CenterPoint Securities review

Updated September 28, 2026 · BrokerCue Editorial Team · Facts checked September 26, 2026

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Our verdict

CenterPoint Securities is a US broker aimed at experienced traders and day traders who want low-cost self-directed dealing in US stocks, ETFs and options. Stock trades cost $0.001 and options contracts $0.20, and FINRA regulation sits alongside SIPC up to USD 500,000 for account holders.

Key facts

Best for
Low per-trade costs on US stocks and options for experienced traders.
Stock trade fee
$0.0010 (Source, checked September 26, 2026)
Markets
Stocks, ETFs, Options (Source, checked September 26, 2026)
Regulators
FINRA (Source, checked September 26, 2026)
Investor protection
SIPC up to USD 500,000 (Source, checked September 26, 2026)
Options contract fee
$0.20 (Source, checked September 26, 2026)
Platforms
CenterPoint Pro, CenterPoint Web, Mobile App (Source, checked September 26, 2026)
Legal entity
Clear Street LLC (Source, checked September 26, 2026)
Support channels
Email, Phone, Help-centre (Source, checked September 26, 2026)
Features
Mobile app, Options
Audience
Experienced traders, Day traders
Official website
centerpointsecurities.com

Apps and profiles

Elsewhere
X

Pros and cons

Pros

  • Stock trades cost $0.001, so frequent dealing stays cheap.
  • Options contracts cost $0.20, which keeps a derivatives book affordable.
  • Platforms include CenterPoint Pro, CenterPoint Web and Mobile App, so the same account works on desktop, web and mobile.
  • Support runs on email, phone and help centre, including phone and a help centre.

Cons

  • Markets are stocks, etfs and options, narrower than CFI at stocks, etfs and forex and Vantage at forex, cfds and stocks.
  • eToro charges $0 on a stock trade, so equities cost more here than at that rival.
  • The regulator list names FINRA only, with no UK or EU scheme alongside it.
CenterPoint Securities

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Scored 9.0 / 10 by BrokerCue.

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Who it suits

  • Experienced traders and day traders, the stated audience being experienced and day traders.
  • People placing frequent stock and options orders who want a low $0.001 charge each time.
  • US investors who want a FINRA regulated account with SIPC up to USD 500,000.

Who should look elsewhere

  • Not for first-time investors, since it is aimed at experienced and day traders. CFI covers stocks, etfs and forex for a wider asset mix.
  • Not for traders wanting forex, CFDs or crypto in one account: Vantage covers forex, cfds and stocks and CFI covers stocks, etfs and forex.
  • Not for anyone after the cheapest stock trade: eToro charges $0 against $0.001 here.

Safety and regulation

CenterPoint Securities is regulated by FINRA, and its US licence is recorded as 288933. Investor protection stands at SIPC up to USD 500,000, a US scheme, so a UK or EU resident is not covered by a local protection arrangement and the regulator list names FINRA only.

What trading costs

Stock trades are charged at $0.001 and an options contract costs $0.20. Both sit on the same market list of stocks, ETFs and options, so the cost of a trade is the number to budget rather than a percentage of what you hold. The fee load builds up mainly for accounts that trade often.

How CenterPoint Securities compares

Where CenterPoint Securities is available

Available
United States
Licence in United States
FINRA (288933), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What does it cost to buy a stock?+

Stock trades are charged at $0.001, and the published list shows an options contract at $0.20. Both are flat charges on the trade itself, so the bill grows with how much you trade rather than with the size of the account. Regular small orders are where the structure pays off.

What is the options contract fee?+

An options contract costs $0.20, a separate line from the $0.001 charged on stock trades. Options sit on the market list beside stocks and ETFs, so an equity holding and a hedge can live in one account. Weigh the contract fee against how often you expect to trade.

Who regulates CenterPoint Securities?+

The broker is regulated by FINRA and the US licence number on record is 288933. That is a single US regulator, so anyone trading from the UK or Europe should check whether their own rules accept a US account before depositing.

What protection is there for the money in the account?+

Investor protection is SIPC up to USD 500,000, provided through the US scheme named there. Because the broker sits under FINRA only, the protection on offer is the US one, with nothing local to UK or EU residents layered on top of it.

Which platforms and apps can I use?+

Platforms listed are CenterPoint Pro, CenterPoint Web and Mobile App, so the same account runs on desktop, in a browser and on a phone. A mobile app also appears in mobile app and options alongside options trading, which suits day traders who trade away from a desk. That gives you room to work from either screen.

What markets can I trade?+

The market list is stocks, etfs and options, so the choice is between individual shares, ETFs and options contracts. That is narrower than the lists some rivals carry, which matters if you want several asset classes in one place. For a US equity and options book it covers the basics.

Who is this broker aimed at?+

The stated audience is experienced and day traders, so the service is built around traders who already know what they are doing. Help runs on email, phone and help centre, giving you phone, email and a help centre rather than a coaching service for first-timers. Beginners should pick a platform with a wider educational base.

Sources

Compiled from 5 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Minimum deposit, Account fee, Inactivity fee, Retail accounts that lose money.

CenterPoint Securities

CenterPoint Securities

Low per-trade costs on US stocks and options for experienced traders.

9.0/10See alternatives

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