Auto-Trade Fees
Auto-Trade Fees cover all aspects of our operation that keep OmniFunds running smoothly, including development and support staff, platform upgrades, data costs, as well as server and maintenance costs.
Auto-Trade fees are based on the amount of capital traded,
not the amount of equity in the account.
Auto-Trade Fee Schedule:
- Tier 0: $0/month if the account is not being traded.
- Tier 1: $99/month trading up to $100,000
- Tier 2: $199/month trading up to $250,000
- Tier 3: $299/month trading up to $500,000
- Tier 4: $499/month trading up to $1,000,000
If you are an existing OmniFunds user and want to trade amounts above $1,000,000 call 1-800-880-0338 for additional costs at the higher traded capital levels.
When and how do I pay my Auto-Trade Fees?
Can they be deducted from my trading account?
OmniFunds is not a Financial Advisor, Bank, or Brokerage. As such, we do not have access to your account. OmniFunds is an Algo-Trading service that can trade your account at your direction. You are always 100% in control of your account and can start/stop trading and add/withdraw funds at any time.
You will be directed to activate Auto-Trade when you connect your account to be traded by OmniFunds. You can use any credit card, but many clients use an Interactive Brokers Debit Card that is tied to their account (margin accounts only). In addition to ACH transfers, Debit Cards can be used to withdraw funds at any time.
The Auto-Trade fee will automatically adjust each month based on the amount of capital that is being traded in the account.
Questions? Call 1-800-880-0338