Smooth onboarding for US options

Get started with educational resources & simple options trading activation

Advanced options tools

Customized options chain and easy-to-use options screener model your trades in advance

Zero experience trading options?

No worries! $100K Demo Account will help you practice your trading skills

Pricing

BROKERAGE
USD 0.95 per contract
Min. USD 2.99 per order
Get started
Pass through fees apply.
RIDE MARKET WAVES WITH US OPTIONS
Brokerage Fees
Tiered Commission Plan
Number of contract traded per month Commission per contract Minimum commission per order Platform Fee
1-50 USD 0.8 USD 1.99 USD 0.3 per contract, at least USD 1 per order
51-150 USD 0.7
151-300 USD 0.65
301-500 USD 0.6
501-2,000 USD 0.55
2,001-5,00 USD 0.5
5,001-10,000 USD 0.45
10,001-50,000 USD 0.4
50,001-100,000 USD 0.35
More than 100,001 0 0
Fixed Commission Plan:
Commission Platform Fee
USD 0.65 per contract, at least USD 1.99 per order USD 0.3 per contract, at least USD 1 per order

Notes:

(1) Users can choose either the tiered or the fixed commission plan. By default, users are on fixed commission plan.

(2) It is in your best interest to select a tiered plan when you trade over 525 Contracts per month.

(3) Each order will be charged by one tier only, based on monthly cumulative trade volume before placing new orders; Option contracts in one order will not be charged by different tiers.

Pass-through Fees
Type Fees
ORF
(Options Regulatory Fee)
USD 0.03025 / Contract
SEC Membership Fee
(Charged for sell orders only)
0.000008 × Trade Value
Min. USD 0.01 / Trade
FINRA Trading Activity Fee
(Charged for sell orders only)
USD 0.00244 / Contract
Min. USD 0.01 / Trade
OCC Clearing Fee USD 0.055 / Contract
Max. USD 55 / Order
Exchange Fee Exchange fees vary depending on the exchange
in which the contract is executed

Notes:

(1) Options Trading Fees charged by exchanges may vary as the impact of orders on options liquidity varies. The exact fees are subject to the exchanges. Trading fee is a pass-through fee charged by SEC (US Securities and Exchange Commission) and is charged for sell orders only.

(2) FINRA Trading Activity Fee is a pass-through fee charged by FINRA (US Financial Industry Regulatory Authority) and is charged for sell orders only.

(3) OCC Clearing Fee is a pass-through fee charged by OCC (US Options Clearing Corporation).

(4) Exchange Fees vary depending on the exchange in which the contract is executed.

(5) If there is any change in the fees charged by third parties such as exchanges and regulators, TFNZ will adjust the fees they charge on their behalf accordingly.

Worldwide access from one account

US, Australia, Hong Kong, China, Singapore

US OPTIONS

  • √
    Low brokerage fees
  • √
    Built-in Analytics (eg. Implied Volatility and the Greeks)
  • √
    Free demo account for practice

US STOCKS

  • √
    No transaction fee for low trade volume*
  • √
    Free real-time market data with depth
  • √
    No NZD ⇆ USD FX fee for up to NZD 2000/month*

ETFs

  • √
    Easy investing across countries and currencies
  • √
    Diversify your portfolio across hundreds of assets, sectors and markets
  • √
    Choose ETFs that focus on specific concepts (e.g. ESG and Bitcoin)

ASX STOCKS

  • √
    No transaction fee for low trade volume*
  • √
    Free click to refresh real-time market data
  • √
    No NZD ⇆ AUD FX fee for up to NZD 2000/month*

HKEX STOCKS

  • √
    Competitive transaction fee
  • √
    Invest in Chinese Internet enterprises and tech companies
  • √
    Free market data

FUTURES

  • √
    Competitive brokerage fees
  • √
    24 hour access
  • √
    Over 100 global products to trade