
| Investments and Brokerage.......... << back |
Online Commission and Fee Schedule
Equities
Shared Amount |
Commission Formula |
1—1000 shares |
$29.95 |
1001 shares and over |
$0.03 per share (retroactive to share 1) |
minimum commission charge: |
$29.95 |
Options
Contract Amount |
Commission Formula |
1 contract and over |
$29.95 + $1.75 per contract |
minimum commission charge: |
$31.70 |
Bonds
US Government, Municipal, Corporate and Zero Coupon bonds
Auction and agency transactions: $50 per issue.
Secondary transactions: fee charged is a factor of the coupon, size of the order, credit quality, maturity date, other features of each issue, and is included in the price per bond.
Please contact your Registered Representative or our Trading Desk toll-free at 1-800-779-0957 for additional information.
Mutual Funds
No-load funds: $25 transaction fee per security.
Load Mutual funds and Unit Investment Trusts are charged as indicated in the prospectus.
Margin Accounts
Debit Balance |
Broker Call Rate plus |
over $50,000 |
0.75% |
$30,000—$49,999 |
1.50% |
$10,000 - $29,999 |
2.00% |
under $9,999 |
2.75% |
Required minimum equity is $2,000.00 |
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Miscellaneous Fees
IRA Accounts |
|
$35 |
|
$0 |
|
$75 |
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Wire Fee |
$20 |
Returned Check |
$30 |
Reorganization/Voluntary Tender Fee (per item) |
$20 |
Reorganization/Physical Tender Fee (per item) |
$20 |
Margin/Cash Trade Extension |
$20 |
Foreign Securities Surcharge |
$75 |
Foreign Fixed Income Securities Clearance |
$50 |
Foreign Securities Safekeeping (per item per quarter) |
$5 |
Confirmation Handling Fee |
$3 |
Securities Delivery Charge (per item) |
$60 |
Securities Safekeeping (per item per month) |
$2 |
Foreign Securities Safekeeping (per item per quarter) |
$5 |
Legal Transfers |
$60 |
Dividend Reinvestment (per position & event) |
$1 |
Outgoing Full Account Transfer Fee |
$75 |
Inactive Account Custody Fee1 |
$50 |
1Does not apply if 1 trade is executed per year.
The above fees are IronStone Securities fees and do not reflect other standard nominal charges levied by the securities industry. All rates, fees and commissions are subject to change without notice.
INVESTMENTS IN SECURITIES, ANNUITIES AND INSURANCE: |
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Are Not FDIC Insured |
Are Not Bank Guaranteed |
May Lose Value |
Brokerage services are offered through Ironstone Securities, Inc. Member FINRA/SIPC |
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