Options – Pricing Disclosures

Pricing Disclosure

Regulatory fees consist of a transaction fee of 0.00231% of the total dollar amount of securities sold and, starting December 1, 2016, a trading activity fee of $0.002 per contract for each sale of an option, as well as an Options Regulatory Fee of $0.0431 per contract ($0.05 minimum), applicable to all options transactions. TradeStation may pass through certain charges, including financial transaction taxes, on the purchase of foreign-related securities, such as American Depositary Receipts, that remain long in your account at the close of trading on the day of purchase. Prices, fees, costs and terms are subject to change.

  1. Per-trade options commissions, which under certain circumstances may be lower and more advantageous to larger-contract-per-order traders, are primarily designed for use by individual traders who value execution quality and speed. Per-trade and per-share commissions shown are based on intelligent order routing. An additional $0.50 per contract will be applied to all directly routed orders. An additional $0.40 per contract will be applied to all index options.

    An annual fee of $50 will apply to all per-trade equities accounts that fail to maintain an average end-of-month equity balance of at least $2,000 or place at least five (5) trades in the preceding 12 months. Accounts opened on or after March 3, 2017, or previously established per-trade equity account holders who elect to switch commission plans, will receive TradeStation, RadarScreen®, OptionStation Pro®, Portfolio Maestro®, foreign exchange (forex) and Reuters Fundamental data and Benzinga news free of charge. Qualified non-professional subscribers will also receive AMEX, NASDAQ Level 1, NYSE and OPRA data free of charge. If you currently have opened, or intend to open: (1) an other equities account under per-share, unbundled, different terms or promotions, or any other plan prior to 3/3/17; or (2) a futures account under any other plan except the single tier $1.50 per contract plan, per side, a monthly $99.95 account service fee will apply to accounts that fail to maintain an end-of-month equity balance of at least $100,000, trade at least 5,000 shares or trade at least 50 options contracts or 10 round-turn futures or futures options contracts in the preceding month.

  2. Per-contract accounts will be permitted the first 10 cancels per day free of charge. Excluding the first 10 free cancels, if the total number of cancels is more than the total number of contracts executed per day, per account, there is a $1.00 options cancellation charge per each cancel that is over and above the number of contracts executed. A cancel is defined as any user-initiated cancel/replace and/or cancel. There is an Options Regulatory Fee of $0.0428 per contract ($0.05 minimum) applicable to all options transactions.

    Cancel order examples (on a per day basis):

    1. 0 contracts filled = first 10 cancels (or cancel/replace) free, then $1 per cancel or cancel/replace.
    2. 1 contract filled = first 11 cancels (or cancel/replace) free, then $1 per cancel or cancel/replace.
    3. 10 contracts filled = first 20 cancels (or cancel/replace) free, then $1 per cancel or cancel/replace.
    4. 100 contracts filled = first 110 cancels (or cancel/replace) free, then $1 per cancel or cancel/replace.