SureTrader is a big fish in a huge pond, and one of the greatest online stock brokers in the game. Looking for the best and most well-known brokerage services for trading US stocks outside of the US? Or do you require the assistance of a broker to assist you in avoiding certain regulations? Perhaps you’re a novice trader trying to get your stock trading career off to a good start, and you’re looking for the best online broker with robust trading tools and solutions?
SureTrader, a part of Swiss America’s Securities, Ltd, was founded in 2008 and became fully active in 2011. In less than a year, the company had grown in popularity, averaging 30,000 transactions each month as of May 2012. The company now has over 20,000 customers, does 12,000 trades every day, and employs more than 60 licensed and skilled personnel.
SureTrader is notably well-known as a low-cost broker that allows traders with less than $25,000 PDT to start trading with as little as $500.
Sure Trader has three platforms/tools available to traders:
- ActiveWeb
- SureTrader Pro, and
- SureTrader Mobile App
ActiveWeb
SureTrader’s ActiveWeb is a web-based platform that is fully free to use, with no monthly fees or hidden costs. It’s also quite simple to use, navigate, and comprehend. This is Sure Trader’s most basic platform, and it provides customers with all of the tools they need to get started trading, such as watchlists, level 1 quotations, basic order entry and intraday charting, time and sales, profit and loss display, and so on.
On its ActiveWeb trading platform, ST charges as little as a penny per minimum share of $4.95.
SureTrader Pro
SureTrader’s powerful and premium trading platform. Users that pay $49 per month gain access to more complex (read: not beginner-friendly) and advanced trading tools, as well as additional functions and customization possibilities. SureTrader Pro allows customers to customize languages because it supports a variety of languages including English, Russian, and Chinese.
This Pro platform uses cutting-edge direct-access software (DAS) to allow users to scan the stock market, trade more quickly with point-and-click, and get real-time stock news. SureTrader Pro was built with the average professional day trader in mind (and polished). Level 2 market depth, hotkey order execution, window linking and customisation, customizable shortcuts, time and sales, profit and loss display, quotation list, orders trades, and other features are included in the Pro platform.
SureTrader Mobile App
SureTrader is a mobile app that is more of a useful utility for traders who are frequently on the move but still want to keep track of their transactions and receive quotes. You may also make orders/trades and check your account status while on the bus, train, airline, or anywhere else with SureTrader’s app! As long as you have a stable internet connection on your mobile device.
The Mobile App is completely free to use if you are a subscriber to SureTrader’s Pro platform. There are no monthly or hidden fees. However, using SureTrader’s app in conjunction with ActiveWeb will incur a monthly fee of $35 USD. Sure Trader’s Mobile app is currently only available for iOS devices (iPhones and iPads) and can be downloaded from the Apple App Store. It’s exactly as quick, responsive, and secure as the Pro or Desktop versions.
Commission and Rates
Sure, many other brokers’ trading rates and commissions are quite competitive, but SureTrader boasts one of the lowest commission rates. It’s also worth noting that SureTrader doesn’t charge any routing fees. Rates on SureTrader are ranked by volume, and the more you trade per month, the lower your commissions get.