Commission-Free and Innovative Pricing Plans
Choose the pricing plan that best suits your needs
Toroxstream Securities
Experience the power of Toroxstream Securities, now commission-free on equities, equity options and futures trades. Choose between our Toroxstream GO, or Toroxstream SELECT pricing plans to get a tailored trading experience, including access to an award-winning trading platform, mobile app, dedicated trade desk, and real-time market data.
| Best Value | ||
| Equities, Equity Options and Futures Pricing* |
Toroxstream SELECT | Toroxstream GO |
|---|---|---|
| Stocks & ETFs |
$0 commission |
$0 commission |
| Stock Options |
$0 commission+ $0.60 per contract |
$0 commission+ $0.50 per contract |
| Futures |
$0 commission+ $1.50 per contract, per side |
$0 commission+ $0.85 per contract, per side |
| Futures Micro E-Mini |
$0 commission+$0.50 per contract, per side |
$0 commission+$0.50 per contract, per side |
| Futures Options |
$0 commission+ $1.50 per contract, per side |
$0 commission+ $1.50 per contract, per side |
| AVAILABLE PLATFORMS | ||
| Web Trading |
Free |
Free |
| Mobile Apps |
Free |
Free |
| Toroxstream Desktop |
Free |
Trading surcharges apply 2The TS GO Pricing plan provides access to our Toroxstream Desktop Platform, but applies additional trading surcharges to all trades placed in the Toroxstream Desktop platform. |
| REAL TIME MARKET DATA | ||
| Real-time data for Stocks, ETFs, Stock Options, Futures, Futures Options, Indices and Cryptocurrencies |
Free |
Free |
| FUNDING REQUIREMENTS | ||
| Minimum Deposit |
$2,000 |
Any amount |
| Open Account | Open Account |
Pricing Plans for Other Instruments and Regions
| INTERNATIONAL PLAN | |
|---|---|
| Stocks & ETFs |
$5 per trade |
| Stock Options3 |
$5 per trade + $0.60 per contract |
| Futures |
$1.50 per contract, per side |
| Futures Micro E-Mini |
$0.50 per contract, per side |
| Futures Options |
$1.50 per contract, per side |
| AVAILABLE PLATFORMS | |
| Web Trading |
Free |
| Mobile Apps |
Free |
| Toroxstream Desktop |
Free |
| REAL TIME MARKET DATA | |
| Real-time data for Stocks, ETFs, Stock Options, Futures, Futures Options, Indices and Cryptocurrencies |
Free |
| FUNDING REQUIREMENTS | |
| Minimum Deposit |
Any amount |
Mutual Funds
Choose from hundreds of funds from over 50+ leading fund families for just $14.95 per trade.
Bonds
Trade government, corporate, and municipal bonds for just $14.95 + additional $5 per bond.
Take advantage of a variety of plans when you trade with Toroxstream. Our transparent fee schedule breaks down the costs per contract, slide, and index.
Futures Tiered Plan
| Monthly Contracts | > 20,000 | 10,001-20,000 | 1,001-10,000 | 301-1,000 | 0-300 |
|---|---|---|---|---|---|
| Per Contract, Per Side – Futures | $0.25 | $0.45 | $0.65 | $1.00 | $1.20 |
| Per Contract, Per Side – CME Micro E-mini Index Futures | $0.20 | $0.25 | $0.30 | $0.35 | $0.40 |
Note: Tiered accounts are subject to $149.95 per month, which is waived if the account meets minimum activity. Please visit Market Data, Other Rates and Fees, and Pricing Disclosures for additional information.
Stocks & ETFs
Per Share: If you trade frequently in small blocks, you could save even more with per-share pricing starting at 1¢ per share. Learn More
Unbundled: Unbundled pricing allows high volume traders to earn execution rebates cutting your cost to as low as $.002/per share with the ability to participate in liquidity rebates.
Options
Per Contract: If you trade in small blocks, you could save even more with $1.00 per contract pricing with no base/ticket charge. Minimum 1 contract market or limit.
Toroxstream Crypto
Toroxstream Crypto offers innovative pricing that is not tied to volume. Instead, rates are based on your account balance.
| Cryptocurrency Pricing** | |||
|---|---|---|---|
| Account Balance 1 | Maker 2 | Taker 3 | |
| Up to $100K | 0.30% | 0.30% | |
| Over $100K | 0.10% | 0.20% | |
| Over $1 Million | 0.05% | 0.15% | |
| USDC STABLECOIN | |||
| All USDC Transactions |
Free |
Free |
|
| DEPOSITS & WITHDRAWALS | |||
| All Transactions |
Free |
Free |
|
| AVAILABLE PLATFORMS | |||
| TS Crypto |
Free |
Free |
|
| REAL TIME MARKET DATA | |||
| Real-time data for Cryptocurrencies |
Free |
Free |
|
| FUNDING REQUIREMENTS | |||
| Minimum Deposit |
None |
None |
|
| Open Account | |||
Earn interest on crypto
With Toroxstream Crypto, interest on your eligible crypto holdings accumulates daily and is paid and compounds monthly directly in your Toroxstream Crypto account.
Fully Paid Lending
With Toroxstream Securities, boost your account balance with our Fully Paid Stock Lending program. Eligible stock positions may earn you extra income.
Unlock the power of margin
Toroxstream Securities’ competitive equities margin interest rates start as low as 3.50 percent.
Choose the plan that works best for you
At Toroxstream, we try to design flexible and convenient pricing plans to lower your cost as you seek to reach your trading and investing goals – whatever your trading style and strategy.
Have a question, or want to chat?
Give us a call. Our customer service representatives are here to help.
$0.01/share
With an even lower commission rate of $0.006 after the first 500 shares per trade.
- No additional charge on cancelled/ unexecuted shares
- Includes all direct routing fees
- $1 minimum per trade.
Example 1
Scaling In/Out of Positions
You’re long 1,500 shares, and decide to scale out of your position as the price continues to move.
- 500 Shares @ 1¢ = $5
- 500 Shares @ 1¢ = $5
- 500 Shares @ 1¢ = $5
TOTAL COMMISSION – $15
Example 2
Fast Moving Market
You place a buy order for 1,500 shares and receive a partial fill on 1,000 shares.
1,000 Shares = $8
(500 shares @ 1¢, 500 shares @ .6¢)
The market moves away from your price, so you move your order with cancel and replace for the remaining shares.
500 Shares @ .6¢ = $3
TOTAL COMMISSION – $11
Mutual Fund Families Available to Toroxstream Customers
Aim/ Invesco FundsAllianz Funds
American Century Funds
AMG/Yachtman/Managers Funds
Blackrock Funds
BNY Mellon Funds
Bridgeway Funds
Calamos Investment Trust
Calvert Funds
Davis Funds
Delaware Funds
Deutsche Funds
Dodge and Cox Funds
Fairholme Funds
Federated Funds
Fidelity Funds
Firsthand Funds
FPA Funds
Franklin/Templeton Funds
Fundvantage
Gabelli Funds
Gamco Funds
Hancock Funds
Harbor Funds
Harris Associates / Oakmark Funds
Icon Funds
Investment Managers
Janus Funds
Kinetics Mutual Funds
Loomis Sayles
Lord Abbett Investment Trust
Mutual Series Funds
Natixis Funds
Northern Lights Funds
Permanent Portfolio Funds
Pimco Funds
Profunds
Prudential/Jennison Funds
Putnam Funds
Royce Funds
Rydex/Guggenheim Funds
Scout Funds
Shelton Funds
T Rowe Price Funds
Third Ave Trust
Thornburg Investment Trust
Tocqueville Trust
Touchstone Funds
US Global Funds
Value Line Funds
Vanguard Funds
Victory/Munder Portfolio
Virtus Trust
Wasatch Funds
Wells Fargo Funds
How unbundled pricing could reduce your trading costs
Unbundled Pricing
Unbundled stock and ETF pricing is a new commission plan that complements our current per-share and flat-fee offerings. This new plan allows Toroxstream to offer competitive commission rates and pass through to clients execution fees and rebates from the exchanges.
For additional information, contact the unbundled pricing sales team directly at 1.800.770.4049, sales@Toroxstream.com or click here to apply online.
| Commission per Share | # of Shares Executed per Month | Min. Commission per Trade |
|---|---|---|
| 0.01 | Up to 100,000 | $1.00 |
| 0.007 | 100,000 to 1 million | $0.70 |
| 0.005 | 1 million to 3 million | $0.50 |
| 0.003 | 3 million to 5 million | $0.50 |
| 0.002 | 5 million + | $0.50 |
Example 1
A client who trades 4 million shares per month places a market order to buy 1,000 shares of GOOG. He selects BYX as the destination to route the order. The commission for the 1,000 shares is $3.00 (1,000*0.003). The rebate from BYX for removing liquidity is $0.70 (1,000*-0.0007). The clearing fee is $0.20 (1,000*0.0002).
The total commission for this trade is $2.50 ($3.00 – $.70 + $0.20).
Example 2
A client who trades 5 million shares per month places a limit order to buy 10,000 shares of MSFT that will add liquidity. She selects BATS as the destination to route the order. The commission for the 10,000 shares is $20.00 (10,000 * 0.002). The rebate from BATS for adding liquidity is $25.00 (10,000 * -0.0025). The clearing fee is $2.00 (10,000*0.0002).
The total commission for this trade is a rebate of $3.00 ($25.00 – ($20.00 + 2.00)).
Example 3
A client who trades 1 million shares per month places a market order to buy 5,000 shares of BAC. He selects NYSE as the destination to route the order. The commission for the 5,000 shares is $25.00 (5,000*0.005). The fee from NYSE for removing liquidity is $12.50 (5,000*0.0025). The clearing fee is $1.00 (5,000*0.0002).
The total commission for this trade is $38.50 ($25.00 + $12.50 + $1.00).
The fees and rebates listed are only examples. Please refer to the Fees and Rebates page for actual pricing.
A clearing fee of $0.0002 per share will be added to every transaction. There is no additional fee for direct routing. $1 minimum per order up to 100,000 shares executed per month, $0.70 minimum up to 1 million shares executed, and $.50 minimum per order for monthly volumes exceeding 1 million. This is only applicable for the commission. The pass-through rebate and fee are not taken into consideration for the minimum commission charge. If intelligent routing is selected, the order will get routed to the destination based on our intelligent routing algorithm, not necessarily the destination with the lowest fee or highest rebate. Care should be taken when using intelligent routing on the unbundled commission plan. In most cases, the same fee/rebate the exchanges charge Toroxstream is passed on to the client, but this is not guaranteed. Some normalization does take place.
