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
| Self-Directed | Full Service | |
| Electronic Daytrade or Overnight | $9.00/RT All-In Rate |
$25.00 + fees |
| Pit Daytrade or Overnight | $18.00/RT All-In Rate |
$25.00 + fees |
These are standard commissions. Rates quoted are on a round-turn basis and are for accounts that are initially funded with $5,000 or more. Once funded, there are no minimum balances to qualify for this rate. If you choose to open with less than $5,000 you must open your account in the full service division and your commission rate will be $25.00 per round-turn. If you're an active or professional trader, call 1-800-569-3330 and ask about our volume discount rates.
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 |
Equity and equity option commissions and fees apply to accounts cleared through Terra Nova Trading, L.L.C. Direct Access Platform fees may apply. Futures commissions and fees apply to accounts cleared through RCG. 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 |