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We offer very competitive discounts on commission fees based
on trading volumes. Please contact our office at (909) 396-8899
for full fee disclosure.
The commission for call in trade is $19.95 plus ECN fees, $14.95 plus ECN fees for online trade.
Option trade is $15 plus $1.5 per contact.
- please call for details.
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Trading Platform
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0 to 100
Transactions Per Month
|
101+
Transactions Per Month
|
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SE Global Trade
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Musashi
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GTPro
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One transaction is defined as one fully executed buy
or sell ticket.
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Discounts on future trading will be based on your equity
trading volume from the previous month. Any adjustments
will normally be made in the first week of the following
month.
ECN/Exchange Fee
Schedule
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Exchange/ECN
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Base Rate
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Per Share Charge
|
Total per 1000
shares trade
|
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NASDAQ/NYSE
|
$-
|
$0.0035
|
$3.50
|
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ISLAND (INET)
|
$-
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$0.0035 |
$3.50
|
|
ARCHIPELAGO (ARCA)
|
$-
|
$0.005
|
$5.00
|
| GlobalNet (GNET) - OTCBB |
$24.00 |
$- |
$24.00 (unlimited) |
|
Hertzog (HRZG)
|
$-
|
$0.0025
|
$2.50
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| Hertzog (HRZG) - Via tradmanage
Madware/Webtrader |
$0.25 |
$0.0025 |
$2.75 |
| Chicago (CHX) / Trademanage |
$0.50 |
$0.0075 |
$8.00 |
| VIEWTRADE - Listed - Limit |
$- |
$0.0025 |
$2.50 |
| VIEWTRADE- Listed - Market |
$- |
$0.0025 |
$2.50 |
| Trimark (TRIM) / Trademanage |
$- |
$0.0025 |
$2.50 |
| Knight Securities (NITE)
/ Trademanage |
$- |
$0.0025 |
$2.50 |
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SELECTNET- NASDAQ (BROADCAST)
|
$2.50
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$-
|
$2.50
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| SELECTNET - Preference |
$1.00 |
$- |
$1.00 |
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SELECTNET : INSTINET (INCA)
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$1.00
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$0.010
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$11.00
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SELECTNET : BTRADE (BTRD)
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$1.00
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$0.005
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$6.00
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SELECTNET : SPEAR LEADS (REDI)
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$1.00
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$0.004
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$5.00
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SELECTNET : BRASS (BRUT)
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$1.00
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$0.015
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$16.00
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SELECTNET : ATTAIN (ATTN)
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$1.00
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$0.009
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$10.00
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SELECTNET : NEXTRADE (NTRD)
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$1.00
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$0.009
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$10.00
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SELECTNET : STRIKE (STRK)
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$1.00
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$0.0066
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$7.60
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Software
Licensing Fee
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Software Licensing
Fee
|
Base Rate
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Per Share Charge
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Total per 1000
shares trade
|
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Townsend (Realtick)
|
$2.25
|
$-
|
$2.25
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Frontend (Virtual Trader)
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$1.00
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$-
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$1.00
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GTPro
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$1.25
|
$-
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$1.25
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Musashi
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$1.00
|
$-
|
$1.00
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|
SE Global Trade
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$1.25
|
$-
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$1.25
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Penson Financial Services Inc.
Miscellanous Fees
Effective January 1, 2003
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Delivery vs. Payment (Non-CNS Eligible)
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$35.00 + direct cost
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Tenders, Exchanges Reorg
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$10.00 per customer
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Account Transfer (ACATS outgoing)
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$50.00 per account
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Transfers/Customers
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$15.00 per cert. + any direct cost
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Transfers/Courtesy
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$25.00 per issue + any direct cost
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Transfers/Foreign
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$15.00 per delivery within US
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Transfers/Foreign
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$100.00 per delivery outside US
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Safekeeping charge
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$50.00 per account annually
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Inactivity fee
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$30.00 semi-annually
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Records Research
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$50.00 per hour (1/2 hour min.)
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Cancel & Correction
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$10.00 per confirmation
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DTC Fee
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$10.00 per delivery
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Reg. T Extension
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$10.00 per extension
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Rule 144 Filing
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$100.00 + direct cost
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Overnight Mail
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$25.00 per envelope
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Wire Outgoing
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$25.00 per wire
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Customer Return Check
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$25.00 per check
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Stop Payment Request
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$25.00 per request
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Foreign wire outgoing
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$50.00 per wire
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Penson Financial Services Inc.
Miscellanous Fees - margin interest rate
Effective January 1, 2003
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Debit balance
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Margin Interest
Rate
|
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Below $25,000.00
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BC + 3.00%
|
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$25,000.00 - $49,999.99
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BC + 2.75%
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$50,000.00 - $74,999.99
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BC + 2.50%
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$75,000.00 - $99,999.99
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BC + 2.00%
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$100,000.00 and above
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BC + 1.50%
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Inactive Fee will be charged in January and
July if there is no trade activity during the previous six
calendar months. Exemption: Retirement accounts.
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