US STOCK OPTIONS

ItemRateCharged by
Commission0.65 per contract, minimum $1.99 per orderSnowball X
Platform Usage Fee$0.30 per contractSnowball X
Options Regulatory Fee (ORF)$0.03005 per contractExchanges
Transaction Fee (charged on sales only)$0.0000278 × total sale valueU.S. Securities and Exchange Commission (SEC)
Trading Activity Fee (charged on sales only)$0.00244 per contractU.S. Financial Industry Regulatory Authority (FINRA)
Clearing Fees by Options Clearing Corporation (OCC)Based on the number of contracts per order: $0.02 per contract for orders with 1–2750 contracts; $55 per order for orders exceeding 2750 contractsOCC
Exchange feesBased on the transaction costs of the respective exchangeExchanges

*The following exchanges impose an Options Regulatory Fee (ORF): AMEX, BATS, BOX, CBOE, CBOE2, ISE, GEMINI, MIAX, NOM, PCX, PHLX.

*In options trading, additional fees may be incurred based on the type of liquidity generated, with specific charges determined by the exchanges.