Start Earning Extra Income

Boost Your Account Balance with our Fully Paid Stock Program

With TradeStation’s Fully Paid Stock Program, your stock positions could earn you extra income.

Did you know your long positions could be earning you extra income through our Fully Paid Stock Program?

When we lend out certain fully paid or excess margin securities in your account, you’ll receive 50% of the interest we earn each day – with no trading restrictions on the shares lent out. You can add to your positions, sell them or leave the program at any time.

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Easy, automated extra income

We may lend out eligible securities regardless of whether your equities account is cash or margin, generating easy, extra income for you.

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Low entry barriers to participate

You only need five years of trading experience OR a total net worth of at least $75,000 to be eligible to participate in the program.

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Transparent and easy to track

The interest you earn is accrued daily in your account and posted in your monthly account statement.

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No restrictions on your positions

You maintain complete control and have the ability to sell securities on loan at any time, or to just opt out of the program altogether.

The Fully Paid Lending Program is available to all TradeStation clients who meet the following criteria:

Have questions about your eligibility? Contact Client Services at 800.822.0512 or 954.652.7900. Need to update your eligibility criteria? Complete and submit the Client Information Update form.

  • All qualified clients who open accounts on or after 2/15/19 are automatically enrolled in the program.
  • For existing clients who opened an account prior to 2/15/19, visit the Client Center to enroll in the program.
  • For existing clients whose eligibility criteria has changed, please complete and submit the Client Information Update form and then visit the Client Center to enroll.
  1. We identify securities in your account that qualify for lending
  2. Based on market demand, some or all of your eligible securities will be lent out
  3. You’ll accrue daily income while your securities are on loan
  4. Once securities on loan are sold or if the loan is recalled, income stops accruing to your account
  5. All securities on loan and accrued interest will be reflected in your monthly statement

There are no trading restrictions on securities that are lent out. You can sell or transfer your positions at any time, just as you would if they weren’t on loan. As required, shares will be recalled and deposited back into your account.

Shares lent out are not protected by SIPC.

There are potential tax consequences:

  • When shares are lent out, you’ll receive cash payments in lieu of dividends; these payments are treated as ordinary income rather than taxed at the dividend rate.
  • Loan income is taxed as ordinary income.
  • There’s no guarantee that eligible securities in your portfolio will be lent out, as there may be no demand for the securities.

When securities are on loan you lose your ability to exercise voting rights.

Questions? Visit our FAQs to learn more.