Options Pricing - North America
No "Base" or "Base Plus Commission" Fee Structure to trick you!
We do not charge a "Base Fee" or use a "Base Plus Commission" fee structure! Our highest option commission prices start at USD 0.75 per contract and are even lower for higher volume traders! Although we show our minimum commission per transaction of USD 1.50 for transparency, it is simply a minimum and NOT in addition to the cost per contract! Many other firms charge a base fee and a per contract fee. That's not how we roll. You may notice that some firms and "review" sites only show the per contract fee in a side by side comparison with the base fee noted separately. In these cases, it may appear as if the total cost is the same or lower than other firms when making comparisons. You may also notice that these do not discuss Net Best Execution or Credits/Rebates available on executed orders. Don't get tricked by what looks like a lower commission only to potentially end up paying more for your entire trade!
What is the benefit of unbundling option commissions?
Our option commissions are unbundled which means that we offer true transparency in pricing! We are not nickel and diming you; we are doing our best to break down the pricing and offer you the lowest overall cost possible. We charge the commission rates listed below and we also pass through any exchange, regulatory and/or transaction fees associated with your transaction (also listed below).1
In addition to offering transparency in pricing and volume discounts our clients have the opportunity to participate when credits/rebates are available (for adding liquidity to the market).
United States - Option Commissions
We do not charge a "Base Fee" or a "Base Plus Commission" Fee Structure. Our minimum commission per transaction of USD 1.50 applies to all executed orders.
Transaction and Exchange Fees are additional. These fees (as well as rebates) are passed directly back to you. Commissions, fees and rebates may be included together on your trade confirms under commissions. With the total transaction cost being included together, it may appear to as if you are paying more or less (due to rebates) in commissions than the actual commission that you are charged for your transactions. You are not being charged more for commissions! If you believe that you are being charged more for commissions than what we have posted below please call us immediately at 1-800-507-5223 or 1-919-719-7200.
Example US Option Commission:
(Less than 10,000 Contracts per Month Exchange, Regulatory & Transaction Fees are not included in commissions Credits are not included in commissions however we do pass available credits on to you which will reduce your overall cost!)
United States - Directed Orders
United States - Exchange, Regulatory & Transaction Fees
Mexico - Option Commissions
|Options involve risk and are not suitable for all investors. For more information; please read “Characteristics and Risks of Standardized Options” before investing in options. For a free copy call 1-800-50-PLACE or 1-919-719-7200 or visit the OCC. There is no guarantee of execution. Orders will be routed to US options exchanges.
PlaceTrade Review 2015 - Brokerage Reviews PlaceTrade Review Best Broker Reviews
All asset types and products from around the world are held and reported in a single account
Trade assets denominated in multiple currencies from a single account
Access to market data 24 hours a day and seven days a week keeps you connected to all global markets
International Stock Commissions