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US Trading
(Prices in $US
and inclusive of GST) |
AUS Trading
(Prices in $AU
and inclusive of GST) |
| Options |
$1.50 per contract, subject to a $14.95 minimum per trade |
Standard Rates: $2.80 per contract, subject to a $27.95 minimum per trade, plus ACH Fees.
Frequent Rates#: $2.40 per contract, subject to a $23.95 minimum per trade, plus ACH Fees. |
| Stocks1 |
$14.95 total for 1 - 1,000 shares. $0.015 per share for 1,001 shares and above. |
Standard Rates: $23.95 Flat.
Frequent Rates#: $18.95 Flat. |
| Clearing Agent Fees |
|
If applicable the following fees will be charged by the Clearing Agent:
Trade Booking Correction: $27.50
Fails Administration Fee: $55.00
These fees are charged by the Clearing Agent. No part of these fees are payable to optionsXpress Australia. |
| Spreads / Straddles / Combination Orders |
Each leg of the combination (where an order consists of more than one contract) represents a trade, consequently, the standard brokerage rates above apply, subject to a $29.90 minimum per order. |
Standard Rates: $2.40 per contract per leg, subject to a $48.00 minimum per trade, plus ACH Fees.
Frequent Rates#: $2.10 per contract per leg, subject to a $42.00 minimum per trade, plus ACH Fees. |
| Covered Calls / Buy Writes |
Each leg of the combination represents a trade, consequently, the standard brokerage rates above apply, subject to a $29.90 minimum per order. |
Each leg of the combination represents a trade, consequently, the applicable brokerage rates for stock and options apply, plus ACH Fees. |
| Exercise or Assignment |
$14.95 per exercise/assignment |
$30.00 per exercise/assignment plus ACH Fees. |
| Penny Options Buy to Close |
$4.95 min. / $0.50 contract |
Less than $0.05 options in the penny options classes only. |
| Partial Fills |
If an order is partially filled one day and the balance of the order is filled on another day, two separate commissions will be charged. |
Interest Charged on Margin Balances (US Only)
| USD0 - USD49,999 |
|
Broker call* + 2.50% |
|
| USD50,000 - USD99,999 |
|
Broker call* + 1.50% |
|
| USD100,000 - USD249,999 |
|
Broker call* + 1.25% |
|
| USD250,000 - USD499,999 |
|
Broker call* + 1.00% |
|
| USD500,000 - USD999,999 |
|
Broker call* + .75% |
|
| Over USD1,000,000 |
|
Broker call* + .25% |
|
| * Broker call is a variable rate currently at
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| optionsXpress Australia offers very competitive margin rates. Compare and save. Please review our margin guidelines |
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No Hidden Fees
- No monthly minimum fee.
- No volume requirements.
- No charge for U.S. postage & handling
- No connection charges.
- No non-activity fee
- What this means
NBBO or Commission Free
At optionsXpress, you can be sure to get the NBBO on any eligible* trade. We guarantee the best price or we'll credit your commission. If you see a possible discrepancy, let us know immediately after you get the electronic confirmation of the execution. Our commitment is to provide the quickest execution at a reasonable price so you can trade with confidence.
*View our NBBO Guarantee here.
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* Broker call is a variable rate that is published daily in the Wall Street Journal and Investors Business Daily.
# To qualify for the frequent trader rate, customers must complete and maintain a minimum of 35 equity and/or option trades per quarter. Customers must request that the rate be applied.
1 Commission on Penny Stocks will be capped at 5% of total purchase price, subject to the $14.95 minimum.
ACH Fees are charged by the Australian Clearing House for option exercise/assignment ($0.55 incl GST per contract) and option trades ($1.12 incl GST per contract). In the case of index options, ACH charges $0.39 per contract including GST, for both the transaction fee and the exercise fee.
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