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Pricing
Pricing
Trading the U.S. markets, now commission-free
Introducing $0 commissions on online U.S. listed stock, ETF, and option trades* for all new and existing clients. When you add this to our best-in-class platforms, comprehensive education, and local service, you'll see why TD Ameritrade is the smarter way to trade.
Enjoy zero commissions and low fees
Stocks & ETFs
Trade unlimited shares for $0.00 per trade.
Note: $0 commission applies to U.S. exchange-listed stocks and ETFs. A USD$7.44 commission applies to online trades of over-the-counter (OTC) stocks, which includes stocks and ETFs not listed on a U.S. exchange.
Options
USD$0.70 per contract, with no ticket charge, exercise or assignment fees. Option fees are waived when you buy to close any short individual or single leg option for USD$0.05 or less.Futures &
Futures OptionsUSD$2.41 per contract (plus exchange & regulatory fees).
Exchange and Regulatory Fees
Exchange fees vary by exchange and by product. Please visit the appropriate exchange for a list of the associated fees. Please note, the National Futures Association (NFA) also charges a fee of USD$0.02 per contract.- *There may be other trading fees involved. Please refer to the fee table below.
TD Ameritrade Clearing, Inc. Charges
- Trading Fees
- Stocks Deposits & Transfers
|
Type |
Fee |
|---|---|
|
"Section 31" Fee 2 |
Fees $0.0000229 per $1.00 of transaction proceeds |
|
Hard to Borrow Fee (based on market rate to borrow the security requested) |
Fees Varies |
|
Stock Option Exercise/Assignment (per strike) |
Fees $0 |
|
Reorg and Tender Offers (per item) 3 |
Fees $38 |
|
Warrant Exercise Fee 4 TD Ameritrade Clearing, Inc. charges this fee for exercising warrants in your account. |
Fees $38 |
|
Options Regulatory Fee (ORF) 5 |
Fees $0.011261 |
|
Trading Activity Fee 6 |
Fees
$0.000130 per equity share |
|
American Depository Receipt (ADR) Fee 7 |
Fees “ADR pass-through fees” are charged by banks that custody ADRs (ADR agents). The fees are charged to companies that allow their clients to hold ADRs, such as TD Ameritrade, and then those fees are passed through to the client that owns the ADR. The fee normally averages from one to three cents per share, however the amount and timing of these fees can differ by ADR and are outlined in the ADR prospectus. Certain countries charge additional pass-through fees (see below). |
|
French Financial Transaction Tax (FTT) Ordinary & ADR - all opening transactions in designated French companies will be subject to the French FTT. View impacted securities. | TD Ameritrade 0.30% of the total transaction cost |
|
Italian Financial Transaction Tax (FTT) Ordinary & ADR - all opening transactions in designated Italian companies will be subject to the Italian FTT. View securities subject to the Italian FTT. | TD Ameritrade 0.10% of the total transaction cost of in scope equities and other financial instruments, and a flat amount which ranges from EUR0 .025 to EUR 200 depending on the relevant instruments and on its notional value for derivatives, traded on a regulated market or multilateral trading facility in a EU Member State. |
|
Spanish Financial Transaction Tax (FTT) Ordinary & ADR - all opening transactions in designated Spanish companies will be subject to the Spanish FTT. View impacted securities. | TD Ameritrade 0.20% of the total transaction cost. |
|
Foreign Security (Non-Canadian OTC stocks) |
Fees $44 + applicable commission and all applicable local market charges (as of 03/11/22) |
|
Restricted Security Processing |
Fees $250 |
|
Futures Options Exercise and Assignment Fee |
Fees Futures commission + exchange fees |
|
Reg T Extension |
Fees $25 |
|
Forced Sell-out |
Fees $25 + commission |
|
Select Index Options Will Be Subject to an Exchange Fee Beginning 1/2/2020 |
Fees |
|
Paper Monthly Statements by U.S. Mail |
Fees $20 |
|
Paper Trade Confirmations by U.S. Mail |
Fees $20 |
1 All service fees are listed in USD and
are subject to change. Pass-through fees charged to TD Ameritrade Singapore will be passed on to the client's
account.
2 The "Section 31 Fee" applies
to certain sell transactions, assessed at a rate consistent with Section 31 of the Securities Exchange Act of
1934. TD Ameritrade remits these fees to certain self-regulatory organizations and national securities exchanges,
which in turn make payment to the SEC. These fees are intended to cover the costs incurred by the government,
including the SEC, for supervising and regulating the securities markets and securities professionals. The rate is
subject to annual and mid-year adjustments which may not be immediately known to TD Ameritrade; as a result, the
fee assessed may differ from or exceed the actual amount of the fee applicable to your transaction. Any excess may
be retained by TD Ameritrade. Fees are rounded to the nearest penny.
3 Mandatory and voluntary offers.
4 Plus the subscription cost per share.
5This fee varies by options exchange, where an
options trade executes, and whether the broker responsible for the trade is a member of a particular exchange. As
a result, TD Ameritrade calculates a blended rate that equals or slightly exceeds the amount it is required to
remit to the options exchanges.
6This fee is
assessed at a rate consistent with Section 1 of Schedule A of FINRA's By-Laws for trading activity. Current rates
are: $0.000130 per share for each sale of a covered equity security, with a maximum charge of $6.49 per trade;
$0.00218 per contract for each sale of an option; $0.00082 per bond for each sale of a covered TRACE-Eligible
Security (other than an Asset-Backed Security) and/or municipal security, with a maximum charge of $0.82 per
trade; $0.00000082 times the value, as reported to TRACE, of a sale of an Asset-Backed Security, with a maximum
charge of $0.82 per trade. Fees are rounded to the nearest penny.
7Banks acting as the custodian for an ADR (ADR agent) are allowed to charge an annual maintenance fee. The timing and amount they charge is usually disclosed in the prospectus for the ADR. If you are holding an ADR in your account, this fee is typically subtracted from the ADR's dividend amount payable. If the ADR does not pay a dividend, the fee is deducted from your account. The fee appears in the Account Activity section of your monthly statement as an "ADR Service Fee."
8The Index Option Fees are fees associated with Proprietary
Index Option products provided by the Chicago Board Options Exchange (CBOE) and are subject to change without
notice. A copy of the CBOE Options Exchange Fee Schedule can also be found on www.cboe.com.
|
Underlying Symbol |
Description |
Premium |
Expiration |
Fee Per Contract |
|---|---|---|---|---|
|
SPX |
Description S&P 500 Index |
Premium <$1> |
Expiration Monthly |
Fee Per Contract $0.56 |
|
SPX |
Description S&P 500 Index |
Premium >=$1 |
Expiration Monthly |
Fee Per Contract $0.56 |
|
SPXW |
Description S&P 500 Index |
Premium <$1 |
Expiration Weekly/Quarterly |
Fee Per Contract $0.45 |
|
SPXW |
Description S&P 500 Index |
Premium >=$1 |
Expiration Weekly/Quarterly |
Fee Per Contract $0.54 |
|
OEX |
Description S&P 100 Index (American-style exercise) |
Premium All |
Expiration Monthly/Quarterly |
Fee Per Contract $0.40 |
|
OEX |
Description S&P 100 Index (American-style exercise) |
Premium All |
Expiration Weekly |
Fee Per Contract $0.30 |
|
XEO |
Description S&P 100 Index (European-style exercise) |
Premium All |
Expiration Monthly/Quarterly |
Fee Per Contract $0.40 |
|
XEO |
Description S&P 100 Index (European-style exercise) |
Premium All |
Expiration Weekly |
Fee Per Contract $0.30 |
|
VIX |
Description CBOE Market Volatility Index |
Premium <$0.10 |
Expiration All |
Fee Per Contract $0.10 |
|
VIX |
Description CBOE Market Volatility Index |
Premium $0.10 - $1 |
Expiration All |
Fee Per Contract $0.25 |
|
VIX |
Description CBOE Market Volatility Index |
Premium >=$1 |
Expiration All |
Fee Per Contract $0.45 |
|
RUT |
Description Russell 2000 Index |
Premium All |
Expiration All |
Fee Per Contract $0.18 |
|
Type |
Fee |
|---|---|
|
Full ACAT Transfer out |
Fees $75 |
|
Stock Certificate Deposit |
Fees FREE |
|
Stock Certificate Withdrawal 5 This fee is charged by TD Ameritrade Clearing, Inc. for having a physical certificate re-registered to an account holder and sent to him/her from him/her account. |
Fees $500 |
|
Restricted Stock Certificate Deposit for non-affiliates This is the standard charge from TD Ameritrade Clearing, Inc. when depositing and clearing restricted stock certificates in a brokerage account. The shares are deposited through the Depository Trust Company (DTC). |
Fees $50 |
|
Restricted Stock Certificate Deposit for affiliates and special handling This is the standard charge from TD Ameritrade Clearing, Inc. when depositing and clearing restricted stock certificates in a brokerage account. The shares are deposited through the Depository Trust Company (DTC). |
Fees $250 |
|
Registration of DTC ineligible securities (per certificate) |
Fees $40 |
|
Outgoing DRS/DWAC/DTC to transfer agent
DRS = Direct Registration System |
Fees FREE |
|
Incoming DRS/DWAC/DTC Fee (per transaction)
DRS = Direct Registration System |
Fees FREE |
|
All Outgoing Wire Transfers |
Fees $25 |
Margin account and interest rates
A margin account can help you execute your trading strategy. TD Ameritrade offers margin accounts that help provide you with leverage.
- Margin Rates
- Cash Rates
|
Dollar Range |
Above/Below Base Rate |
Effective Rate |
|---|---|---|
|
Under $10,000 |
Above/Below Base Rate 1.25% |
Effective Rate 14.75% |
|
$10,000 - $24,999.99 |
Above/Below Base Rate 1.00% |
Effective Rate 14.50% |
|
$25,000 - $49,999.99 |
Above/Below Base Rate 0.75% |
Effective Rate 14.25% |
|
$50,000 - $99,999.99 |
Above/Below Base Rate -0.25% |
Effective Rate 13.25% |
|
$100,000 - $249,999.99 |
Above/Below Base Rate -0.50% |
Effective Rate 13.00% |
|
$250,000 - $499,999.99* |
Above/Below Base Rate -0.75% |
Effective Rate 12.75% |
Certain ETFs will be Non Marginable for 30 Days. For the purposes of calculation the day of purchase is considered Day 0. Day 1 begins the day after the date of purchase.
*For balance tiers above $500k, please call +65 6823 2250 to learn about our latest rate offers.
|
Dollar Range |
Interest Rate |
Annual Percentage Yield |
|---|---|---|
|
$0.01 - $4,999.99 |
Interest Rate 0.30% |
Annual Percentage Yield 0.30% |
|
$5,000.00 - $24,999.99 |
Interest Rate 0.30% |
Annual Percentage Yield 0.30% |
|
$25,000.00 - $99,999.99 |
Interest Rate 0.30% |
Annual Percentage Yield 0.30% |
|
$100,000.00 - $199,999.99 |
Interest Rate 0.30% |
Annual Percentage Yield 0.30% |
|
$200,000.00 - $499,999.99 |
Interest Rate 0.30% |
Annual Percentage Yield 0.30% |
|
$500,000.00 - $999,999.99 |
Interest Rate 0.30% |
Annual Percentage Yield 0.30% |
|
$1,000,000 + |
Interest Rate 0.30% |
Annual Percentage Yield 0.30% |