We strive to offer the best deep discount package in the industry. With Just2Trade, low-cost trading means you pay a flat commission rate on unlimited equity and option trades. No gimmicks. No surprises.
|Options||$2.50 + $0.50 per contract|
|Spreads(per leg)||$2.50 + $0.50 per contract|
|Straddle (per leg)||$2.50 + $0.50 per contract|
|International Stocks||$2.50 + $75.00 Foreign Stock Transaction Fee|
|Bonds||$15.00 + $1 per bond|
|Broker-assisted||$20.00 + the applicable commission|
*Our commissions include all order types, unlimited shares. For stocks priced less than $1.00, add $0.003 per share for the entire order. Maximum commission per order not to exceed $5.50, with minimum commission of $2.50. A commission of $4.00 per trade will apply to accounts below the minimum $2,500 balance requirement. Just2Trade passes through ECN fees, as well as standard Regulatory and Exchange transaction fees (see below). Please note that additional charges such as settlement and/or transfer fees may apply to foreign and some illiquid OTC-BB or pink sheets securities. Refer to Other Fees page for a complete list of additional charges that may apply. Additional fees and expenses may be charged by the mutual fund. Please consult the fund's prospectus for more information.
Standard commission rates for online equity trades from published web sites as of 01/09/2012. Some brokers may offer more competitive rates than ones published if certain balances or level of activity are met.
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 a.m. - 9:30 a.m. EST and after-hours order may be entered between 4:00 p.m. - 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 $0.0391 per contract.
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.
NOTE: Partial fills of GTC orders will be charged full commission for each day an execution occurs. Same-day partial fills will only be charged a single commission.