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Canada Mexico
Our commission rates for stocks, ETFs and warrants are straightforward and transparent! We charge either a fixed amount per share or a set percentage of trade value as shown below. No surprises here! All exchange fees and most regulatory fees (with the exception of the transaction fees, which are passed through on all stock sales) are included in your stock, ETF and warrant commission. We even offer commission-free ETFs, however, a minimum transaction fee of USD 1.50 may apply.
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USD 0.011 per share |
USD 1.50 |
1% of trade value1,7 |
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View Example
Example
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100 Shares @ USD 25 Share Price = USD 1.50* |
*Minimum Per Order would apply. |
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500 Shares @ USD 25 Share Price = USD 5.00 |
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1,000 Shares @ USD 0.25 Share Price = USD 2.50** |
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**Maximum Per Order would apply. |
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Exceptions to US Commission Structure
US API Directed Orders 3
| Value |
Fixed |
Minimum Per Order |
Maximum Per Order |
| All |
USD 0.0075 per share |
USD 1.50 |
1.% of trade value 1 |
| Example
500 Shares @ USD 25 Share Price = USD 3.75
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Guaranteed VWAP Orders
| Fixed |
Minimum Per Order |
Maximum Per Order |
| USD 0.02 per share |
USD 1.50 |
1.0% of trade value 1 |
| Example
100 Shares @ USD 25 Share Price = USD 2.00
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DARK
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Remove Liquidity |
Add Liquidity |
| Directed orders |
N/A 4 |
N/A |
| Smart-routed orders |
Normal commission applies minus 0.001 per share |
N/A |
IBKRATS/IBDARK
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Remove Liquidity |
Add Liquidity |
| Directed orders |
N/A 4 |
Normal commission applies |
| Smart-routed orders |
Normal commission applies minus 0.001 per share |
Normal commission applies minus 0.001 per share |
CSFB ALGO, CSFB PATH and JEFFALGO
| Fee |
| Normal commission applies plus USD 0.0010 per share |
Transaction Fees 5
Transaction Fees
Please Note that USD fees are calculated based on the Value of Aggregate Sales.
| (Stocks, ETF, Warrants, Rights, Voting Trust Certificates) |
USD 0.0000231 * Value of Aggregate Sales |
| FINRA Trading Activity Fee |
USD 0.000119 * Quantity Sold 8 |
| CAD 0.015 per share |
CAD 1.50 |
1% of trade value1, 2 |
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| MXN 0.125%of trade value |
MXN 70.00 |
N/A |
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Stock Commissions for Asia-Pacific Markets Stock Commissions for European Markets
North American Options Pricing Structure
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Footnotes:
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- Plus the applicable exchange, ECN and/or specialist fees based on execution venue.
- For orders that are immediately executed against an existing bid or offer on the exchange's order book, an exchange liquidity removing fee will be added. See the Tiered North America section for details of the exchange fees.
- This charge does not apply to relative, pegged to market and pegged to midpoint orders.
- Directed orders to IBKRATS/IBDARK that are marketable will generally be rejected.
- Transaction fees are only charged for sell orders.
- Includes NMS, OTCBB, and Pink Sheet Stocks.
- In the event the calculated maximum per order is less than the minimum per order, the minimum per order will be assessed.
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Please Note:
Commissions apply to all order types.
Commissions are subject to change without notice.
All exchange fees are included.
For customers who send an extraordinary number of non-marketable limit orders to the NYSE, and who route such orders direct to NYSE, rather than using Smart routing, Place Trade reserves the right to impose a surcharge in order to defray specialist order handling charges. In this event, Place Trade (via our clearing firm) will provide notice to affected clients.
VAT (also referred to as a consumption tax or a goods and services tax) where applicable, will be separately applied for eligible services.
Modified orders will be treated as the cancellation and replacement of an existing order with a new order. On certain exchanges, this may have the effect of subjecting modified orders to commission minimums as if they were new orders. For example, if an order for 200 shares is submitted and 100 shares execute, then you modify the order and another 100 shares execute, a commission minimum would be applied to both 100 share orders. Orders that persist overnight will be considered a new order for the purposes of determining order minimums.
Stocks directed to foreign markets may incur additional fees charged by the markets themselves.
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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
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