Commissions & Fees
Important Update: Starting April 23, 2007, there will be a $50.00 deposit/processing fee for all bulletin board and pink sheet stocks.
Stocks (Unlimited Shares): |
|
| Market Orders | $7.95 |
| Limit Orders | $11.95 |
| Less Than $2 Per Share | $29.00 |
| Foreign Stocks (No broker assist charge.) | $39.00 |
Options: |
|
| Equity or Index, Market or Limit | $1.50 Per Contract |
| Minimum | $14.95 |
| Option rates apply to each side of a spread order. | |
Broker Assisted Trades: |
Additional $10.00 |
| Additional fees may apply to orders greater than 2,000 shares directed to the NYSE or AMEX. | |
Extended Hours Trading: |
|
| Up to 5,000 shares | $25.00 |
| Over 5,000 | .003 Per Share |
| No broker-assist charge. | |
Listed Bonds: |
|
| First 25 Bonds | $5.00 Per Bond |
| Each Additional Bond | $3.00 Per Bond |
| Minimum | $39.00 |
Mutual Funds: |
|
| No-load Mutual Funds | $15.00 |
| Periodic Invest - Withdraw | $5.00 |
| Bond Redemption | No Fee |
| Cancel & Rebill | $5.00 |
| Cash Account Late Payment | |
| Same as margin debit charges, plus: | $10.00 |
| Conversion of Bonds/Preferreds | $13.95 |
| Copy of Past Confirmation | $5.00 |
| Copy of Past Statement | $5.00 |
| Deposit/Processing Fee for Bulletin & Pink Sheet Stocks | $50.00 |
| DRIP | No Fee |
| Estate Valuation | $45.00 |
| Exercise Right/Warrants | $13.95 |
| Foreign Securities Delivery | $15-200.00 |
| Foreign Securities Transfer | $15-200.00 |
| Full Transfer Out | $50.00 |
| Partial Transfer Out (per security) | $25.00 |
| IRA Maintenance | No Fee |
| IRA Setup | No Fee |
| IRA Termination | $50.00 |
| Legal Transfer Out (per security) after 28 days | $25.00 |
| Option Exercise/Assignment | $14.95 |
| Overnight Check Fee | $20.00 |
| Saturday Overnight Check Fee | $25.00 |
| Mandatory Reorganization | No Fee |
| Reorganization - Less than 48 Hours | $50.00 per security |
| Returned Check | $25.00 |
| Split Units | $14.00 |
| Stock Certificates (ea.) | $100.00 |
| Tenders | |
| Voluntary Per Position | $25.00 |
| Voluntary Per Position - Less than 48 Hours | $50.00 |
| Mandatory | No Fee |
| Wire Transfer | $20.00 |
| International Wire Transfer | $50.00 |
Fees & Commissions effective as of April 19, 2007. All fees subject to change without notice. |
|
Options involve risk and are not suitable for all investors. Certain requirements must be met to trade options through Investrade. On-line trading has inherent risks due to delay or loss of online services, system performance, market conditions, erroneous or unavailable market data. Investors should understand these and additional risks before trading. Before considering any option transaction, please read Characteristics and Risks of Standardized Options provided by the Options Clearing Corporation (OCC), available in Adobe Acrobat PDF format. A current copy may also be obtained by calling Investrade at 1-800-498-7120 or by mailing your request to Investrade Discount Securities, P.O. Box 9503, Fort Myers, FL 33906-9503. Because of the importance of tax considerations, Investrade recommends consulting your tax advisor before contemplating any options transaction.