Xtratsprofits believes that technology empowers traders to be more profitable helping to grow our user’s economic freedom. Technology also enables us to provide transparent and straightforward prices with $2000 commission trades
and no deposit minimums.
We make money the same way every other broker makes money, but with one less revenue line item: commissions. In order to keep the lights on, we optimize the back-end revenue streams that every other broker (traditional
or non) utilize to generate revenue. Simply put, these are stock loans, interest on free credit balances, margin interest and payment for order flow
Minimum:$200
Maximum: $999
5% Trade Commission
24/7 active support
Minimum:1,000
Maximum: 9,999
5% Trade Commission
24/7 active support
Minimum:10,000
Maximum: 49,999
10% Trade Commission
24/7 active support
Minimum:50,000
Maximum: 500,000
10% Trade Commission
24/7 active support
Short Selling Fees
For a short position, you need to borrow shares of a company before you sell them. The cost associated with a short sale is the fee for borrowing the stocks of said company. The stock loan rate changes on a daily basis based on market
condition. Just as interest on margin trading, it is calculated on a daily basis and charged daily. The formula is:
Daily Margin Interest (Short Position) = The Daily Market Value of the Borrowed Stocks when Market Closes* Stock Loan Rate for That Stock/360.
Fees Charged By Regulatory Agencies & Exchanges
Xtratsprofits does not charge commissions for trading stocks, ETFs and options listed on U.S. exchanges. However, fees are still applied by certain regulatory agencies, some of which are passed from the broker dealer to clients as a
pass through transaction. Xtratsprofits does not profit from these fees.