We are proud to offer you straightforward pricing without any hidden charges. Below, you will see a full list of all our fees.
Account Transfer (ACAT)
|ACAT Incoming Transfer||FREE|
|ACAT Outgoing Transfer||$80.00 (Additional charges will apply for transfers involving non-DTC eligible domestic and foreign securities. See Foreign Settlement Fee and Physical Settlement Fee listed below.)|
|DTC Delivery||$30 per position|
|Letter of Authorization Transfer||$10.00|
Account Funding/WithdrawalPlease Note: Accounts holding non-transferable and/or worthless securities will be required to maintain a minimum cash balance of $250.00 in the account (The balance is to offset the fees incurred for holding these types of securities, minimum amount required may be greater than $250.00 and will depend on the number of positions held). To close an account holding non-transferable and/or worthless securities you will need to transfer the securities out to another broker dealer, or submit a Worthless Securities form for each position to be removed ($30.00 per security).
|ACH Returned||$50.00 (Returned as uncollectible or for insufficient funds.)|
|Check Stop Payment||$30.00 per check|
|Overnight Delivery (Saturday)||$50.00|
|Overnight Delivery (International)||$110.00|
|Wire - Outgoing Domestic||$35.00|
|Wire - Outgoing Foreign||$80.00|
|Wire - Incoming Foreign||$60.00|
|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.)|
|IRA Annual Fee||$50.00 Reimbursed for account with over $10,000.00 in assets and placed at least 40 trades (options and equities only)|
|IRA Account Transfer||$130.00 ($50.00 IRA Fee + $80.00 Closing Fee)|
|Paper/Duplicate Statements||$5.00 per statement|
|Paper/Duplicate Confirmations||$3.00 per confirm|
Trading & Regulatory Fees*
|ECN Fee||$0.003 per share|
|Options Exercise Request||$50 ($30.00 per request plus normal $20.00 commission)|
|SEC Fee||$0.0000218 per dollar (sells only)|
|TAF (Trading Activity Fee)||
$0.000119 per share (equity sells)
$0.002 per contract (option sells)
|ORF (Options Regulatory Fee)||$0.0407 per contract (buys and sells)|
|Index Fee||$0.35 per contract|
|Foreign Stock Transaction Fee||$75.00 per trade|
|Foreign Settlement Fee (ADRs exempt)||At Cost(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||At Cost 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|
|Hard-to-Borrow Fee||Daily stock loan charges assessed to short trades.|
|Dividend Reinvestment (DRIP)||FREE|
|Tenders (Voluntary Corporate Actions)||$40.00 per election|
|Mandatory Corporate Actions||$30.00 per item|
|Re-Org Processing Fee||$30.00 per position|
|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.)|
|Worthless Security Processing||$30.00 per item.|
|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) Fees / Extended Hours Trading
A commission surcharge of $0.003 per share is applied to orders executed on the ECN (i.e. ARCA and NASDAQ). 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 0.0000218 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 0.0000218) = $0.0545 = $0.05 (rounded up to the nearest penny). Effective Jan 7, 2016.
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 $0.0407 per contract. Effective Aug 1, 2016.
Just2Trade charges an additional $0.35 per contract on purchases and sales of certain index products where the exchange charges fees.
Low Priced and OTC Stocks
For any listed stock price less than $1.00 and all OTC stocks, add $0.003 per share for the entire order. Maximum commission per order not to exceed $5.50, with minimum commission of $2.50.
*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. A commission of $4.00 per trade will apply to accounts below the minimum $2,500 balance requirement.