Stock and Options Trading & Commissions
Products traded on NYSE, CBOE, AMEX, NASDAQ, etc.
(Example: IBM, DJX, QQQ and options on these products)
Commissions by Order Entry Method
| Online or Broker-Assist | Direct Access Platform | |
| Options | $1.50/contract $14.50 minimum |
$0.75/contract (or less* depending on volume) no minimum |
| Stocks |
$0.015 per share $14.50 minimum |
1-3000 shares: $7.95/order 3001+ shares: $0.003/share |
| Minimum Account Size | $2,000 | $25,000 |
| Place Trades |
Online, Phone, Fax or Email Auto-Trade |
AOS OptionsPRO or RealTick |
| Service Communication | Online, Phone, Fax or E-mail | Online |
| Type of Trading | Self Directed Auto Trade |
Self Directed |
| Experience Level | Experienced or Novice Investor |
Active Investor Professional Trader Day Trader |
| Funds Due | Prior to placing a trade | On the settlement day (Next day for options, 3rd day for stocks) |
Futures Commissions - CLICK HERE to visit ETGDirect.com
Forex Commissions - CLICK HERE to visit ETGDirect.com
Account Fees
| Description of Activity | Fee |
| Wire Transfer Outgoing - Domestic | $25 |
| Wire Transfer Outgoing - International | $45 |
| Wire Transfer Incoming | FREE |
| Certificate Issue | $20 |
| IRA Custodian Fees | $45 |
| Account Transfer Outgoing (ACAT) | $50 |
| Account Transfer Incoming (ACAT) | FREE |
| Return Check Fee | $25 |
| Duplicate Statement via US Mail | $5 |
| Duplicate Confirmation via US Mail | $5 |
| Electronic Statements & Confirms | FREE |
| Margin and Reg T Extensions | $20 |
| Inactive Accounts (No activity in 12 months, per account, per year) |
$30 |
Commissions and fees apply to accounts cleared through Terra Nova Trading, L.L.C. Direct Access Platform fees may apply. Call for more details.
| New Accounts |
| » Open an Account |
| Related Information |
| » Margin Requirements |
| » Funding Instructions |
| Disclosures |
| » Day Trading |
| » Margin |
| » Options |
| » Uncovered |