Overview of TradeZero fees and charges

It's safe to say that TradeZero's fees are low in general. They either don't charge a brokerage fee for things other brokers do charge for, or they only charge a small amount. This means that you can use TradeZero even in case you trade frequently like multiple times a week or daily.

Here's a high level overview of TradeZero's fees

TradeZero Fees snapshot
Assets Fee level Fee terms
US stock fee Low Commission-free, but orders less than 200 shares have $0.99 flat fee.
EURUSD fee - Not available
US tech fund fee - Not available
Inactivity fee Low No inactivity fee

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TradeZero fees
TradeZero fees explained

We compare TradeZero fees with its closest competitors, Interactive Brokers and tastyworks.

TradeZero fees
TradeZero trading fees

TradeZero's trading fees are low which makes it suitable for you even if you trade often (i.e. multiple times a week).

Let's break down the trading fees into the different asset classes available at TradeZero.

Trading fees

TradeZero's trading fees are low.

Stock fees and ETF fees

TradeZero has low stock trading fees.

Stock fees of a $2,000 trade
TradeZero Interactive Brokers tastyworks
US stock $0.0 $1.0 $0.0
UK stock $0.0 $3.4 -
German stock $0.0 $3.0 -

Options fees

TradeZero's options fees are low.

Stock index options fees of 10 contracts
TradeZero Interactive Brokers tastyworks
US stock index options $5.9 $6.5 $7.5
UK stock index options $5.9 $19.2 -
German stock index options $5.9 $16.8 -

Financing rates

TradeZero financing rates are .

If you want to trade on margin and prefer to hold your positions long, financing costs can be significant.

TradeZero yearly financing rates
TradeZero Interactive Brokers tastyworks
Apple CFD financing rate - 5.3% -
Vodafone CFD financing rate - 4.5% -
EURUSD financing rate - 2.7% -
EURGBP financing rate - 2.1% -

Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading foreign exchange/CFDs with any level of leverage may not be suitable for all investors.

TradeZero fees
TradeZero non-trading fees

When it comes to looking at all the non-trading fees TradeZero is a cheap broker. This means that they don't charge you a lot for non-trading related activities on your trading account, like withdrawal fee.

Non-trading fees include various brokerage fees and charges at TradeZero that you pay not related to buying and selling assets. Among some others, typical non trading fees are withdrawal fee, deposit fee, inactivity fee and account fee.

A high level overview of how TradeZero stacks up in non-trading fees
TradeZero Interactive Brokers tastyworks
Withdrawal fee $50 $0 $0
Deposit fee $0 $0 $0
Inactivity fee No No No
Account fee No No No

TradeZero fees
TradeZero deposit fee

Deposit fees are applied when you send money to your trading account from your bank account. Usually brokers don't charge money for that and TradeZero is not different: you will see the exact same amount on your brokerage account that you sent by any of the deposit methods TradeZero offers.

TradeZero deposit methods
TradeZero Interactive Brokers tastyworks
Bank transfer Yes Yes Yes
Credit/debit card No No No
Electronic wallets No No No
Deposit fee $0 $0 $0

TradeZero fees
TradeZero withdrawal fee

Unfortunately, quite like the majority of the online brokers we have reviewed TradeZero does charge a withdrawal fee of $50 for the bank transfer. This means that you need to pay this amount of money when you transfer your money back to your bank account. It's up to you to decide whether this is a high amount or not as it's dependent mostly on the size of the transferred amount.

TradeZero withdrawal fees and options compared
TradeZero Interactive Brokers tastyworks
Bank transfer Yes Yes Yes
Credit/debit card No No No
Electronic wallets No No No
Withdrawal fee with bank transfer $50 $0 $0

TradeZero fees
TradeZero inactivity fee

TradeZero does not apply an inactivity fee which is great because your account will not be charged even if you do not trade for a longer time period (months or years).

Author of this article

Krisztián Gátonyi

Author of this article

Krisztián has 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. He received his MSc degree in International Business from the University of Middlesex. He is interested also in real estate and dividend growth investing. His purpose is to help people find the best investment provider.

Krisztián Gátonyi

Senior Broker Expert

Krisztián has 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. He received his MSc degree in International Business from the University of Middlesex. He is interested also in real estate and dividend growth investing. His purpose is to help people find the best investment provider.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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