Flexible, transparent pricing
designed to help scale your trading.
Equities Rates
as low as
$0.001
per-share
Options Rates
as low as
$0.20
per-contract
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
Cost effective routes without compromise
Over 40 routing options
Smart routes, ECN’s, Dark Pool access, Market Maker routes
Multiple routes providing ECN rebates
| Account Equity | Discount |
|---|---|
| 50K-99K | 15% |
| 100K-249K | 20% |
| 250K-999K | 25% |
| 1M+ | 30% |
Locate Discount Program
Every CenterPoint client is eligible for our locate discount program, with discounts automatically applied to locate fees.*
25,000 shares free overnight locates
Locate discounts up to 30%
*Locate Discount Program does not apply to Atlas routes or overnight multiplier fees.
Complimentary Platform Access for High-Volume Traders
Platform access fee waived after 200,000 shares or 1,000 options contracts traded per month
Market data available in bundles or a-la-carte
Mobile platform available
CenterPoint Pro
$120/mo
Includes Mobile App
FREE for clients trading 200,000 shares or 1,000 options contracts per month.
CenterPoint Web
$20/mo
Mobile App Add-On: $25/mo
FREE for clients trading 20,000 shares or 100 options contracts per month.
Pricing Details
Equities Commissions
| Monthly Volume (shares per month) | Commission Rate | 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 |
| >100M | Please Call us at 844-811-0118 | Please Call us at 844-811-0118 |
– Commission Rates do not include Routing and Regulatory Fees
– Initial commission fee will remain in effect regardless of monthly volumes unless negotiated otherwise.
Options Commissions
| Volume (Contracts per Month) | Price per Contract (+ Regulatory/Index Fees) |
|---|---|
| Under 10,000 | $0.50 |
| Over 10,000 | $0.40 |
| Over 50,000 | $0.30 |
| Over 100,000 | $0.20 |
Commission rates do not include regulatory fees and index fees
Index Fees: SPX Index: $0.60. All other Indices: $0.40
Regulatory Fees
| Regulatory Transaction Fee | TAF | ORF |
|---|---|---|
| $0.000008 per dollar of notional on sale transactions only | $0.000145 per share, with a minimum of $0.01 and a maximum of $7.27 per sale transaction | $0.02905 on buy and sell transactions |
These rates are set by third parties and are subject to change.
Routing Fees
| Start | Close | Category | Route | Adding Liquidity | Taking Liquidity | Description |
|---|---|---|---|---|---|---|
| 7:30 AM | 5:00 PM | Market Maker | LIMIT | -0.002 | -0.002 | DAS auto programmed route to hit route CPGO as a limit order |
| 7:30 AM | 5:00 PM | Market Maker | MARKET | -0.002 | -0.002 | DAS auto programmed route to hit route CPGO as a market order |
| 4:00 AM | 8:00 PM | Smart Router | ARCS | 0.002 | -0.0032 | Smart router. Posts on ARCA. No rebate for stocks <$1.00 |
| 9:30 AM | 4:00 PM | Smart Router | EDGA | -0.0032 | -0.0032 | EDGA Smart router |
| 9:30 AM | 4:00 PM | Smart Router | EDGX | 0.002 | -0.0032 | EDGX Smart router |
| 4:00 AM | 8:00 PM | Smart Router | FAN | 0.002 | -0.0032 | Virtu Smart router. Aggressively seeks execution when taking liquidity |
| 9:30 AM | 4:00 PM | Smart Router | MARKT | -0.0032 | -0.0032 | Smart router used for market orders |
| 9:30 AM | 4:00 PM | Smart Router | NITEP | -0.0025 | -0.0025 | Virtu passive algo smart router |
| 4:00 AM | 8:00 PM | Smart Router | XALL | -0.0032 | -0.0032 | Aggressive Smart router sweeps dark and lit destinations, execution over cost |
| 7:00 AM | 5:00 PM | Smart Router | CFAN | 0.002 | -0.0028 | Aggressive Smart order router. Aggressively seeks execution when taking liquidity |
| 4:00 AM | 8:00 PM | Smart Router | ARCAS | 0.002 | -0.0032 | Smart router. Posts on ARCA. No rebate for stocks <$1.00 |
| 4:00 AM | 8:00 PM | Smart Router | NSDQS | 0.002 | -0.0032 | Smart router. Posts on Nasdaq. No rebate for stocks <$1.00 |
| 4:00 AM | 8:00 PM | Smart Router | AGGS | -0.0032 | -0.0032 | Aggressive Smart router sweeps dark and lit destinations, execution over cost |
| 9:30 AM | 4:00 PM | Smart Router | OTCP | -0.0035 | -0.0035 | Wheel route for OTCBB’s, include seeking liquidity in dark pools |
| 7:30 AM | 5:00 PM | Market Maker | CPGO | -0.002 | -0.002 | Market Maker Route. Best for <500 share lots |
| 9:30 AM | 4:00 PM | Market Maker | CPMM | -0.0015 | -0.0015 | Market maker wheel route |
| 9:30 AM | 4:00 PM | Market Maker | XDRK | -0.002 | -0.002 | Market maker wheel route |
| 9:30 AM | 4:00 PM | Market Maker | HEAT | -0.002 | -0.002 | Market maker wheel route |
| 9:30 AM | 4:00 PM | Specialized | PMID | -0.0025 | -0.0025 | Mid-point route |
| 9:30 AM | 4:00 PM | Specialized | PIOC | -0.001 | -0.001 | Immediate or cancel route. Best for marketable orders of very liquid stocks |
| 9:30 AM | 4:00 PM | Specialized | PDRK | -0.0025 | -0.0025 | Dark pool route. Seeks alternative liquidity other than lit venues |
| 9:30 AM | 4:00 PM | Specialized | PSMT | -0.0024 | -0.0024 | Aggressive route. Good for taking liquidity at lower rate |
| 9:30 AM | 4:00 PM | Specialized | XDAG | -0.0025 | -0.0025 | Most aggressive dark aggregator route. Sweeps major dark pool destinations |
| 9:30 AM | 4:00 PM | Specialized | XMID | -0.0025 | -0.0025 | Dark aggregator that sweeps major dark destinations executing at mid-pt. or better |
| 9:30 AM | 4:00 PM | Specialized | ALGO | -0.0025 | -0.0025 | Algo Suite Order Entry |
| 9:30 AM | 4:00 PM | Specialized | TWAP | -0.0025 | -0.0025 | TWAP route, will work the order from time of entry to 4:00 PM EST |
| 9:30 AM | 4:00 PM | Specialized | DKAP | -0.004 | -0.004 | Dark pool TWAP route, will work the order from time of entry to 4:00 PM EST |
| 9:30 AM | 4:00 PM | Specialized | TWAP2 | -0.0025 | -0.0025 | TWAP route, will work the order from time of entry for 2 minutes |
| 9:30 AM | 4:00 PM | Specialized | TWAP5 | -0.0025 | -0.0025 | TWAP route, will work the order from time of entry for 5 minutes |
| 9:30 AM | 4:00 PM | Specialized | TWAP15 | -0.0025 | -0.0025 | TWAP route, will work the order from time of entry for 15 minutes |
| 9:30 AM | 4:00 PM | Specialized | TWAP30 | -0.0025 | -0.0025 | TWAP route, will work the order from time of entry for 30 minutes |
| 9:30 AM | 4:00 PM | Specialized | TWAP60 | -0.0025 | -0.0025 | TWAP route, will work the order from time of entry for 60 minutes |
| 9:30 AM | 4:00 PM | OTCBB | ARCAE <$1 | -0.0035 | -0.0035 | ARCA Smart router for OTCBB's under $1 |
| 9:30 AM | 4:00 PM | OTCBB | ARCAE | -0.004 | -0.004 | ARCA Smart router for OTCBB's over $1 |
| 9:30 AM | 4:00 PM | OTCBB | SPDRM | -0.002 | -0.002 | Market maker wheel route for OTCBB's |
| 9:30 AM | 4:00 PM | OTCBB | DBOT | -0.001 | -0.0045 | DBOT Smart router |
| 9:30 AM | 4:00 PM | OTCBB | CLST | -0.002 | -0.002 | Market maker route for OTCBB's |
| 9:30 AM | 4:00 PM | OTCBB | OTCX** | -0.001 | -0.0045 | OTCX router |
| 9:30 AM | 4:00 PM | OTCBB | PUMA | -0.002 | -0.002 | Market maker route for OTCBB's |
**Any stock under $1/share will incur a $0.0045/share routing fee when using the OTCX route.
Platform & Data Fees
Platform Pricing
| Pricing (Monthly) | Mobile App | Market Data | |
|---|---|---|---|
| CenterPoint Pro | $120 | Included | A-la-carte |
| CenterPoint Web | $20 | $25/mo | A-la-carte |
Platform access fee waived for clients trading 200,000 shares or 1,000 options contracts per month.
Additional Market Data (Billed per-user, per-month)
| Data Feed | Non-Professional | Professional |
|---|---|---|
| Nasdaq Level 1 | $1.50 | $40.00 |
| NYSE, AMEX Level 1 | $3.00 | $32.50 |
| NYSE & NASDAQ Level 2 | $18.00 | $63.00 |
| Pink Sheet Level 1 | $15.00 | $35.00 |
| Pink Sheet Level 2 | $50.00 | $85.00 |
| Options Level 1 | $15.00 | $32.00 |
| Options Level 2 | $50.00 | $75.00 |
| Headline News | $15.00 | $15.00 |
| News Body | $25.00 | $25.00 |
| INET Book (TotalView) | $20.00 | $100.00 |
| ARCA Book | $15.00 | $60.00 |
| IEX Book | $5.00 | $5.00 |
| Fundamentals | $15.00 | $15.00 |
| Trade Signal | $35.00 | $35.00 |
| Imbalance Data (Requires TotalView) | $35.00 | $35.00 |
Account Fees
| Buy-ins/Broker Assisted Trades | 0.0095 per share $20 minimum |
| Domestic Wire | $25 |
| Foreign Wire | $50 |
| Locate Fees | Locate fees are charged daily |
| Overnight Locate Multiplier | 2x Monday – Friday |
| Reorganization fee | Mandatory and voluntary corporate actions will result in a reorganization processing fee of $35.00 that will be charged to your account on a per event basis. |
Learn more about CenterPoint.
Find out about the CenterPoint advantage.
Become a CenterPoint trader today.
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– Regulatory Fees: Certain regulators impose transaction fees to cover their costs of regulating the brokerage industry. These are fees that are subject to change and 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.
Platform Pricing
| Pricing (Monthly) | Mobile App | Market Data | |
|---|---|---|---|
| CenterPoint Pro | $120 | Included | A-la-carte |
| CenterPoint Web | $20 | $25/mo | A-la-carte |
Platform access fee waived for clients trading 200,000 shares or 1,000 options contracts per month.
Additional Market Data (Billed per-user, per-month)
| Data Feed | Non-Professional | Professional |
|---|---|---|
| Nasdaq Level 1 | $1.50 | $40.00 |
| NYSE, AMEX Level 1 | $3.00 | $32.50 |
| NYSE & NASDAQ Level 2 | $18.00 | $63.00 |
| Pink Sheet Level 1 | $15.00 | $35.00 |
| Pink Sheet Level 2 | $50.00 | $85.00 |
| Options Level 1 | $15.00 | $32.00 |
| Options Level 2 | $50.00 | $75.00 |
| Headline News | $15.00 | $15.00 |
| News Body | $25.00 | $25.00 |
| INET Book (TotalView) | $20.00 | $100.00 |
| ARCA Book | $15.00 | $60.00 |
| IEX Book | $5.00 | $5.00 |
| Fundamentals | $15.00 | $15.00 |
| Trade Signal | $35.00 | $35.00 |
| Imbalance Data (Requires TotalView) | $35.00 | $35.00 |