Stock & ETF Commissions & Fees
Online Commission Rates
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Stocks/ETFs priced $1 and above = $7
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Stocks/ETFs under $1 = $7 + 1/2% of principal
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All orders for stocks/ETFs under $1 must be placed as limit orders.
Touchtone Phone Commission Rates
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Stocks/ETFs priced $1 and above = $17
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Stocks/ETFs under $1 = $17 + 1/2% of principal
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All orders for stocks/ETFs under $1 must be placed as limit orders.
Broker-Assisted Commission Rates (Internet Account)
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Stocks/ETFs priced $1 and above = $27
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Stocks/ETFs under $1 = $27 + 1/2% of principal
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All orders for stocks/ETFs under $1 must be placed as limit orders.
Preferred Stock Commission Rates
Preferred stock orders are placed as a normal stock order and are charged the standard stock commissions.
Foreign securities
If a foreign security trades on a domestic exchange, it can be placed online. If it trades on a Canadian exchange, it must be placed through a broker, and broker-assisted commissions apply. All other foreign exchanges are unavailable.
Partial Trade Completions
Modifying Partially Completed Orders
If a partial completion occurs and the order is modified thereafter, two separate commissions will be charged.
Partial Completion over Multiple Days
If you receive a partial completion on one day and the rest of the order is completed the next day, two separate commissions will be charged.
Investors should consider the investment objectives, risks, charges, and expenses of an Exchange Traded Fund (ETF) carefully before investing. A prospectus contains this and other information about the ETF and can be obtained from the issuer. The prospectus should be read carefully before investing.
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Online market and limit stock trades are just $7 for stocks priced $1 and above.
Any specific securities, or types of securities, used as examples are for demonstration purposes only. No information on this Web site should be considered a recommendation or None of the information provided should be considered a recommendation or solicitation to invest in, or liquidate, a particular security or type of security.
Investors should consider the investment objectives, risks, and charges and expenses of a mutual fund carefully before investing. A mutual fund's prospectus contains this and other information about the mutual fund. Prospectuses are available through our trading site or through a Scottrade branch office. The prospectus should be read carefully before investing. No transaction fee (NTF) funds are subject to the terms and conditions of the NTF funds program. Scottrade is compensated by the funds participating in the NTF program through recordkeeping, shareholder, or SEC 12b-1 fees.
Investors should consider the investment objectives, charges, expense, and unique risk profile of an Exchange Traded Fund (ETF) carefully before investing. Leveraged and Inverse ETFs may not be suitable for long-term investors and may increase exposure to volatility through the use of leverage, short sales of securities, derivatives and other complex investment strategies. A prospectus contains this and other information about the ETF and should be obtained from the issuer. The prospectus should be read carefully before investing.
Margin trading involves interest charges and risks, including the potential to lose more than deposited, or the need to deposit additional collateral in a falling market. Margin Disclosure Statement (PDF) is available for download, or it is available at one of our branch offices. It contains information on our lending policies, interest charges, and the risks associated with margin accounts.
Options involve risk and are not suitable for all investors. Detailed information on our policies and the risks associated with options can be found in the Scottrade Options Application and Agreement, Brokerage Account Agreement, and by downloading the Characteristics and Risks of Standardized Options and Supplements (PDF) from The Options Clearing Corporation, or by requesting a copy from your local branch office. Supporting documentation for any claims will be supplied upon request.
Market volatility, volume, and system availability may impact account access and trade execution.
Testimonials may not be representative of the experience of other clients and are no guarantee of future performance or success.