Short Selling: SageTrader Vs SageTrader Pro

• Opt in to margin, with a $3,000 initial deposit and a $2,000 balance maintained
• Short from a curated list of easy-to-borrow names, typically larger-cap companies such as Meta or Alphabet, reviewed regularly. The list changes, so no specific security is guaranteed to be available at any given time.
• Standard order types: market, limit, stop, stop-limit
• Zero commission on the trade itself
• Web and mobile access

What does "easy to borrow" mean?

A stock is easy to borrow when there's a large, readily available supply of shares for short sellers to borrow, typically large, heavily traded companies. The opposite, hard to borrow, means supply is limited or in high demand, and you need a locate before you can short it.

• $3,000 initial deposit, maintain a balance of $2,000
• Locates on hard-to-borrow names: our locate tool checks inventory across multiple providers and quotes you the best available price in about a second, so you're not stuck with the curated list
• Reserve shares to hold and trade once located
• Smart Routing, with certain routes and order types earning you a rebate when you add liquidity
• Load custom hotkeys for faster order entry and execution
• Level 2 market depth, to see real borrow and liquidity conditions before you're in the trade
• Per-share commission, from $0.0010 down to $0.0003 as your monthly volume climbs
• Professional platforms: DAS Trader or BlackArrow
• The ability to trade Options

You may want to consider SageTrader with Zero Commissions if:

• You're shorting names on the curated easy-to-borrow list
• You want zero commissions
• You don't need locates, routing control or Level 2 data

You may want SageTrader Pro if:

• You want to short hard-to-borrow names
• You want to trade Options
• You want to choose your own routes and earn rebates on qualifying orders
• You want hotkeys and Level 2 data to trade faster and judge liquidity yourself
• You're trading enough volume that per-share pricing works in your favor

Both let you short. The free tier keeps it simple: a curated list, zero commissions, no extra steps. SageTrader Pro opens up to names that can be more volatile, with the locates, routing and data to back it up. Pick the one that matches what you're actually trying to short, not just whether shorting is "included."

For any questions please contact Sales@SageTrader.com to get started.

Short selling involves substantial risk, including the potential for unlimited losses, since a shorted security's price can rise without limit. The curated list of easy-to-borrow names is subject to change without notice, and availability of any specific security for short selling is not guaranteed at any given time. This article is for informational purposes only and is not financial advice. SageTrader, LLC does not offer investment advice; consider your own financial situation and consult a licensed advisor before trading.