US Stocks

US stocks, ETFs trading Commission01
Transaction Fees2$0.0000207*Value of Aggregate Sales
FINRA Trading Activity Fee$0.000119*Quantity Sold

Notes

1. For clients who send an extraordinary number of non-marketable limit orders to the NYSE, and who route such orders direct to NYSE, rather than using Smart routing by our clearing broker, we reserve the right to impose a surcharge in order to defray specialist order handling charges. In this event, we will provide notice to affected clients.
2. Transaction fees are only charged for sell orders. Under Section 31 of the Securities Exchange Act of 1934, U.S. national securities exchanges are obligated to pay transaction fees to the SEC based on the volume of securities that are sold on their markets. Exchange rules require their broker-dealer members to pay a share of these fees who, in turn, pass the responsibility of paying the fees to their customers. Only applies to sell transactions and appears on the trade confirmation as: “FEES”. View more.
• VAT, also referred to as consumption tax, goods and services tax, where applicable, will be separately applied for eligible services.
• Commissions and fees may change from time to time. Marsco Investment Corporation reserves the right to adjust the rates at any time, without given advanced notice.

US Options

US Option Commission1$0.65/contract, with $1.00 minimum2 per order
Option Regulatory Fee (ORF) 3,4$0.0379/Contract
Transaction Fee (Charged only to sell orders) 5$0.0000207*Value of Aggregate Sales
FINRA Trading Activity FeeUSD 0.002*Quantity Sold
OCC Clearing Fee$0.055/Per contract, with Maximum $55/order

Notes

1. Commissions apply to all order types. Commissions are not charged for US exercise and assignment. Commissions are not charged for US cabinet buy-to-close trades.
2. Order minimums will be applied to the individual legs of a COMBO order.
3. The Option Regulatory Fee (“ORF”) is charged by the following exchanges: AMEX, BATS, BOX, CBOE, CBOE2, EDGX, EMERALD, ISE, GEMINI, MERCURY, MIAX, MERCURY, NOM, NASDAQBX, PSE, PHLX.
4. Fee applies to executions which clear in the “Customer” account with OCC. This will generally include Public Customer and Professional Customer transactions.
5. Transaction fees are only charged for sell orders. Under Section 31 of the Securities Exchange Act of 1934, U.S. national securities exchanges are obligated to pay transaction fees to the SEC based on the volume of securities that are sold on their markets. Exchange rules require their broker-dealer members to pay a share of these fees who, in turn, pass the responsibility of paying the fees to their customers. Only applies to sell transactions and appears on the trade confirmation as: “FEES”. View more
• Modified orders will be treated as the cancellation and replacement of an existing order with a new order. On certain exchanges, this may have the effect of subjecting modified orders to commission minimums as if they were new orders. For example, if an order for 200 contracts is submitted and 100 contracts execute, then you modify the order and another 100 contracts execute, a commission minimum would be applied to both 100 contract orders.
• Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risk. Before trading options, please read Characteristics and Risks of Standardized Options. Supporting documentation for any claims, if applicable, will be furnished upon request.
• Commissions and fees may change from time to time. Marsco Investment Corporation reserves the right to adjust the rates at any time, without given advanced notice.
• Our execution broker IBKR considers exchange fees and/or rebates in determining where to route an order. Under certain circumstances, IBKR may route a marketable order to an exchange that is not currently posting the national best bid or offer (NBBO) but which may be willing to "step up" and execute the order at the NBBO, in order to avoid or reduce the exchange fee for executing the order. If this routing method is used, the client generally will pay a lower execution fee than client would have otherwise paid. In those cases where IBKR routes to an exchange that is not currently posting the NBBO in order to reduce or avoid exchange fees, IBKR will guarantee the client a fill at the NBBO at the time that IBKR routed the order. To view the detailed exchange fee information, please click: https://www.interactivebrokers.com/en/index.php?f=1203&nhf=T

Other Fees

Other Fees
Option Exercise & Assignment01
Incoming Wire 0
Outgoing WireThe first time wire out is free for the month, the rest will be charged $10/ transaction2
ACH Deposit / Withdraw ACH deposit is free of charge. The first time ACH withdraw per calendar month is free. Subsequent withdrawals are charged $1.00/transaction.
ACATS Transfer In03
ACATS Transfer out0
FOP Transfer In & Out0
DRS Deposit$25/settled transaction; $100/ rejected transaction
DRS Withdraw$5/settled transaction; free for rejected transaction
Rights or Warrants Exercise Fee0
ACH Bounce Fee0
Wire Return Fee0

Notes

1. Marsco Investment Corporation does not charge an option exercise or assignment fee. Certain transactions are subject to the standard commissions for the applicable products.
2. Marsco Investment Corporation withdrawal fees do not cover third-party fees. The account holder will be solely responsible for any fees assessed by a beneficiary or correspondent bank. In addition, processing fees charged by your bank or its correspondent bank, which are not included in Marsco Investment Corporation withdrawal fees, may be deducted from wire proceeds.
3. While Marsco Investment Corporation does not charge for incoming or outgoing ACATS transfers, customer should consult with their sending or receiving firm to determine if there will be any applicable fees for the transfer.
4. All the fees are pass-through charges from Marsco Investment Corporation’s clearing firm. Marsco Investment Corporation and the clearing firm reserve the right to adjust the rates at any time, without given advanced notice.