We believe this to be the absolute best offer available in the marketplace for the active trader when taking into consideration commissions, execution, platform and customer service. This is the only subscription available at this time from Tradier that allows for a free platform and commission free trades. The current TradeHawk offer is $159 per month for unlimited commission free trades (https://mytradehawk.com/pricing/). Here are the details of the PureVolatility offer:
Unlimited stock and option trading:
0-3,000 contracts per month = $119 TradeHawk Fee
3,000+ contracts per month = $0 Tradehawk Fee
THOSE CURRENTLY SUBSCRIBED TO THE SO/TH PLAN FOR $109 CAN CONVERT TO THIS PLAN FOR $109 WHEN UNDER 3,000 CONTRACTS VIA TRADIER’s GRANDFATHER OFFER.
For additional accounts, Tradier will give subscribers $0 commission trading for $45/month. This fee will be refunded with 2,000 contracts traded. This can be in the account independently or 5,000 contracts across the two separate accounts.
$10,000 minimum balance required.
There is no separate SO/CA/Tradier fee.
Subscription excludes other fees such as options exercise and assignments. Tradier Brokerage passes along all exchange and regulatory fees (approximately .09 per contract).
If you are unfamiliar with TradeHawk, best to set up a free Paper-Trading account (no Tradier account required at this step) and schedule a platform tour with Lex. PLEASE USE PROMO CODE TLT ELEPHANT:
https://mytradehawk.com/
Considering the TLT Elephant will do between 1,000 and 1,500 contracts per month alone on a $10,000 account, not including any other trades being made, hitting the 3,000 contract minimum will not be difficult. Also, consider how many SO calendar trades are avoided because they are low cost and too commission intensive. No longer an issue.
There will be no charge for TradeHawk in February of 2019 to allow for subscribers to complete the account opening and funding process without being penalized. Those that already have a subscription with Tradier, but would like to switch to this offer simply need to email Tradier at service@tradierbrokerage.com (the February fee waiver will not apply to existing Tradier client's as there is no account setup to be done).
In order to take advantage of the offer one must hold an active PureVolatility subscription (either individually or through the SO Bundle) and the following link must be used along with the subscription/promo code TLT Elephant:
https://brokerage.tradier.com/signup/getting-started?platform=78
BILLING PROCESS:
In the beginning of the month Tradier will bill the account $119. In the beginning of the following month the account will be reviewed to determine if the 3,000 contract threshold was met. If so, the account will be credited the $119. For those interested in having their contract totals tabulated occasionally throughout the month, Tradier will provide this service complimentary to CA subscribers. Simply email service@tradierbrokerage.com with your request.