Open an Account

Place Trade
Place Trade
  • Why PT
  • Products & Services
    • Products & Services
    • Investment Types
    • Retirement Planning
    • Overnight Trading
    • Stock Yield Enhancement
    • Pricing - Overview
  • Account Types
  • Support
    • Support
    • How to Reset Password
  • LOGIN
    • Account Management Login
    • Quick Trade - Login
    • Mobile Apps - Download
    • Desktop App - Download
    • Contact Us
  • More
    • Why PT
    • Products & Services
      • Products & Services
      • Investment Types
      • Retirement Planning
      • Overnight Trading
      • Stock Yield Enhancement
      • Pricing - Overview
    • Account Types
    • Support
      • Support
      • How to Reset Password
    • LOGIN
      • Account Management Login
      • Quick Trade - Login
      • Mobile Apps - Download
      • Desktop App - Download
      • Contact Us
  • Why PT
  • Products & Services
    • Products & Services
    • Investment Types
    • Retirement Planning
    • Overnight Trading
    • Stock Yield Enhancement
    • Pricing - Overview
  • Account Types
  • Support
    • Support
    • How to Reset Password
  • LOGIN
    • Account Management Login
    • Quick Trade - Login
    • Mobile Apps - Download
    • Desktop App - Download
    • Contact Us

Commissions - Bonds

Transparent Pricing

Overview - U.S.

Stocks, ETFs, Warrants & Structured Products

Options

Bonds

Mutual Funds


Bonds

Americas

Americas

Americas

  • Canada
  • United States

Learn more

EMEA

Americas

Americas

  • Europe

APAC

Americas

APAC

  • Australia
  • Hong Kong

United States - Corporate & CDs

United States - Municipal Bonds

United States - Treasuries (Bills, Notes, Bonds)

United States - Pricing & Fees Info

View Disclosures

United States - External Fees


  • BondDesk
  • IBKRATS
  • MuniCenter
  • NYSE Bonds
  • VALUBOND


Contact us at 919-719-7200 for an updated list of external fees.


 
FINRA Trading Activity Fee: USD 0.00105 * Quantity Sold (3)


Maximum USD 1.05 per trade.


Corporate and CDs Example:


USD 5,000 Face Value Order:


USD 5,000 Face Value = USD 5.00



USD 20,000 Face Value Order:


USD 20,000 Face Value = (0.01% × 10,000) + (0.025% × 10,000)


= USD 1.00 + USD 2.50


= USD 3.50



Municipal Bonds Example:


USD 5,000 Face Value Order:


USD 5,000 Face Value = USD 2.50



USD 20,000 Face Value Order:


USD 20,000 Face Value = (0.05% × 10,000) + (0.0125% × 10,000)


= USD 5.00 + USD 1.25


= USD 6.25



Treasuries (Bills, Notes, Bonds) Example:


USD 1,000,000 Face Value Order:


USD 1,000,000 Face Value = (0.002% × 1,000,000)


= USD 20.00



USD 2,000,000 Face Value Order:


USD 2,000,000 Face Value = (0.002% × 1,000,000) + (0.0001% × 1,000,000)


= USD 20.00 + USD 1.00


= USD 21.00


Canada - Pricing

Pricing & Fees Info

Please call us at 919-719-7200 for more information.

  

  1. 1 basis point=$0.0001
  2. Commissions are tiered. For example, for US corporate and muni bonds, the first 10K in face value is charged @ 0.1% and any remaining principal over 10K is charged at 0.025%.
  3. Maximum USD 1.05 per trade.

  • Value tiers are applied based on monthly cumulative trade volume summed across all stock, warrants and ETF shares. This is calculated once daily, not at the time of the trade. As such, execution reductions will start the next trading day after the threshold has been exceeded. Only shares that are traded while under the Cost Plus pricing structure will count towards the monthly volume. Share volumes for advisor, institution, and broker accounts are summed across all accounts for the purpose of determining volume breaks. These fees are applied on a marginal basis for a given calendar month.
  • VAT, also referred to as consumption tax, goods and services tax, where applicable, will be separately applied for eligible services. For certain tax jurisdictions, e.g. GST in Singapore, the commissions and fees that we charge you may be subject to GST even for services provided and consumed outside of Singapore. PT does not give tax advice, please consult a tax professional.
  • PT's Tiered (i.e., commission plus external venue fees/rebates) commission models are not intended to be a direct pass-through of exchange and third-party fees and rebates. Costs passed on to clients in PT’s Tiered commission schedule may be greater than the costs paid by PT to the relevant exchange, regulator, clearinghouse or third party. For example, PT may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by PT may be less than the rebates PT receives from the relevant market. For example, PT may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. In certain circumstances, PT may receive discounts with respect to third party fees, including exchange and/or clearing fees, that may not pass-through to clients.
  • Modified orders will be treated as the cancellation and replacement of an existing order with a new order. On certain exchanges, this may have the effect of subjecting modified orders to commission minimums as if they were new orders. For example, if an order for bonds with USD 20,000 Face Value is submitted and 10,000 face value executes, then you modify the order and another 10,000 face value executes, a commission minimum where applicable would be applied to both 10,000 face value executions. Orders that persist overnight will be considered a new order for the purposes of determining order minimums.
  • PT may change these rates at any time in its sole discretion. Commission rates may also vary by program or arrangement. Restrictions apply. The published rates are for self-directed clients of PT. Clients introduced through another broker or managed by an advisor may pay additional commissions set by their introducing broker or advisor. Clients should contact their introducing broker or advisor about the rates that will apply to their account.


* Lower investment costs will increase your overall return on investment, but lower costs do not guarantee that your investment will be profitable.


Transparent Pricing | No Added Spreads | No Ticket Charges | No Platform Fees | No Account Minimums

Open an Account Today

Looking for more?

Explore Our Services
View Investment Types
Trading Tools & Platforms
Retirement Planning

Follow Us

FINRA BrokerCheck Logo Links to http://brokercheck.finra.org/

Important Information

All investing involves risk, including the possible loss of principal, and there can be no assurance that any investment strategy will be successful. 



Brokerage products are NOT FDIC insured or bank guaranteed and may lose value. Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.


PLACE TRADE®, PTSM, PTFSM, PlaceTrade.com™, Place TraderSM, Place Trader WorkstationSM, The Smart Place to Trade™, The Smart Place for your IRA™, The Smart Place for your 401(k)™, The Smart Place to Trade Options™  Financial Quarterback™, Jonesitus™ and The Bond Queen™ are service marks and/or trademarks of Place Trade Financial, Inc.


Please note that while Place Trade strives to offer extremely low overall trading costs, we would like to remind investors that there will be trading costs associated with investing, trading and holding a brokerage account. Brokerage commissions and exchange fees along with potential other account fees, fund expenses and service fees may apply. Expenses related to your investment account may vary depending on the type of investments that you choose to hold, type of account, level of activity, account balance, tax withholding or other possible factors. Please consider your overall trading costs prior to investing.   


The information on this website is for discussion and information purposes only. Nothing contained herein should be considered as an offer to buy or sell any security, securities product or service, nor should be considered as investment, legal or tax advice. Place Trade Financial is a registered broker dealer (Member FINRA/SIPC) however it is not registered in all states or jurisdictions. Place Trade does not solicit securities, products or services in any jurisdiction where it is not authorized to do so. Please contact Place Trade Financial at 1-800-50-PLACE (1-800-507-5223) or 1-919-719-7200 for further information. Systems response and access times may vary due to market conditions, system performance as well as other factors. All accounts are accepted at the discretion of Place Trade Financial.


Place Trade Financial, Inc. does not provide investment advice to online trading clients/accounts, online institutional accounts or any other individual or account that is not specifically set up as a full service client and on a full service commission and fee schedule. Place Trade Financial, Inc. will only provide investment advice to full service clients that are specifically set up for full service trading and advice. (Full Service clients work with experienced financial consultants and pay full service commissions and fees which are different than online trading commissions and fees.) To take advantage of both our Online Trading and Full Service flexible client benefits please call 1-919-719-7200 today! Documentation for any claims and/or statistical information will be provided upon request. Any trading symbols displayed are for illustrative purposes only and are not intended to portray recommendations.


The risk of loss in trading stocks, bonds, mutual funds, options, and other securities can be substantial. Options are not suitable for all investors. For more information please read the "Characteristics and Risks of Standardized Options" guide prior to trading options along with the relevant risk disclosure statements on our website. 


Trading on margin is only for sophisticated investors with high risk tolerance. You may lose more than your initial investment. (The amount you may lose may be greater than the amount that you started with or more simply put; you can lose more than the amount that you actually put into an investment when trading on margin.) Please follow these links for additional information regarding trading on margin and margin loan rates.


IMPORTANT: The projections or other information generated by any investment analysis tools regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results.


Place Trade does not offer futures or forex trading at this time.  


Place Trade Financial, Inc. does not provide tax advice to online trading clients/accounts, online institutional clients/accounts or any other individual or account at any time. Please speak with your own personal tax advisor, CPA or tax attorney prior to making tax related decisions.


Please Note: Any symbols displayed are for illustrative purposes only and do not portray a recommendation. Apple, the Apple logo, iPod, iPod touch, and iTunes are trademarks of Apple Inc., registered in the U.S. and other countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc.


This website includes links to other third party sites. Any links to third party sites, including any site that does not specifically include PlaceTrade.com in both the URL/domain name title, frame source code and ICANN's WHOIS database, are not owned or controlled by Place Trade Financial, Inc. Place Trade cannot be responsible for the content, policies, procedures, media, source code, systems, security, certificates, instrumentalities, patents, trademarks, copyrights, original art, algorithms, configuration or any other function, form or facet of websites that it does not own or control including any other sites that may be referred or linked either to or from such sites, whether specifically stated, used or implied in any way. For information regarding other websites, please contact those websites or companies directly.


31 countries include both countries and territories.


(6) Credit Interest Rates: Restrictions apply. See additional information on interest rates. Credit interest rate as of January 16, 2025.


(6) Margin Interest Rates: Restrictions apply. Annual Percentage Rate (APR) on USD margin loan balances for PT Pro as of January 16, 2025. Place Trade calculates the interest charged on margin loans using the applicable rates for each interest rate tier listed on its website. Learn more about margin loan rates.

 

Learn More

Please contact us at (919) 719-7200 for additional information or to obtain a copy of our latest disclosures. While we have provided a link for more information below, we recommend reaching out to us directly to ensure that you have the most up-to-date information before making any investment decisions.

Find out more
  • Products & Services
  • Investment Types
  • Stock Yield Enhancement
  • Articles and Information
  • Accessibility Policy
  • Account Protection
  • Anti-Fraud Notice
  • BCP Disclosure
  • Good Faith Violations
  • Market Volatility & Risks
  • Margin Disclosure
  • Order Routing Practices
  • Privacy Policy
  • Modern Slavery
  • Reg BI & Form-CRS
  • Risk Warning Disclosures
  • Bond Trading - Risks
  • US Market Trading Hours
  • Stock Trading - Risks
  • FINRA Broker Check
  • Support
  • How to Reset Password
  • CIP Notice

 

Place Trade Financial, Inc.

Is a member  FINRA - SIPC and regulated by the US Securities and Exchange Commission

as well as the Commodity Futures Trading Commission.



Copyright © 2001-2025 Place Trade Financial, Inc. -  Member FINRA, SIPC -  All Rights Reserved.




     Home | Support

This website uses cookies.

We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.

Accept