Commissions, Fees & Margin Rates (2024)

Options On Stock

$1.00 / contract to open

$0.00 commission to close

All stock options trades incur a clearing fee of $0.10 per contract + regulatory fee.^1,4
Equity option commission capped at $10 per leg.³

Stock

$0.00 commission to open

$0.00 commission to close

All stock trades incur a clearing fee of $0.0008 per share + regulatory fee.^2,4

Fractional Shares

$0.00 commission to open

$0.00 commission to close

All fractional shares incur a clearing fee of $0.10 per transaction.

Cryptocurrencies

$0.00 commission to open

$0.00 commission to close

Zero Hash receives a 35bp markup/markdown of the executed order price of which tastytrade receives 65%.

Options on Futures

$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 + NFA fee.

CME Event Contract Futures Options

$0.50 / contract to open

$0.00 commission to close

All CME event contract futures options trades incur a clearing fee of $0.05 per contract + exchange fees + NFA fee.

Options on Micro Futures

$1.50 / contract to open

$0.00 commission to close

All futures options trades incur a clearing fee of $0.30 per contract + exchange fees + NFA fee.

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 + NFA Fee.

Micro Futures

$0.85 / contract to open

$0.85 / contract to close

All futures trades incur a clearing fee of $0.30 per contract + exchange fees + NFA Fee.
To view a list of available futures contracts and exchange fees, please clickhere.

Smalls Futures

$0.25 / contract to open

$0.25 / contract to close

All smalls futures trades incur a clearing fee of $0.05 per contract + exchange fees + NFA Fee.
To view a list of available smalls futures contracts and exchange fees, please clickhere.

Broad-Based Index Options

$1.00 / contract to open

$0.00 commission to close

All broad-based index options trades incur a clearing fee of $0.10 per contract + regulatory fee^1,4 + Single-Listed Exchange Proprietary Index Options Fee (see table below).
Broad-based index options are excluded from the capped commission offer.

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

$50

Incoming & Outgoing DRS transfers

$115 per symbol

Option Exercise / Assignment

$5

Options Regulatory Fee

$0.02815 / contract

FINRA TAF ⁴ - Stock Sales

$0.000166 / share

FINRA TAF ⁴ - Option Sales

$0.00279 / contract

SEC Fee ⁵

$27.80 / $1,000,000 in sales

Clearing Fees - Equities

$0.0008 / share

Clearing Fees - Options

$0.10 / contract

Clearing Fees - Futures

$0.30 / contract

Clearing Fees - Warrants

$20 / transaction

Clearing Fees - Fractional Shares

$0.10 / transaction

NFA Fee

$0.02 / contract

Voluntary Corporate Actions (Reorg/Tender Offers)

$50

Warrant Exercise Fee

$50 / instruction

Treasury Bill Fee

$25 / transaction

Paper Confirms

$2 / confirm

Paper Monthly and Quarterly Statements

$5 / statement

Paper Tax Statements

$5 / statement

Paper Prospectus

$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

ADR Fees ⁶

Overnight Domestic Mail

$50

Overnight International Mail

$100

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. Applicable exchange, clearing, and regulatory fees still apply to all opening and closing trades.
4. FINRA levies a Trading Activity Fee (TAF) for sales covered equity securities that tastytrade passes through to you. The FINRA TAF for stock is currently $0.000166 per share with a per-transaction cap of $8.30. The FINRA TAF for options sales is currently $0.00279 per contract.
5. When you sell an equity or an option, a regulatory fee is included on your confirmation. tastytrade is required to pay this fee to the applicable regulatory agency based on the volume of securities sold. As of May 20, 2024, the sale of equity securities is $27.80 for every $1,000,000 in sales. tastytrade reserves the right to pass-through any additional regulatory or exchange transaction fees.
6. When trading American Depository Receipts (ADR), fees may apply and are passed through.
7. XSP contract fees are as follows $0.00 for less than 10 contracts per leg and $0.07 for 10 contracts per leg or more.