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Commissions
Service, Transfer, Wire, and ACH Fees
Margin Rates
SDK
Commissions
| Type of Order |
Commission |
| EQUITIES
|
Market Orders*
Listed Securities
OTC |
$12.95
$12.95 |
Limit
Orders*
Listed Securities
OTC
OTC Markets
|
$15.95
$12.95
$15.95 |
| American Depositary Receipts(ADRs)* |
$12.95 |
| Canadian Equities |
C$9.95 + 5 mils (C$0.005) per share
Equities under a dollar will be charged a flat fee of C$15.95. |
| OPTIONS |
Option
Orders**
U.S. Residents:
Non U.S.:
|
$1.00 per contract
($10.00 minimum)
$18.00 + $1.75 per contract
($25.00 minimum)
|
| Option
Exercise/Assignment Fee |
$27.95 |
| FUNDS |
|
Exchange-Traded Funds (ETFs) |
$12.95 |
| Open-End
(Mutual) Funds |
|
| -
No-Load |
$25.00 |
| -
Low-Load & Load |
$25.00 + load assessed
by the fund |
| FUTURES |
| Futures
Orders*** |
$7.00 per contract |
|
BROKER-ASSISTED TRADES |
$15.00 surcharge + regular commission |
| |
|
Equity trades are subject to regulatory transaction fees.
They may also incur additional charges depending on where the trade is routed.
|
|
ARCA |
Charge |
Rebate |
|
|
|
($ per share) |
($ per share) |
|
NYSE,
AMEX & Nasdaq |
|
|
|
|
Stock price less than $1 |
.00003 times the value ofthe trade (shares |
|
| |
|
times price) |
|
| |
Stock price $1 or greater |
.0033 times the number of shares |
.002 |
| |
|
|
|
NASDAQ |
|
|
|
|
Stock price less than $1 |
.001 |
-- |
|
|
Stock price $1 or greater |
.0033 |
.002 |
| Notes:
ECN fees are beyond our control and change frequently. In addition to the ECN fees above, you may be
charged a contra fee if you choose to route a trade to an ECN that, in turn, routes your trade to
another ECN for execution. |
* 20,000 share/$500,000 order
limit applies for stocks over $1.00. This limit is 100,000 shares for Nasdaq Securities if the price of the
stock is less than $1.00.
This limit is 50,000 shares on OTCBB Securities and Pink
Sheets orders with stock prices $0.10 or higher; 300,000 shares for
orders with stock prices between $.05 and $0.10; 600,000 shares for orders with
stock prices between $0.01 and $0.05; and 1,000,000 shares for orders with stock prices
under $0.01.
**100 contract/ $100,000 order limit
applies.
commission rate applies to brokerage accounts created after 3/21/2012.
***Add $3.00 for non-U.S. customers.
SERVICE, TRANSFER, WIRE, and ACH Fees
(click here)
MARGIN RATES
The following rates are
charged on the balance outstanding when you trade on margin:
| Debit Balance (loan) |
Interest Rate |
| Below $25,000 |
BC + 2.50% |
| $25,000 to $49,999 |
BC + 2.25% |
| $50,000 to $99,999 |
BC + 1.50% |
| $100,000 to $250,000 |
BC + .50% |
| Above $250,000 |
BC + .25% |
BC = "Broker Call"
The rate of interest applied to a
Margin debit is based upon the current "Call Money" rate, which is also known as
"Broker Call." The Call Money rate can be found every day in The Wall Street
Journal, listed under Money Rates. Interest rates on margin debit will vary as the
Broker Call Rate changes. Interest rates are set at our discretion and are subject to
change without notice.
Margin Interest Rate example:
For example, if the Broker Call Rate
were 2.75%, a margin debit of $20,000 would therefore have a rate of 5.25% (Broker Call + 2.50%, from
the table above).
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For information on the SDK, including pricing, click here.
Please note that prices, fees and rates are subject to change without prior notice. Fees
for services not listed may also apply. This schedule covers prices, fees and rates as of
March 20, 2012.
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For inquiries, please send email to
trading@myTrack.com, use the
myTrack channel 9 chat room, or call us toll-free at (800) myTrack.
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