Pricing

Score Priority offers affordable pricing for a range of investment products

Plans

$0 COMMISSION & PREMIUM ROUTES

PER-TRADE PLAN

STERLING TRADER® PRO PLAN

$0 COMMISSION & PREMIUM ROUTES

$0 COMMISSION & PREMIUM ROUTES

PER-TRADE PLAN

STERLING TRADER® PRO PLAN

Overview Laptop

Overview

Commission-free trading only available through the Score Priority trading platform. Free commission trading does not include options, OTCBB or Pink Sheets, or extended hours trading.

Other fees, such as regulatory, service, or other fees, may apply. Please visit our Pricing Page for further information.

All investing incurs risk, including but not limited to loss of principal. Further information may be found on our Disclosures Page.

Enjoy our straightforward pricing

Stocks, ETFs, ADRs

No Commission Route $0.00
Extended Hours $0.003/share
Direct Access Routes $0.005/share, $1 min

 

Options

Single-leg $0.50/contract
Multi-leg $0.50/contract on each leg

Stocks as low as

$2.50

per trade

Options as low as

$0.50

per contract

Enjoy Our Straightforward Pricing

Stocks $2.50
ETFs $2.50
ADRs $2.50
Exchange Listed Stocks Under $1.00 $2.50 + $0.003 per share for entire order
OTC Securities $2.50 + $0.003 per share for entire order*
Options $2.50 + $0.50 per contract
Spreads(per leg) $2.50 + $0.50 per contract
Straddle (per leg) $2.50 + $0.50 per contract
International Stocks $2.50 + $75.00 Foreign Stock Transaction Fee
Mutual Funds $12.50 + Note
Broker-assisted Trades $20.00 Including applicable commission

The maximum commission per order is not to exceed $5.50, with a minimum commission of $2.50. Score Priority passes through ECN and standard Regulatory and Exchange transaction fees.

* Pink Sheets, OTC Bulletin Board (OTC-BB) and Leveraged ETFs / Stocks are NOT margin eligible.

 

score priority overview laptop

Overview

This is our plan for active traders using Sterling Trader® Pro, powered by Lime Execution’s low latency network infrastructure.

Learn More

All applicable fees are billed to the account.

The Platform Fee is charged to access the trading platform.

Platform Platform Fee
Sterling Trader® Pro $200/Month*

*Score Priority receives compensation from Sterling Trader Pro subscriptions.

This is a fee charged if coding directly to the API available through Sterling.

Platform Platform Fee
Sterling Trader® Pro $1000/Month

 

score priority trading fees

Trading & Regulatory Fees

Trading during extended hours is subject to a commission surcharge of $0.003 per share. This fee applies to orders executed on the Electronic Communication Network (ECN). Extended pre-market trading is between 7:05 a.m. – 9:30 a.m., EST. Extended after-hours trading is between 4:00 p.m. – 8:00 p.m. EST.

SEC Section 31 transaction fees are charged by the government to recover the costs of regulating the securities markets. The fee is charged on all security sales, based on the total principal (dollar) amount sold. The current rate is 0.0000051 per dollar of your sale proceeds.

For example, if you sold 100 shares of stock at $25.00 netting total proceeds of $2.500.00 you would be charged $0.02 for the transaction: (2,500 x 0.0000051) = $0.01275 = $0.02 (rounded up to the nearest penny). Effective Feb 25, 2021.

Trading Activity Fee rates are as follows: Each member shall pay to FINRA: (1) $0.000119 per share for each sale of a covered equity security, with a maximum charge of $5.95 per trade; (2) $0.002 per contract for each sale of an option; (3) $0.00008 per contract for each round turn transaction of a security future, provided there is a minimum charge of $0.01 per round turn transaction; In addition, if the execution price for a covered security is less than the Trading Activity Fee rate ($0.000119 for covered equity securities, $0.002 for covered option contracts, or $0.01 for a security future) on a per share, per contract, or round turn transaction basis then no fee will be assessed.

The Options Regulatory Fee (ORF) is a transaction-based fee charged by options exchanges and collected by the Options Clearing Corporation (OCC) to offset the costs of supervising and regulating the options market. This fee varies based on industry volumes and is assessed to buy and sell option orders at a rate of $0.0023 per contract. Effective Aug 4, 2020.

Score Priority charges an additional $0.35 per contract on purchases and sales of certain index products where the exchange charges fees.

Other Fees

We are proud to offer you straightforward pricing without any hidden charges.

ACH Deposit/Withdrawal Free
ACH Returned $50.00

(Returned as uncollectible or for insufficient funds.)

Check Stop Payment $25.00
Overnight Delivery (Weekday) $50.00
Overnight Delivery (Saturday) $50.00
Overnight Delivery (International) $80.00

 

ACAT Incoming Transfer Free
ACAT Outgoing Transfer $80.00

Additional charges will apply for transfers involving non-DTC eligible domestic and foreign securities. See “Foreign Settlement Fee and Physical Settlement Fee” listed below

ACAT Outgoing Partial Transfer $25.00
DWAC Delivery $250.00 + TA Fees
DRS Transfer $60.00
DTC Delivery $25.00 per position
Letter of Authorization Transfer $10.00
Worthless Securities minimum account balance $250.00

The balance is to offset the fees incurred for holding these types of securities, minimum amount required may be greater than $250.00 and will depend on the number of positions held

Fee to remove a worthless security from account $30.00 per security

 

Mandatory Corporate Action Fee $30
W-8Ben Processing Fee $60

 

Records Research $100.00 per hour (1/2 hour minimum)
Transfer On Death Agreement $50.00 One-time setup charge.
Returned Mail $30.00

Quarterly fee charged to accounts with returned mail associated with the address on file. To update your new address, please submit a Change of Address form

Returned Mail Maintenance Fee $30.00
Worthless Security Processing $30.00

 

Dividend Reinvestment (DRIP) Free
Tenders (Voluntary Corporate Actions) $50.00 per item
Mandatory Corporate Actions $30.00 per item

 

Inactivity Fee $15 per quarter
The inactivity fee will be waived under one of the following conditions: – At least 5 trades have been placed per quarter

Or:

– At least $50,000 is maintained in the account

 

IRA Annual Fee $50.00

This fee will be reimbursed if your account has over $10,000 in assets, and at least 40 trades have been placed (options & equities only).

IRA Closing Fee $75.00 Includes outgoing transfer via ACAT.

 

Market Depth Feature $7.99 per month

 

E-Statements Free
E-Confirmations Free
Paper/Duplicate Statements $5.00 per statement.
Paper/Duplicate Confirmations $3.00 per confirmation.

 

Borrow Fee Daily stock loan charges assessed to short trades.

 

Form 1099 Copy Request (Dated within the last 2 years) $5.00
Form 1099 Copy Request (prior last 2 years) $10.00

 

Foreign Settlement Fee (ADRs exempt) At cost.

This fee varies based on the number of counterparties involved. The fee applies to transactions and account transfers involving foreign securities that are not registered in the U.S. and not DTC eligible

Physical Settlement Fee Physical Settlement Fee At cost per certificate.

Applies to transactions and account transfers involving domestic securities that are not DTC eligible. Fee may also apply to transactions involving securities with a DTC “chill” restriction.)

Regulation T Extension $25.00 per request, plus margin interest
NSCC Illiquid Margin Charge Click here for explanation of fee

 

ECN Fee $0.003 per share
Option Exercise/Assignment $20.00 per exercise/assignment
Sell-Out/Buy-In Notices $25.00
SEC Fee $0.0000231 per dollar (sells only)
TAF (Trading Activity Fee) – Equity $0.000119 per share (equity sells)
TAF (Trading Activity Fee) – Options $0.002 per contract (option sells)
ORF (Options Regulatory Fee) $0.0407 per contract (buys and sells)
Index Fee $0.35 per contract
Foreign Stock Transaction Fee $75.00 per trade

 

Wire – Outgoing – Domestic $35.00
Wire – Outgoing – Foreign $80.00
Wire Return Fee $25.00

We do not accept third party wires. Incoming third party wires will be returned and the Wire Return Fee will be charged to the account.

 

Margin Rates

Enjoy some of the lowest margin rates in the industry. Trading on margin is not appropriate for every investor.

Please see our Margin Disclosure Statement for information on risks.

Debit Balance Score Priority TD Ameritrade Schwab Etrade
$0.01 – $9,999 7.25% 9.50% 8.33% 8.95%
$10,000 – $24,999.99 6.25% 9.25% 8.33% 8.70%
$25,000 – $49,999.99 5.75% 9.00% 7.83% 8.45%
$50,000 – $99,999.99 5.50% 8.00% 6.88% 7.95%
$100,000 – $249,999.99 5.25% 7.75% 6.83% 7.45%
$250,000 – $499,999.99 5.00% 7.50% 6.58% 6.95%
$500,000 – $999,999.99 5.00% 7.50% 6.58% 6.45%
$1,000,000 or more Contact us for rate 7.50% 6.58% 5.45%

The base rate is subject to changes in the broker call rate, industry conditions relating to the extension of margin credit and the general credit markets. Competitor information sourced from their respective websites as of January 1, 2021.

Margin Requirements

Trading on margin is not appropriate for every investor. Please see our Margin Disclosure Statement for information on risks.

Long Stock

Price Initial Requirement Maintenance Requirement
$3.00 or less 100% 100%
$3.01 – $5.00 50% Greater of $2.00 per share or 50%
$5.01 or more 50% 30%

Special Margin Requirements for Concentrated Accounts

If one long, equity position accounts for more than 50% of the total margin account’s value, then the maintenance requirement for that equity security will be adjusted to no less than 50%.

Please note that Score Priority reserves the right to set a higher concentration requirement on certain stocks if it deems it too volatile. Additionally, stocks priced below $5.01 has a requirement of no less than 50%.

Short Stock

Price Initial Requirement Maintenance Requirement
$3.00 – $5.00 $2.50 per share. Cannot open short positions for stock priced below $3.00 Greater of $2.50 or 100%
$5.01 or more The greater of $5.00 or 50% The greater of $5.00 or 40%

Options

Option Order Initial Requirement Maintenance Requirement
Short Calls Option premium (Whichever is greater):

35% of the underlying market price minus out-of-the-money

OR

10% of the underlying market price

Short Puts Option premium (Whichever is greater):

35% of the underlying market price minus out-of-the-money

OR

10% of the strike price

Credit Spreads* Difference between Strike Prices Option Premium x Number of Contracts
Debit Spreads* Net debit paid multiplied by the number of contracts
Short Straddles Short Call or Short Put requirement (whichever is greater) Number of Contracts Premium received before the other leg

*The margin requirement for Short Calls and Puts will apply in those cases when the Short Leg expires AFTER the Long Leg.

Minimum Equity Requirements for Options

Short Calls Short Puts Spreads Credit Straddles
$100,000 $25,000 $5,000 (when Short Leg expires AT or BEFORE Long Leg expires)

$25,000 for Put Spreads (when Short Leg expires AFTER Long Leg expires)

$100,000 for Call Spreads (when Short Leg expires AFTER Long Leg expires)

$100,000

Note:

  • Pink Sheets, OTC Bulletin Board (OTC-BB) and Leveraged ETFs / Stocks are NOT margin eligible.
  • For a list of Score Priority’s non-marginable securities, email us at info@scorepriority.com.
  • Margin Calls & Flags Guidelines
  • Maintenance requirements may be set higher for certain stocks if considered necessary by our clearing firm.