Commissions & Fees
Never Let Commission Costs Hold You Back Again!
Stocks
Rates Starting At:
$0.0020 share
0-5M Shares Per Month
Are You A High-Volume Trader?
Give us a call 1.888.411.1217 or chat for a special discounted rate!
Options
Rates Starting At:
$0.49
*Plus $2.99 Per Trade
Are You A High-Volume Trader?
Give us a call 1.888.411.1217 or chat for a special discounted rate!
Margin Requirements & Other Rates
Funding Your Account
Select Your Preferred Method: Wired Transfer or ACH
WIRED TRANSFER
|
ELECTRONIC TRANSFER (ACH)
You can easily set up incoming or outgoing electronic fund transfers (ACH) between your bank and eOption brokerage account, including automatic contributions to your IRA. Transfers can be made on demand or on a recurring basis. To start using ACH, you have two options:
Please submit your completed form by email, fax or mail: Please note: ACH deposits are not instantaneous and can take 1-3 days to post to your account. ACH deposits will be held for 3 business days if the amount exceeds the equity in your account. If you want to trade immediately, we suggest funding your account via wire transfer. Due to ongoing fraud and risk prevention measures, all ACH deposits must be held in your SuccessTrader account for 30 days before they can be withdrawn. If this is a concern, please consider funding your account via wire transfer since this policy does not apply to incoming wires. |
Brokerage Fees
| BROKERAGE FEES | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cancel and Re-bill | $20.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Certificate Held in Safe Keeping at HTS/Firm | $100.00 Per Year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Certificate Processing/Deposit Fee (NYSE, NASDAQ, Pink Sheets, and Bulletin Board Stocks) | $75.00 Per Cusip, Per Deposit, Plus Applicable Fees[1] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Copy of Past Confirmation | $5.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Copy of Past Statement | $5.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| DTC Non-Transferable Fee | $15.00 Per Month | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| DTC Non-Transferable Securities Held | $150.00 Annually | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| DRIP | No Charge | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| DRS Statement Withdrawal | $30.00[2] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
A DRS statement is sent only when a security is returned to the transfer agent to hold in book entry form. |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| DWAC and DRS Process Fee | $75.00 Plus Transfer Agent Fees | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Holding and Reporting Fee
Holding and Reporting Fee The following criteria are used to determine whether an account is charged the Holding and Reporting Fee (also known as an H&R fee or Inactivity Fee). The account will be exempt from the Holding and Reporting Fee if any one of the conditions below is met: • The account has at least two (2) executed securities trades during the calendar year (January 1 through December 31); • The account is an IRA or other qualified retirement plan; • The account has been open for less than 12 months as of December 31; or • The total account value exceeds $25,000 as of December 31. |
$50.00 Annually | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Index Option Exchange Fees
Index Option Exchange Fees Effective January 1, 2024 SuccessTrader will begin passing through index option exchange fees. The additional cost to trade select index options is listed below. These fees will be charged in addition to SuccessTrader’s standard commission schedule.
Index fees are subject to change without notice. |
Varies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Options Regulatory Fee (ORF) | $0.01535 Per Contract | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-ACAT Eligible Securities – Full | $75.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-ACAT Eligible Securities – Partial | $35.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-DTCC Eligible Securities | $100.00 Plus Pass Thru Fees[1] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| CAT Fee Options | $0.0035/contract | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| CAT Fee Equities Off Exchange | $0.000046/share | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| CAT Fee Equities On Exchange | $0.000035/share | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| CAT Fee OTC Equities | $0.000046/100 shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| OCC Fees | $0.025/contract | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NSCC Illiquid Securities Fee | Varies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NSCC VAR Charges | Varies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Physical Certificate Held at DTC Delivery Fee | $100.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Physical Certificate Held at Hilltop Securities, LLC in Street Name or Client Name | $150.00 Per Year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Professional Data Fees
Professional User means a subscriber who: (a) uses the Information for more than personal investment purposes; |
$125.00 Per Month | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Reg T Extension | $20.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Reorganization – Mandatory | $20.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Reorganization – Voluntary | $50.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Right or Warrant Exercise – Voluntary | $50.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Right or Warrant Exercise – Mandatory | No Charge | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| SEC Transaction Fee
SEC TRANSACTION FEE – NEW RATE EFFECTIVE 5/22/2024 Effective May 22, 2024, the Section 31 fee rate applicable to specified securities transactions on the exchanges and in the over-the-counter markets will increase from its current rate of $8.00 per million dollars in transactions to a new rate of $27.80 per million dollars in transactions. For more information on the term “charge date,” please refer to Rule 31(a)(3) and Exchange Act Release No. 49928 http://www.sec.gov/rules/final/34-49928.htm. How to Calculate: Multiply the sale/principal amount of the transaction by the fee rate. Truncate at the seventh place after the decimal point. Truncate the resulting figure at the fifth place after the decimal point and round up to the nearest cent (Always round up if there is a remainder). For more information visit the FINRA web site http://www.sec.gov/divisions/marketreg/mrfreqreq.shtml. Updates to fees are made on a best efforts basis, however all fees are subject to change without notice. For current information and updates, please refer to the appropriate web site. |
Varies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Short Stock Hard to Borrow Fee
Short Stock Fee Based on the recent changes to the short stock rules and increased difficulties to borrow stock, our clearing firm, Hilltop Securities, Inc. will be passing on charges for shorting stock that they must locate outside of their firm. These stocks are typically called hard to borrow securities. The fees can be charged daily and posted to the customer’s account the following business day for settled positions. The formula for the Hard to Borrow fee (HTB) is the rate times the principal value divided by 360 to come up with the daily charge. The principal value of the security is calculated by taking the securities price at the end of the previous trading day then multiplied by 1.02 (102%), the figure is then rounded up to the nearest dollar amount. Updates to fees are made on a best efforts basis, however all fees are subject to change without notice. For current information and updates, please refer to the appropriate web site. |
Varies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Statements & Confirms | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Electronic Statements | Free | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Electronic Confirms | Free | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Paper Statements | Free | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Paper Confirms | $1.00 Per Trade | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tenders | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Voluntary Per Position | $50.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Mandatory | No Fee | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Trading Activity Fees (TAF)
Trading Activity Fees (TAF) Trading Activity Fees (TAF) are passed through to customers as part of normal transaction processing. Effective January 1, 2024, the Trading Activity Fee (TAF) rate for sales of covered equity securities will increase from $0.000145 per share for each sale of a covered equity security to $0.000166 per share, with a corresponding increase to the per-transaction cap for covered equity securities from $7.27 to $8.30. The new rate will apply to any sale of a covered equity security subject to the TAF occurring on or after January 1, 2024. The FINRA (TAF) for option sales is currently $0.00244 per contract will increase to $0.00279 per contract and fees for covered debt securities are $0.00092 per bond will increase to $0.00105 per bond, with a maximum assessment of $0.92 per trade will increase to $1.05 per trade (based on 1,000 bonds). As an industry transaction standard, FINRA levies a Trading Activity Fee (TAF) on the sale of covered securities pursuant to Section 1 of Schedule A to the FINRA By-Laws. The text of the rule is available in the online FINRA Manual. Updates to fees are made on a best efforts basis, however all fees are subject to change without notice. For current information and updates, please refer to the appropriate website. |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stocks & ETF’s | $0.000166 per share (max. $8.30 per trade) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Options | $0.00279 Per Contract | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Covered Debt Securities | $0.00105 Per Bond (Max. $1.05 Per Trade) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Transfer and Ship Request | $550.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Transfer Out – Full | $60.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Transfer Out – Partial | $50.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Margin Rates & Requirements
| AS OF 12/23/24 THE CURRENT BASE RATE IS 9.45% | ||
|---|---|---|
| Less than $25,000 | Base Rate | 9.45% |
| $25,000-$49,999 | Base Rate -0.50% | 8.95% |
| $50,000-$99,999 | Base Rate -1% | 8.45% |
| $100,000-$249,999 | Base Rate -2% | 7.45% |
| $250,000+ | Base Rate -3% | 6.45% |
- Base Rate is set by comparing various commercial interest rates, such as brokers call, internal and external cost factors and other competitive factors. The Base Rate is subject to change without notice.
ACH/Checks/Wires
| BROKERAGE FEES | ||
|---|---|---|
| ACH Recall/Reversal/Return | FREE | |
| Wire Transfers | ||
| Wire Transfer | $30.00 | |
| Recalled Wire | $50.00 | |
| Returned Wire | $50.00 | |
| Returned Check | $40.00 | |
| Overnight Check Fee | $20.00 | |
- Base Rate is set by comparing various commercial interest rates, such as brokers call, internal and external cost factors and other competitive factors. The Base Rate is subject to change without notice.
CAT Fee
CAT Fee states that starting September 1st, 2024, option and equity transactions will have an applicable CAT Fee Rate of $0.000035 per executed equivalent share in order to recover a portion of the 2024 CAT costs.
The CAT executed share equivalent is as follows:
- 1 executed share in an NMS Stock = 1 executed equivalent share
- 1 executed share in an OTC Equity Security = 0.01 executed equivalent share
- 1 Listed Option executed contract = 100 executed equivalent shares (or, if different, the applicable contract multiplier)
NSCC VAR Charges
NSCC (National Securities Clearing Corp.) VAR (Value at Risk) Charges result when a larger position is held overnight in an equity that NSCC deems to be “volatile”.
The NSCC list includes stocks that have volatile price action and may change daily. The fee may be up to the dollar amount of the position held overnight charged at an interest rate of 10.50%.
This fee is applied to customer accounts on a monthly basis.
CAT Fee Catch-Up
CAT Fee Catch-Up states that starting October 1st, 2024, an additional applicable CAT Fee Rate of $0.000013 per executed equivalent share will be charged to recover historical CAT costs for the period between 2012 and 2021. This fee will continue until the historical costs are recovered, estimated to last approximately 2 years.
The CAT executed share equivalent is as follows:
- 1 executed share in an NMS Stock = 1 executed equivalent share
- 1 executed share in an OTC Equity Security = 0.01 executed equivalent share
- 1 Listed Option executed contract = 100 executed equivalent shares (or, if different, the applicable contract multiplier)
For Our BEST Rates, Call or Chat Now
1.888.411.1217
st@regalsecurities.com
* Be Sure to Mention "MIC" on the phone or chat for special discounted rates!