CenterPoint Rating: 
Overview of CenterPoint Securities
CenterPoint Securities, a California-based brokerage firm established in 2020, operates under the umbrella of Precision Securities LLC. As a division of a registered broker-dealer, it complies with SEC regulations and is a member of both FINRA and SIPC.
Opening an Account
Although the expected paperwork is still part of the process, opening an account with CenterPoint Securities is usually straightforward and fairly smooth, helped by the firm’s strong customer support — one of its better features. While the broker does accept both U.S. and international customers, the standards for non-U.S. applicants are stricter.
The company currently has a
$30,000 minimum deposit requirement, which still places it among the brokers with the highest entry hurdles in the market. Since the Pattern Day Trading rule still requires at least
$25,000 in account equity, the overall setup remains a barrier for many retail traders and clearly targets serious active traders.
CenterPoint Stock Commissions
| Monthly Volume (shares per month) | Commission | Minimum Commission Per Order |
|---|
| <500k | $0.003 | No minimum |
| 500k-1M | $0.0025 | No minimum |
| 1M-5M | $0.002 | No minimum |
| 5M-10M | $0.0015 | No minimum |
| 10M-20M | $0.001 | No minimum |
Above 20 million shares per month, stock commissions are negotiable.
CenterPoint Options Commissions
| Volume (Contracts per Month) | Price per Contract |
|---|
| Under 10,000 |
$0.50 |
| Over 10,000 |
$0.40 |
| Over 50,000 |
$0.30 |
| Over 100,000 |
$0.20 |
CenterPoint Pricing
The commissions on stocks and options are competitive, especially for high-volume accounts. They use a per-share commission schedule that goes as low as
$0.001 per share (routing and regulatory fees excluded) for clients who traded 10M to 20M shares during the previous month. For accounts below 500k shares of monthly volume, commissions start at
$0.003 per share, and there is
no minimum order fee.
For options commissions, the prices range from
$0.50 to $0.20 per contract, depending on the number of contracts traded per month.
Maker-taker fees are available at CenterPoint, and the broker-dealer does charge for market data.
Tradable Assets
CenterPoint Securities supports only stocks, options, and ETFs on U.S. markets, which once again
shows how the platform is built for short-term traders, since long-term holdings like bonds or mutual
funds are not part of the core offering.
The solutions offered for shorting stocks are superb. They have close to 8,000 symbols on their daily ‘Easy-to-Borrow’ list, which is massive, and they are exceptionally good at finding stocks to borrow. This process is possible thanks to an in-house securities lending team, that liaise with over 45 counterparty firms, which results in more than 100M shares located every month.
Stock borrowing is handled through a user-friendly short locator built into the trading platform, making the process fast and efficient. The locate costs per share are very low compared to many competing brokers, and clients can also receive a discount based on account size.
Short Locate Discount Program
| Account Equity |
Discount |
|---|
| 50K-99K |
15% |
| 100K-249K |
20% |
| 250K-999K |
25% |
| 1M+ |
30% |
Trading Platform
CenterPoint Securities now offers more than one platform choice. The current lineup includes
CenterPoint Pro and
CenterPoint Web, with mobile access also available. CenterPoint Pro costs $120 per month, while CenterPoint Web costs $20 per month, and mobile access can be added to the web platform for an extra fee.
The CenterPoint platform setup is strong and is clearly designed for very active traders. It includes modern tools such as advanced charting, multiple routing options, stock scanners, several stop-order choices, hot keys, a built-in short locator, Market Viewer, and more.
The level of customization is impressive and very broad. For example, traders can nearly rebuild the order window, add or remove buttons, or even assign a key to detailed dynamic commands that fit a specific strategy or trading style.
The charting package is also very capable, with support for multiple charts and a wide selection of technical indicators that can be adjusted to fit the trader’s needs.
On the downside, the total cost can rise quickly once platform fees, market-data packages, and other add-ons are included.
Education and Research
CenterPoint Securities does provide educational material. Its website includes Trading Insights with guides, tutorials, and other resources aimed at active traders.
Research tools are also stronger than they may first appear, since the platform includes scanners and news feeds, and eligible clients can also get access to added tools like Benzinga Pro and other third-party resources.
Speed, Flexibility and Cost
What a high-volume, frequent trader is very interested in, though, is good fill prices and faster executions for their large orders, and that’s exactly the kind of needs that CenterPoint Securities tries to meet. More specifically, CenterPoint Securities is focused on being the best in terms of speed (specialized routes, smart routing technology, and direct market access provided by third party vendors), flexibility (custom routes and multiple order types) and cost (low fees and the possibility of using ECNs that provide rebates).
Customer Support
As mentioned earlier, the customer support team is one of the broker’s strongest points. Replies are very fast, issues are handled efficiently, and the transfers team is proactive about contacting clients when something needs to be fixed. That creates a very solid overall customer experience.
CenterPoint Securities Review Summary
In summary, CenterPoint Securities clearly does not want to be just another broker for the average trader. Its minimum deposit is too high for many retail traders. Even though the broker now offers educational material and added tools, the overall setup still leans heavily toward experienced active traders.
As for the platform strengths, such as direct market access and highly customizable order windows, those features are probably far more useful to experienced traders than to beginners. CenterPoint is focused on high-volume traders with larger accounts who care about fill quality, fast executions, flexible routing, smart technology, or ECN rebates. That is exactly what CenterPoint Securities is built to provide.
They are undoubtedly one of the best brokers in the market for shorting stocks, and that of course is appealing to all short-bias traders, beginners and experienced alike. Unfortunately, those who cannot meet the
$30,000 minimum deposit requirement will never be able to take advantage of CenterPoint’s extensive locates inventory.
Overall, their fees are very competitive, and the customer service is excellent. On the downside, CenterPoint’s fairly narrow list of tradable assets, along with the added cost of platform and data packages, could discourage some prospective clients.
Updated on 4/14/2026.
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