- Per Share1
- Flat-Fee2
- Trades/Month
-
-
$.009 per share up to 500 shares$.005 per share thereafter
- $6.95
- 1 to 249
-
-
- $1 minimum
Active traders pay as low as $0.001 per share
with 1 million + shares per month. - $5.95
$4.95
$3.95
$2.95 -
250 to 499
500 to 999
1000 to 1999
2000+
- $1 minimum
Active traders pay as low as $0.001 per share
- Stock trades executed on RealTick or RealTick Express have a $2 minimum.
- Per Ticket and per-share commissions shown are based on specific order routing choices.
- Per-Share stock commissions, under certain circumstances, may be lower and more suitable to certain traders who execute smaller share size orders and can be especially advantageous to active individual as well as professional traders. They may provide the highest level of flexibility and speed in scaling in and out of positions.
- Flat-Fee Stock commissions, under certain circumstances, may be lower and more suitable to certain traders who execute larger share size orders and can be especially advantageous for traders who require the highest level of flexibility in execution costs.
Compare Online Brokers
 |
Scottrade | Etrade | Fidelity | OptionsXpress | Think or Swim | Schwab | TD Ameritrade | |
|---|---|---|---|---|---|---|---|---|
| Stocks | ||||||||
| Per Ticket | ||||||||
| $2.95 to $6.95* | $7.00 | $9.99 | $7.95 | $8.95 | $9.99 | $8.95 | $9.99 | |
| Per-Share | ||||||||
| 100 shares = | $2.00* | $7.00 | $9.99 | $7.95 | $8.95 | $9.99 | $8.95 | $9.99 |
| 500 shares = | $4.50* | $7.00 | $9.99 | $7.95 | $8.95 | $9.99 | $8.95 | $9.99 |
| 1000 shares = | $7.00* | $7.00 | $9.99 | $7.95 | $8.95 | $9.99 | $8.95 | $9.99 |
| Options | ||||||||
| 1 contract = | $2.75* | $8.25 | $10.74 | $8.70 | $14.95 | $10.74 | $9.70 | $10.74 |
| 10 contracts = | $9.50* | $18.25 | $17.49 | $15.45 | $15.00 | $17.49 | $16.45 | $17.49 |
| 20 contracts = | $17.00* | $32.00 | $24.99 | $22.95 | $30.00 | $24.99 | $23.95 | $24.99 |
- E*Trade pricing for flat-fee equities trades based on $7.99 per trade for those who place 150+ trades per quarter, or $9.99 per trade for those who place fewer than 150 trades per quarter.
- Fidelity pricing for flat-fee equities trades based on $7.95 per trade for all trades. Commissions may vary based on actual trading activity and/or account balance.
- OptionsXpress pricing for flat-fee equities trades based on $9.95 per trade, or $0.01/share over 1000. Commissions may vary based on actual trading activity and/or account balance.
- thinkorswim pricing for flat-fee equities trades based on $9.95 per trade up to 5000 shares; pricing for per share equities trades based on $.015 per share with a $5 minimum. Commissions may vary based on actual trading activity and/or account balance.
- Schwab pricing for flat-fee equities trades based on $8.95 per trade for all trades. Commissions may vary based on actual trading activity and/or account balance.
- TD Ameritrade pricing for flat-fee equities trades based on $9.99 per trade for all trades. Commissions may vary based on actual trading activity and/or account balance.
Disclosure: The competitive information provided here was verified as of 8/16/2010. Some of the above firms may offer reduced commissions or waive fees, including but not limited to inactivity or maintenance fees if certain account activity and/or account balance criteria are met, and may offer products or services Mastertrader.com does not offer. Some of the above firms may offer different or additional services. For the RealTick trading platform, Mastertrader charges a $250 per month platform fee unless waived by account activity. Details are on Software Fees page.
ECN and other order routing fees additional. Click here for ECN and Order Routing Fees.
The SEC charges a fee on the total dollar amount of securities sold. Click here for details.
FINRA charges a per share/contract Trading Activity Fee (TAF) on all sales of securities. Click here for details.
The CBOE charges a per contract Options Regulatory Fee (ORF). Click here for details. FAQs
Depending on usage, phone-in orders may incur an additional $20 trade fee.
Mutual Fund Trades by Phone Only 888-692-3624 or 914-686-4701
Options assignments and exercises $14.95
Negotiated commission Rates Welcome
Call 1-800-424-3934 for details
Options carry a high level of risk and are not suitable for all investors. Please read the Options Disclosure Document titled Characteristics and Risks of Standardized Options before considering any Options transactions. Copies of this document are available electronically by clicking Characteristics and Risks of Standardized Options, or by writing Mastertrader.com, 7-11 South Broadway Suite 210A, White Plains, NY 10601. Options are not suitable for all investors and you must balance the opportunities of options trading with the corresponding risks involved. Exercise and/or closing transactions are subject to commission charges. Interest charges are incurred where the underlying securities are purchased on margin.
| Security Type | Rate | Example |
|---|---|---|
| Stocks | $0.000095 per share | 1,000 share sell will incur a charge of $0.075 ($4.75 max) |
| Options | $0.002 per contract | 10 contract sell will incur a charge of $0.02 |
| Futures | $0.04 per contract | 5 contract sell will incur a charge of $0.20 |
These charges will be added to the regulatory fee section of the confirmation. For more information please click here.