Frequently Ask Questions

TradeZero America, Inc. is a broker dealer located in New York. We are members FINRA and SIPC. Check Broker Check registration here:, please click here.
TradeZero America Inc.'s mission is to provide stock and options trading services through its full suite of trading platforms..

The TradeZero smart router routes the orders to market centers that provide payment for order flow or rebates. These market centers include ARCA, EDGX, BATS, NSDQ and others.

TradeZero is subject to Reg NMS. This states that firms are obligated to provide investors with executions at the best possible price. Read more about Reg NMS here: click here.

Electronic Transaction Clearing, Inc. (ETC) is a US based clearing firm located in Los Angeles, California. ETC is a SIPC/FINRA member https://etc-clearing.com/

Yes. Pattern Day Trader(PDT) restrictions apply. A Pattern Day Trader is a FINRA designation for a margin account that executes four or more day trades in five business days, provided the number of day trades are more than 6% of an accounts total trading activity for that same five-day period. These accounts need to maintain a daily equity balance of $25k or more and receive 4:1 Day Trading Buying Power from the clearing house. When the Starting Day Equity Balance is below $25k, the Day Trading Buying Power is reduces to zero (0).

Margin accounts receive 2:1 margin and must adhere to the PDT restrictions when the Starting Day Equity Balance is below $25k.

Cash Account must have settled funds before a purchase can be made and before a security can be sold. These accounts are not allowed to short stock.

We are able to accept accounts in every state and territory in the US.

The short list is extensive and derived from the use of an automated proprietary system that blends multiple pools of easy to borrow lists. Hard to borrow shares can also be located for a fee.

The short list is imported daily into the trading platform. If the stock permissioned to be shorted the platform will show a green S next to the symbol box. The entire short list is also posted in the online portal.

The fees are quoted per share. The rate is determined by the difficulty to borrow the stock on that day.

You can fund your account by sending a Bank Wire or Automated Clearing House (ACH) Transfer. We do not accept Third Party Wires. Your name and legal address from your bank must match the information you provided on your account paperwork.

TradeZero America, Inc., like all other registered Broker Dealers in the US, enforces the Pattern Day Trading (PDT) rule as defined by FINRA Rule 4210 (Margin Requirements).

The PDT rule generally states that a customer is limited to three (3) round trip trades in any consecutive five trading day period unless maintaining a daily equity balance of $25,000.

If a customer creates a fourth (4) roundtrip trade, the account is classified as a pattern day trading account for ninety days. During this time, the account is restricted from day trading unless the equity balance is $25,000 or more.

Click here to read FINRA Rule 4210 on Pattern Day Trading (PDT Rule).

TradeZero America can force the sale or cover of equities positions in a customer’s account(s) without prior notice. If during the trading day, the equity in a customer’s account:

• Falls between 15-20%, TradeZero America may, at its discretion, buy-in or liquidate the customer’s position in order to raise account equity up to 25% or more;
• Falls to 15% or below, TradeZero America may, at its discretion, buy-in or liquidate the customer’s entire account.

After buy-in or liquidation, it is the customer’s responsibility to maintain or increase account equity to meet the requirements stated in the Electronic Transaction Clearing (“ETC”) Margin Form.

Likewise, If ETC cannot continue to borrow the securities in which a customer has a short position, TradeZero America may notify customers to cover their short positions during trading hours.

Furthermore, if the customer receives a margin call and fails to fund his/her account, TradeZero may liquidate any positions in the account to satisfy the maintenance margin call.

• Win7 SP1+ (no Mac)
• .Net Framework 4.6.2+

You can check your account balance by logging into the ETC Portal -> Click Reports -> Select “Balance” from the drop down menu

ACH transfers may take up to 3 business days

TradeZero offers Live Paper Trading accounts to active clients for $79 a month