I use MyTradz.com their fees are $7.95 per trade up to ten million shares trading, as low as .0001. very happy with their service.
Posts: 13 | From: Golden, Colorado | Registered: Sep 2005
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Please be advised that SEC Transaction Fees and NASD Regulatory Funding Fees apply only to SELL side transactions
Regulatory Funding Fee $.000075 per share
The Regulatory Funding Fee is charged for each sell side transaction at a rate of $.000075 per share, capped at $3.75 for each execution.
Transaction Fee $.0000317 per Dollar
This Transaction fee is charged for each sell transaction based on the principal (dollar) amount of the securities sold. This fee is levied by the SEC (Securities and Exchange Commission). To calculate this fee, multiply the per dollar charge ($.0000317) by the total dollar amount of sales for each sell transaction.
quote:Originally posted by DWE: What are those additional charges on top of the 5 dollar commission fee that ChoiceTrade charges?
After doing some research on discount stock brokerage houses these last few days, I think I'm going with ChoiceTrade. Anybody here that disagrees on choosing ChoiceTrade, please let me know the reason(s) why. Thanks!
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