Choice trade fees
After-hours trades cost an additional $.005 per share and miscellaneous account fees are far higher than the industry average. Stocks under $1 cost $7 per trade. Platform fee: While ChoiceTrade offers three third-party platform options, we focused our testing on the ChoiceTrade Elite Trader platform, which runs $29.95 per month. The only way to waive the monthly fee is to maintain a $30,000+ account balance. ChoiceTrade has an account inactivity fee. The brokerage charges $20 quarterly fee (stock plan 1) or $35 quarterly fee (stock plan 2) if less than five trades were executed. The fee goes to $50 per month for entity accounts. Minimum to open cash account at the firm is $0, for margin account it's $2,000. At ChoiceTrade, customers may also choose a $10.00 per options trade flat fee plan that includes up to 250 contracts per leg. ChoiceTrade's pricing schedule looks very good but there are additional fees to be aware of. Morgan Stanley Choice Trade Account Fees and Commissions If you are a moderate or active trader, you should consider enrolling in Choice Select — a pricing alternative for brokerage accounts. Choice Select is a different way to pay commissions on equity and option trades. Securities products and services offered through ChoiceTrade, Member SIPC. For a summary of ChoiceTrade's Business Continuity Plan, click here. Get temporary password
Commissions. Pricing is one of the main areas where ChoiceTrade shines. ChoiceTrade has always had favorable
Regulatory fees, exchange fees and cash settled option surcharges are extra. Options involve risk and are not suitable for all investors. Prior to buying or selling an option, Characteristics & Risks of Standardized Options. A copy of this document can be obtained by contacting us at service@choicetrade.com. $10.00 per trade with no contract fee plan is not available to accounts with naked option writing permission. The default pricing plan will be $5.00 per trade plus 0.15 cents per contract. You may switch between pricing plans no more than once a month. Options involve risk and are not suitable for all investors. Stocks under $1 cost $7 per trade. ChoiceTrade also assesses a $35 quarterly inactivity fee for any account that does not place at least five trades during the current calendar quarter. Options Trades - Options trades are $.40 per contract with a cap of $50 per month. There is a $5 fee to exercise or assign an option position. ChoiceTrade does apply an inactivity fee and it is $35 per quarter if less than 5 trades in the previous quarter. This means that you need to be strategic about your trading activity to avoid getting charged after a longer time of no trade. ChoiceTrade charges a high withdrawal fee, $60 for non-Us citizens and $35 for US citizens. There is also a high inactivity fee, $35 per quarter. The withdrawal is not user-friendly at all since you need to contact support to initiate it, and you can use only bank transfer. After-hours trades cost an additional $.005 per share and miscellaneous account fees are far higher than the industry average. Stocks under $1 cost $7 per trade. Platform fee: While ChoiceTrade offers three third-party platform options, we focused our testing on the ChoiceTrade Elite Trader platform, which runs $29.95 per month. The only way to waive the monthly fee is to maintain a $30,000+ account balance.
All rates apply to trades on the online platform and ChoiceTrade Elite. All Regulatory, Exchange, OCC and cash settled option surcharges, if applicable, are
Get the best online stock trading platform at ChoiceTrade. Offering low cost flat fee prices for option trading brokers. For more visit our website! All rates apply to trades on the online platform and ChoiceTrade Elite. All Regulatory, Exchange, OCC and cash settled option surcharges, if applicable, are 005 per share. Stocks under $1 cost $7 per trade. ChoiceTrade also assesses a $35 quarterly inactivity fee for any account that does not place at least five trades ChoiceTrade charges a high withdrawal fee, $60 for non-Us citizens and $35 for US citizens. There is also a high inactivity fee, $35
For those planning to make several trades per month, the flat $5 monthly fee option represents huge savings over other online brokerages with per-trade
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Get the best online stock trading platform at ChoiceTrade. Offering low cost flat fee prices for option trading brokers. For more visit our website!
Stocks under $1 cost $7 per trade. ChoiceTrade also assesses a $35 quarterly inactivity fee for any account that does not place at least five trades during the current calendar quarter. Options Trades - Options trades are $.40 per contract with a cap of $50 per month. There is a $5 fee to exercise or assign an option position. ChoiceTrade does apply an inactivity fee and it is $35 per quarter if less than 5 trades in the previous quarter. This means that you need to be strategic about your trading activity to avoid getting charged after a longer time of no trade.
After-hours trades cost an additional $.005 per share and miscellaneous account fees are far higher than the industry average. Stocks under $1 cost $7 per trade. Platform fee: While ChoiceTrade offers three third-party platform options, we focused our testing on the ChoiceTrade Elite Trader platform, which runs $29.95 per month. The only way to waive the monthly fee is to maintain a $30,000+ account balance. ChoiceTrade has an account inactivity fee. The brokerage charges $20 quarterly fee (stock plan 1) or $35 quarterly fee (stock plan 2) if less than five trades were executed. The fee goes to $50 per month for entity accounts. Minimum to open cash account at the firm is $0, for margin account it's $2,000. At ChoiceTrade, customers may also choose a $10.00 per options trade flat fee plan that includes up to 250 contracts per leg. ChoiceTrade's pricing schedule looks very good but there are additional fees to be aware of. Morgan Stanley Choice Trade Account Fees and Commissions If you are a moderate or active trader, you should consider enrolling in Choice Select — a pricing alternative for brokerage accounts. Choice Select is a different way to pay commissions on equity and option trades. Securities products and services offered through ChoiceTrade, Member SIPC. For a summary of ChoiceTrade's Business Continuity Plan, click here. Get temporary password