Frequently Asked Questions

  • What is the Account Minimum for Ocean Securities?

    The minimum account balance required to trade US equities with Ocean Securities is $1,000.

  • Do you accept international clients from X Country

    Yes, our services are primarily designed for offshore traders seeking access to US markets. We accept clients from all over the world, with the exception of those from countries blacklisted by the USA.

  • What type of leverage can you offer ?

    We offer leverage of 6:1 during the core hours, and 2:1 overnight, premarket and afterhours.

  • What are the platform fees and can I avoid charges if I go on vacation

    We offer three trading platforms: DAS, Sterling, and Takion. Additionally, we support algorithmic traders who use their own Order Management Systems (OMS) for direct market access and optimized strategies.

    DAS: $130 per month, which includes basic quotes.

    Sterling: $230 per month, with no market data included.

    Takion: $200 per month, which includes full-depth market data.

    If you plan to go on vacation and wish to avoid charges, please contact our support team at Ocean Securities via email to request the temporary suspension of your account until you are ready to trade again.

  • Do you have an affiliate program for trading communities?

    Yes, we do have an affiliate program tailored for trading communities. We offer special incentives and competitive pricing for groups of traders, whether they are on Discord or other platforms. Traders joining as a group can benefit from aggregated volume pricing and exclusive offers.

  • What are your commission rates compared to other brokers?

    Our commission rates are customized based on each customer’s trading volume. We offer competitive pricing and have no minimum commission per transaction, allowing clients to test new strategies and trade smaller sizes without incurring significant costs. Please reach out to us via email through our website to inquire about the commission rates we can offer you.

  • Do you allow shorting of HTB stocks and How many sources of locates do you have?

    Yes, we allow shorting of Hard-to-Borrow (HTB) stocks. We have access to inventory from three different clearing firms, ensuring that our customers benefit from the best pricing and availability for any stocks they wish to short.

  • Do you allow the shorting of stocks under $1?

    Yes, we do allow the shorting of stocks priced under $1. Please note that for overnight positions, buying power is calculated as if each share is valued at $2.50, regardless of its actual price. During the trading day, however, margin requirements are based on a valuation of $1 per share for stocks priced under $1.

  • Do you have any policies regarding the PDT rule?

    As we operate offshore, we do not enforce the Pattern Day Trader (PDT) rule. Therefore, the minimum deposit required is $2,000.

  • What are the trading hours, and do you allow trading at 4 AM?

    Our trading hours are from 4:00 AM to 8:00 PM every open business day. Additionally, we allow DAS accounts to open at 3:57 AM to ensure you can trade precisely when the market opens on DAS.