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What is the Commission in TOS for Trading 100 Shares? Where can I find related info?


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  #1 (permalink)
jsk123
Hyderabad,India
 
Posts: 88 since Oct 2013
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Hello, NexusFi (formerly BMT) users....

I'm Karthik. This is my first post!!

As of now, I'm trading with paper money in think or swim. Can someone tell me where to find commission rates.

tdameritrade . com/ pricing.page Here I see that internet pricing is 9.99. What does that mean ?

If I trade 500/1000 shares, does it mean TDameritrade fee will be only 9.99 per trade ?


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  #2 (permalink)
jsk123
Hyderabad,India
 
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rmejia's Avatar
 rmejia 
Puerto Rico
 
Experience: Intermediate
Platform: thinkorswim
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Flat fee trading

Flat Fee Trading offers unlimited (up to 5000 shares) market or limit stock orders for a single flat commission of $9.95. This routing selection is designed to give our clients maximum flexibility regarding their commission costs. With flat fee trading, your orders go to an internalized order matching system and will give you fills equal to the current best market, with price improvement if possible. Internalized order execution offers lower fees in exchange for reduced order representation.


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PhDTrader's Avatar
 PhDTrader 
Arlington Virginia
 
Experience: Intermediate
Platform: TOS
Trading: Options
Posts: 11 since Apr 2013
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The data is also free, so you will not have any monthly data feed fees (provided said data is suitable for your trading needs).

If you are an active trader, for example you day trade futures, you can negotiate with TOS with regard to your commissions.


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Last Updated on October 25, 2013


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