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Trademonster Fees Schedule, IRA Accounts Rates, Margin Interest Rates, Cash Sweep, Stock Trading Costs, ACAT Fee in 2015



Optionshouse Fees and Trading Commission Structure


InvestmentsCommissions
Stocks and ETFs $4.95
Stocks and ETFs broker assisted $4.95
Options$4.95 + $0.50 per contract
Mutual funds $20

Investments stocks, options, mutual funds, bonds, ETFs
Optionshouse minimum deposit to open account $0 for cash account, $2,000 for margin account



Optionshouse Margin Rates


Debit Balance Margin Rate
$0 - $49,999 6.50%
$25,001 – $50,000 6.00%
$50,001 – $100,000 5.25%
$100,001 – $249,999 4.75%
$250,000 – $499,999 4.00%
$500,000 - $999,999 3.25%
above $1,000,000 2.00%



Optionshouse Fees


Outgoing Wire Fees (Domestic) $25
Domestic Check Fee $5
Overnight Check Delivery $30
Saturday Delivery Checks $25
Returned Check Fee, per Check $30
Returned ACH Fee $30
Returned Wire Fee $30
Pre-Pay Fee1 $20
IRA Closing Fee $60
Transfer and Ship (Certificate)2 $235
Certificate Processing Fee3 $75
Restricted Stock Processing Fee $205
Outgoing ACAT Transfers $75
Outgoing Partial ACAT Transfers4 $25
DRS Transfers, per transaction $115
DWAC Transfers, per Transaction $50
Voluntary Corporate Actions (Reorg/Tender Offers) $50
Debit Card Annual Fee $75
Checking Account Check Stop Payment $30
Checking Account Return Check $30
Worthless Security Held, per Qtr $15.00
Index Fees, per Contract $0.52
OTCBB (Pink Sheets)5 $0.005/share
Platinum Card Only/annual fee $45
Access Reorder Fee/15 non-duplicate $5
Spectrum Reorder Fee/150 non-duplicate $15
FINRA TAF6 More Info
Illiquid Fees More Info
Options Regulatory Fee, per Contract7
Chicago Board Options Exchange ("CBOE") $0.0086
C2 Options Exchange ("CBOE") $0.0002
International Securities Exchange ("ISE") $0.0039
NASDAQ Options Market ("NOM") $0.0015
NYSE ARCA Exchange ("ARCA") $0.0055
NYSE AMEX Exchange ("AMEX") $0.0055
NASDAQ OMX PHLX ("PHLX") $0.0045
Boston Stock Exchange ("BOX") $0.0030
International Securities Exchange – Gemini $0.0010
Regulatory Fee on Equity and Option Sales8 More Info
Execution Fees for Non-DTCC Securities9 More Info
F Share Fee10 $50
Spectrum Checks Only annual fee $30
Spectrum Checks w/ Gold annual fee $60
Gold Card Only annual fee $30
Spectrum Checks w/ Platinum annual fee $75


Single Legs


$4.95 +$0.50/contract

Spreads, Straddles, and Combos

Up to four legs except covered calls and puts

$4.95 +$0.50/contract
(One base ticket charge per spread, straddle, or combo)

Covered Calls/Puts

Treated as a single leg options trade + $4.95 for the stock leg.


Exercises and Assignments

For each exercise or assignment in a given position you will be charged $4.95


Good-Til-Cancelled (GTC)

Orders that do not fill in their entirety and remain open will be subject to separate commission charges for each day’s transactions. Only one commission charge will be incurred if a GTC order is filled in multiple lots during the same day. Standard commission rates apply – plus any relevant per-contract charges.


Modified Orders

Modifying an order cancels the original order and creates a new order. Partial fills on the original order are subject to the commission at time of order. Commissions for fills for the modified order are calculated as if it were a new order.


Selected Index Options

There is a small number of index option products for which exchanges charge additional fees to customers. To offset these exchange fees, OptionsHouse will charge $0.52 per contract on certain index products, except the VIX which will be $0.40 per contract. This charge will appear in your OptionsHouse trade ticket for affected symbols at the time of trade. For a complete list of these symbols click here.

Note: There are no additional fees for ETFs such as QQQQ or SPY.


Directed Orders

Options orders directed by a customer to a specific exchange for execution are subject to a $0.10 per contract fee. OptionsHouse also reserves the right to pass-through additional exchange fees it incurs as the result of this activity. Contact OptionsHouse for more information.


Paper Statements

A $2 handling fee will be charged for paper statements mailed to your address on record.



Pre-Pay Fee

1 Margin Accounts only. $20 per request or .20% of the principal amount above $10,000.

Transfer & Ship

2 $235-$700 or higher plus additional transfer agent fees, DTC fees, and shipping costs

Certificate Processing

3 $75.00 plus any additional transfer agent fees, DTC fees, and shipping costs

Outgoing Partial ACAT Transfers

4 Apex Clearing will charge the customer $75 directly. OptionsHouse will rebate customers $50 of the fee.

OTCBB

5 For stocks priced $2.00 or less that are not options eligible, add $0.005 per share for the entire order.

FINRA TAF

6 FINRA levies a Trading Activity Fee (TAF) for sales of covered equity securities that we pass through to you. The FINRA TAF for stock sales is currently $0.000119 per share with a per-transaction cap of $5.95. For example, if you sell 1,000 shares of stock the fee would be the number of shares [1,000] multiplied by $0.000119 which equals $0.119. The FINRA TAF for option sales is currently $0.002 per contract. For example, if you sell 100 options contracts, the fee would be the number of contracts [100] multiplied by $0.002, which equals $0.20.

Exchange Regulatory Fees

7 The following options exchanges assess an Options Regulatory Fee (referred to as the "ORF fee") on options transactions executed by its members that clear in the customer range at Options Clearing Corporation ("OCC") regardless of the marketplace of execution. The effective rate of the ORF fee is $0.0401 per contract with no minimum per trade. Fee charges will be rounded to the nearest penny.

Regulatory Fees

8 When you sell a stock or option, we include a regulatory fee which appears on your confirmation slip. OptionsHouse is required to pay this regulatory fee to the applicable regulatory agency based on the volume of securities sold. The current rate for sales of equity securities is $17.40 for every $1,000,000 in sales. OptionsHouse reserves the right to pass-through any additional regulatory or exchange transaction fees.

Execution for Non-DTCC

9 Trades in Non-DTCC Eligible Securities routinely carry with them the following pass-through charges: Execution Fee-$7.50, DTC Fee-$80.00, Deposit Fee-$75.00, and a New York Window Fee of $34.00. Additional pass-through fees from Transfer Agents ranging from $25.00 to $500.00 can also be associated with non-DTCC securities. Before placing trades in these securities, please contact the OptionsHouse Trade Desk to determine the approximate cost to trade these in addition to the OptionsHouse commission charge.

F Share Fees

10 OptionsHouse charges an additional $50 fee per transaction on F shares. F stocks refer to foreign ordinary securities that trade on the OTC Pink Sheet markets. Although these stocks trade on the pink sheets and are quoted in US Dollars, the actual settlement of shares occurs in the local market and currency where the company is registered.



Optionshouse Incentive, Review and Website Link


Read full Optionshouse Review.

Optionshouse incentive: Trade free for 90 days when you open and fund a new OptionsHouse account.

Optionshouse fees are accurate as of 2015 and are subject to change. For the most recent information go to their website:


Optionshouse Review

This article was updated on 2/6/2015.



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