Day Trading & Swing Trading Commissions and Fees

Deep Discount Commissions¹

Shares Traded Per Month

Commission ^{+/- ECN Fees}

.01

per share

.008

per share

.0065

per share

.005

per share

Daytrading Account ²

100 Shares

250 Shares

500 Shares

1,000 Shares

$1.00

$2.50

$5.00

$10.00

$0.80

$2.00

$4.00

$ 8.00

$0.65

$1.63

$3.25

$ 6.50

$0.50

$1.25

$2.50

$ 5.00

ECN	Adding Liquidity Rebate	Taking Away Liquidity Charge
ISLD	.002	.003
ISLD Listed	.00	.001
ARCA	.002	.004
INCA	.002	.003
Notes: ECN fees change frequently.
¹Many of our competitors will pass along ECN and/or routing fees. We are one of the few who give you back any liquidity rebates which can substantially reduce your commissions paid. ²Daytrading Sized Accounts (Over $25,000) do not have any per trade minimums. We are charged a minimum per trade cost on smaller accounts by Instinet and thus must pass these along to you. If your account is less than $25,000, our minimum per trade fee on stocks is $3.50. For example, if you trade 100, 200, or 300 shares your cost will be $3.50. A monthly Quote Fee ($50.00/mo) may apply for those trading under 20,000 shares per month. Does not include SEC fees. Prices, fees, costs and terms are subject to change.