|
Miscellaneous Fees
|
Type |
Cost |
|
Returned Check |
$25 |
|
Stop Payment within 10
days |
$25 |
|
Certificate
Deposit Fee |
$75 |
|
Certificate
Transfer Agent Fee |
$35 |
|
Certificate
DTC Fees |
$44 |
|
Certificate Process Fee |
$300 |
|
DWAC or DRS Process Fee |
$300 |
|
ACAT, Outgoing |
$50 |
|
Overnight Mail |
$20 |
|
Voluntary Corporate Actions |
$20 |
|
IRA Annual Maintenance
Fee |
$35 |
|
IRA Set-up Fee |
$25 |
|
IRA Termination Fee |
$20 |
|
Wire-Domestic |
$25 |
|
Wire-Foreign |
$50 |
|
Inactivity Fee - Quarterly if
under 15 Trades |
$30 |
*
There is a regulatory fee of $0.0000192 of the
total dollar amount of securities sold. This fee
is assessed for all SELL orders and is added to
any total commissions charged. (as of 2/22/2011)
*
There is an
FINRA TAF fee 0.00009 per share of securities
sold with a maximum of $4.50 per trade. This fee
is assessed for all applicable SELL orders and
is added to any total commissions charged (as of
2/22/2011)
* Certificate,
DWAC and DRS
deposits and transfers may incur substantially
higher fees based on various factors that are
not listed on this page.
* Trading non-DTC
eligible securities will incur additional
settlement fees including; a DTC PROC fee $75,
DTC TRF fee $80 and shipping fee $40 (when
necessary). There will also be a NYW fee and a
TRF AGENT fee, which will vary and may be
substantial.
* When a customer
sells more than 25% of the average daily trading
volume of a stock trading below $1 per share
during any 3 business day settlement period,
there may be an NSCC illiquidity requirement or
charge. These requirements or charges will vary
substantially. If the requirement is greater
than $50,000, the trades will be bought in on
Trade date + 1. If a requirement of greater than
$50,000 is incurred a second time on the same
account in any 90 day period, the account will
be frozen for 90 days. Illiquid stocks trading
below $.01 per share will be adjusted to $.01
and then the account will be charged based on
this formula
((Share Quantity x .01) - Trade Value) x (# of
days until settlement/365) x 10%.
*
The fee information listed here is for
informational purposes only. These fees are
subject to change at anytime and those changes may
not be accurately reflected on this page.
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