Other Fees

For stock and ETF trades, we charge $4.95 per trade. For option trades, we charge $4.95 per trade, plus 65 cents per contract. That's it. We charge the same rates to everyone — beginner or expert, large account or small, regardless of how often you trade with us, for both market and limit orders, with no hidden fees. We think that's fair and simple.

TRADEKING adds $0.01 per share on the entire order for stocks priced less than $1.00. $100 minimum investment per order in OTCBB and Pink Sheet stocks.

Mutual Funds

Bonds + CDs

$4.95 per bond, $14.95 minimum per transaction
Treasuries $24.95 per transaction
Certificates of Deposit (CDs) $24.95 per transaction

TradeKing may act as principal on any fixed-income transaction. When acting as principal, we will add a markup to any purchase, and subtract a markdown from every sale. This markup or markdown will be included in the price quoted to you.

Credit Interest

Cash balances do not currently earn an interest. You may request that your account be enrolled in an interest-bearing Federal Deposit Insurance Corporation ("FDIC") insured deposit sweep program. Click here for current yield and more information.

Check Writing

• Base Gold product: $50 annual fee
• Platinum product: $75 annual fee
(initial order for both packages will include 40 checks)
• Check re-order (100 checks): $15
• Returned checks: $25
• Stop payments: $20
• Check copies or other research: $5
• ATM Withdrawals: $1

Please refer to the check writing application and terms and conditions for further details.

Other Fees

Account inactivity fee: None
ACAT transfer out: $50

IRA annual fee: None
IRA conversion fee (regular to roth or vice versa): $50
IRA transfer out fee: $50
IRA termination fee: $50
IRA termination fee is charged for full IRA distributions and full outgoing transfers. Only one $50 charge will apply to a full IRA transfer.

Outgoing domestic wire transfer: $20
Overnight delivery: $20
Check stop payment: $25
Returned checks: $20
Returned ACH: $20
Returned wires (applies to attempted third-party wires): $25

Stock certificate deposit processing fee: $100 per certificate
Stock certificate deposit DTC rejection fee: $175
Vault fee (restricted certificates held for missing paperwork, certificates for securities that are not DTC eligible, etc): $20 / year, charged quarterly
Outgoing DTC (electronic delivery of individual certificates via Depository Trust Company): $25 per position
Stock certificate delivery fee: $200
DWAC transfer fee: $75 per position

Transfer on death account designation: one time $50 setup fee
Paper Statements or any electronic statements requested that are older than 2 years: $2.50
Paper confirmations: $1.00
1099 request for exempt accounts: $50

Option exercise: $9.95
Option assignment: $4.95
Option position management: regular commission + $100

Margin sellouts and restricted account trades: regular commission + $20
Short stock - loan charges on hard to borrow stock: daily charge at cost. click here for more information.
Worthless securities processing: $30. Other fees may apply.

Reg T extension: $10
Late payment fee: $25
Cash purchases not paid in full by settlement date will be subject to interest charges at posted margin rates.

Foreign stock transaction fee (not ADRs): regular commission + $75
Foreign stock incoming transfer fee: $50 per position
ADR and other foreign stock semi-annual charges: At cost

Mandatory reorganization: Free
Voluntary reorganization: $50

Other transfer Agent charges may be passed through to you by our clearing firm.