Costs and Commissions
You will receive competitive pricing–including low commissions – for all of your online stock and option trades as detailed below.
The commission is $14.95 per trade. For trades over 350 shares, $.01 per share will be charged for each share over 350 with a 3% cap.
The base commission is $14.95 per trade, plus an options contract fee of $1.50 per contract.
Customers using margin are charged the prevailing rate for margin interest. The base rate is set at WorldWideMarkets’ discretion with reference to commercially recognized interest rates, such as the broker call loan rate and is subject to change without prior notice. Options are not marginable.
Customers will also be assessed certain standard exchange fees including TAF, SEC fees and options regulatory fees. These fees are not established by WorldWideMarkets and will vary by exchange. Other pass through fees that may be assessed are for OTC Y and F shares. In addition, special request administrative actions are subject to processing fees