Wow, I see
All of this **&* scares me, but there is nowhere else to go if I want to escape PDT .. Sounds like you got a pretty good deal!! Is the service as awful as I've heard that it is?
Also, I was curious to know if they really let you have margin in a $500 account... And if OTC stocks are still not marginable even though they're overseas..
Thanks for getting back to me so quickly!
*Call-in trades are an additional $30 per ticket.
*Option exercise or assignment will be charged $30 each.
*All commission rates are negotiated. Rates shown above are only guidelines.
*For any transaction where the regular commission rate would exceed 15% of the total value, there will be a minimum of 15% or a $25 commission, whichever is greater.
There is also Section 31 regulatory fee of $0.0000256 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 4/1/2010)
* There is an FINRA TAF fee 0.000090 per share of securities sold with a maximum of $4.50 per trade. This fee is assessed for all SELL orders and is added to any total commissions charged.
* Any hard to borrow short locate fees will be passed onto the client, these fees will vary.
* Overnight short Fee - 1% Fee charged on short positions held overnight
* 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.
* 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. This is only a partial list of additional fees.
