Commission (Self-directed)
Product Fee
Equities $0.0299/share (minimum $2.99/trade)
Options $0.65/contract (plus $1.99/trade)
Commission (Full-service)
Product Fee
Equities $0.0499/share (minimum $30/trade)
Options $0.99/contract (plus $30/trade)
Regulatory Trading Fees and Exchanges Fee

Regulatory Fee (SEC)StockSells Only $0.000008 x no. of shares x price (Min $0.01)
Trading Activity Fee (FINRA)StockSells Only $0.000145/share (Min $0.01 – Max $7.27)
Regulatory Fee* (SEC)OptionsSells Only $0.000008 x no. of contracts x 100 x price (Min $0.01)
Trading Activity Fee (FINRA)OptionsSells Only $0.00244/contract (Min $0.01)
Options Regulatory Fee
(Options Exchanges)
OptionsBuys & Sells $0.02905/contract
*The option multiplier is typically 100.  If the option contract has a different multiplier, you would use that instead of 100.

Service and Processing

Service and ProcessingFee
Outgoing Wire Transfers (Domestic)$25.00
Outgoing Wire Transfers (Foreign)$50.00
Outgoing ACH$0.00
ACAT position transfer (outgoing only)$50.00 + Pass Through
Free DTC Deliveries and Receives$25.00 / CUSIP
ADR Fees*$0.01 - $0.1/share

Broker-assisted Order

(for self-directed accounts)

Equities: $0.0499/share (minimum $30/trade)

Options: $0.99/contract (plus $30/trade)

Hard-to-Borrow Fee
Daily Hard-to-Borrow Fee =Collateral Amount Per Share x Share Quantity x Annual Hard-to-Borrow Rate / 360Collateral Amount Per Share =Stock Closing price x 1.02  
*(rounded up to the nearest dollar)
*ADR agents that sponsor American Depositary Receipts (ADRs) are permitted to charge the ADR holder an annual custody fee. The fee is administered through the Depository Trust Company (DTC). If the ADR pays a dividend, the annual custody fee can be deducted from that or DTC will pass through a separate annual custody fee, the same way it does when the ADR does not pay a dividend. In that case, the annual fee will be posted to your account by our clearing firm. The per share fee and the date the fee posts annually will differ by ADR and is determined by the ADR agent. The ADR fee is anywhere between $0.01 and $0.10 per ADR share held.

**Market data professional users will be charged a different rate for market data. Most exchanges and data vendors classify clients as either non-professional or professional. By default, organizations such as corporations, limited liability companies, partnerships and any account where the data is used for more than personal investment purposes is deemed to be professional. In addition, private persons may be considered professional if they are registered as a security or investment advisor, or act in a similar capacity. A trader who is employed by a financial services business may also be considered a professional.

*Commission, fees and margin rates are subject to change without prior notice.


Debit BalanceRate
$1,000,000 +9.75%
$500,000 - $999,99910.75%
$250,000 - $499,99912.25%
$100,000 - $249,99912.75%
$50,000 - $99,99913.25%
$25,000 - $49,99913.5%
$1 - $24,99913.75%
Margin rates effective as of 07/26/2023. Subject to change without notice.
We provide up to 4 times day trading buying power and 2 times overnight buying power with a margin account.
You must have at least $2,000 to qualify.
Interest on margin trading is calculated on a daily basis. The margin rate is variable and is determined by the size of the margin loan.

Credit Interest

Debit BalanceRate
$1,000,000 +0.30%
$500,000 - $999,9990.30%
$250,000 - $499,9990.30%
$100,000 - $249,9990.30%
$50,000 - $99,9990.30%
$25,000 - $49,9990.30%
$1 - $24,9990.30%
We reserve the right to amend our credit interest policy from time to time in response to changes in prevailing interest rates and other factors.
Credit interest rates effective as at 01/19/2023.

*Commission, fees, margin rates and credit interest rates are subject to change without prior notice.