BitFin

Super Low Rates = More Trading

Lower rates mean more money available for trading. BitFin’s online trading rates are some of the lowest for day traders.

Rate Per Share

Volume Per Month Per Share
1 Million+
$ 0.002
500k - 1M
$ 0.003
250k - 500k
$ 0.005
0 - 250,000
$ 0.007

Minimum Per Trade

Volume Per Month Per Trade
1 Million+
$ 0.95
500k - 1M
$ 1.95
250k - 500k
$ 2.95
0 - 250,000
$ 3.95

Rate Routing

Volume Per Month Per Trade
1 Million+
$ 0.003
500k - 1M
$ 0.003
250k - 500k
$ 0.003
0 - 250,000
$ 0.003

High Volume Traders, those who trade more than one million shares per month, can place an order for a Trade Rebate.

  • Short Fee:  The price is disclosed at the time of locate request, if held overnight the fee is 4 time the daily locate fee per night. 
  • Trading in ineligible DTC securities will incur additional settlement fees.
  • The overnight margin call fee is charged to any account with a capital below 50% of $25 per day.
  • Holding positions on margin overnight are subject to an interest rate of 7.5% APR (annualized).

Account fees

Margin Call fee

$25
  • The overnight margin call fee is charged to any account with a capital below 50%
  • The equity margin call fee is charged to any account that exceeds the 6: 1 intraday margin and is settled by the company at $ 25 per symbol plus the $ 25 trading desk fee.

Fees for Withdrawal of Funds

$25
  • Holding positions on margin overnight are subject to an interest rate of 7.5% APR (annualized).

Monthly Fee

$10
  • A monthly maintenance fee of $ 10 or the account balance, whichever is less, will be applied to accounts.
Pricing Plans

Getting started with our online stock trading software is easy. Give it a try with our free $ 100K demo. Our 100K demo will help you familiarize yourself with our online trading software before placing a trade. When you start trading, using our online stock trading software will come naturally.

BitFin (ActiveWeb)

Made for Beginners

$ 0 per month
  • NASDAQ (Level 1) FREE
  • NYSE / AMEX (Level 1) FREE
Free

BitFin Pro

Made for DayTraders

$ 125 per month
  • Advanced Graphics
  • Super Fast Data
  • $0 for traders who exceeded $300 fees per month

Exchange Data Rates

  • Pro Rates
Level 1-Exchange Data
Nasdaq (Level 1)
$ 40
NYSE, AMEX (Level 1)
$ 65
Pink Sheets (Level 1)
$ 30
OPRA Options (Level 1)
$ 30
E-Mini Futures (Level 1)
$ 30
Market Depth Data
Regional Quotes (Basic Level 2)
$ 60
NASDAQ Total View (Book Depth)
$ 100
Pink Sheet (Level 2)
$ 100
OPRA Options (Level 2)
$ 50
News
$ 25
NYSE ARCA Book
$ 65

You can see our General Terms and Conditions for the platform’s monthly fees. If you have questions, our support team is available to assist you by phone, email, or chat.

Non-prorated rates. All users are signed up as “professionals” unless they qualify as “non-professionals” through the exchange questionnaire.

Click here to determine your professional or non-professional status. Rates and fees are subject to change without prior notice.

Margin Information and Rules

To leverage Intraday

6:1

Leverage Next day (overnight)

2:1

Trade Desk rate

$25
  • Leverage can only be used on accounts with capital exceeding $ 500.
  • Accounts with less than $ 100 will be fully settled and deactivated.
  • Shares below $ 2.50 require a share equity requirement of $ 2.50 per share. ($ 2.50 rule)
  • For example: If you ‘shortened’ 1,000 shares valued at $ 1.00 per share, you will need at least $ 2,500 of equity in your account.
  • We allow a 6: 1 spread on Nasdaq, NYSE and AMEX stocks above $ 3.00. Stocks on the volatile list may not qualify for margin.
  • Certain stocks may have a higher margin requirement and, depending on market restrictions, may not be completely marginable up to 6:1.
  • Short positions are subject to repurchase at the discretion of our Risk Team as ordered by the Clearing Company.
  • Accounts must not exceed the 2:1 margin after 3:45 pm EST.
  • Accounts below $ 500 in principal cannot use margin.
  • Options cannot be traded on margin.
  • The overnight margin rate is 7.5% APR

 

Margin of Calls and Flags

Your account or parts of it may be liquidated and incur a $ 50 fee [Trade Desk + Margin Call] if:

  • Your account exceeds the 6:1 margin during intraday trading (9:00 am – 3:30 pm) EST
  • Your account exceeds the 2:1 margin as of 3:30 pm EST.
  • If you use margin in:
  • Options
  • OTC markets
  • Pink sheets
  • Any stock below $ 3.00
  • Trading in stocks of less than a penny is not allowed.
  • You are using leverage with an equity of less than $ 500.
  • Your capital is less than $ 100 (will be settled in full)
  • As long as your account margin exceeds 6:1

 

Please note: Margin calls are charged with settlements ($ 25 settlement fee + $ 25 margin call). Margin calls are also charged separately as an overnight rate if they exceed the 2: 1 overnight margin. The Risk Department is not responsible for replacing pending orders that are canceled during a settlement.

 

 

 

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