Replies to post #55353 on Langlui's Big Board and Options Plays

[langlui]

Is there an annual IRA fee? and what is the closing fee for an IRA type account? Is there a additional charge for stocks priced under $1 or $2?

At OptionsHouse, for stocks priced $2.00 or less that are not options eligible, add $0.01 per share for the entire order. Customers may trade up to 50,000 shares or 4,000 option contracts per trade; trades in excess of these parameters require multiple order tickets and will be billed as separate orders.

At SogoTrade, for stocks priced under $1.00, the online commission is $3 plus ½% of the principal value. For trades of more than 100,000 shares, please contact customer service for assistance.