How does the monthly free trade work?

Modified on Wed, 17 Jun at 10:18 AM

With the Moneybase free plan, you get two commission-free US stock trades every calendar month.


You can use these free trades on online US stock trades available on Moneybase, as long as the value of each free trade is $2,000 or less.


This means you can benefit from free trades on eligible trades up to a combined maximum trade value of $4,000 per calendar month.


A few things to keep in mind:

  • The free trade quota applies per calendar month.
  • You get up to two free US stock trades per month.
  • Each free trade must be $2,000 or less.
  • It applies only to retail accounts.
  • It applies only to online US dollar-denominated stocks traded on US markets.
  • It applies to both buy and sell trades.
  • Free trades are not available to clients who have custom trade fees.
  • Other fees or charges may still apply, where applicable.


You will be able to see whether an order is marked as a free trade when placing the order and again once the order has been executed.


More Information here: Free Stock Trades on US Exchanges – Start Investing 

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