Futures are now! Futures trading now available on tastyworks desktop!

NEW! Trade futures now on tastyworks desktop! Learn More

NEW! Trade futures on TW desktop! Learn More

Commissions & fees

COMMISSION

Options on Stock1
$1.00/contract to open
$0.00 commission to close
All stock options trades incur a clearing fee of $0.10 per contract
Options on Futures3
$2.50/contract to open
$0.00 commission to close
All futures options trades incur a clearing fee of $0.30 per contract + exchange fees
Stock2
$5.00 flat rate to open
$0.00 commission to close
All stock trades incur a clearing fee of $0.0008 per share
Futures
$1.25/contract to open
$1.25/contract to close
All futures trades incur a clearing fee of $0.30 per contract + exchange fees

MARGIN RATES

Debit Balance

Rate

Base Rate +/-

$0 - $24,999

8.00%

Base Rate + 1.00%

$25,000 - $49,999

7.50%

Base Rate + 0.50%

$50,000 - $99,999

7.00%

Base Rate

$100,000 - $249,999

6.50%

Base Rate - 0.50%

$250,000 - $499,999

6.00%

Base Rate - 1.00%

$500,000 - $999,999

5.50%

Base Rate - 1.50%

$1,000,000 +

5.00%

Base Rate - 2.00%

Base Rate = 7%. Subject to change without notice

FEES

Banking Fees

ACH Deposits & Withdrawals

FREE

Outgoing Domestic Wire

$25

Outgoing Foreign Wire

$45

Reorg Wire Fee

$25 minimum

ACH Notice of Correction

$5

Domestic Check

$5

Foreign Check

$10

Dividend Check

$5

Overnight Check Delivery - Domestic

$50

Overnight Check Delivery - International

$100

Returned Check / Wire / ACH / Recall

$30

Check Copies

$15

Stop Payment on Apex Issued Checks

$30

Outgoing ACAT Transfers

$75

Transfer and Ship Certificate

$235

Certificate Processing

$300 minimum

Certificate Processing Return

$100 minimum

Restricted Stock Processing

$205

IRA Closing Fee

$60

Annual IRA Maintenance Fee

FREE

Prepayment Fee

Greater of 0.2% or $20

Transfer on Death Account Transfer Fee

$200
Trade-Related Fees

Exercise and Assignment

$5

Options Regulatory Fee

$0.0415 / contract

FINRA TAF4 - Stock Sales

$0.000119 / share

FINRA TAF4 - Option Sales

$0.002 / contract

SEC Fee5

$23.10 / 1,000,000.00 in sales

Clearing Fees - Equities

$0.0008 / share

Clearing Fees - Options

$0.10 / contract

Clearing Fees - Futures

$0.30 / contract

Voluntary Corporate Actions (Reorg/Tender Offers)

$50

Paper Confirms

$2 / confirm

Paper Monthly and Quarterly Statements

$5 / statement

Paper Tax Statements

$5 / statement

Paper Prospectus

Regulatory Fee on Equity and Option Sales5

$2.50 / mailing

Third Party Distribution Notification

$2

DTC Delivery

$25

Mutual Fund Liquidation

$20 / fund

Regulatory Fee on Equity and Options Sales5

(see below)

Non-Transferable Security Fee

$10 / mo. per security
Miscellaneous Fees

Overnight Domestic Mail

$50

Overnight International Mail

$100
Single-Listed Exchange Proprietary Index Options Fees:

Symbol

Description

Fee Per Contract

SPX

S&P 500 Index

$0.65

RUT

Russell 2000 Index

$0.18

VIX

CBOE Market Volatility Index

$0.65

OEX

S&P 100 Index (American-style exercise)

$0.40

XEO

S&P 100 Index (European-style exercise)

$0.40

DJX

Dow Jones Industrial Average Index 1/100

$0.18

NDX

NASDAQ 100 Index

$0.18

Disclaimer
tastyworks reserves the right to modify any fees and pass-through any third party fees necessary to effectively manage your account without prior notice. If you have any questions, please send an email to customer support at support@tastyworks.com.


1 Options exchanges assess an Options Regulatory Fee (referred to as the “ORF fee”) on options transactions executed by its member that clear in the customer range at Options Clearing Corporation (“OCC”) regardless of the marketplace of execution. The effective rate of the ORF fee is per contract with no minimum per trade. The total regulatory charge will be rounded up to the nearest penny. Please note Exchange Fees are subject to change.

2 Per share fee charges may apply. Customers may pay additional market-related expenses incurred in connection with orders or related customer accounts, including cancellation fees, product specific fees, regulatory fees, and expenses associated with Make/Take fees.

3 Exchange, clearing and regulatory Fees.

4 FINRA levies a Trading Activity Fee (TAF) for sales covered equity securities that tastyworks passes through to you. The FINRA TAF for stock is currently $0.000119 per share with a per-transaction cap of $5.95. The FINRA TAF for options sales is currently $0.002 per contract.

5 When you sell an equity or an option, a regulatory fee is included on your confirmation. tastyworks is required to pay this fee to the applicable regulatory agency based on the volume of securities sold. As of July 5, 2017, the sale of equity securities is $23.10 for every $1,000,000 in sales. tastyworks reserves the right to pass-through any additional regulatory or exchange transaction fees.