Looking for a low cost broker with good shorts for small caps

Discussion in 'Retail Brokers' started by dillen, Aug 9, 2019.

  1. dillen

    dillen

    Hi,

    I currently using IB and Centerpoint. IB is great, but I am looking to replace CenterPoint as the cost over there is very high for trading and shorts locate. Do you have any suggestions for good brokers for shorting smallcaps ?
    What do you think about LightSpeed, Speedtrader, SureTrader?

    Thanks
     
    TradeZero_Mohamed likes this.
  2. Robert Morse

    Robert Morse Sponsor

    Small-Cap listed or OTC?
     
  3. Why do you need two? Commission depends on volume traded (at IB), so two will increase commission costs.
     
  4. El_Cubano

    El_Cubano

    Can't do short locates unless have portfolio margin account with IB.
     
  5. TradeZero_Mohamed

    TradeZero_Mohamed Sponsor

    At TradeZero we offer free commission trading along with extensive availability for HTB stocks. visit tradezero.us for more information or contact me directly. I would love to walk you through our offers.
     
  6. El_Cubano

    El_Cubano

    Are trade zero accounts based on citizenship or residency?

    I want to open an account at your international branch. But I'm a US citizen and you guys won't let me despite the fact I live in Canada.

    With interactive brokers accounts are based on residency. So I have a Canadian rules based account because I live in Canada, despite being a US citizen.

    Is there a way I can open an account with your international branch?
     
  7. What's the difference treatment as a Canadian rule vs US rule?
    I see that tz international have a wire fee much higher than US base
     
  8. El_Cubano

    El_Cubano

    There's no PDT rule in Canada. That's the big one.