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
|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|
|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