All-in-one
trading platform

Trade on your own or move them to your direct index when you're ready.

Screenshot of Frec's asset allocation page
Screenshot of Frec's self-directed trading home page

Zero commission trading

Invest in stocks and ETFs commission-free. $0 to get started.

Other fees may apply, see Frec's fee schedule for more information.

Access to low-cost portfolio line of credit

Borrow up to 70%1 of your stocks, and see what each stock's loan-to-value is.

Granular control over trades

Trade individual tax lots, market or day limit orders, and see real-time prices.

Stress-free stock transfers

Our stock transfer process is simple and secure through Plaid. Pick and choose the stocks you want to bring over to Frec, and they'll transfer along with their cost basis without being sold.

Screenshot of Frec's portfolio allocation feature

Even better when paired together

A self-managed trading experience that works with your direct index.

Set up your direct index with stocks

Use your existing stocks to fund your direct index. We'll use the amount we need and then sell the rest tax-efficiently.

Screenshot of a calculation of how much of a stock will be used to fund a direct indexScreenshot of funding a direct index with a combination of stocks and cash

Flexible stock transfers

Move stocks in and out of your direct index at any time. You'll be able to see your estimated tax impact when doing so.

Screenshot of moving stocks in and out of a direct index by selecting tax lotsScreenshot of the potential taxes owed when moving stocks in and out of a direct index

Wash sale avoidance

Our direct index algorithm seeks to avoid triggering wash sales for recently traded stocks.

Screenshot of the percent allocation of a stock in a Frec accountA warning showing a message that trading stocks in a direct index may trigger wash sales

Auto convert to a direct index

Select stocks or ETFs that you want Frec to monitor for losses and sell them automatically to be reinvested into your direct index.

Screenshot of withdrawing from a direct index on FrecWithdrawing to a bank account from Frec

FAQs

Help center
Start trading commission-free.

We support individual, joint, trust and business accounts.

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Check the background of Frec Securities LLC on FINRA's BrokerCheck. Questions? Reach out to us at help@frec.com.

1

Frec allows you to borrow a maximum of 70% of your portfolio value. The amount available to borrow (maximum line of credit) is based on the positions in your portfolio (loan to value of positions range from 0% to 75%). The initial borrow amount available is typically 50% of your portfolio value. This amount can gradually increase to a maximum of 70% when your portfolio appreciates in value. If you transfer assets from another broker, the initial borrow amount received can be higher than 50% if you have accumulated sufficient value in your Special Memorandum Account (SMA) at the delivering broker and the value is sent to us with the transfer. If you are transferring assets from a portfolio margin account, please contact help@frec.com to update your SMA.

Testimonials may not be representative of the experience of other customers, there is no guarantee of future performance or success, and all are current Frec customers and were not paid for these statements.

Frec is making sophisticated investing strategies simple and accessible. By using frec.com, you accept our Terms of Use and Privacy Policy. Frec is only available to US residents. Frec refers to Frec Markets, Inc., and its wholly owned subsidiaries, Frec Securities LLC and Frec Advisers LLC. Read about the services and differences between the entities in our Form CRS.

Product images are for illustrative purposes only.

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