Sharebuilder Penny Stock Fees
In addition to the base commission ($6.95 per trade), Capital One 360 Sharebuilder will add a $0.007 surcharge per share on market and limit order trades when the
average execution price per share is less than $1.00. The total commission (base commission + surcharge) is subject to a maximum of 15% of the principal amount of the trade, but no less than the base
This means that an order with 5,000 shares of any Pink Sheets/OTCBB/penny stock will cost you $42. This is a very high rate. It's much cheaper to trade stocks priced under $1
with one of the Best Penny Stock Brokerages.
|Stocks and ETFs||$6.95|
|Stocks and ETFs phone trades||$19.95|
|Options||$6.95 per online trade + $0.75 per contract|
|Mutual funds|| $19.95|
|Automatic Investments (stocks, mutual funds and ETFs)|| $3.95|
|Investments|| stocks, options, mutual funds, ETFs|
|Sharebuilder minimum deposit to open account|| $0|
This article was updated on 2/25/2014.