Fees

Our approach is simple; you will get the best pricing available for your trading style!
Call us for details.

ECN SYMBOL FEES ($US except TSE)
Archipelago ARCA $0.003 / share*
Nasdaq NSDQ $0.003 / share
Listed Exchanges (MLX) MLX $0.01 / share orders for 2100 shares or more and orders that require specialist intervention (includes GTC orders and orders priced away from the market)

$0.0025 / share - orders that do not require specialist intervention (includes market orders and marketable limit orders)

Odd lot orders routed to MLX may incur a fee as high as $0.20 / share
Toronto Stock Exchange TSX Under $1 - $0.000075 / share
Over $1 - $0.003 / share
TSX Venture Exchange TSXV Under $1 - $0.000075 / share
Over $1 - $0.003 / share
Option route OPT will vary from exchange to exchange
New York Stock Exchange NYFIX $0.002 / share
SEC fee (sales only) SEC $0.0000218 (x the value of the trade, sell only)
* Archipelago Shares OTC & ETF: Cents/shares
Bids / Posted Orders No charge
Liquidity taken in Arca Book $0.004 / share
Orders sending out of Arca Book $0.005 / share
Odd lots orders (< 100 shares) $0.03 / share
Listed stocks  
Bids / Posted orders No charge
Liquidity taken in Arca Book $0.001 / share
Orders sending out of Arca Book $0.005 / share
Odd lots orders $0.03  / share

*Orders that take liquidity from the ARCA Exchange 0.003 $/share. Orders that add liquidity to the ARCA Exchange no cost. Orders that are routed through (executed by another market or another participant) 0.004 $/share. Orders routed to the Opening and Market order Auction no cost.

**When adding liquidity to the market (i.e.: posting a bid or offer designated as INETA) there is no charge. When removing liquidity (i.e. matching a posted trade- designated as INETR) there is a 0.003 $ /share.

***Example: The purchase of 1000 shares of VXYZ to $0.75 per share. The principal value of the trade is $750.00. Fifty basic points (or 0.5%) of the principal amount of $750.00 is $3.75. This would be the ARCA Exchange fee for this trade. PLEASE note that ARCA will charge a minimum of $0.50 and a maximum of $24.00 per order carried out. ARCA will not charge for unexecuted order(s).

Exchange or Service Name Data Feed JitneyTrader Silver Sterling RealTick
American Stock Exchange (ASE) Level 1 Included Included Included Included
New York Stock Exchange(NYSE) Level 1 Included Included Included Included
NASDAQ Level 1 Included Included Included Included
  Level 2 $10.40 $10.40 $17.00 $15.60
Toronto Stock Exchange (TSX) Level 1 Included Included Included Included
  Market by Price $31.20 $31.20 $30.00 $31.20
  Market by Broker   $36.00    
TSX Venture (TSXV) Level 1 $26.00 $25.00 $24.00 $26.00
  Level 2 Market by Price $27.00 $12.00   $27.04
Options Price Reporting Authority (OPRA) Level 1 Included Included Included Included
  Foreign Currency Options       $4.42
Montreal Exchange (MX) Level 1 $6.24 $6.00 Not available Not available
  Level 2   $3.00    
Chicago Mercantile Exchange (CME) Full service       $41.60
  Level 2       $20.80
  E-mini       $26.00
New York Mercantile Exchange (NYMEX) COMEX       $57.70
  Full service       $41.60
  E-mini       $6.24
Chicago Board of Trade (CBOT) Full service       $52.00
Notes   On demand quotes are free. Streaming quotes: $20.00      
Additional Services and fees in American dollar  
Source Fees
Dow Jones News $98.50
Comtex News $26.00
Comtex Equity $26.00
Comtex Futures $26.00
Tony Oz Scanners $20.80
RealTime Trader News $15.60
Account Activity Fees
Broker-assisted fee $25.00
NSF Cheque / Returned Items $50.00*
Certificate Deposit $20.00
Restricted Certificates or Safekeeping $50.00 / month
Certificate Withdrawal $70.00 + CDS and transfer agent fees
Urgent Certificate Withdrawal $250.00 + CDS and transfer agent fees
Certificate RUSH Deposit $250.00
Legend 33 Removal $500.00*
Warrents/Rights Exercise $20.00 Per Request*
Manual Trade Settlement(COD/DAP) $10.00 Per Trade*
Solicitation Fee 20% Of Notational Value*
Tender To REORG $20.00*
DRIP(Dividend Re-Investment Plan) $10.00 Per Eligible Security*
Banking  
Incoming Wire Transfer $20.00*
Wire Transfer CAD $40.00
Wire Transfer USD $50.00*
Wire Transfer INT'L $65.00*
Stop Payment $25.00*
Electronic Funds Transfer $5.00
Certified Cheque $25.00*
Cheque Request $10.00
Transfers  
Transfer of Account $125.00
Partial Transfer $75.00*
Transfer of Estate $150.00 / hour*
Registered Account  
Annual Registered Account Fee
(for 1 or more registered accounts)
$125.00
Pre-Authorized RIF Withdrawal by cheque $25.00*
Full Plan Deregistration $125.00*
Partial Plan Deregistration $75.00*
RSP/RIF Payment $25.00
Duplicate receipt $20.00
Annual Tax-Free Savings Account (TFSA) Fee $25.00
Miscellaneous  
Special Courier (Canada) $40.00
Special Courier (US) $40.00
Registered mail $10.00
Copy of Contract $20.00
Copy of Statement $20.00
Copy of Confirmation $10.00
Copy of Fiscal Statement $40.00*
Inactive Account $20.00 / month
Close Account $75.00
Research Request (minimum 1 hour) $100.00 / hour*
Cancel & Correct $50.00 / item
Copy of Income Tax forms $25.00 / item*
Late payment 2% / month
Liquidation fee $50.00
Private Placement $100.00 / hour*
Interests  
UNDER $49,999.99 for debits PRIME +1%  
  for credits PRIME -4.25%  
$50,000.00 - $99,999.99 for debits PRIME +1%  
  for credits PRIME -4.00%  
$100,000.00 - $500,000.00 for debits PRIME +1%  
  for credits PRIME -3.75%  

For more information please contact us