Smooth onboarding for US options
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Pricing
| 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 |
| 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) The number of cumulative contracts traded is based on the calendar month of the exchange's time zone.
(2) When a Good-Till-Cancelled (GTC) order is not filled within a single trading day, each other trading day that the remainder of such order is filled it will be treated as a fresh order fee-wise.
(3) By default, users are placed on the fixed commission plan. A user can change from one plan to the other once a month.
| Type | Fees |
|---|---|
|
ORF (Options Regulatory Fee) |
USD 0.02685 / 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 0.00279 / Contract Min. USD 0.01 / Trade |
| OCC Clearing Fee |
USD 0.02 / Contract Max. USD 55 / Trade |
| 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
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Low brokerage fees
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Built-in Analytics (eg. Implied Volatility and the Greeks)
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Free demo account for practice
US STOCKS
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No transaction fee for low trade volume*
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Free real-time market data with depth
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No NZD ⇆ USD FX fee for up to NZD 2000/month*
ETFs
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Easy investing across countries and currencies
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Diversify your portfolio across hundreds of assets, sectors and markets
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Choose ETFs that focus on specific concepts (e.g. ESG and Bitcoin)
ASX STOCKS
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No transaction fee for low trade volume*
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Free click to refresh real-time market data
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No NZD ⇆ AUD FX fee for up to NZD 2000/month*
HKEX STOCKS
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Competitive transaction fee
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Invest in Chinese Internet enterprises and tech companies
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Free market data
FUTURES
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Competitive brokerage fees
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24 hour access
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Over 100 global products to trade
