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Account Transfer (ACAT)
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ACAT Incoming Transfer
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FREE
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ACAT Outgoing Transfer
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$50.00
(Additional charges will apply for transfers involving non-DTC eligible domestic and foreign securities. See Foreign Settlement Fee and Physical Settlement Fee listed below.)
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DWAC Delivery
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FREE
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DTC Delivery
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$30 per delivery
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Letter of Authorization Transfer
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$10.00
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Account Funding/Withdrawal
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ACH Deposit/Withdrawal
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FREE
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Check Request (Regular Delivery)
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FREE
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Check/ACH Returned
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$50.00
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Check Stop Payment
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$25.00
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Overnight Delivery
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$25.00
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Overnight Delivery (Saturday)
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$35.00
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Overnight Delivery (International)
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$50.00
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Wire - Incoming
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FREE
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Wire - Outgoing Domestic
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$25.00
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Wire - Outgoing Foreign
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$40.00
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Wire Return Fee
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$25.00
(We do not accept third party wires. Incoming third party wires will be returned and the Wire Return Fee will be charged to the account.)
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IRAs
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IRA Annual Fee
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$35.00
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IRA Closing Fee
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$75.00
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Stock Certificates
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Safe-Keeping Fee
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$12.50 per quarter
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Stock Certificate Deposit
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$125.00 per certificate
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Stock Certificate Request
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$20.00 minimum processing and shipping cost
To determine what charges will apply, please email us at info@lowtrades.com.
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Statements/Conformations
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E-Statements
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FREE
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E-Confirmations
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FREE
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Paper Statements
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$5.00 per statement
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Paper Confirmations
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$3.00 per confirm
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Paper Copies of Statements & Confirmations (within last 2 years)
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$5.00 per statement or confirm
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Trading & Regulatory Fees
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ECN Fee
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$0.003 per share
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Inactivity Fee
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$50.00
(Charged semi-annually for trading periods between January-June and July-December of each calendar year. To avoid inactivity fees, one trade must be executed during each trading period. IRAs & Custodian Accounts are exempt.)
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Option Exercise/Assignment
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$25.00 per exercise/assignment
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Sell-Out/Buy-In Notices
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$25.00
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SEC Fee
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$0.0000192 per dollar (sells only)
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TAF (Trading Activity Fee)
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$0.000075 per share (equity sells)
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ORF (Options Regulatory Fee)
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$0.0225 per contract (buys and sells)
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Index Fee
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$0.35 per contract
(Click here to view a complete list of index options that are assessed the surcharge.)
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Trading Desk
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Level 1
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FREE
(For accounts with more than $500 in equity.)
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Level 2 Only
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$9.95 per month
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Time & Sales Only
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$5.00 per month
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Level 2 and Time & Sales
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$13.93 per month
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Trade Settlements
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Foreign Settlement Fee (ADRs exempt)
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$75.00 or more
(Varies based on number of counterparties involved. Applies to transactions and account transfers involving foreign securities that are not registered in the U.S. and not DTC eligible.)
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Physical Settlement Fee
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$125.00 per certificate
(Applies to transactions and account transfers involving domestic securities that are not DTC eligible. Fee may also apply to transactions involving securities with a DTC "chill" restriction.)
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Regulation T Extension
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$20.00 per extension
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Stock Loan
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Hard-to-Borrow Fee
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Daily stock loan charges assessed to short trades. Click here for more information.
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Dividends & Interests
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Dividend Reinvestment (DRIP)
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FREE
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Client Services
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Checking & VISA Debit Card
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$50.00 annual fee
(Available for domestic accounts only.)
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Records Research
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$100.00 per hour (1/2 hour minimum)
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Transfer On Death Agreement
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$50.00 (one time setup charge)
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Returned Mail Maintenance Fee
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$30.00
(Quarterly fee charged to accounts with returned mail associated with the address on file. To update your new address, please submit a Change of Address form.)
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Tax Reporting
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Form 1099 Copy Request
(within last 2 years)
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$5.00
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Form 1099 Copy Request
(prior to last 2 years)
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$10.00
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