TradeZero America's Free Order Routing and Zero Commission Pays Traders to Trade
TradeZero America will now allow investors to select a specific market destination where orders are routed for trade executions. With zero commission on trades for those with minimum account balance of $30,000, investors can essentially get "paid to trade" with the service.
Traders can route orders to ARCA, BATS, EDGA, IEX, or a host of other market centers.
“Many trading platforms allow investors to designate the individual market center where buy and sell orders are routed for execution, but there is typically a commission. At TradeZero, we’re providing this service commission free for our more active traders who maintain higher balances with us. TradeZero America will pass the rebate along to the investor, potentially offsetting per share cost. Essentially, you’re getting paid to trade,” said Dan Pipitone, TradeZero America co-founder.
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