Commissions and Fees
Last updated April 2024
Stock & ETF Options Commission
Options AI charges a single flat commission* for each opening and closing Stock & ETF option trade with no per contract fees:
Example: Opening 10 lot SPY Iron Condor (40 contracts total) = $5
*Applicable regulatory, exchange and option clearing fees still apply. See below.
SPX Index Options Commission
Options AI charges a per contract commission* for each opening and closing Index option trade (note: the $5 per trade commission does not apply to SPX trades):
Example: Opening 1 lot SPXW Iron Condor (4 contracts total) = $1.80
*Applicable regulatory, exchange and option clearing fees still apply. See below.
Stock Trade Commission
Options AI charges a $1 flat commission* for each buy or sell stock order regardless of share quantity.
*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:
*Please note regulatory and exchange fees are subject to change.
Option Clearing Fees
Options AI charges a Clearing Fee on all option transactions:
*Please note Clearing fees are subject to change.
Exchange Proprietary Transaction Fee
Options AI charges a Transaction Fee to cover CBOE proprietary index fees on SPX options:
Margin Rates
Funds and Account Transfer Fees
Trade Related Fees
Miscellaneous Fees
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.
Last updated