Success TraderA division of Regal Securities, Inc.

Products

Direct-market-access execution on listed and OTC equities and ETFs, with 20+ routes and locates open at 4:00 AM EST.

Rates starting at

$0.0000
per share

0–5M shares per month

Trade equity and index options with direct routing and multi-leg orders, backed by our specialists.

Rates starting at

$0.00
per contract

Plus $2.99 per trade ticket

Options involve risk and are not suitable for all investors. Prior to trading options, you must be approved for options trading and read the Characteristics and Risks of Standardized Options (OCC).

Hold and trade fixed-income positions in the same account; pricing and availability vary by issue. Ask our specialists.

Keep mutual fund holdings alongside your active trading positions in a single brokerage account.

Earn income while maintaining full ownership of your long equity positions.

The Fully Paid Lending Program provides you an opportunity to earn extra income by lending certain securities you already own within your portfolio. We do all the work for you. There are no fees associated with the program.

Eligibility & terms

  • Available to Cash, IRA, and Margin accounts
  • Minimum $50,000 in total account value to apply
  • Securities must be fully paid-for or excess-margin securities
  • Hilltop Securities, our clearing firm, borrows eligible equities based on lending-market demand
  • Income shared 50/50 with the client; payments reflect monthly
  • No long-term commitment; terminate at any time in writing

Important considerations

  • Voting rights are forgone on loaned positions while on loan
  • Dividend payments on loaned shares are paid as cash in lieu (potential tax differences; consult tax advisor)
  • Loaned shares are not covered under SIPC; Hilltop Securities posts cash collateral at 102% of market value, marked daily

Here is a 2-minute video simplifying how Fully Paid Lending works:

Loans are subject to securities-lending market availability. Talk to our team to enroll or learn more.

Apply →Contact our team →

Disclaimer: The information herein is intended to provide an overview of the FPL Program. Individuals seeking to enroll in the FPL Program must carefully review all documents provided at enrollment including, but not limited to, the Master Securities Lending Agreement and the Risk Disclosures Statement for the Fully Paid Lending Program, which contain important additional information and disclosures regarding the FPL Program. Success Trader does not give tax or legal advice.

Open an account to trade stocks, ETFs, options, fixed income, and mutual funds with direct-market-access execution.

ApplyLive Chat