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Fee Schedule

What fees (mandatory and optional) your account may see

Updated over 2 months ago

Double Platform Fee

$1/month¹

Regulatory Trading Fees (Non-commission fees)

Regulatory expenses are mandated fees passed 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 profits 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)

$125

Overnight mail – International/ Canada (per request)

$100

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

$2

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

$5

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

$5

Return mail (per piece)

$2

Paper copy request for tax docs

$50

Account Transfers

Incoming

$0

Outgoing

$75

Miscellaneous Bank Fees

Check request

$5

Returned checks/ACH/wires and recalls

$30

Returned unauthorized ACH

$30

Amendment repairs

$30

ACH notice of change/correction

$5

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

¹ For the first 6 months after signing up with your email, the platform fee is waived.

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