Resource Center
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Trading Platform
CenterPoint Lite trading hours are 7:30AM – 5PM EST.
Guides and Tutorials
Short Locate Tool FAQ
Learn how to use the short locator tool and understand how locate pricing works.
Understanding the PDT Rule
Learn how the pattern day trader rule works and what is considered a day trade.
Bank Verification Guide
Learn how to verify your bank account and set up a transfer request..
Mobile Trading Instructions
Use these settings after you download iDAS Trader from the app store.
To download the mobile app please search your appstore for iDAS Trader and input the following settings
Pricing and Fees
| Service | Fee |
|---|---|
| Commissions | $2.95/order |
| DAS Trader (Platform Access) Includes Basic L2 Market Data | $100/month |
| Nasdaq TotalView Data (optional) | $20/month |
| ARCA Book Data (optional) | $15/month |
| Outgoing ACH Transfer | $5 |
| Incoming ACH Transfer | Free |
| FREE (Route) Market hours only for listed stocks >$1 | Free |
| COST (Route) Pre/Post & Sub-Dollar Orders | $0.0035/share |
| Premium Borrow Overnight Multiplier Odd lots will round up to 100 shares | 4X (charged only on first night) |
Regulatory Fees
| NSCC | SEC | TAF |
|---|---|---|
| 0.00004 / share | 0.0000221 x Principal (Selling Transactions Only) | 0.000119 / share $5.95 max (Sells) |