According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $1
- Investrade Trader (web)
- Investrade Mobile App
- Not specified
- U.S. and International Stocks, Retirement Accounts for U.S. Residents
Our Evaluation of Investrade
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Investrade is a broker with higher-than-average risk and the TU Overall Score of 3.46 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Investrade clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
How we tested Investrade
Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Brief Look at Investrade
Investrade has been operating since 1997 as a division of Regal Securities, Inc., a Chicago-based brokerage firm registered with the SEC and FINRA. It offers access to trading in stocks, ETFs, options, mutual funds, and fixed-income securities. Clients can trade through a web platform and mobile apps and use OptionsPlay and FinChat GPT for market analysis. Investrade also provides margin lending at competitive rates and automated trading through subscription-based strategies. Client accounts are insured by SIPC up to $500,000, including $250,000 for cash, with additional coverage from Lloyd’s of London.
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- Regulated by the SEC and a FINRA member
- Commission-free trading in stocks and ETFs
- User-friendly web and mobile platforms
- Diverse investment products for portfolio diversification
- Investor protection through SIPC and Lloyd’s of London
- Transparent fee and commission structure
- Analytical tools including a stock screener, market data, OptionsPlay, and FinChat GPT
- Annual inactivity fee of $50
- Wire transfer withdrawal fee
- No 24/7 customer support
TU Expert Verdict
Chief Analytics Officer
Investrade offers trading in U.S. and international stocks, ETFs, options, mutual funds, and fixed-income securities through its web and mobile platforms. The broker is regulated by the SEC and is a FINRA member, with client accounts protected by SIPC up to $500,000 and additional coverage from Lloyds of London. Users benefit from commission-free trading in U.S. stocks and ETFs, as well as access to analytical tools such as OptionsPlay and FinChat GPT. Minimum deposits range from $1 for a standard brokerage account to $25,000 for international accounts, and the platform supports standard and conditional order types.
Drawbacks include a $50 annual inactivity fee, a $35 wire transfer withdrawal charge, and the lack of 24/7 customer support. The broker is focused mainly on the U.S. stock market and is available in select countries, which may not suit investors seeking broad global access or round-the-clock support. Investrade may be most suitable for active U.S.-focused investors who prioritize low-cost stock and ETF trading with robust regulatory protection.
Investrade Summary
Your capital is at risk. The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed Income can be substantial.
| 💻 Trading platform: | Investrade Trader (web), Investrade Mobile App |
|---|---|
| 📊 Accounts: | Market, Stop-Loss, Take-Profit, Trailing Stop, Conditional Orders |
| 💰 Account currency: | USD |
| 💵 Deposit / Withdrawal: | ACH, Wire Transfer, Check, ACAT, Stock Deposit / ACH, Wire Transfer, Check |
| 🚀 Minimum deposit: | $1 for standard brokerage accounts; $2,000 for margin accounts; $25,000 for international accounts |
| ⚖️ Leverage: | Not specified |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | Not specified |
| 💱 EUR/USD spread: | Stocks & ETFs (U.S.) – $0International Stocks – $39Options – $1.99 + $0.10/contract |
| 🔧 Instruments: | Stocks, ETFs, Exchange-Traded Options, Bonds, Fixed-Income Securities, Mutual Funds |
| 💹 Margin Call / Stop Out: | Maintenance margin requirement ranges from 30% to 100% |
| 🏛 Liquidity provider: | Not disclosed |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | No |
| 📋 Order execution: | Exchange-based |
| ⭐ Trading features: | U.S. and International Stocks, Retirement Accounts for U.S. Residents |
| 🎁 Contests and bonuses: | Yes |
The platform allows users to place, modify, and cancel orders in real time. Supported order types include standard and conditional orders such as stop-loss, take-profit, and trailing stop. Minimum deposit requirements are as follows: no minimum for standard brokerage accounts, $25,000 for international accounts, and $2,000 for margin accounts. Day traders must maintain a minimum balance of $25,000. Option trading requires between $2,000 and $500,000 depending on the strategy. Bond trades are placed by phone.
Investrade Key Parameters Evaluation
Trading Account Opening
The Investrade online client portal allows broker clients to manage their accounts and investments. To gain access to a user account, complete the following steps:
Start the online account opening process.
Select the account type.
Provide the required information.
Once the completed documents are received, accounts are usually opened within 24–48 hours.
Is Investrade Safe?
Investrade is a division of Regal Securities, Inc., a registered U.S. broker-dealer. The company is a member of the SEC (Securities and Exchange Commission) and FINRA (Financial Industry Regulatory Authority) and participates in the SIPC (Securities Investor Protection Corporation) program. Investrade client accounts are protected by SIPC for up to $500,000, including up to $250,000 for cash.
Advantages
- Adherence to strict regulatory standards and client protection
- Additional insurance coverage through Lloyd’s of London
- Long-standing reputation of parent company Regal Securities, Inc.
Disadvantages
- Available only in select countries
- Focused primarily on the U.S. stock market
- Document verification and account opening can take up to two days
Commissions and Fees
Investrade offers commission-free trading in U.S. stocks and ETFs, options at $1.99 plus $0.10 per contract, and international stocks at $39 per trade. Wire transfer withdrawals cost $35, while deposits via ACH and check are free. Additional fees include a $50 annual inactivity fee, IRA maintenance fees ranging from $15 to $100, $5 for mutual fund trades, and various exchange fees.
| Account type | Spread (minimum value) | Withdrawal commission |
|---|---|---|
| All accounts | $0 (U.S. stocks/ETFs) | Bank-dependent |
Margin lending rates vary by debt level: 8.45% for $50,000–$99,999 and 6.45% for $250,000 and above.
Account Types
To trade with Investrade:
Select an account type and complete the online form.
For margin trading, maintain the required collateral.
Account types:
Deposit and Withdrawal
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Withdrawals are only allowed to accounts with the same name as the account holder; transfers to third-party accounts are not permitted. For international clients, funds can only be withdrawn to the country listed in the account profile.
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Requests received before 10:00 a.m. (CST) are processed on the same business day. Requests submitted after that time are processed the following business day.
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Withdrawals of more than $50,000 require notarization or a signature guarantee.
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New funds deposited via ACH or check cannot be withdrawn for 10 business days after they are credited.
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Fees: Outgoing wire transfer: $35; ACH and check withdrawals: free.
Investment Options
In addition to active investing in U.S. and international securities, Investrade offers options for generating passive income:
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Fixed-income instruments. Investrade provides access to a wide range of government, municipal, and corporate bonds, structured products, and certificates of deposit. Its bond desk helps investors build diversified portfolios focused on steady income and risk reduction.
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Auto Trading. The broker can automatically execute trade signals from third-party newsletters selected by the client. Users can set parameters such as the maximum trade amount or account percentage and adjust them at any time via the online platform. Auto-trade commissions start at $2 per trade.
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Retirement accounts. Investrade offers a variety of retirement plans, including those for entrepreneurs, employees, and families. These accounts provide tax benefits and are tailored to different financial goals, making them ideal for retirement or education savings.
Investrade Partnership Program
Investrade does not currently offer an active referral or affiliate program. The broker previously ran time-limited promotions with rewards such as free stocks, but these have ended.
Customer Support
Any trader (not necessarily a client) can call by phone or send an email and receive a response Monday through Friday from 8:00 a.m. to 8:00 p.m. (EST).
Advantages
- Phone support is available for both U.S. residents and international clients
- Fast response time to questions or issues
Disadvantages
- No online chat support available
- Limited number of contact channels
Support Channels:
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Email;
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Web form;
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Fax;
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In-office visits.
Contacts
| Registration address | 950 Milwaukee Ave., Ste. 102 Glenview, IL 60025, USA |
|---|---|
| Regulation |
SEC, FINRA
Licence number: 8-21765, 7297 |
| Official site | https://www.investrade.com/ |
| Contacts |
1-800-498-7120, 1-847-375-6152
|
Education
Investrade offers a variety of educational materials and tools for traders and investors. The website provides access to webinar archive, video tutorials on how to use the trading platform, and built-in tools that help analyze markets and develop trading strategies. However, the website does not include structured courses for beginners or detailed guides on basic investment topics.
Detailed review of Investrade
Clearing is managed by Hilltop Securities, Inc., which also provides additional Lloyd’s of London insurance covering up to $25 million in securities and $900,000 in cash per client, with a $150 million aggregate limit. Investrade also offers automated trading, advanced analytics, stock research, and daily market updates.
Investrade by the Numbers:
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Parent company Regal Securities, Inc. established in 1977.
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SIPC protection up to $500,000 (including $250,000 for cash).
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Extended insurance: $25 million in securities, $900,000 in cash.
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Options trading requirements: $2,000–$500,000.
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Maintenance margin: 30%–100%.
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$50 annual inactivity fee.
Trading Tools and Services:
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Investrade Trader platform for stocks/options with real-time quotes and alerts.
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OptionsPlay for strategy visualization, risk evaluation, and trade ideas.
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Built-in stock screener with 15 presets and 60+ criteria.
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Customizable price alerts.
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Market data section with company profiles, earnings reports, financials, and charts.
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Morning, midday, and evening market summaries.
Advantages:
Access to options, bonds, mutual funds.
Auto trading via subscription strategies.
Educational resources and webinars.
Strong data protection and client support.
Personalized customer service.
Investrade supports long-term investors by offering margin lending, retirement accounts, and tools designed for traders and investors of all experience levels.
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