|Mail Confirmation to an Online Account
|Mail Statement to an Online Account
||Outgoing International Wires
|Duplicate Historical Confirmation
||Outgoing Account Transfer9
|Duplicate Historical Statement
||Pre-Reorg Stock Certificate Deposit
|Worthless Security Removal
|Sell-Out and Buy-In Notices
||ADR Issuer Fee
||Cashless Stock Options Processing Fee
||$50 (+commission and margin interest)
||Regulatory Transaction Fee10
||$0.00231 (per $100 of stocks and options sold)
|Returned or Stopped Payments
||Trading Activity Fee11
Equities* $0.000119 per share sold
Options $0.002 per contract sold
*with a maximum charge of $5.95 per trade of 50,000 shares or more
|Outgoing Domestic Wires
Professional (Real-Time Streaming)
$121 at activation
$121 per month following activation
|NASDAQ Level II Quotes7
Canadian Investment Fee13
|$0.0005 - $0.0075 per share
7NASDAQ Level II Quotes are provided through a third-party vendor. Third-party websites, research, and tools are from sources deemed reliable. Scottrade does not guarantee accuracy or completeness of the information and makes no assurances with respect to results to be obtained from their use.
8Scottrade and Trade Ideas™ are separate companies and the information provided by Trade Ideas™ should not be attributed to Scottrade. Please research any product or service carefully before making a purchase.
9A $2,500 minimum equity balance must remain in the account; otherwise the $75 full transfer fee will apply.
10A Regulatory Transaction Fee that is assessed by Scottrade for certain regulatory costs on stock and option sell trades. Calculations of this fee are truncated to the penny (i.e. $0.01 increments). If your confirmation indicates that an average price was received, the fee amount shown is determined by first calculating the fee, then summing all those fees together and truncating to the penny
11A regulatory transaction fee that is assessed by Scottrade for certain FINRA regulatory costs on stock and option sell trades. All calculations of this fee are truncated to the penny (i.e. $0.01 increments). If your confirmation indicates that an average price was received, the fee amount shown is determined by first calculating the fee, then summing all those fees together and truncating to the penny. In certain cases this fee is capped at a maximum rate.
12Monthly fee following initial activation. Designated Professional Subscribers requesting real-time streaming quote data will be assessed a recurring monthly charge in the stated amount per user, per professional account. Monthly subscription Streaming Market Data Services (Professional Quote) fees will be automatically deducted from your Scottrade® account on the first business day of each month following activation, and each designated user, per professional account will pay for usage/services for that month.
Activation fees associated with this data also apply, will be charged to you in full during the month you begin receiving the data, without proration, and will equal the amount of the monthly fee. You remain responsible for satisfying any obligations owed to Scottrade for Streaming Market Data Services, and any other fees associated with your account.
13In addition to your Scottrade commission, brokerage fees of $.0005 - $.0075 per share may either be included in the currency conversion to U.S. dollars by the executing broker-dealer, or may execute on a net basis; which means that the executing broker-dealer would purchase the security for its own account in the foreign country in the foreign currency and then sell the security to execute your order at a higher price that includes the cost of currency conversion, fees, taxes, etc. In either case, the total fees will be included in the execution price displayed on the trade confirmation.
Detailed information on our fees can be found in the Explanation of Fees (PDF).