Pricing and Regulatory Fees

Trade equities as low as $0.0010 per share with EU-licensed broker-dealer.

Platform & API Access Fees


Rate Per Month



Hammer Risk Manager

free of charge


Rate Per Month

Sterling Trader Pro


Sterling Trader Manager


Sterling Trader Options



Rate Per Month

Sterling LST


Sterling LST Manager


*Sterling LST Manager includes full market data package.

Trading API

Per Month

WebSocket API


Sterling Active X API

Max Open Order Cap

Per Month

Max Open Order Cap of 1,000


Max Open Order Cap of 5,000



Market Data Feeds

Margin Interest

Regulatory Fees

Additional information

New pricing applicable from July 23rd, 2022, can be found here.

  • 1Clients who meet monthly trading volume thresholds qualify for our Active Trader Commission Group and can benefit from deeply discounted commissions. Once your account is set to any Active Trader Commission Group rate, you will be charged that rate on all shares traded going forward.

    For example, if you trade over 1,000,000 shares per month using Sterling Trader and qualify for the $0.0020 per share rate, you will be charged only $0.0020 per share on all shares traded, not just those in excess of 1,000,000 in any given month.

  • 2All rates subject to ongoing review and may be increased if clients fail to meet the trade/share thresholds listed above.
  • 3Call-in trades are an additional $30 per ticket.
  • 4All stock/ETF pricing listed on this page applies to listed equities only.
  • 5Additional $10 per options contract is charged for expired options.
  • 6Regulatory and Exchange fees are pass-through and are subject to changes without prior notice. All routing fees/rebates and regulatory fees are charged separately.
  • 7Commissions apply to all order types. For share prices, less than $1.00, 30 basis points times the total trade value will be charged. For customers who send an extraordinary number of non-marketable limit orders to the NYSE, Nasdaq, Amex, or other exchanges, and who route such orders direct, rather than using Alaric Trader Smart routing, Alaric reserves the right to impose a surcharge in order to defray specialist order handling charges. In this event, Alaric will provide notice to affected customers.
  • 8Deposit and Withdrawal fees: SEPA transfer – 7 EUR plus bank fees; Bank transfer – 50 USD plus bank fees.
  • 9Blue Sheet Fee. When Alaric Securities receives a request to explain client suspicious trading with a specified symbol, the client will be charged $400 per account per symbol.
  • 10All charges are exclusive of value-added tax (VAT). VAT is charged when applicable based on the client’s country of residence.
  • 11More information on Alaric Securities full services and commissions, that apply to them, can be found here.