ChoiceTrade
Commission-Free Stock Trading With Institutional-Grade Direct Access Tools
Founded
2000
Total Funding
$362K
Employees
1-10
🏢 Company Overview
Headquarters
San Juan, Puerto Rico
CEO
Neville Golvala
Founder
Neville Golvala, Ronald Buckner
Funding Stage
Seed
Total Funding
$362K
Pricing
Freemium
AML Compliant
PCI DSS
Broker License
SIPC insured up to $500,000 ($250,000 cash maximum)
ℹ️ About ChoiceTrade
ChoiceTrade is a SEC-registered online discount brokerage offering commission-free U.S. stock and ETF trades with low-cost options.
⚡ Key Features
Commission-free NYSE and Nasdaq stock trades
DasTrader Pro direct-access desktop execution
ChoiceTrade Elite premium options analytics platform
API-driven brokerage infrastructure for fintech partners
Real-time options buying power calculation engine
Fractional share and multi-leg options trading
💪 Strengths & Weaknesses
4 Pros
3 Cons
💪
Strengths
What it does well
Zero commissions listed stocks
Low $0.40 options contracts
International accounts supported easily
Barron's four-star rated six times
⚠️
Weaknesses
Areas to improve
Limited asset classes available
High non-trading miscellaneous fees
Cumbersome withdrawal process via wire
💬 User Reviews
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🔗 External Resources
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