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Option Trade Cost
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Stock market order cost |
|
Broker |
Cost |
Cost |
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optionsXpress |
1.50 a contract/ $14.95 minimum
Optionetics Student Discount: Options -- $1.25 a contract/ $12.95 minimum |
$14.95 up to 1000 shares -- $.015 per share for 1001 shares and above
Optionetics Student Discount: Stock -- $ 9.95 minimum up to 1,000 shares -- $.01
per share for 1,001 shares and above |
|
TradeKing |
$4.95 plus 65 cents a contract
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$4.95 per trade
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OptionsHouse |
$9.95 flat rate, unlimited contracts
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$4.95 commission, unlimited shares
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Interactive Broker
|
< 10,000 monthly contracts 0.75 cents a contract
> 10,000 monthly contracts 0.50 cents a contract
both with a $1.00 minimum.
|
.5 cents a share (Example: 400 shares = $2.00)
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E*TRADE |
$6.99 + .75 (1,500+ Trades/Quarter)
$7.99 + .75 (150-1,499 Trades/Quarter)
$9.99 + .75 ($50,000+ account balance or 30-149 Trades/Quarter)
$12.99 + .75 (less than $50,000 account balance and 0-29 Trades/Quarter)
|
$6.99 (1,500+ Trades/Quarter)
$7.99 (150-1,499 Trades/Quarter)
$9.99 ($50,000+ account balance or 30-149 Trades/Quarter)
$12.99 (less than $50,000 account balance and 0-29 Trades/Quarter)
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TD AMERITRADE
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$9.95 + 75 cents a contract ($44.99 + $0.75 per contract for broker-assisted trades)
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$9.99 flat fee ($44.99 for broker-assisted trades)
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eOption |
$5 plus 25 cents per contract
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$5 unlimited shares, market or limit
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Fimat PreferredTrade
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$.95 per contract with a $9.95 minimum per order
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$9.95* (up to 5,000 shares)
*Fimat Preferred may receive payment for directing orders to a third party dealer.
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Charles Schwab
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$9.95 + 75 cents a contract online
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$9.95 if trading more than 120 or more times a year or if account balance exceeds
$1,000,000.
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WallStreetE
|
$25 plus $2.50 per contract
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NASDAQ - OTC Market Orders are $ 14.95 per trade (.02 cents per share above 1000 shares). All Other Orders, NYSE listed, Limit, Stop & GTC are $19.95 per trade + .02 cents per share plus frequent trader bonuses.
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ChoiceTrade |
Online orders for 1-20 contracts are 0.99 per contract ($5 minimum – no trade fee). Online orders of 21 or more contracts are only 0.75 per contract. $25 surcharge for broker-assisted trades. $15 for exercise and assignment.
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Equities: $5.00 for online trades; $5.00 or 1/2-cent per share all-in on Direct Pro; $25 surcharge for broker-assisted trades.
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