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Trade equities as low as $0.0010 per share with EU-licensed broker-dealer.
| Monthly Volume | Per Share Rate |
|---|---|
| Over 20,000,002 | $0,0010 |
| 15,000,001 - 20,000,000 | $0,0013 |
| 6,000,001 - 15,000,000 | $0,0015 |
| 3,000,001 - 6,000,000 | $0,0017 |
| 1,000,001 - 3,000,000 | $0,0020 |
| 250,001 - 1,000,000 | $0,0030 |
| Under 250,000 | $0,0035 |
| Monthly Volume | Per Contract Rate |
|---|---|
| Over 200,001 | $0,30 |
| 100,001-200,000 | $0,40 |
| 50,001-100,000 | $0,55 |
| 10,001-50,000 | $0,65 |
| 2,001-10,000 | $0,75 |
| 501-2,000 | $0,80 |
| Under 500 | $0,90 |
| Market Data Fees | Variable |
| Per trade fee | $1.00 |
Applicable from December 1st, 2020. The pricing applicable until December 1st, 2020, can be found here.
| Platform | Rate Per Month |
|---|---|
| Lorem Ipsum | $150.00 |
| Lorem Ipsum | $150.00 |
| Lorem Ipsum | $150.00 |
| Platform | Rate Per Month |
|---|---|
| Sterling Trader Pro | $150.00 |
| Sterling Trader Manager | $305.00 |
| Sterling Trader Options | $30.00 |
| Market Data Fees | Variable |
| Platform | Rate Per Month |
|---|---|
| Sterling LST | $150.00 |
| Sterling LST Manager | $400.00* |
| Market Data Fees | Variable |
| Market Data Feed | Non-Pro | Pro |
|---|---|---|
| NYSE Level 1 | $4.00 | $48.00 |
| AMEX Level 1 | $4.00 | $26.00 |
| NYSE ARCA Book | $14.00 | $63.00 |
| NYSE Open Book | $19.00 | $63.00 |
| NASDAQ Level 1 | $4.00 | $29.00 |
| NASDAQ Total+Open View | $19.00 | $84.00 |
| NYSE American Openbook (AMEX Level 2) | $4.00 | $14.00 |
| BATS Book | $8.00 | $49.00 |
| EDGX Book | $8.00 | $49.00 |
| OTCMarkets (Pink Sheets) Level 1 | $8.00 | $38.00 |
| Market Data Feed | Non-Pro | Pro |
|---|---|---|
| OTCMarkets (Pink Sheets)Level 1 + 2 | $22.00 | $88.00 |
| NYSE Alerts | $0.00 | $2.00 |
| Basic CCS Business wire* | $38.00 | $38.00 |
| INDICES | ||
| NASDAQ GIDS/PBOT Indices | $13.00 | $13.00 |
| Dow Jones Indices | $16.00 | $19.00 |
| CBOE MDX Indices | $5.00 | $5.00 |
| NYSE Global Index Feed (GIF) | $3.00 | $27.00 |
| OPTIONS | ||
| OPRA | $4.00 | $50.00 |
On Margin Accounts, Leverage interest is based on 1-month US Dollar LIBOR interest rate, but not less than 100 bps, plus mark-up.
Short margin interest is calculated on a case by case basis depending on stock availability and prevailing prime brokers’ interest rates.
Margin Accounts below $100,000 (considered “Reg T” accounts) are customarily extended a 6:1 intraday and 2:1 overnight leverage. Often, we may extend higher leverage (up to 30:1 on intraday and 6:1 on overnight positions).
Margin Accounts over $100,000 (considered “Portfolio Margin” accounts) are customarily extended an 8:1 intraday and 4:1 overnight leverage. Often, we may extend higher leverage (up to 40:1 on intraday and 10:1 on overnight positions).
Alaric Securities does not pay interest and does not apply charges on cash balances in Cash or Margin Accounts.
| Debit Balance ($) | Mark-up |
|---|---|
| 0 – 49,999.99 | 500bps |
| 50,000 – 249,999.99 | 475bps |
| 250,000 – 499,999.99 | 450bps |
| 500,000 – 999,999.99 | 400bps |
| 1,000,000+ | 375bps |
| Fee | Rate | Additional Details |
|---|---|---|
| SEC | $ 0.0000221 | Multiply this amount by the principal amount sold |
| FINRA: TAF | $ 0.000119 | Covers sales of exchange registered securities whenever executed. Multiply this amount by the number of shares sold |
| Options ORF | $ 0.0431 | Multiply this rate by the number of options contracts traded |
| NSCC | $0.00003 per share, min $0.009 – max $0.18 |
All regulatory fees are pass-through and are charged separately. Be advised that these fees are subject to changes retroactively and without a prior notice. The rates above are indicative and apply at the time of updating the current pricing.
Professional Day-trader Processing Fee is $0.000003 per dollar value of all executed sell transactions.
Exchange and ECN fees are charged separately based on exchange flags and on whether they are adding or removing liquidity on the relevant venue. These fees are pass-through and are subject to the venue’s pricing including the tiers applicable to Alaric Securities. Where applicable and at the rates mentioned above, rebates are passed down to the client.
• Clients who meet monthly trading volume thresholds qualify for our Active Trader Commission Group and can benefit from deeply discounted commissions. Once your account is set to any Active Trader Commission Group rate, you will be charged that rate on all shares traded goin
• For example, if you trade over 1,000,000 shares per month using Sterling Trader and qualify for the $0.0020 per share rate, you will be charged only $0.0020 per share on all shares traded, not just those in excess of 1,000,000 in any given month.
• All rates subject to ongoing review and may be increased if clients fail to meet the trade/share thresholds listed above.
• Call-in trades are an additional $15 per ticket.
• All stock/ETF pricing listed on this page applies to listed equities only.
• Additional $10 per options contract is charged for expired options.
• Regulatory and Exchange fees are pass-through and are subject to changes without prior notice. All routing fees/rebates and regulatory fees are charged separately.
• Commissions apply to all order types. For share prices, less than $1.00, 30 basis points times the total trade value will be charged. For customers who send an extraordinary number of non-marketable limit orders to the NYSE, Nasdaq, Amex, or other exchanges, and who route such orders direct, rather than using Alaric Trader Smart routing, Alaric reserves the right to impose a surcharge in order to defray specialist order handling charges. In this event, Alaric will provide notice to affected customers.
• More information on Alaric Securities full services and commissions, that apply to them, can be found here.
• Deposit and Withdrawal fees: SEPA transfer – 12 EUR; Bank transfer – 50 USD plus bank fees; Alaric Debit Card – 5 USD.