Commission Rates Explained
The listed rates will be applied to accounts based on previous trading activity. Your commission rate will be calculated by taking the higher of the following: 1) Total trades for the previous month or 2) The monthly average of all your trades since account inception. For example, if you did 240 trades for the month of March and your monthly average since opening your account is 378, your commission rate will be based on 378. Therefore your rate will be $12.95. A buy and sell equals 2 trades.