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Fee Schedule

What fees (mandatory and optional) your account may see

Updated over 3 months ago

Double Platform Fee

$1/month, with your first 6 months free.

Regulatory Trading Fees (Non-commission fees)

Regulatory expenses are mandated fees that we pass on to the consumer. These occur when users sell a stock or ETF, and often cost only a few pennies. These fees are automatically deducted from the proceeds of any stock sale and only occur on the sells.

Fee formulas:

  • SEC Fee = total price of transaction * $8.00 / 1,000,000

  • TAF = $0.000166 per share for each sale of a covered equity security with a maximum of $8.30 per trade.

*Fees are rounded up to the nearest penny

**Note: Regulatory Trading Fees are set by law and regulation and are subject to change without notice. Always check the current posted Double Fee Schedule

Please note when trading American Depository Receipts (ADR), fees may apply and are charged to you as the holder of the ADR.

To learn more about SEC and TAFs, check out the links below.

Account Services Fees

Overnight mail – Domestic (per request)

  • If you request or are required to receive Domestic overnight mail related to your account.

$125

Overnight mail – International/ Canada (per request)

  • If you request or are required to receive International overnight mail related to your account.

$100

Paper confirm fee (retail paper only) (per request)

  • If your email isundeliverable, you may be charged this fee for paper confirmations sent to you. Please contact Double to resolve this.

$2

Paper statement fee (retail paper only), (per statement)

  • If your email is undeliverable, you may be charged this fee for paper confirmations sent to you. Please contact Double to resolve this.

$5

Paper tax statement fee (retail paper only), (per 50 pages)

  • If your email is undeliverable, you may be charged this fee for paper confirmations sent to you. Please contact Double to resolve this.

$5

Return mail (per piece)

  • If your request or are required to receive a return mail envelope, you may be charged this fee.

$2

Paper copy request for tax docs

  • If you request a paper copy of tax documents, you may be charged this fee.

$50

ACATS - Account Transfers

Incoming

$0

Outgoing

  • If you ACATS a portfolio OUT of Double to another brokerage, you will be charged this fee.

$75

Miscellaneous Bank Fees

Check request

  • If you request a check payment, you may be charged this fee.

$5

Returned checks/ACH/wires and recalls

  • If a check/ACH/Wire needs to be returned to your bank after arriving at Double, you may be charged this fee. This can happen for insufficient funds among other things.

$30

Returned unauthorized ACH

  • If a ACH is returned due to being claimed unauthorized, you may be charged this fee.

$30

Amendment repairs

$30

ACH notice of change/correction

  • If your bank account info in entered incorrectly and we receive a Notice of Change/Correction, you may be charged this fee.

$5

Fees may change, please refer to this Fee Schedule for the latest updates.

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