At any time it is possible to upgrade to the Full Services pack. We recommend the upgrade. The Full Services pack offers full intraday and overnight leverage, a very low margin interest rate, direct access support, free real-time market quotes (even if you never execute an order) and a permanent demo account.
* Clients who do not execute at least 1 order during the month will be charged $ 9,99. Not applicable to clients, who have upgraded to the Full Services Pack.
By using leverage clients can invest more than their account balance. You decide whether to use leverage or not.
The Free Services Pack includes overflow leverage. Overflow margin allows clients to go a little over their account balance.
The Full Services Pack includes 4 to 1 intraday leverage on intraday positions and 2 to 1 overnight leverage on overnight positions.
There is no limit on the number of day trades.
Your order is always executed at the best market price available from multiple exchanges. Clients pay the lowest price when buying. Clients get the highest price when selling.
Why? We execute all orders based on the SEC NBBO rule.
The National Best Bid and Offer (NBBO) is a Securities Exchange Commission (SEC) regulation requiring brokers to trade at the best available (lowest) ask price and the best available (highest) 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 a key difference compared to most other commission-free brokers. More...
This is part of the complete broker comparison table
FREESTOXX | DEGIRO | Trade Republic | Interactive Brokers | |
Short selling |
Yes |
Yes |
– |
Yes |
Overflow margin | Yes | Yes | – | – |
Leverage (intraday) |
4 to 1 |
– | – | 3 to 1 |
Leverage (overnight) | 2 to 1 | – | – | 2 to 1 |
Real-time market quotes | Yes | Yes | No* |
Paying |
Negative interest charge |
No | No |
No |
No |
Minimum order size | No | No |
No |
No |
* Brokers based on market makers provide free quotes that come from their market maker and not from the market itself. These quotes give an incomplete picture of the market. Clients execute at the prices provided by the market maker. The market maker adds a profit margin to the market price. These are the additional costs when you trade Apple, Tesla, Netflix, Amazon, etc.