OptionsRoute Division of
TradePro Securities, Inc.
Client Relationship Summary
April 01, 2024
TradePro Securities Inc. is registered with the Securities and Exchange Commission (“SEC”) as a broker-dealer. Brokerage and investment advisory services and fees differ, and it is important for you to understand the differences. This Client Relationship Summary provides details about our brokerage services, fees, and other important information.
Free and simple tools are available for investors to research firms and financial professionals at https://brokercheck.finra.org/
What investment services and advice can you provide me?
TradePro does not offer traditional brokerage services such as research, trade desk support, or registered sales individuals. We only support self-directed trading accounts and specialize in providing routing and execution services to retail and institutional clients. Routing and execution services are used by clients to efficiently execute their order-flow based on cost and destination. If you are looking for investment advice, client servicing, or research, TradePro is not the right firm for you.
Advisory firms specialize in helping clients determine their investment objectives, establish an investment plan, and recommend a portfolio. Clients should carefully consider their needs and goals and may want to consider investment advisors or certified financial planners when establishing goals and portfolio selection.
The Firm’s traditional clients are high net worth and experienced investors, funds, and other broker-dealers. Our clients maintain portfolios comprising of equity and option positions and range from day traders to long-term investors. The Firm does not provide recommendations or solicit transactions, all clients maintain self-directed trading accounts.
• The Firm does not permit discretionary accounts, and all clients make the ultimate decisions regarding the purchase or sale of any security.
• The Firm offers no proprietary investment products.
• The Firm does not offer sales incentives or promotions.
For additional information, please contact TradePro at support@tradeprosecurities.com
Conversation Starters –
Ask your financial professional these questions to learn more:
■ Given my financial situation, should I choose a brokerage service? Why or why not?
■ How will you choose investments to recommend to me?
■ What is your relevant experience, including your licenses, education, and other qualifications?
■ What do these qualifications mean?
What fees will I pay?
The Firm does not manage money or accept client funds. Our trading commissions range from zero for self-directed electronic equity trading, to 2%. Commissions are charged at the time of the executed trade. Fees on investment banking and corporate service activities are determined on a case-by-case basis and are directly negotiated with the client. The Firm believes that all investors should have the opportunity to save and invest. Therefore, the Firm requires no account opening charges, no monthly minimum, and low-cost trading.
You may pay fees and costs whether you make or lose money on your investments. Fees and costs will reduce the amount of money you make on your investments over time. Please make sure you understand what fees and costs you are paying.
Conversation Starters –
■ Help me understand how these fees and costs might affect my investments. If I give you $10,000 to invest, how much will go to fees and costs, and how much will be invested for me?
What are your legal obligations to me when providing recommendations? How else does your firm make money and what conflicts of interest do you have?
We do not solicit trades or provide recommendations; we simply assist our clients with routing and execution services. The Firm policy of no solicitation, no proprietary investment products, no sales incentives or promotions eliminates potential conflicts of interest and ensures that a client’s best interests come first. All clients maintain self-directed trading accounts
The way we make money may create some conflicts with your interests. You should understand and ask us about these conflicts because they can affect the services we provide you. For example, the Firm may receive payment for order flow or other compensation, those payments could be perceived as a conflict of interest.
Payments and compensation arrangements to the Firm often reduce or eliminate additional pass-thru execution charges to our clients. Any reductions in fees or costs will benefit the client’s long-term rate of return. For further information concerning potential conflicts of interest or any concerns about any representative of the Firm, please contact Claudette Gay, director of compliance at 305-446-4800.
Conversation Starters –
How might your conflicts of interest affect me, and how will you address them?
How do your financial professionals make money?
Our Financial professionals are all salaried employees, no commissions, no sales incentives, no conflict. The Firm does not provide client account representatives or investment advisors, the firm only supports self-directed trading. If there are questions or issues with a client account contact: support@tradeprosecurities.com, or call 305-446-4800. Emails and all calls will be answered by FINRA-registered individuals.
Conversation Starters –
■ Who is my primary contact person? Is he or she a representative of an investment adviser or broker-dealer? Who can I talk to if I have concerns about how this person is treating me?
Do you or your financial professionals have a legal or disciplinary history?
Yes. You can visit FINRA Brokercheck www.brokercheck.finra.org for a free and simple search tool to research our firm and financial professionals’ regulatory history.
Conversation Starters –
■ As a financial professional, do you have any disciplinary history? For what type of conduct?
Additional Information
For additional information about TradePro Securities Inc., or to request a copy of this relationship summary please contact the Firm at info@tradeprosecurities.com. You may also call 305-446-4800 to request up-to-date information or a copy of this relationship summary.