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True and Complete Review on TradeZero ( MyBlogStory.Com )

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Pros & Cons using TradeZero Stock Brokerage Company


( TradeZero Best Known for No PDT rule , Free Trades on Limit Orders )

True and Complete  Review on TradeZero By Sunny  ( MyBlogStory.Com )

Click Here To Register TradeZero Today 



Im n't a Big Stock Player or well reputed top trader. Im same like most of you. A common Man , started trading since 2016. I struggled in finding best out of market for  No PDT rule ( as I dont have 25K with me) , Good leverage and also who can provide best commissions
And being With tradezero for more than a year by now. I found this to be Best.
Not Like many other reviewers , Im n't here to promote Brokers , rather I always write down real experience  using different platforms.


TradeZero.Co is online discount broker based  in Nassau, Bahamas. As they are located out of United States , they don't need to compile with PDT Rule. Yes , you no need to worry about Pattern Day Trading rule even with smaller account size.


Also look over my post on UstockTrade to get No PDT rule For USA Citizens - smaller accounts 

I personally prefer using TradeZero and I recommend it for
  • Starters with small accounts who wants to skip PDT rule  
  • Intermediate level traders who can take advantage of Limit Free trades ( commission free ) and to short sell with 6X leverage amounts 
  • Experts in getting almost all the stock tickers located for shorting.


Lets see all the Pros ( Blue colored ) and Cons (Red Colored ) below


Look Over My article on How best you can find a Sympathy Play over a Huge Running Stock

Some of Pros & Cons on TradeZero account:
Opening Account & Minimum deposit
&& Leverage Given 

  • Minimum of 500$ can be used to Open account with TradeZero.
  • You get 1:4 leverage from $500+ to $2499  and 1:6 Leverage  on Cash balance Over $2500+  
    i.e you if you have 2500$ deposited , you get 2500x6 = 15000$ to day trade.
  • Leverage Schedule Tradezero
    • You can use leverage amounts only on Stocks Priced 3$ and above
Free Orders / Commissions and Fee
  • Commission free trading on limit order executions - of share size 200 and or above with a minimum of 1-2 second gap on filling. (enlarge below image for more info )
    • Stop Limits wont fall under this zone of Free Trades 
    • OTC stocks wont be under this too
    • Btw Stock price under 1$ cant be traded for Free  
  • Charges on paid orders are below 
Charges on TradeZero


Shorting stocks - Locate fee structure 
  • Most Important part of TradeZero is shorting stocks. You can locate almost all the stock tickers ( hard to barrow charges may differ from stock to stock ) 
  • Shorting stocks is very easy that you can short almost every stock ticker using TZ 
    • Easy to Barrow stocks are very less or hard to find - among high volatile stocks - in other words , you have to pay and locate  almost every stock which are of High momentum. ( Good thing here is , you can always find / locate shares and if stock is not Highly Volatile you would find it Easy to Barrow )
    • Major issue, I found shorting stocks with TZ is .. You shouldn't hold short position overnight , if you do , you have to pay charges of 7X the borrowing charges on each share.  ( where as , normal stocks held overnight with margin amounts will be charged as less as 8% annually )
TradeZerro Overnight charges on Short position ( MyBlogStory.Com )


Software Free 
  • There are many tools to trade stocks  @ TZ , You can use Software tool , Web Zero and also ZeroFree  ( Mobile app in addition ) 
  • Charges on these are pretty low compared many tools available in market and also you can get it for free if you trade some count of shares per month ( details below )
Software Fee Tradezero

You can get even lesser charges over these tools , if you register through MyBlogStory 


    • As TZ is OFFSHORE , they may not provide you Tax Documents. You have to deal with it by your own. ( But hopefully can be managed )
Over All -- TradeZero is best out of market for all day traders with << 25K to Avoid PDT rule and trade with free limit orders, also can short almost all stocks with good locate charges. 


Being MyBlogStory Readers , You get discounted account by registering through us



Discounts On tradezero account


Click Here To Register Today
 





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About Author

  • Keerthish Kodali is a DevOps engineer who spends his free time exploring crypto, DeFi, stocks, and futures prop firm trading. His blog shares honest insights from real trading experiences, personal growth, and lessons learned along the way. To know more about me Click Here

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