Commissions and Fees
Last updated August 2021

Commissions

Options AI charges a single flat commission for all trades.
No per contract commissions.
Trade Description
Per trade, any size
Multi-leg options (spreads)
$5
Single leg options
$5
Stock
$5
*Applicable regulatory, exchange and option clearing fees still apply. See below.

Regulatory Trading Fees

Options AI passes on applicable regulatory and exchange fees as follows:
Fee Description
Amount
OCC Options Regulatory Fee
$0.02135 / contract
FINRA Trading Activity Fee - Stock Sales
$0.000119 / share (max. $5.95)
FINRA Trading Activity Fee - Option Sales
$0.002 / contract (max. $5.95)
SEC Fee – Stock Sales
$20.70 / $1,000,000.00 in sales
*Please note regulatory and exchange fees are subject to change.

Option Clearing Fees

Options AI charges a Clearing Fee on Option transactions to cover applicable OCC Clearing Fees.
Clearing Fee
Amount
Trades with contracts of 0-999
$0.055 / contract
Trades with contracts greater than 999
$55.00/trade
*Please note Options AI does not charge a mark-up on OCC Clearing Fees to cover its own clearing fees. Clearing fees are subject to change.

Margin Rates

Description
Rate
Rate on all debit balances
7.45%

Funds and Account Transfer Fees

Fee Description
Amount
ACH Deposits & Withdrawals
Free
Incoming Domestic Wire
Free
Outgoing Domestic Wire
$25
Outgoing Foreign Wire
$45
Reorganization Wire Fee
$25 minimum
ACH Notice of Correction
$5
Check Copies
$15
Domestic Paper Check
$5
International Paper Check
$10
Overnight Mail – Domestic
$50
Overnight Mail – International
$100
Returned ACH (per return)
$30
Returned Checks/Wires and Recalls
$30
Stop Payment on Apex Issued checks
$30
Outgoing ACAT Transfers
$75
Transfers – Accommodation T&S
$235
Third Party Distribution Notification
$2
Transfer on Death Account Transfer Fee
$200
Legal Transfers (per security)
$150
Restricted Security Transfer (per security)
$465
Prepayment Fee (on unsettled amount)
Greater of 0.2% or $20
DWAC (per event)
$100
Physical Certificate Processing
$300 minimum

Fee Description
Amount
Exercise and Assignment
$5
Voluntary Corporate Actions
$50
Dividend Check (per item)
$5
Margin Sell out fee (per ticket)
$25
Short Forced Buy in fee (per ticket)
$25
Paper Confirm Fee (per confirm)
$2
Paper Statement Fee (per statement)
$5
Paper Tax Statements (per statement)
$5
Non-Transferrable Stocks (per month)
$10
DTC Delivery (per security)
$25

Miscellaneous Fees

Fee Description
Amount
Overnight Mail – Domestic
$50
Overnight Mail – International
$100
Please note, Options AI reserves the right to modify any fees and to pass through any new or amended regulatory and other third-party fees without prior notice. Please email [email protected] if you have any questions.
Last modified 27d ago