ACH Recall/Reversal/Return $35.00
Bond Maturity/Redemption Fee (excludes T-Bills) $10.00
Cancel and Re-bill $20.00
Cash Account Late Payment, Same as Margin Debit Charges, plus:
Certificate Held in Safe Keeping at FSW $100.00 Per Year
Certificate Processing/Deposit Fee (NYSE, NASDAQ, Pink Sheets, and Bulletin Board Stocks) $75.00 Per Cusip, Per Deposit, Plus Applicable Fees[1]
Copy of Past Confirmation $5.00
Copy of Past Statement $5.00
DTC Non-Transferable Fee $15.00 Per Month
DTC Non-Transferable Securities Held $150.00 Annually
DRIP No Charge
DRS Statement Withdrawal $30.00[2]
A DRS statement is sent only when a security is returned to the transfer agent to hold in book entry form.
DWAC and DRS Process Fee $75.00 Plus Transfer Agent Fees
ESOP Trades $35.00 Plus Ticket Charge
Estate Valuation $75.00
Foreign Custody Transfer Fee $100.00, Per Security
Foreign Security Holding No Charge
Foreign Security Transaction $50.00 Surcharge
Inactivity Fee $50.00 Annually
Index Option Exchange Fees Varies
Non-ACAT Eligible Securities – Full $75.00
Non-ACAT Eligible Securities – Partial $35.00
Non-DTCC Eligible Securities $100.00 Plus Pass Thru Fees[1]
NSCC Illiquid Securities Fee Varies
OCC Fees - Trades with Contracts of:   
     0-1100 contracts 0.05
     Greater than 1100 $55.00
Options Regulatory Fee (ORF) $0.0407 Per Contract
Overnight Check Fee $25.00
Physical Certificate Held at DTC Delivery Fee $100.00
Physical Certificate Held at First Southwest Company in Street Name or Client Name $150.00 Per Year
Professional Data Fees $125.00 Per Month
Reg T Extension $20.00
Reorganization - Mandatory No Fee
Reorganization - Voluntary $50.00
Retirement Accounts  
Simple IRAs  
   Simple IRA 5304 Annual Fee $45.00
   Simple IRA 5305 Annual Fee $100.00
   Simple IRA Setup Fee $100.00
Traditional, Roth, Rollover, SEP IRAs & Coverdell ESAs  
   IRA Annual Fee $15.00
   IRA Setup Fee No Charge
   IRA Termination Fee $60.00
Returned Check $40.00
Right or Warrant Exercise - Voluntary $50.00
Right or Warrant Exercise - Mandatory No Charge
SEC Transaction Fee Varies
Short Stock Hard to Borrow Fee Varies
Statements & Confirms  
   Electronic Statements Free
   Electronic Confirms Free
   Paper Statements Free
   Paper Confirms $1.00 Per Trade
  Voluntary Per Position $50.00
  Mandatory No Fee
Trading Activity Fees (TAF)  
  Stocks & ETF's $0.000119 per share (max. $5.95 per trade)
  Options $0.002 Per Contract
  Covered Debt Securities $0.00075 Per Bond (Max. $0.75 Per Trade)
Transfer and Ship Request $550.00
Transfer Out - Full $60.00
Transfer Out - Partial $50.00
Wire Transfers  
  Wire Transfer $30.00
  Recalled Wire $50.00
  Returned Wire $50.00
Worthless Stock Liquidation $15.00

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Important Note: Modifying a partially executed order, also known as a cancel/replace, is considered a new order and will incur a separate commission if the modified order is executed.

[1] Applicable fees include wire fees, rejection fees, and shipping fees, redeposit fees, transfer agent fees, DWAC fees, and agent fees.

[2] A DRS statement is sent only when a security is returned to the transfer agent to hold in book entry form.

Options involve risk and are not suitable for all investors. Prior to trading options, you must be approved for options trading and read the Characteristics and Risks of Standardized Options. A copy may also be requested via email at or via mail to eOption, 950 Milwaukee Ave., Ste. 102, Glenview, IL 60025. Online trading has inherent risks due to loss of online services or delays from system performance, risk parameters, market conditions, and erroneous or unavailable market data.

Fees & Commissions effective as of 1/14/2017. All fees subject to change without notice.