SPX, SPXW, VIX, VIXW
**May change without notice

Watch our video below on how to place free stock trades

Other Fees

Daily Short LocatesAs Quoted
Overnight BorrowMarket rate which changes daily based on market conditions (as of 9/26/2022)
Overnight Borrow - Odd LotsOdd lot positions (less than 100 shares) will be rounded up to the nearest hundred shares
Margin Debit Interest9% annually (only applies to stocks held overnight with values exceeding equity)
TAF Fee*$0.000166 per share (equity sells) and $0.00279 per contract (options sells).
SEC Fee*$0.0000278 x dollar amount, sell side only
NSCC Fee*$0.00015 per share, with a $0.03 minimum

*May change without notice

All $ values displayed on this page are in USD

Trading Software

Platform Fees

OTC Markets is an additional fee of $5 USD for Level 1 and $15 USD for Level 2 for non-professionals.
Professional exchange fees are passed through at cost and cannot be rebated with volume

PlatformMonthly CostVolume for Free Platform
ZeroWeb Level 2 ZeroPro$59100,000 shares per month
ZeroMobileFreeMust have an active Web or Pro user ID
ZeroFreeFree0 shares per month

Platform Comparison

Price per month (Free after 100k Shares)$59 USD per mo. includes both$0 USD per mo.$0 USD per mo. / included with all platforms
Level 2 /# of Level 2 WindowsYes/ 6 windowsYes/ 4 windowsYes/ 1 windowNo
Advanced HotKeysYesYesAdd-On / $15 per MonthYes
Charting with IndicatorsYes/ 10 windowsYes/ 6 windowsYes/ 2 windowsYes
Real-time NewsYesYesYesYes
Direct Hard to Borrow LocatesYesYesYesYes
Options TradingYesNoYesYes
Real-time NYSE, AMEX and NASDAQ Level 1YesYesYesYes
Top Lists - Gainers, Losers, ChangersYesNoNoYes
Custom LayoutsYesYesNoNo
Window LinkingYesYesYesNo
OTC Markets Level 1$5 USD per month$5 USD per month$5 USD per month$5 USD per month
OTC Markets Level 2$15 USD per month$15 USD per month$15 USD per month$15 USD per month

All $ values displayed on this page are in USD

Account Related Fees

Account Related Fees

TradeZero offers the lowest cost in the industry. We provide 100% free non-marketable limit orders to all of our accounts. Open an account with TradeZero today and start saving on commissions. All limit orders sent that are not instantly executable are free of charge.

Inactivity fees$0
Outgoing Withdrawals$50
Incoming Deposits Free
Reorgs (Reverse Splits & Symbol Changes)$35
Broker assisted trades$30

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100% Free Limit Orders

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