Commissions & Fees

Low Commissions and Margin Rates
StocksYou simply get more for less at JetTrade. Compare us to the competition…our combination of low costs and value-added resources is hard to beat. Not to mention the fact that you can call and actually speak to a human being. Yes, really speak to a human being!

Stocks  
Listed Stocks1 $14.95
Nasdaq Stocks $14.95
Limit & Stop Orders $14.95
Broker Assisted Trades Add $15 to normal commission
1 Includes stocks listed on the major exchanges, such as the New York, Philadelphia, or Pacific Stock Exchanges. For listed market orders over 5,000 shares, add 1 cent per share to the entire order. Add $15 per order for broker-assisted trades. Commissions and rates are subject to change without notice.

* All Stock and Option trades have a separate $6.00 miscellaneous fee per trade.


Options
 
Buys or Sells $20 + $1.60 per contract ($29 minimum)
Combinations Considered two separate orders

* All Stock and Option trades have a separate $6.00 miscellaneous fee per trade.


Bonds
2
 
Treasury Bills, Notes, Bonds $30 plus $1.50 per bond
Munis $40 plus $1.50 per bond
Listed Corporates $29 plus $1.50 per bond
OTC Corporates $29 plus $1.50 per bond
Agencies (Treasuries, Notes & T-Bills) $30 plus $1.50 per bond
CDs $35 plus $1.00 per thousand
Mortgage Backed Securities $35 plus $1.00 per bond
Treasury Auctions $29 plus $1.00 per bond
FUND/SERV eligible Funds3 $29 for Redemptions
No-load Funds4 $29 for Redemptions
Transaction-Fee Funds $24.95
Load Funds Sales charge fixed by prospectus5
2 JetTrade may earn a principal markup or markdown in fixed income transactions.
3 Redemption fee terms and conditions vary depending on the fund. Read the fund prospectus carefully before investing.
4 Firms offering no-transaction-fee funds receive compensation from participating mutual fund companies. If you sell a no-transaction-fee fund within 90 days of purchase, a transaction fee will apply. Fund prospectuses contain more information so read carefully before investing. 5 Minimum purchase applies based on prospectus.


Fees for Non-Trading Services

Rather than passing these fees on through higher transaction fees, we believe that only those who need these services should pay for them. So, your account will be charged the following miscellaneous fees for each of the services listed below:

Under Retirement Account Fees: for ALL Retirement Accounts, there is no Opening Fee anymore. BUT there is an annual maintenance fee of $45.00. To close an IRA account the fee is $110.00.
Service  
Account transfers out $25.00
Issue stock certificate (in account holder name) $20.00
Issue stock certificate (in name other than that of account holder) $20.00
Overnight mail (upon request) $10.00
Returned customer checks $25.00
Wired funds out $15.00
Stop payment request on check $15.00
Stop payment request for Money Market check $15.00
Fed call extensions $10.00
Retirement account fees:
    • Annual Maintenance Fee
    • Closing an IRA Account Fee

$45.00
$110.00