Updated on Apr 09 2026
Fee Schedule
This page outlines all applicable trading, regulatory, and service-related fees.
All fees are subject to change.
Trading Fees
Product
Fee
U.S. Listed Equities & ETFs
$0 / trade
U.S. Listed Equity Options
$0.35 / contract
Index Options
$0.50 / contract
American Depositary Receipts (ADRs)
$0 / trade
Some ADRs are subject to custody fees charged by the depositary bank.
Factional Share Trade Execution
$0.04 / trade
Regulatory Trading Fees
These fees are charged by regulatory agencies or exchanges and are passed through at cost.
Fee Type
Fee
Regulatory Fee (SEC)
$0 / share
Equity Trading Activity Fee (TAF)
$0.000166 / share
Sell orders only. Rounded to the nearest penny, not to exceed $8.30 / trade.
Options Trading Activity Fee (TAF)
$0.00279 / contract
Sell orders only.
Options Regulatory and OCC Clearing Fee
$0.05 / contract
Options Consolidated Audit Trail (CAT) Fee
$0.0009 / contract
NMS Equities Consolidated Audit Trail (CAT) Fee
$0.00009 / share
Transfers & Money Movement
Service
Fee
Returned Check (non-IRA), ACH
$0 / returned item
Additional wire transfer reversal fees charged by an originating intermediary or recipient bank may apply.
Wire & Recall / Stop Payments
$0 / request
Returned Check – IRA Rollovers
$25 / returned item
ACATS Transfer (Outgoing)
$100 / account transfer
Incoming Wire Transfer
$0 / transfer
Outgoing Wire Transfer
$25 / transfer
International Outgoing Wire Transfer
$45 / transfer
Domestic Overnight Check Delivery
$20 / delivery
DRS/DWAC
Quote
Call for current rate.
DRS Transfer Rejection
Quote
Call for current rate.
Service Fees
Service
Fee
Electronic Statements & Trade Confirmations
$0
Paper Statements (Monthly)
$5 / month
Paper Trade Confirmations
$5 / confirmation
Domestic Overnight Mail
$20 / mailing
International Overnight Mail
$50 / mailing
IRA Match – Early Removal Fee
Variable
Fee depends on account type and timing of withdrawal.
DVP/RVP
$40 / account
One-time account setup fee.
ADR Custody (Monthly)
Pass Through
Option Earlier Assignment Fee
$0 / assignment
Option Earlier Exercise Fee
$0 / exercise
Option Expiration Assignment / Exercise Fee
$0 / event
Miscellaneous Fees
Item
Fee
Restricted Accounts
$0
Voluntary Corporate Action / Election
$100 / election
Mandatory Corporate Action / Election
$15 / event
Includes U.S. stock reverse splits and stock splits.
Stock Borrow Fee
Market Rate
Calculated daily based on the largest short position held, multiplied by the end-of-day market price and the quoted annualized borrow rate, divided by 360. Subject to daily change and charged until the short position is closed and settled.
HTB Locates (Manual or via API)
Market rate / locate request
Non-Funded Inactive Account Fee
$6 / month per account
Inactive Accounts are non-funded accounts showing no activity for 3 months.
Margin Interest Rates
Margin interest rate is 6.00% annually for all margin debit balances. Interest is calculated daily and charged monthly. Rates are subject to change without notice.
Debit Balance
Interest Rate
Margin debit balance
6.00%
Important Disclosures
All fees are subject to change without prior notice. Regulatory and exchange fees are passed through at cost. Additional fees may apply in certain circumstances.