Celebrating 10 Years as the Leading Broker for Active Traders

50% off

Commissions and Locates for 60 days

Technology

State-of-the-art day trading platform built for speed and power.

  • Fast and Reliable
  • Real-Time Data
  • Advanced Charting
  • Streaming Level 2
  • Rapid Order Executions
  • Advanced Trading Tools
  • Advanced Order Types
  • Built-In Scanners
  • Hot Keys
  • Support You Can Count On
Technology

Direct Market Access

CenterPoint Securities offers sponsored Direct Market Access (DMA) routes that give you control over your order flow.

Faster Order Executions

DMA gives traders the rapid order executions they demand. Orders skip the delays of standard retail executions.

Improved Fills

DMA gives traders control over order flow, resulting in improved execution rates, faster fills, and better fill prices.

Multiple Routing Options

Get access to over 30 routing options. Route directly to market makers and ECN’s or choose one of our smart routes.

Industry-Leading Short Inventory & Locates

Our clearing firm offers an extensive easy to borrow list and has an industry leading securities lending team with decades of experience. This further places CenterPoint as a top competitive choice for traders who rely on shorting as a major part of their trading strategy. Never miss a trade…

  • Extensive Easy-to-Borrow List
  • In-House Securities Lending Team
  • Locate Discounts Up to 30%
  • Integrated Locate System (In-Platform)

Why Traders Choose CenterPoint

Direct Market Access Routes

Improved order executions

Short Locates

Powered by our securities lending team

Per-Share Commissions

Efficient for scaling in and out of positions

ECN Rebates

Commission rebates when adding liquidity with select ECN’s

Extensive ETB Lists

Approximately 8,000 symbols daily

Competitive Options Rates

As low as $0.20/contract

30+ Order Routing Options

Direct routes, ECNs, and smart routes

Advanced Trading Platform

DAS Trader Pro

Tiered Commission Structures

Discounts for highly active traders

Pre-Market & After Hours Trading

4AM-8PM EST for CP Clients

Powerful Mobile Platform

iDasTrader available for Android and iOS

Unparalleled Support

Phone support, email support, and online resources

How Does CenterPoint Compare?

 EtradeAmeritradeSchwabIBKR
Custom Routing Options40+ Routes<5<5<5<5
Routing Rebates
Short Locates InventoryExtensiveLimited¹Limited¹
Locate DiscountsUp to 30%
DAS Trader Platform
Instant Phone Support
Direct Email Support
Self-clearing
Excess Account Insurace
Primary Client BaseActive TradersInvestorsInvestorsInvestorsTraders/Investors
Free Trade Ideas Access
Free TraderSync Access
Free Dilution Tracker Access
Free TrendSpider Access
Cash Interest Rate²2.83%0.15%0.30%n/a2.66%
Margin Rate³5.33%11.70%11.75%10.63%5.33%

Data last updated November 22, 2022

¹ Based on 1:1 symbol comparison
² Based on 50K cash balance
³ Based on 50K debit balance

Get Started Today!

50% off

for 60 Days

Enter promo code CPTRADER50 during the account application process.

Frequently Asked Questions

What is the account minimum?

Our current account minimum is $50,000.

What account types does CenterPoint offer?
CenterPoint offers individual, joint, and corporate accounts.
Do you accept foreign accounts?

We accept most foreign accounts. Please contact us for details.

Why don’t you offer free commissions?
You’ve probably heard the expression “nothing in life is free,” and zero-commission trading is no different. You get what you pay for. When brokers offer zero-commission trading, they do not simply eat the cost of commissions. Instead, they monetize your order flow, which may result in slower executions and subpar fill prices. While you save on commission fees, you may end up paying more overall.
Do I need a specialized trading broker?
Specialized trading brokers, such as CenterPoint Securities, are not for everyone. Our firm caters specifically to active traders who value quality order executions, advanced trading tools, and access to resources you won’t find at traditional brokers. If you place trades daily or weekly, you will likely benefit from a specialized trading broker. If you invest for the long-term, most traditional brokers will be adequate for your investing style.
What is Direct Market Access?
Direct Market Access (DMA) allows traders to route their orders directly to the market. When you place an order at a non-DMA broker, your order is first routed to the broker before being sent to market. The broker acts as a middleman, which can lead to slower executions, missed trades, and subpar fill prices. DMA gives traders more control over their order flow, resulting in faster executions and better fill prices.
Does CenterPoint enforce the Pattern Day Trader Rule?
Yes. The PDT Rule is enforced for all accounts.
Is my trading account insured?

Yes. The Securities Investor Protection Corporation (SIPC) is a nonprofit organization that protects stocks, bonds, and other securities in case a brokerage firm goes bankrupt and assets are missing.
The SIPC will cover up to $500,000 in securities, including a $250,000 limit for cash held in a brokerage account.

Promotion Details

  • Offer valid for new accounts opened after March 2022 only (cannot be combined with any other promotional offer or discount)
  • Offer valid for new clients only
  • Discount applies to the base commission rate and locate fees
  • Overnight locate discount is limited to 25,000 shares.
  • 60-day promotion begins when the account number is delivered to the client
  • Please review our pricing page to fully understand commissions and fees
  • Every client is eligible for 3 months of free access to CenterPoint Edge. After 3 months, Edge benefits will be available to clients who trade over 100,000 shares/month.
  • Offer may not be combined with any other promotions