Product(s):
Stocks, Options, Futures, Forex, Bonds
Special Note:
Online Trading Commissions:
Equities:
They has 3 pricing structures depending on the trade frequency
$19.95 + $0.02 per share for up to 36 yearly trades
$14.95 + $0.02 per share with 37-120 yearly trades
$9.95 + $0.02 per share with 120+ yearly trades
Options:
When Smart Routed, $19.95 + $1.50 per contract
When Direct Routed, $19.95 + 3.50 per contract
Minimum Initial Deposit: $5,000
Miscellaneous fee:
$40 monthly activity fee for balances under $2,000 and $20 for balances above $2,000
$10 monthly maintenance fee applies to TRADEX/IB account
$25 safekeeping fee when there are less than 2 trades during a calendar year
$5 per account ACAT from Penson
See the complete list.
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