Execution Conditions
Stocks
Trade any US Stock on 10+ market centers, with competitive commissions and reliable execution.
Pricing & Account Types
Classic accounts provide access to:
US Stocks
Available Market Centers: NASDAQ, NYSE, AMEX, ARCA, CHX, IEX, EDGE, BYX, BATS, LTSE, MEMX and PINK.
European Stocks (coming soon)
Available Market Centers: LSE, BATS, CHI-X, EBS, VIRTX, BM, NASDAQ BALTIC, CBOE EU, to name a few.
If you aim to attract investor capital to your trading strategy, please select one of our Parsonexcapital accounts: Stocks Parsonexcapital accounts
Terms & Conditions
US Stocks prices
| Assets | All US Cash Stocks |
| Minimum commission per order | 0.5 USD |
| Commission per contract | 0.01 USD |
| Execution costs included | No |
| Intraday margin | 25% |
| Margin at close | 50% |
| Tick value | 0.01 USD |
| Available for short selling | Yes |
| Trading hours | M-F 09:30:00 - 16:00:00 (NY Time) |
Account margin & interest rates
Margin rates*
≤ 100,000: 2.09% (BM + 2%)
100,000 ≤ 1,000,000: 1.59% (BM + 1.5%)
1,000,000 ≤ 3,000,000: 1.09% (BM + 1%)
3,000,000 ≤ 200,000,000: 0.89% (BM + 0.8%)
Interest rates
0 ≤ 10,000 : 0%
> 10,000 : 0% (BM - 1%)
* When calculating rates, please note that Parsonexcapitalex uses a blended rate.
For example, for balances over USD 1,000,000: The first 100,000 is charged at the Tier I rate, the next 900,000 at the Tier II rate, and so on.
When determining the quoted spread, Parsonexcapitalex will use the set benchmark rate - or a benchmark rate of 0 - for all benchmark rates less than 0.
Parsonexcapitalex accrues interest on a daily basis and posts actual interest monthly, on the third business day of the following month.
The tiers on which interest is based may change periodically without prior notification to clients. Such adjustments are performed to account for changes in currency rates (in USD).
Benchmark: Fed Funds Effective (Overnight Rate)