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| Per-Ticket equities 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. Per-Share equities 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. Per Ticket and per-share commissions shown are based on specific order routing choices.
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 E-mini Futures trades are subject to exchange and NFA fee. 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. An investment in futures contracts is speculative, involves a high degree of risk and is suitable only for persons who can assume the risk of loss in excess of their margin deposits. The high degree of leverage that is often obtainable in futures trading can work against you as well as for you and, as a result, can lead to large losses as well as gains. If you purchase or sell a futures contract, you may sustain a total loss of your initial margin funds and any additional funds that you may deposit to establish or maintain your position. If the market moves against your position, you may be called upon to deposit a substantial amount of additional margin funds, on short notice, in order to maintain your position. If you do not provide the requested funds within the prescribed time, your position may be liquidated at a loss, and you will be liable for any resulting deficit in your account. Under certain market conditions, you may find it difficult or impossible to liquidate a position. You should carefully consider whether futures trading is appropriate for you in light of your investment experience and objectives, financial resources and other relevant circumstances. For further information about the risks of futures trading, please read: Futures Risk Disclosure Statement Electronic Trading and Order Routing Systems Disclosure Statement *During regular business hours, normal market/business conditions and normal systems’ functioning. |
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| Mastertrader.com reserves the right to make changes to any of the programs, special offers, and promotions described in this site at any time without notice or liability. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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The risk of loss in electronic trading can be substantial. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources. System access and trade executions may be delayed or fail due to market volatility, system failure, high volume or other factors. To read important disclosures, click on the following four links Day Trading Risk Disclosure, Margin Disclosure, Futures Risk Disclosure and the Characteristics and Risks of Standardized Options. All securities and futures are offered by Mastertrader.com, member FINRA, NQX, NFA, NYSE Arca, & SIPC. |
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