Other Fees
| Account Transfer (ACAT) | |
| ACAT Incoming Transfer | FREE |
| ACAT Outgoing Transfer | $50.00 (Additional charges will apply for transfers involving non-DTC eligible domestic and foreign securities. See Foreign Settlement Fee and Physical Settlement Fee listed below.) |
| DWAC Delivery | $75 |
| DRS Transfer | $60 |
| DTC Delivery | $30 per request |
| Letter of Authorization Transfer | $10.00 |
| Account Funding/Withdrawal | |
| ACH Deposit/Withdrawal | FREE |
| Check Request | FREE (Regular Delivery) |
| Check/ACH Returned | $50.00 (Returned as uncollectible or for insufficient funds.) |
| Check Stop Payment | $25.00 |
| Checking & VISA Debit Card | $50.00 annual fee (Available for domestic accounts only.) |
| Overnight Delivery | $25.00 |
| Overnight Delivery (Saturday) | $35.00 |
| Overnight Delivery (International) | $50.00 |
| Wire - Outgoing Domestic | $25.00 |
| Wire - Outgoing Foreign | $40.00 |
| Wire - Incoming Foreign | $30.00 |
| Wire Return Fee | $25.00 (We do not accept third party wires. Incoming third party wires will be returned and the Wire Return Fee will be charged to the account.) |
| IRAs | |
| IRA Annual Fee | $35.00 (Waived for accounts with over $25,000 in assets.) |
| IRA Closing Fee | $50.00 (Includes outgoing transfer via ACAT) |
| Stock Certificates | |
| Safe-Keeping Fee | $50.00 annually |
| Stock Certificate Deposit | $125.00 per certificate |
| Stock Certificate Request | $20.00 minimum processing and shipping cost. To determine what charges will apply, please email us at info@just2trade.com. |
| OTC Certificate Review | $1,000.00 |
| Statements/Confirmations | |
| E-Statements | FREE |
| E-Confirmations | FREE |
| Paper/Duplicate Statements | $5.00 per statement |
| Paper/Duplicate Confirmations | $3.00 per confirm |
| Paper Copies of Statements & Confirmations (within last 2 years) | $5.00 per statement or confirm |
| Trading & Regulatory Fees* | |
| ECN Fee | $0.003 per share |
| SOLV Fee | $0.0027 per share |
| Option Exercise/Assignment | $20.00 per exercise/assignment |
| Sell-Out/Buy-In Notices | $25.00 |
| SEC Fee | $0.0000224 per dollar (sells only) |
| TAF (Trading Activity Fee) | $0.000119 per share (equity sells) $0.002 per contract (option sells) |
| ORF (Options Regulatory Fee) | $0.0225 per contract (buys and sells) |
| Index Fee | $0.35 per contract (Click here to view a complete list of index options that are assessed the surcharge.) |
| Foreign Stock Transaction Fee | $75.00 per trade |
| Trade Settlements | |
| Foreign Settlement Fee (ADRs exempt) | $75.00 or more (Varies based on number of counterparties involved. Applies to transactions and account transfers involving foreign securities that are not registered in the U.S. and not DTC eligible.) |
| Physical Settlement Fee | $125.00 per certificate (Applies to transactions and account transfers involving domestic securities that are not DTC eligible. Fee may also apply to transactions involving securities with a DTC "chill" restriction.) |
| Regulation T Extension | $25.00 per request, plus margin interest |
| NSCC Illiquid Margin Charge | Click here for explanation of fee |
| Stock Loan | |
| Hard-to-Borrow Fee | Daily stock loan charges assessed to short trades. Click here for more information. |
| Dividends/Interest/Re-org | |
| Dividend Reinvestment (DRIP) | FREE |
| Tenders (Voluntary Corporate Actions) | $25.00 per item |
| Client Services | |
| Records Research | $100.00 per hour (1/2 hour minimum) |
| Transfer On Death Agreement | $50.00 (one time setup charge) |
| Returned Mail Maintenance Fee | $30.00 (Quarterly fee charged to accounts with returned mail associated with the address on file. To update your new address, please submit a Change of Address form.) |
| Tax Reporting | |
| Form 1099 Copy Request (within last 2 years) | $5.00 |
| Form 1099 Copy Request (prior to last 2 years) | $10.00 |
Trading & Regulatory Fees*
Electronic Communication Network (ECN) & NASDAQ-SOLV Fees / Extended Hours Trading
A commission surcharge of $0.003 per share is applied to orders executed on the ECN (i.e. ARCA and NSDQ) and a commission surcharge of $.0027 per share is applied to orders executed on SOLV. You may route orders to these destinations during market hours and extended hours trading sessions. During extended hours, pre-market orders may be placed between 7:05 - 9:30 a.m. EST and after-hours order may be entered between 4:00 - 8:00 p.m. EST.
Securities and Exchange Commission (SEC) Fee
SEC Section 31 transaction fees are charged by the government to recover the costs of regulating the securities markets. The fee is levied on all security sales, based on the total principal (dollar) amount sold. The current rate is 0.0000224 per dollar of your sale proceeds. For example, if you sold 100 shares of stock at $25.00 netting total proceeds of $2,500.00 you would be charged $0.06 for the transaction: (2,500 x 0.0000224) = $0.056 = $0.06 (rounded up to the nearest penny).
Trading Activity Fee (TAF)
The Financial Industry Regulatory Authority (FINRA) levies the TAF on stock and option sales. The FINRA TAF for stock sales is currently $0.000119 per share, with a minimum charge of $0.01 and a maximum charge of $5.95. For example, if you sell 1000 shares of stock, the fee would be the number of shares (1000) multiplied by $0.000119, which equals $0.119 ($0.12 after it is rounded up to the nearest penny). The FINRA TAF for option sales is currently $0.002 per contract, with a minimum charge of $0.01 and a maximum charge of $4.75. For example, if you sell 10 contracts then the fee would be the number of contracts (10) multiplied by $0.002, which equals $0.02. Effective July 1, 2012.
Options Regulatory Fee (ORF)
The ORF is a transaction-based fee charged by options exchanges and collected by the Options Clearing Corporation (OCC) to offset the costs of supervising and regulating the options market. This fee varies based on industry volumes and is assessed to buy and sell option orders at a rate of $0.0225 per contract.
Index Fees
Just2Trade charges an additional $0.35 per contract on purchases and sales of certain index products where the exchange charges fees. Click here to view a complete list of index options that are assessed the surcharge.
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