Anyone but a daytrader is going to have a hard time finding a better deal on stock and options trading. Daytraders, you’re in luck, too. You can make up to 10 free online stock trades a month with $2,500 minimum account net equity (Pattern Day Traders must maintain a $25,000 net equity balance. Please see our FAQ regarding Pattern Day Trading), and after that you only have to pay a paltry $4.50 per stock trade. This is cheap online trading at its best. Please keep in mind that only the first account of any account type is eligible for our Free Online Stock Trading program.
| Stocks & ETFs |
| Free |
$12.99 |
$9.99 |
$7.00 |
$9.95 |
| $19.99 |
$12.99
(+$45.00) |
$44.99 |
$27.00 |
Available through ING Direct only |
| Options |
$4.50
(+ $.50) |
$12.99
(+ $0.75) |
$9.99
(+ $.75) |
$7.00
(+ $1.25) |
$9.95
(+ $1.00) |
$19.99
(+ $.75) |
$57.99
(+ $0.75) |
$44.99
(+ $.75) |
$27.00
(+ $1.25) |
Available through ING Direct only |
| None |
$40.00 per/quarter
after first year |
None |
None |
None |
| None |
None |
None |
$500 |
None |
| 7.20% |
7.24% |
9.00% |
8.50% |
8.00% |
| Mutual Funds |
| $10.00 |
Free |
Free |
Free
(Free for No Transaction Fee Funds) |
Available through ING Direct only |
| $19.99 |
$45.00
+ Commission |
$49.99 |
Fund Fee
+$20.00 |
Available through ING Direct only |
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(1) Margin accounts require a $2,000 minimum.
(2) The margin comparison above is based on a $10,000 debit balance.
Disclosures:You can get a margin interest rate of 4.70% - 7.20% as long as your account meets the debit balance requirements.
Click here to learn more.
Accounts with debit balances of $50,000 or less will be charged 7.20%.
Accounts with debit balances greater than $50,000 and less than $500,000 will be charged 6.70%. Rate negotiable. Please call 877-700-STOCK (877-700-7862) to learn more.
Accounts with debit balances of $500,000 or more will be charged 4.70%. Rate negotiable. Please call 877-700-STOCK (877-700-7862) to learn more.
Competitor pricing information has been obtained as of 04/01/2008 and is believed to be accurate, but is not guaranteed.
Comparison accounts assume a balance of $10,000.
The above firms might provide for reduced fees and commissions based on account size, trading frequency,
and if certain other conditions are met.
All fees and commissions are quoted in US Dollars. All charges are subject to change with 10 day notice to you.
For mutual fund orders, please consult the prospectus for additional fees and expenses.
Partial fills on the same day will result in one commission charge.
Partial fills executed over more than one day will result in additional commission charges at a rate of one per day.
Partial fills executed over multiple days will count as one additional trade per day.
All modified open orders for partially filled trades will be considered a new trade.
Options Trading is not for everyone, and include substantial risks.
Margin borrowing carries some
risks
and may not be right for everyone.
It is important that you fully understand your financial situation, the rules of margin borrowing,
and conditions that may affect your investments.