Alaric Trader Brokerage Company
Alaric Trader is a direct access market broker in Bulgaria. The EU-licensed broker-dealer allows traders to trade all the US exchanges and provides the required support and technology.
Traders can trade stocks and options over almost all the US exchanges. Alaric Trader has direct hosting and connectivity into the NASDAQ and NYSE and provides the liquidity and direct market access required by professional traders.
Alaric Trader has been able to meet its vision of unparalleled service through its robust technology. It offers various trading platforms that suit the needs of day traders on a professional level. Sterling LST is the trading platform of Alaric Trader that provides direct market access for day traders. The platform comes with multi-core processing for high speed and efficiency and low latency. Sterling LST is optimized for Level 2 quote messaging and packed with advanced trading strategies, sophisticated tools, data, charts, and alerts.
In addition to Sterling LST, Alaric Trader also offers Sterling Trader Pro and Manager for a full-featured Level 2 direct market access for professional traders. The clients of Alaric Trader can also use REDIPlus, a multi-instrument trading system.
The pricing structure of Alaric Trader is simple and transparent. Traders receive 500,000 shares commission-free trading on opening the account. Henceforth, traders are charged a fixed monthly platform fee along with per share or per contract commission. The commission per share varies between $0.0035 and $0.0010 while the commission per options contract ranges between $0.80 and $0.20, depending on the volumes traded.
Alaric Trader also provides customizable leverage to its clients. Leverage varies from 30:1 intraday and 6:1 overnight for Reg T margin accounts to up to 40:1 intraday and 10:1 overnight for portfolio margin accounts.