Sage-Tips

Why did SureTrader shut down?

Quiet Exit SureTrader quietly shut down its business in November 2019, informing clients they could either transfer securities to F1Trade or liquidate their positions and withdraw funds. The reason SureTrader gave for its demise was a change in the terms with its clearing broker.

Is SureTrader regulated?

SureTrader.com is listed with and regulated by the Securities Commission of The Bahamas.

Can a broker lose money?

If a trader makes a loss, the broker profits. If a trader makes a profit, the broker loses.

Can US citizens trade with SureTrader?

With SureTrader, both U.S. shares and U.S. options can be traded.

Is TradeZero regulated?

TradeZero is a licensed broker dealer based in Nassau, Bahamas. TradeZero is listed and regulated with the Securities Commission of the Bahamas. To check our active registration, please click here.

Is TradeZero really free?

TradeZero offers the lowest cost in the industry. We provide 100\% Free non-marketable limit orders to all of our accounts. Open an account with TradeZero today and start saving on commissions. All limit orders sent that are not instantly executable are free of charge.

What is SureTrader and how does it work?

In a nutshell, SureTrader is an online broker that allows people to trade financial assets from the comfort of their own home. The platform are based in the Bahamas and thus, are not restrained by the same level of regulatory burdens as brokers based in the U.S.

Why are offshore brokerages like SureTrader so popular?

With the rising popularity of day trading, there are more and more traders on the lookout for brokers … and everyone wants a value. The idea of a broker that’s cheap and allows you to avoid the PDT can be tempting, hence the popularity of offshore brokerages like SureTrader.

Is SureTrader the largest broker-dealer in the Bahamas?

In less than a year, SureTrader was averaging more than 30,000 transactions per day, making it the largest broker-dealer in the Bahamas. By 2013, SureTrader customers were placing roughly 100,000 trades per market day, dwarfing all other brokerage firms on the island.

Is SureTrader the right broker for your Itchy trading fingers?

If you’re hunting for a broker to match your itchy trading fingers, you’re looking at the right review. Suretrader is basically the only broker (if you’re from the US, it is the only broker) that allows you to do more than 3 trades per week with an account below $25,000.