Pricing
STOCKS/
ETF'S
Commission Free
Open AccountINCLUDES:
Online Investing Dashboard Follow Account Balances, Orders, and Position Summary for One or More AutoShares Accounts.
Watchlists Create Watchlists for Stock and ETFs
Charts and Studies Technical Analysis and Trade from Charts.
Advanced Order Types Stops, Trailing Stops, OTO, OCO orders.
Tools for Active Traders Configure Layouts, Functionality, News, Studies, Widgets, Screen Web, Mobile, IOS, Android
AUTO TRADE
$4.95 Per Trade
Open AccountINCLUDES:
Automated Trade Execution Stocks, Options, ETF's and Mutual Funds Complex Options Orders Including Option Rolls, Credit Spreads,Debit Spreads,Iron Condors, and more.
Automatic Investing Schedule and Automate Funding Investments for Accounts
Schedule Automatic Trade Execution of Trades on a Particular Day/Time
Trade Notifications Trade Notifications Everywhere You Are
Available Everywhere Mobile, Web, IOS, iWatch, Android.
OPTIONS
Commission Free
+ Per Contract Rate
INCLUDES:
Online Investing Dashboard Available for Directional Options and Spreads
Options Chains and Orders View Options Chains Integrated Trade Ticket
Directional Options Trading Trade Calls and Puts
Options Spread Trading Up To 4 Legs, Complex Option Strategies Condors, Butterfly, Calendar Spreads, Collars, and more.
Advanced Order Types Stops, Trailing Stops, OTO, OCO Orders for Options.
Available Everywhere Mobile, Web, IOS, iWatch, Android.
PRICING
STOCKS | $0 |
OPTIONS | Available at launch |
Option Exercises or Assignment | $5 per assignment |
Includes API, Web, and Mobile Apps.
Regulatory and exchange fees are debited to customer.
*CBOE proprietary exchange fees in listed index options SPX, VIX, RUT, NDX, DJX, NDX, OEX, XEO are debited to customer.
Self-Directed Autotrading
AutoShares AutoTrading Platform enables you to perform self-directed autotrade execution based on the trade alerts of third-party investment newsletter publishers, third-party research publications, and trade signal publishers you are subscribing to independently of AutoShares.
PRICING
STOCKS | $0 |
OPTIONS | Available at launch |
Option Exercises or Assignment | $5 per assignment |
Includes API, Web, and Mobile Apps.
Regulatory and exchange fees are debited to customer.
*CBOE proprietary exchange fees in listed index options SPX, VIX, RUT, NDX, DJX, NDX, OEX, XEO are debited to customer.
Margin Rates** | < $25,000 – FFR+700 bps |
$25,001 – $100,000 – FFR+600 bps | |
$100,001 – $250,000 – FFR+500 bps | |
$250,001 – $1 million – FFR+400 bps | |
$1 million – $5 million – FFR+300 bps | |
$5 million and above – FFR+200 bps |
Stocks | Exchange Fees |
---|---|
AUTO | FREE* |
ARCA | $0.005 per share |
BATS | $0.005 per share |
NSDQ | $0.005 per share |
Options | Exchange Fees |
AUTO | Free* |
Other Routes | Free* |
Routes Description | Free* AUTO, AMEX, BOX, C2, CBOE, GEMINI, ISE, SWEEP, MIAX, NQBX, PHLX |
CBOE | CBOE Exchange Fees |
$SPX | +.65 cents per contract |
$RUT | +.18 cents per contract |
$NDX | +.18 cents per contract |
$OEX | +.40 cents per contract |
**Routing fees are subject to change without prior notice. If necessary, we reserve the right to debit your account for any venue, routing, or exchange fees based on vendor changes in routing rates. We reserve the right to mark up or adjust any routing fees at our sole discretion. Clients trading on our per trade or per share rate plans are not eligible to receive rebates unless agreed to in writing by management. There may be other routes available that are not listed here, which may charge a fee. You should always call and check the fee on any route before using it.
Regulatory Fees | Multiplier |
---|---|
SEC Sec. 31 Fee (Stocks) | ($0.0000221 * value of aggregate sales rounded to the nearest penny) SEC Fee = Total price of transaction * 22.10 / 1,000,000 |
FINRA TAF Fee (Stocks)Finra TAF Fee | ($0.000119) Covers sales of exchange registered securities whenever executed. Multiply this amount by the number of shares sold. $5.95 Maximum.$0.002 per contract for each sale of an option |
Options Regulatory Fee (Options) | ($0.0357) Per U.S exchange listed option contract |
Options Clearing | |
OCC Fees | Options Clearing Corporation |
There is a Section 31 regulatory fee of .0002210 of the total dollar amount of securities sold. This fee is assessed for all SELL orders and is added to any total commissions charged. (as of Jan 2020)
There is a FINRA TAF Fee $0.000119 per share of securities SOLD with a maximum of $5.95 per trade. This fee is assessed on all SELL orders and $0.0002 per option contract and is added to any total commission charged.
ORF and OCC Fees are assessed on all options trades and exchange fees are listed on the statement under Regulatory Fees.
Low Priced Securities
Stocks priced under $1.00 are subject to different routing charges.
For share prices less than $1.00, 30 basis points times the total trade value will be charged.
Rule 606 Disclosure
The Firm, in its efforts to seek best execution, routes client orders to national securities exchanges, alternative trading systems (ATSs), including electronic communications networks (ATS) and other market centers. Certain market centers offer credits (deemed payment for order flow) for orders that provide liquidity and may charge access fees for orders that take liquidity. In some cases, the credits offered by a market center may exceed the charges assessed, such that a market center may make a payment to ViewTrade Securities in relation to orders directed to such market center. In addition, ViewTrade Securities routes orders to broker dealers who are market makers in securities.
Fee Schedule Effective January 1, 2021*
ADR Creation/Cancellation | $35 plus pass thru fee from ADR Sponsor, third parties |
DK Items | $20.00 per item |
DK Items on DVP Trades | $25 per item plus interest (FFR+5%) |
Domestic Voluntary Corp Actions/Reorganization | $50 per cusip per account |
DRS Transaction | $75 per security |
DTC Free Deliveries | $2 per security |
DWAC | $75 per event |
DWAC/DRS Reject | $125 per security |
Electronic delivery of confirms/statement/tax doc | no charge |
Electronic to physical certificate conversion | $900 per security |
Escheatment Processing | $75.00 per account |
Foreign Security Free Deliveries/Receives | $50 per movement |
In-Bound ACATSs | no charge |
Out-bound ACATs | $75 per ACAT |
In-coming Wire Fees | no charge |
International Voluntary Corp Action/Reorganization | $100 per cusip per account |
Involuntary Reorgs | waived |
Lost Certificate Replacement | 3% of certificate value ($250.00 minimum) |
Low Priced Securities | $0.0002/shr with 5% notional trade value max. |
Margin Extensions | $25 per event |
Margin Sell out Fee | $25 per ticket |
Margin Rates** | < $25,000 – FFR+700 bps |
$25,001 – $100,000 – FFR+600 bps | |
$100,001 – $250,000 – FFR+500 bps | |
$250,001 – $1 million – FFR+400 bps | |
$1 million – $5 million – FFR+300 bps | |
$5 million and above – FFR+200 bps | |
Non-transferable stock held | $10 per month per stock |
NSCC Illiquidity Fee | $250 per trade plus 15% interest/annum on NSCC charge |
Option Exercise/Assignment | $5 per symbol per account |
Out-going Wire Fees – Domestic | $20 per wire |
Out-going Wire Fees – International | $30 per wire |
Overnight mail | as incurred pass thru |
Paper check Draft (USD) | $5 per check |
Stop payments on Issued Checks | $30 per check |
Check Copies | $15 each |
Returned Checks/ACH Wires Recalls including Amendments | $30 per transaction |
ACH Notice of Correction | $5 per notice |
Confirmations | $2 per confirm |
Statements | $5 per statement |
Paper Prospectus Mailing | $2.50 per mailing |
TOD Account Transfer Fee | $200 per transfer |
Physical security deposits | not permitted / $500 if exception made |
Physical Trade Settlement – not always known upfront | $300 per security |
Postage for Paper confirms | $2 per daily confirm |
Postage for Paper statements, tax docs | $5 per item |
Reg 144 Sales | fees will vary. Need to confirm in advance |
Reorg Physical Processing Fee | $125 plus transfer agent fees |
Reorg Wire (UDS) | $20 per item |
Reorg Wire (International) | $30 per item |
Restricted Transfers | $465 per security |
Retirement Accounts | $30 annual maintenance – $60 termination |
Returned Mail | $2 per item |
Safe Keeping – certificates | $5 per month per account per cusip |
Short Buy-in Fee | $25 per ticket |
Standard Legal Transfers | $150 per security |
Stock Borrow Fee | Fee set by market – pass thru as incurred |
Trade Corrections | $10 per item |
*ALL FEES SUBJECT TO CHANGE WITHOUT NOTICE 
**AutoShares charges margin interest based on a tiered rate structure. Margin interest rates are calculated based on the average daily margin balance and assessed monthly. Margin interest rates are subject to change at the sole discretion of the Firm and without prior notice.
Option Rates (Based on Monthly Volume) Per Contract Fees
** Pricing subject to change at any time.
# | Monthly Volume | Per Contract Fee | Minimum Per Order |
---|---|---|---|
1 | 0- 500 Monthly Contracts | $.75 cents per contract | - |
2 | 501 -4999 Monthly Contracts | $.50 cents per contract | - |
3 | 5000-10000 Monthly Contracts | $.35 cents per contract | - |
4 | 10,001+ Monthly Contracts | $.25 cents per contract | - |