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CenterPoint Securitiesvs.SpeedTrader

Head-to-head comparison across ratings, fees, asset coverage, and platform breadth.

CenterPoint Securities logo

CenterPoint Securities

4.1 / 5

Best-in-class short-locate inventory for active day traders and short sellers. Now a Clear Street division with ~8,000 ETB names, an in-house HTB desk sourcing 100M+ shares/month, 40+ DMA routes, and no PFOF. $30K minimum; not for beginners or buy-and-hold.

Last reviewed May 13, 2026Data may be outdated — verify rates before acting
SpeedTrader logo

SpeedTrader

3.7 / 5

Direct-access broker built for active day traders who need DAS Trader Pro, ECN order routing, integrated short locates, and OTC/penny stock access. Strong on short-locate workflow; weak on transparency, mobile, and reputation given multiple FINRA enforcement actions.

Last reviewed May 13, 2026Data may be outdated — verify rates before acting

Sub-rating overlap

Each broker scored 0–5 across the same 8 dimensions.

Detailed comparison

Green cells mark the winner on each metric. Tie rows are uncoloured.

MetricCenterPointSpeedTraderWinner
OverallEditorial score4.10 / 53.70 / 5CenterPoint
Sub-ratingsCommissions & fees4.003.50CenterPoint
Sub-ratingsPlatforms & tools4.504.30CenterPoint
Sub-ratingsMobile app2.002.50SpeedTrader
Sub-ratingsResearch3.002.50CenterPoint
Sub-ratingsEducation2.502.50Tie
Sub-ratingsCustomer service4.304.00CenterPoint
Sub-ratingsRange of investments2.502.80SpeedTrader
Sub-ratingsActive trading5.004.70CenterPoint
PricingLowest margin rate8.00%8.00%Tie
PricingPFOF on equitiesDoes not acceptDoes not acceptTie

Where they differ on asset coverage

Asset classCenterPointSpeedTrader
OTC / Pink SheetsYes
Listed options (single + multi-leg)Yes
Mutual fundsNoLimited
US Treasuries / bondsNoLimited
International stocksLimited
IRAs (limited)Limited
OTC / Pink Sheets / OTCQX / OTCQBYes
Options (equity, ETF, SPX, other indices)Yes
Foreign stocks ("F" tickers)Limited
IRAsNo
Cash accountsNo

CenterPoint strengths

  • Best-in-class short-locate inventory: ~8,000 ETB names + in-house securities-lending desk sourcing 100M+ HTB shares/month from 45+ counterparties
  • Equity-tier locate discounts: 15% ($50K), 20% ($100K), 25% ($250K), 30% ($1M+); $15/day in free locates included
  • No PFOF; transparent route table with rebates up to +$0.0020/share on lit exchanges
  • 40+ routing destinations: direct exchanges, market-maker wheels, dark pools, midpoint, algos (TWAP/VWAP suite), short-sale specialized (SAGEAE), OTC-specific (OTCP, OTCX)
  • DAS Trader Pro engine (CenterPoint Pro) with multi-monitor, Level 2 mosaic, fully programmable hotkeys, 60+ technical studies
  • CenterPoint Edge perks bundle: Trade Ideas, Benzinga Pro, TrendSpider, Dilution Tracker, TraderSync (~$6,000/yr value)

SpeedTrader strengths

  • DAS Trader Pro white-labeled as SpeedTrader Pro — full Level 2 montage, 100+ hotkeys, integrated short-locate window, native multi-account support
  • 12 third-party short-locate venues with in-platform "S" icon request workflow on the Level 2 montage
  • Deep OTC / Pink Sheet / OTCQX / OTCQB support with dedicated routing (OTCX Link, SPDRO, ARCAU, OTCB, DKMX)
  • Per-share pricing as low as $0.0009/share above 25M shares/month; per-trade pricing down to $2.49 above 3,000 trades/month
  • No PFOF; ECN rebates and charges passed through transparently; 30+ direct routes
  • 4:1 intraday buying power, 2:1 overnight on Reg-NMS listed stocks