You may trade over the telephone with a licensed professional or trade online yourself. Our commission rates are significantly less than those of full cost brokers. You can get investment advice from our advisors as needed. You won’t get pushy salespeople calling you at the dinner hour. We do not make “cold calls.”
Below is a sample of our commission rates for stock and option trades placed over the telephone. Our minimum commission is $38.50.
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Shares
|
Share Price
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1-99
|
100
|
200
|
400
|
500
|
700
|
1000
|
3000
|
5000
|
|
$1-5
|
$38.50
|
38.50
|
38.50
|
42
|
52
|
59
|
75
|
150
|
210
|
|
5 1/8-10
|
38.50
|
39
|
39
|
48
|
57
|
65
|
80
|
160
|
225
|
|
10 1/8-20
|
38.50
|
39
|
45
|
68
|
79
|
92
|
108
|
175
|
253
|
|
20 1/8-30
|
38.50
|
42
|
58
|
86
|
96
|
112
|
119
|
180
|
260
|
|
30 1/8-40
|
38.50
|
44
|
70
|
96
|
115
|
127
|
135
|
199
|
299
|
|
40 1/8-70
|
38.50
|
47
|
80
|
115
|
125
|
138
|
145
|
219
|
349
|
|
70 1/8---
|
38.50
|
48
|
80
|
120
|
130
|
149
|
175
|
225
|
399
|
|
Option Commision Schedule
|
Transaction
|
Commission Rate
|
|
$0-2,500
|
$29 plus 1.6% of principal
|
|
$2,501-10,000
|
$49 plus .8% of principal
|
|
$10,0001---
|
$99 plus .3% of principal
|
|
Minimum charge: $37 plus $1.75 per contract
Maximum charge: $45 for 1 - 2 contracts and $6
for each additional contract.
|
|
Our online stock commission schedule is shown below. Our minimum commission for stock trades placed online is $25.
|
Share Price
|
100
|
101-299
|
300-500
|
501-799
|
800-1000
|
1001-3000
|
over 3000
|
|
$ 0-29.99
|
$25
|
28
|
39
|
45
|
55
|
65
|
2 1/2cps*
|
|
$ 30 and over
|
$32
|
39
|
49
|
59
|
69
|
75
|
3 1/2cps
|
|
*Commission may be less for stocks under $1
per share.
Minimum Commission is $25. Charge for less
than 100 shares at any price is $25.
|
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Our online option commission schedule is the same as the option schedule above except the online rates are 10% less, and the minimum commission is $29.
Other Commission Charges
Corporate Bonds:
$25 plus $4 per bond, subject to $38.50 minimum commission charge.
Treasury Bonds:
$65 for 1-10 bonds, $99 for 11-20 bonds, $125 for 21-50 bonds; over 50 bonds, negotiable.
Municipal & Zero Coupon Bonds:
0-4% of principal.
Mutual Funds:
No extra charges on load funds. No load funds are charged a $30 processing fee, regardless of amount invested.
Miscellaneous Fees
Your account may be charged the following fees when applicable:
- Delivery of Securities - $15.00
- Communication Maligrams - $10.00
- Wiring of Funds - $15.00
- Returned Checks - $15.00 + interest
- Copies of checks issued - $10.00
- Copies of monthly statements - $5.00 per statement
Late delivery of securities or late payment for securities may be charged interest at prevailing rates.
Additional Products Offered
- VIP accounts: VISA debit card, 24-hour ATM access
- Rollover, SEP, Roth & Regular IRA's / Profit Sharing Plans
- Money Market Funds (with free check writing)
- Margin and Option Trading
- Corporate, Tax Free, Treasury and Zero Coupon Bonds
- Inflation Protection Securities (TIPS)
- Estate Liquidations
- 401(k) Plans
- Custodian, Trust and Investment Club accounts
Our services may not be available in all states
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