Smart Routed Orders for a Low Flat Rate
- $4.95 per trade for stocks & ETF's
- 65 cents per options contract plus $2.95 per trade
The TC2000 Platform places all trade orders through IB SmartRouting. It continuously evaluates fast changing market conditions and dynamically re-routes all or parts of your order seeking to achieve optimal execution. IB SmartRouting represents each leg of a spread order independently and submits each leg at the best possible venue.
Competitive Margin Rates
We use a blended rate based on the size of your balance. To calculate the blended rate, the first $100,000 is charged at the tier I rate, the next $900,000 at the tier II rate, etc. TC2000 Brokerage accrues interest on a daily basis and posts the actual interest monthly on the 3rd business day of the following month. The tiers which interest is based upon may change from time-to-time without prior notification to customers. Such adjustments are done periodically to adjust for changes in currency rates.
| Tier | Balance | Interest Rate |
| Tier I | $0 to $100,000 | 7.33% |
| Tier II | $100,000.01 to $1,000,000 | 6.83% |
| Tier III | $1,000,000.01 to $50,000,000 | 6.58% |
| Tier IV | $50,000,000.01 to $200,000,000 | 6.33% |
| Tier V | $200,000,000+ | 6.33% |
Margin rates as of 3/27/2023
4-1 Intraday Margin Ratio
A Reg. T account holding $10,000 in cash may purchase and hold on an intra-day basis $40,000 in securities given the default intra-day maintenance margin requirement of 25%, which translates to a buying power of 4:1. Some equities have higher margin requirements or are not marginable at all.
2-1 Overnight Margin Ratio
A Reg. T account holding $10,000 in cash may purchase and hold overnight $20,000 in securities as Reg. T imposes an initial margin requirement of 50%, which translates to a buying power of 2:1. Some equities have higher margin requirements or are not marginable at all. Margin accounts must maintain a minimum balance of $2000New Account Requirements
New individual accounts usually take 1-3 days to approve (Corporate and Trust accounts may take longer). Once approved, the account must be funded within 60 days, otherwise the account will be closed. A cell phone with texting capabilities is required for security purposes. TC2000 Brokerage can only accept applicants who reside in the United States or reside in a place subject to the jurisdiction of the United States.
Start your new account application today.We will be happy to walk you through the application. Call 1-800-776-4940 and press 2 for new account help.