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Lance Breitstein
is a paid partner of Clear Street.
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Your move to Clear Street
- Fund your account with $5,000 and receive a $250 cash credit.*
- Earn up to 3.68% on idle cash.**
- Margin rates from 5.33%, tiered by balance.***
- API & MCP server access.
- Omni AI included with your account.
- Institutional backing.
And so much more.
"There's a reason why I and so many other top traders choose Clear Street - they’re a broker that understands the importance of good executions, modern technology, and impeccable customer service when you need it. Plus they value trader education and giving back to the community just like I do."
Lance Breitstein

Founded in New York City. Built with institutional trust.
Clear Street supports hedge funds, institutional investors, and professional traders across its platform.
Get high-performance trading tools for every decision
Clear Street gives you more ways to access opportunity, generate income and deploy your capital efficiently.
Access more opportunities
Select private-market and pre-IPO investments for eligible investors.1
Earn on securities you already own
Generate additional income when eligible fully paid securities are borrowed.2
Make idle cash productive
Earn benchmark-linked interest while keeping cash available to trade.3
Increase your buying power
Use competitive margin financing to act when conviction is high.4
Transparent pricing that competesat the highest level
Volume-based equity pricing, straightforward options fees and competitive rates on margin and cash.
Common questions. Clear answers.
How are commission tiers applied?
Tiers apply marginally. Each tranche of your monthly volume is priced at its own rate, so crossing into a new tier never re-prices the shares you already traded. Tiers reset at the start of each calendar month.
What benchmark are margin and cash rates tied to?
Both are tied to the Overnight Bank Funding Rate (OBFR). When it moves, your margin rate and your cash yield move with it, using the formulas published on this page.
What regulatory fees will I see on my statement?
You may see the Regulatory Transaction Fee on sales, the FINRA Trading Activity Fee, the Options Regulatory Fee with exchange fees, and clearing and settlement charges from NSCC and DTC. These are third-party fees passed through at cost.
Is there a minimum commission?
Every stock and ETF order carries a minimum commission of $0.25, and your total commission is always capped at 1% of the trade's notional value.
1 Private-market and Pre-IPO opportunities are subject to eligibility, availability and applicable offering terms. Certain opportunities may only be available to qualified purchasers.
2 SIPC protection may not apply to loaned securities, loss of voting rights, and substitute payments in lieu of dividends with possible tax impact.
3 The benchmark is the Overnight Bank Funding Rate (OBFR), currently around 3.88% (as of Sep 28, 2026). Rates are variable, accounts under $50,000 earn 0.00%, rates may change without notice.
4 Margin borrowing increases risk; you can lose more than you deposit.
5 The BM rate is subject to change.