Stocks & ETFs – Pricing Disclosures

Pricing Disclosures

Regulatory fees consist of a transaction fee of 0.00231% of the total dollar amount of securities sold and a trading activity fee of $0.000119 per share for each sale of a covered equity security, with a maximum charge of $5.95 per trade. 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, also known as flat-fee, equities commissions, under certain circumstances may be lower and more advantageous to larger-share-per-order traders, are primarily designed for use by individual traders. Per-trade and per-share commissions shown are based on intelligent order routing. An additional $0.004 per share will be applied to all directly routed orders. For all orders greater than 10,000 shares, an additional $0.0005 per share will be assessed for each executed share in excess of 10,000.

    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-share equities commissions, which under certain circumstances may be lower and more advantageous to smaller-share-per-order traders, are primarily designed for use by active individual, institutional and professional stock traders. 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 in the preceding month.

  3. A clearing fee of $0.0002 per share will be added to every transaction. There is no additional fee for direct routing. There is a $1 minimum fee per order up to 100,000 shares executed per month, a $0.70 minimum fee per order up to 1 million shares executed and a $.50 minimum fee per order for monthly volumes exceeding 1 million. This is only applicable for the commission. The pass-through rebate and fee are not taken into consideration for the minimum commission charge. If intelligent routing is selected, the order will be routed to the destination based on our intelligent routing algorithm, not necessarily the destination with the lowest fee or highest rebate. Care should be taken when using intelligent routing on the unbundled commission plan. In most cases, the same fee or rebate the exchanges charge TradeStation is passed on to the client, but this is not guaranteed. Some normalization does take place. 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 in the preceding month.