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Online Brokerage Services is pleased to offer one of the most competitive commission schedules in the industry. Should you have any questions in regards to our commission schedule, please feel free to contact us at 1-866-eBank4u (322-6548) or e-mail .
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Commission Schedule |
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Equities |
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Market |
$ 14.95 |
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Limit |
$ 14.95 |
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Stop Order |
$14.95 |
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Broker Assisted |
$29.95 |
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Option Orders |
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Base |
$19.95 |
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+ Per Contract |
$ 2.95 |
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Mutual Funds |
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Call 1-866-eBank4u
(322-6548) For Current Mutual Fund Availability |
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$35.00 |
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Note:
Trades executed on Arca billed additional $0.004 per share.
Trades executed on INET billed additional $0.003 per share.
OTCBB & Pink sheet stocks will be billed addtional $10 per trade.
| IRA Account Fees |
Amount |
Acceptance Fee
This is to open the account. |
$0.00 |
Annual Fee
Not pro-rated. |
$35.00 |
Other Charges - In additional to annual fee
Termination or Transfer of existing account. |
$20.00 |
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Margin Rate |
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7.45% as of 04/04/2023
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Securities and Exchange Commission Charge |
Note: SEC charges a fee of $25.70 per $1,000,000.00 (effective April 13 2009) of market value for all SELL side orders. This fee is assessed for all SELL orders executed by Online Brokerage Services and is added to any total commissions charged. |
| NASD TAF (Trading Activity Fee) |
On October 1, 2004, the SEC approved an NASD rule filing amending the Trading Activity Fee (TAF) to reduce the TAF rate for covered equity securities** as well as reduce the maximum per trade charge on covered equity securities.
As a result of this amendment, the TAF rate has been reduced from .10 per 1000 to .075 per 1000 shares. The maximum rate has been reduced from $10.00 on a 100,000 share trade to $3.75 on a 50,000 share trade. These changes are effective November 1, 2004. |
To view Special Account Service Fees, click here.
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*IMPORTANT
INFORMATION ABOUT INVESTMENTS. NOT FDIC-INSURED. NO BANK GUARANTEE. MAY LOSE VALUE.
NOT A DEPOSIT. NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
*The term Direct Access refers to the clients ability to determine which
Exchange, ECN or Market Maker receives their order. The term does not
mean to imply that you can trade without a broker, as any transaction
would require a relationship with a registered Broker-Dealer. Securities
offered through Online Brokerage Services member NASD/SIPC, NFA.
The
risk of loss in electronic trading can be substantial. You should therefore
consider whether such trading is suitable for you based on your individual
circumstances and financial resources. Account access, trade execution
and system response may be adversely affected by market conditions, quote
delays, system performance and other factors. Extended hours trading entails
several risks including lower liquidity, higher volatility, wider spreads,
changing prices, unlinked markets, news and announcements. Not all securities,
products or services are available in all states or countries outside
the United States and nothing herein should be deemed as an offer or solicitation
of these securities, products and services in any jurisdiction in which
Online Brokerage Services is not properly licensed and registered.
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