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Trade at Cost or from $1.95
Margin Rates at 6.90% or lower

Our pricing plans are straightforward and transparent. We are committed to keeping costs low for our traders.

Competitive Commissions

Our stock and option commissions start lower than TD Ameritrade, Charles Schwab, Fidelity, E*TRADE and other brokers1.With our Trade at Cost plan, you are eligible to receive rebates that in some instances may bring your total cost to $0.

Plans
FEATURES
  • Required
    Minimum
  • U.S. Stocks & ETFs
    > $1 Per Share
  • U.S. Stocks & ETFs
    < $1 Per Share
  • U.S.
    Options
  • Options Exercise
    Assignment Fee
  • U.S.
    Futures
  • Canadian Stocks
    > $1 Per Share
  • Canadian Stocks
    < $1 Per Share
  • Mutual
    Funds
  • Currency
    Conversion Fee
  • Clearing
    Fee
  • Exchange
    Fee
  • Regulatory
    Fee
  • Exchange
    Rebates
  • Inactivity
    Fees
  • Maintenance
    Fees
  • Trading
    Minimum
  • IRA Custodial
    Fee
  • Platform
    Access
Everyday
STANDARD
  • $2500
    Account Value
  • $1.95 min.
    (0.005 per share)
  • $1.95 min.
    (1.5% of principal)
  • $1.95 for 1st contract
    (+ 0.75 any additional)
  • None
    (free)
  • $1.95 min.
    ($1.25 per contract)
  • $1.95 CAD min.
    (0.015 per share)
  • $1.95 CAD min.
    (1.5% of principal)
  • $24.95
    per transaction
  • $2.00 – $2.50
    estimate
  • Included2
    (see note)
  • Included2
    (see note)
  • Included2
    (see note)
  • Not
    Eligible
  • No
    Fees
  • No
    Fees
  • No
    Minimum
  • No
    Fees
  • All
    Platforms
BEST VALUE
TRADE AT COST
  • $30,000 Margin OR
    $50,000 Cash (Daily)
  • $0.35 min.
    (0.0005 – 0.0035 per share)
  • $0.35 min.
    (1% of principal)
  • $1.00 minimum per order
    (0.25 – 0.70 per contract)
  • None
    (free)
  • $0.85 min.
    (0.25 – 0.85 per  contract)
  • $1.00 CAD min.
    (.003 – .008 per share)
  • $1.00 CAD min.
    (0.5% of principal)
  • $14.95
    per transaction
  • $2.00 – $2.50
    estimate
  • Pass-Through3
    (see note)
  • Pass-Through3
    (see note)
  • Pass-Through3
    (see note)
  • Eligible for
    Rebates
  • No
    Fees
  • No
    Fees
  • No
    Minimum
  • No
    Fees
  • All
    Platforms

For other investment products in the United States and globally, please view our Pricing Guide.

Competitive Margin Rates

In addition to Reg T margin, ToledoTrade also offers portfolio margin to clients who meet the required minimum. Our margin rates start lower than TD Ameritrade, Charles Schwab, Fidelity, E*TRADE and other brokers4.

Plans
TIERS5
  • Below $100,000
  • $100,000 – $1 million
  • $1 million – $3 million
  • $3 million +
Everyday
STANDARD
  • 6.90%
  • 6.40%
  • 5.90%
  • 5.70%
BEST VALUE
TRADE AT COST
  • 5.90%
  • 5.40%
  • 4.90%
  • 4.70%

For credit interest rates and margin rates denominated in other currencies, please view our Pricing Guide.

  1. ToledoTrade’s commissions for stocks start on our Trade at Cost plan at a minimum of $0.35 per trade (clearing, exchange fees and regulatory fees apply) and on our Standard Plan at $0.005 per share with a $1.95 minimum. These stock commissions start lower compared to TD Ameritrade ($6.95), Charles Schwab ($4.95), Fidelity ($4.95) and E*Trade ($6.95). ToledoTrade’s commissions for options start on our Trade at Cost plan at a minimum of $1.00 per trade (clearing, exchange fees and regulatory fees apply) and on our Standard Plan at $1.95 for the 1st contract plus $0.75 any additional contract. These option commissions start lower compared to TD Ameritrade ($6.95 base charge + $0.75 per contract), Charles Schwab ($4.95 base charge + $0.65 per contract), Fidelity ($4.95 base charge + $0.65 per contract) and E*TRADE ($6.95 base charge + $0.75 per contract). Competitor commission rates obtained from published websites as of 12/31/2018 are believed to be accurate but not guaranteed. Comparisons do not include competitor discounts or promotions.
  2. In the event that clearing fees, exchange fees and regulatory fees exceed our normal advertised commission rate, those fees will also be passed to the client.
  3. ToledoTrade’s Trade at Cost plan does not include clearing fees, regulatory fees or exchange view. For a full listing of these fees, please view our Pricing Guide.
  4. ToledoTrade’s margin rates start at 5.90% for our Trade at Cost plan or 6.90% for our Standard plan. These margin rates start lower compared to TD Ameritrade (10.75%), Charles Schwab (9.825%), Fidelity (9.825%) and E*TRADE (11.00%). Competitor margin rates obtained from published websites as of 12/31/2018 are believed to be accurate but not guaranteed. Comparisons do not include competitor discounts or promotions.
  5. The tiers on which interest is based may change from time to time without prior notification to clients. Such adjustments are done periodically to adjust for changes in currency rates. ToledoTrade uses a blended rate based on the tiers indicated. For example, for a balance over 1,000,000 USD, the first 100,000 is charged at the Tier I rate, the next 900,000 at the Tier II rate, etc. ToledoTrade accrues interest on a daily basis and posts actual interest monthly on the third business day of the following month.