CenterPoint Securities review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
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Our verdict
CenterPoint Securities is built for experienced traders and day traders who want tight pricing and a spread of platforms, rather than a guided investing platform. Stock trades cost $0.001 and options $0.20, with SIPC up to USD 500,000 behind the money and a FINRA licence under the legal entity Clear Street LLC.
Key facts
- Best for
- Experienced traders placing frequent orders in stocks, ETFs and options.
- Stock trade fee
- $0.0010↗
- Markets
- Stocks, ETFs, Options↗
- Regulators
- FINRA↗
- Investor protection
- SIPC up to USD 500,000↗
- Options contract fee
- $0.20↗
- Platforms
- CenterPoint Pro, CenterPoint Web, Mobile App↗
- Legal entity
- Clear Street LLC↗
- Support channels
- Email, Phone, Help-centre↗
- Features
- Mobile app, Options
- Audience
- Experienced traders, Day traders
- Official website
- centerpointsecurities.com
Facts checked September 26, 2026, 5 sources
Apps and profiles
- Elsewhere
- X
Pros and cons
Pros
- Stock trades at $0.001 sit below the €1.40 rate most brokers charge.
- Options cost $0.20 and sit inside stocks, etfs and options alongside stocks and ETFs.
- Money is covered by SIPC up to USD 500,000 under a FINRA licence.
- Support runs on email, phone and help centre, so phone, email and a help centre are all open.
Cons
- The market list is stocks, etfs and options, which is narrower than the stocks, etfs and forex on offer at CFI.
- The stated audience is experienced and day traders, so the service is built for traders who already know the markets.
- Options and day trading carry real risk, with retail accounts losing money at 72.03%.
Who it suits
- Experienced traders and day traders placing frequent orders, since the stated audience is experienced and day traders.
- Investors in stocks, etfs and options who put low per trade costs above a wide market list.
- US traders who want holdings covered by SIPC up to USD 500,000.
Who should look elsewhere
- Not for crypto or forex traders, who would find more in CFI with stocks, etfs and forex.
- Not for investors who want crypto alongside shares, since bunq lists stocks, etfs and crypto.
- Not for anyone who needs a lender rather than a brokerage, such as Fiesta Credito MX under CONDUSEF.
How CenterPoint Securities compares
8.9 vs 9.4
8.9 vs 8.7
8.9 vs 8.3
8.9 vs 8.5
8.9 vs 9.4
8.9 vs 9.3
8.9 vs 8.7
8.9 vs 9.2
8.9 vs 8.7
8.9 vs 8.6
8.9 vs 9.2
8.9 vs 9.2
8.9 vs 9.0
8.9 vs 9.2
8.9 vs 9.2
8.9 vs 9.2
8.9 vs 9.1
8.9 vs 9.0
8.9 vs 9.0
8.9 vs 9.0
8.9 vs 9.0
8.9 vs 8.8
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 trade a stock?+
Stock trades are charged at $0.001, below the €1.40 rate most brokers charge. Options are priced separately at $0.20. Both figures sit on the pricing published for the platforms CenterPoint Pro, CenterPoint Web and Mobile App, so the per trade model is clear before you commit money.
How much do options trades cost?+
Options trades cost $0.20, and options sit inside stocks, etfs and options alongside stocks and ETFs. That is a higher charge per trade than the $0.001 on stocks, so frequent option traders pay more. Options trading is also flagged among mobile app and options.
Which markets can I trade?+
The market list is stocks, etfs and options. Crypto, forex and CFDs sit outside that list, so traders who need those instruments should look elsewhere. Options also appear among mobile app and options, alongside the mobile app, for anyone trading on the move.
Is my money protected, and who regulates it?+
Investor protection is SIPC up to USD 500,000, and the firm trades under licence 288933 with FINRA as its regulator. The legal entity listed for support is Clear Street LLC, so contract and support terms sit with that company rather than the trading name.
Which platforms and apps can I use?+
The choice is CenterPoint Pro, CenterPoint Web and Mobile App. The mobile app also appears among mobile app and options, which matters if you place orders away from a desk. The service is aimed at experienced and day traders, so the platforms assume a trader who already knows how to place orders.
How do I get help?+
Support runs on email, phone and help centre, so email, phone and a help centre are all listed. A phone line matters for a day trading desk, where a stalled order has a running cost that shows against the $0.001 charged per trade. The help centre is the written reference for CenterPoint Pro, CenterPoint Web and Mobile App.
Who is the brokerage aimed at?+
The stated audience is experienced and day traders, which points at people who already trade actively. Support on email, phone and help centre and options in stocks, etfs and options both suit that reader. If you are starting out, the pricing is simple but the platform set assumes you know what you are placing.
Is it available outside the United States?+
The registration on record is with FINRA under licence 288933, and the trading prices are quoted in US dollars. That points to a US setup. Traders in other markets would need to check local registration rules before funding Clear Street LLC.
Where does it rank on cost?+
The cost part of the site's score is 6, and the overall score is 6. On stock trade fee, the rank is 97 of 166 brands, so the $0.001 charge is competitive without being among the lowest.
Sources
- brokercheck.finra.org/firm/summary/288933 checked September 26, 2026
Backs: Investor protection, Regulators, Licences
- centerpointsecurities.com checked September 26, 2026
Backs: Audience, Platforms
“Powerful tools for active traders”
- centerpointsecurities.com/pricing checked September 26, 2026
Backs: Features, Markets, Options contract fee, Stock trade fee
“Mobile platform available”
- centerpointsecurities.com/support checked September 26, 2026
Backs: Legal entity
“CenterPoint Securities - A Division of Clear Street LLC”
- centerpointsecurities.com/why-us checked September 26, 2026
Backs: Support channels
“Rapid phone & email response time”
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
Experienced traders placing frequent orders in stocks, ETFs and options.