For $ 4,99 a month, you can execute an unlimited number of orders on stocks and options. Accounts with a subscription are not subject to this fee.
You choose
How does the zero-commission model work?
or
How does the mini-commission model work?
Due to CBOE policy a commission of $ 0,49 and an exchange fee of $ 0,58 per CBOE option is always applicable.
During the account application, you select which of these two models you choose. You can always switch later.
Every order is executed at the best price available from multiple exchanges.
Freestoxx executes orders as dictated by the SEC's NBBO rule.
The National Best Bid and Offer (NBBO) is a Securities Exchange Commission (SEC) rule requiring brokers to trade at the best available ask price and the best available bid price when buying and selling securities for customers. The National Best Bid and Offer is the bid or ask price that the average customer will see. The Securities and Exchange Commission’s Regulation NMS requires that brokers guarantee their customers this price.
This is part of the broker comparison
| FREESTOXX | DEGIRO | Trade Republic | Interactive Brokers | |
| Commission per order |
$
0,00 |
€
1,00 |
€
1,00 |
$
0,005 per share |
| Minimum | – | € 1,00 | € 1,00 | $ 1,00 |
| Order processing fee | – | € 1,00 | – | – |
| Currency conversion charge | 0,00% | 0,25% | 0,00% | $ 3,00 |
| Order execution | NBBO | NBBO | Market maker | NBBO |
| Deviation market price | – | – | + 266% average |
– |
| Real-time market quotes |
Free | Free |
No |
Paying |
A market maker adds his profit to the share price. Many investors are unaware of this 'invisible' cost. These are examples of what a market maker charges you extra when you trade stocks lke Apple, Tesla, Netflix or Amazon.
