Luxis Review

by BrokersReview.online
Luxis Trade
Alongside an excellent selection of market research alongside an easy to use website, Luxis delivers a thorough educational experience that will satisfy beginners. Luxis specialty is retirement, which makes it ideal for investors who want to take a long term approach to understand the stock market.

Trading Fees

Minimum Deposit $250
Stock Trade Fee
(per trade)
$0.00
ETF Trade Fee $0.00
Options Base Fee $0.00
Options Per Contract Fee $0.00
Mutual Fund Trade Fee $0.00
Broker Assisted Trades Fee $14.99
Commissions & Fees

Margin Rates

Under $24,999.99 2.00%
$25,000.00 to $49,999.99 2.00%
$50,000.00 to $99,999.99 2.00%
$100,000.00 to $249,999.99 1.85%
$500,000.00 to $999,999.99 1.35%
Above $1,000,000.00 1.35%
Commissions & Fees

Investment Options

Stock Trading Yes
Fractional Shares Yes
OTCBB / Pink Sheets Yes
Options Trading Yes
Complex Options Max Legs 4
Futures Trading Yes
Forex Trading Yes
Commission-Free ETFs All
Mutual Funds
(No load)
All
Mutual Funds
(Total)
All
Bonds
(US Treasury)
Yes
Bonds
(Corporate)
Yes
Bonds
(Municipal)
Yes
Interest Sharing Yes
Advisor Services Yes
International Trading Yes
Offering of Investments

Beginners

Education
(Stocks)
Yes
Education
(ETFs)
Yes
Education
(Options)
Yes
Education
(Mutual Funds)
Yes
Education
(Fixed Income)
Yes
Education
(Retirement)
Yes
Paper Trading Yes
Videos Yes
Webinars
(Monthly Avg)
Yes
Webinars
(Archived)
20
Live Seminars Yes
Progress Tracking Yes
Interactive Learning - Quizzes Yes
Investor Magazine Yes
Education

Account Fees

IRA Annual Fee $0.00
IRA Closure Fee $0.00
Returned ACH Fee $0.00
Returned Wire Fee $0.00
Stock Certificate Processing Fee $0.00
Stock Certificate Delivery Fee N/A
Paper Statement Fee $0.00
Paper Confirmation Fee N/A
Domestic Wire Fee $10.00
International Wire Fee $10.00
Commissions & Fees

Trading Platforms

Proprietary Platform Yes
Desktop Platform
(Windows)
Yes
Web Platform Yes
Social Trading / Copy-Trading Yes
MetaTrader 4
(MT4)
Yes
MetaTrader 5
(MT5)
Yes
cTrader No
Still aren't sure which online broker to choose?

Still aren't sure which online broker to choose?

Email us a question! Whether you are a beginner investor learning the ropes or a professional trader, we are here to help. Email us your online broker specific question and we will respond within one business day.

All pricing data was obtained from a published web site as of 01/20/2020 and is believed to be accurate, but is not guaranteed. For stock trade rates, advertised pricing is for a standard order size of 500 shares of stock priced at $30 per share. For options orders, an options regulatory fee per contract may apply.

$10.00 commission applies to online U.S. equity trades, exchange-traded funds (ETFs), and options (+ $0.65 per contract fee) in a Fidelity retail account only for Fidelity Brokerage Services LLC retail clients. Sell orders are subject to an activity assessment fee (from $0.01 to $0.03 per $1,000 of principal). There is an Options Regulatory Fee (from $0.03 to $0.05 per contract), which applies to both option buy and sell transactions. The fee is subject to change. Other exclusions and conditions may apply.

Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risk. Before trading options, please read Characteristics and Risks of Standardized Options. Supporting documentation for any claims, if applicable, will be furnished upon request.