Smooth Onboarding for U.S. Options
Get started with educational resources & simple Options trading activation
Advanced Options Tools
Customised options chain and easy-to-use options screener model your trades in advance
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Pricing
Min. USD 2.99 Per Order
| Type | Fees |
|---|---|
| Commission |
USD 0.65 / Contract Min. USD 1.99 / Order |
| Platform Fee |
USD 0.30 / Contract Min. USD 1 / Order |
| Type | Fees |
|---|---|
|
ORF (Options Regulatory Fee) |
USD 0.0388 / Contract |
|
SEC Membership Fee (Charged for sell orders only) |
0.0000229 × Trade Value |
|
FINRA Trading Activity Fee (Charged for sell orders only) |
USD 0.002 × Quantity Sold |
| OCC Clearing Fee |
USD 0.055 / Contract Max. USD 55 / Order |
| Exchange Fee |
Exchange fees vary depending on the exchange in which the contract is executed |
Notes:
(1) The following exchanges charge ORF: AMEX, BATS, BOX, CBOE, CBOE2, ISE, GEMINI, MIAX, NOM, PCX and PHLX, which may be subject to change.
(2) Options Trading Fees charged by exchanges may vary as the impact of orders on options liquidity varies. The exact fees are subject to the exchanges. Trading fee is a pass-through fee charged by SEC (U.S. Securities and Exchange Commission) and is charged for sell orders only.
(3) FINRA Trading Activity Fee is a pass-through fee charged by FINRA (U.S. Financial Industry Regulatory Authority) and is charged for sell orders only.
(4) OCC Clearing Fee is a pass-through fee charged by OCC (U.S. Options Clearing Corporation).
(5) Exchange Fees vary depending on the exchange in which the contract is executed.
(6) If there is any change in the fees charged by third parties such as exchanges and regulators, TFNZ will adjust the fees they charge on their behalf accordingly.
