Commissions and Fees

Last updated July 2020

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

$0.0357 / 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 support@optionsai.com if you have any questions.