Commissions
& Fees

CenterPoint Securities offers flexible pricing that allows traders to utilize powerful services at cost-effective rates.

Per-Share Commissions With Low Minimum Order Fees

Our commission structure is designed with active traders in mind.

Cost-Effective Commission Rates
Low Order Minimums
Discounts for High-Volume Traders

Equities

Rates as low as

$0.001

per-share*

Options

Rates as low as
$0.20
per-contract

Cost-Effective Routes Without Compromise

Over 30 Routing Options
Smart Routes, ECN’s, Dark Pool Access, Market Maker Routes & more
 Multiple Routes Providing ECN Rebates
Routes

Better Short Inventory

Better Pricing

Locate Discount Program

Every CenterPoint client is eligible for our locate discount program, with discounts automatically applied to locate fees.*

 $15 in Daily Free Locates

 25,000 Shares Free Overnight Locates
(2X Multiplier on Remaining Shares)

 Locate Discounts Up to 30%
Account EquityDiscount
50K-99K15%
100K-249K20%
250K-999K25%
1M+30%

Complimentary Platform Access for High-Volume Traders

Platform Access Fee Waived if 200,000 Shares are Traded in any Given Month

Market Data Available in Bundles or A-la-carte

Mobile Platform Available

Sterling Trader Pro available by request

Platform Access

$120/mo
DAS Trader Pro
Desktop Platform

Standard Data

$18/mo

Includes NYSE and NASDAQ Level 1 and Level 2 Data

Premium Data

$68/mo

Includes Standard Package + Pink Sheets Level 1 & 2

Pricing Details

Equities Commissions
Monthly Volume
(shares per month)
Commission Fee*
(+ Routing and Regulatory Fees)
Minimum Order Fee
<500k$0.003$0.30
500k-1M$0.0025$0.25
1M-5M$0.002$0.20
5M-10M$0.0015$0.15
10M-100M$0.001$0.10
>100MPlease Call us at 844-811-0118Please Call us at 844-811-0118
Options Commissions
Volume (Contracts per Month)Price per Contract
Under 10,000$0.65
Over 10,000$0.40
Over 50,000$0.30
Over 100,000$0.20
Regulatory Fees
NSCCSECTAF
0.00004 / share0.0000221 x Principal (Selling Transactions Only)0.000119 / share $5.95 max (Sells)
Routing Fees
StartCloseCategoryRouteAdding LiquidityTaking LiquidityDescription
7:30 AM5:00 PMMarket MakerLIMIT-0.002-0.002DAS auto programmed route to hit route CPGO as a limit order
7:30 AM5:00 PMMarket MakerMARKET-0.002-0.002DAS auto programmed route to hit route CPGO as a market order
4:00 AM8:00 PMSmart RouterARCS0.002-0.0032Smart router. Posts on ARCA. No rebate for stocks <$1.00
9:30 AM4:00 PMSmart RouterEDGA-0.0032-0.0032EDGA Smart router
9:30 AM4:00 PMSmart RouterEDGX0.002-0.0032EDGX Smart router
4:00 AM8:00 PMSmart RouterFAN0.002-0.0032Virtu Smart router. Aggressively seeks execution when taking liquidity
9:30 AM4:00 PMSmart RouterMARKT-0.0032-0.0032Smart router used for market orders
9:30 AM4:00 PMSmart RouterNITEP-0.0025-0.0025Virtu passive algo smart router
4:00 AM8:00 PMSmart RouterXALL-0.0032-0.0032Aggressive Smart router sweeps dark and lit destinations, execution over cost
7:00 AM5:00 PMSmart RouterCFAN0.002-0.0028Aggressive Smart order router. Aggressively seeks execution when taking liquidity
4:00 AM8:00 PMSmart RouterARCAS0.002-0.0032Smart router. Posts on ARCA. No rebate for stocks <$1.00
4:00 AM8:00 PMSmart RouterNSDQS0.002-0.0032Smart router. Posts on Nasdaq. No rebate for stocks <$1.00
4:00 AM8:00 PMSmart RouterAGGS-0.0032-0.0032Aggressive Smart router sweeps dark and lit destinations, execution over cost
7:30 AM5:00 PMMarket MakerCPGO-0.002-0.002Market Maker Route. Best for <500 share lots
9:30 AM4:00 PMMarket MakerCPMM-0.0015-0.0015Market maker wheel route
9:30 AM4:00 PMMarket MakerXDRK-0.002-0.002Market maker wheel route
9:30 AM4:00 PMMarket MakerHEAT-0.002-0.002Market maker wheel route
9:30 AM4:00 PMSpecializedPMID-0.0025-0.0025Mid-point route
9:30 AM4:00 PMSpecializedPIOC-0.001-0.001Immediate or cancel route. Best for marketable orders of very liquid stocks
9:30 AM4:00 PMSpecializedPDRK-0.0025-0.0025Dark pool route. Seeks alternative liquidity other than lit venues
9:30 AM4:00 PMSpecializedPSMT-0.0024-0.0024Aggressive route. Good for taking liquidity at lower rate
9:30 AM4:00 PMSpecializedXDAG-0.0025-0.0025Most aggressive dark aggregator route. Sweeps major dark pool destinations
9:30 AM4:00 PMSpecializedXMID-0.0025-0.0025Dark aggregator that sweeps major dark destinations executing at mid-pt. or better
9:30 AM4:00 PMSpecializedALGO-0.0025-0.0025Algo Suite Order Entry
9:30 AM4:00 PMSpecializedTWAP-0.0025-0.0025TWAP route, will work the order from time of entry to 4:00 PM EST
9:30 AM4:00 PMSpecializedDKAP-0.004-0.004Dark pool TWAP route, will work the order from time of entry to 4:00 PM EST
9:30 AM4:00 PMSpecializedTWAP2-0.0025-0.0025TWAP route, will work the order from time of entry for 2 minutes
9:30 AM4:00 PMSpecializedTWAP5-0.0025-0.0025TWAP route, will work the order from time of entry for 5 minutes
9:30 AM4:00 PMSpecializedTWAP15-0.0025-0.0025TWAP route, will work the order from time of entry for 15 minutes
9:30 AM4:00 PMSpecializedTWAP30-0.0025-0.0025TWAP route, will work the order from time of entry for 30 minutes
9:30 AM4:00 PMSpecializedTWAP60-0.0025-0.0025TWAP route, will work the order from time of entry for 60 minutes
9:30 AM4:00 PMOTCBBARCAE <$1-0.0035-0.0035ARCA Smart router for OTCBB's under $1
9:30 AM4:00 PMOTCBBARCAE-0.004-0.004ARCA Smart router for OTCBB's over $1
9:30 AM4:00 PMOTCBBSPDRM-0.002-0.002Market maker wheel route for OTCBB's
9:30 AM4:00 PMOTCBBDBOT-0.001-0.0045DBOT Smart router
9:30 AM4:00 PMOTCBBCLST-0.002-0.002Market maker route for OTCBB's
9:30 AM4:00 PMOTCBBOTCX**-0.001-0.0045OTCX router
9:30 AM4:00 PMOTCBBPUMA-0.002-0.002Market maker route for OTCBB's
Market Data Fees

Billed per-user, per-month

Nasdaq Level 1$1.50
NYSE, AMEX Level 1$3.00
Pink Sheet Level 1$15.00
Pink Sheet Level 2$50.00
Options Level 1$15.00
Options Level 2$50.00
INET Book (TotalView)$20.00
ARCA Book$15.00
Account Fees
Buy-ins/Broker Assisted TradesDomestic WireForeign WireLocate FeesOvernight Locate Multiplier
0.0095 per share $20 minimum$25$50Locate fees are charged daily2x Monday – Friday

* Locate Discount Program applies to Clear Street accounts only.

– Initial commission fee will remain in effect regardless of monthly volumes unless negotiated otherwise.

– Regulatory Fees: Certain regulators impose transaction fees to cover their costs of regulating the brokerage industry. The fees are passed through to customers as part of normal transaction processing.

– Market Data fees are subject to change without notice.

– Market Data Package fees apply to non-professional users. Professional users will be billed at $63/month for the Standard Data bundle and $148/month for the Premium Data bundle.