Fees & Commissions

At Scottrade, $6.95 online trades are just the start – we also offer low fees and commissions on a wide range of investment products and services.

Stocks & ETFs

Order Method Price
Internet1 $6.95
Broker Assisted2 $32

Mutual Funds

Fund Type Buy Sell & Exchange
No-Load, No-Transaction Fee (NTF) Funds3 No Fee No Fee
No-Load Funds (not in NTF program) $17 $17
Load Funds No Fee $174

Options

Order Method Price
Internet $6.95+$0.70 per contract
Touchtone (VR Phone System) $32+$0.70 per contract
Broker Assisted $32+$0.70 per contract
Option Exercises and Assignments $17

1For stocks priced under $1, add ½% of the principal value to the commissions shown. Some foreign and pink sheet stocks must be traded with broker assistance. Commissions are charged on a per order basis. Limit orders executed over multiple days and orders modified after partial execution on the same day will be treated as separate orders for commission calculation purposes. Short sales may incur interest charges based on share availability; contact us for more information. A majority of orders must be executed online to qualify for the online commission rates. Scottrade receives compensation for certain equity and option orders as described more completely in our Order Routing and Execution page. Generally, this compensation will take the form of payment for order flow, profit sharing arrangements, liquidity rebates or possible trading profits if Scottrade executes the order as a principal. 

2For non-online accounts, the commission for market and limit orders is the broker assisted rate plus .02 per share for stocks that are priced $1 and above. Visit Scottrade Commissions for a complete list of brokerage commissions and fees.

3NTF 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 record keeping, shareholder or SEC Rule 12b-1 fees.

 4Not applicable if the fund charges a contingent deferred sales charge

 

Scottrade does not provide tax advice. The material provided is for informational purposes only. Please consult your tax, or legal, advisor for questions concerning your personal tax or financial situation. 

Scottrade assesses additional transaction fees for regulatory costs on stock and option sell trades. This fee is determined by the amount of principal and/or number of shares executed. In some cases, this fee is capped at a maximum charge.  These charges will be identified on your trade confirmation as separate fees from the commission charged. Please go to Trading Fees and Commissions for detailed information surrounding these rates. 

All commissions, fees and rates are subject to change without notice. Fees assessed by third parties for processing transactions may be passed through to your account. Also, note some special services may also require additional fees or transaction minimums not specifically listed here. All commissions, fees and rates are subject to change without notice.