Ameritrade Fees For Penny Stocks

How to sell stock short on td ameritrade the ability to short a stock to bet that it s price will go down can be a powerful tool to add to any portfolio.

Ameritrade fees for penny stocks. How to sell short on td ameritrade. 0 commission stock and etf trades. Td ameritrade fees are as of 2020 and are subject to change. Does td ameritrade offer short selling on stocks and etfs.

Let s say you trade 200 000 shares of a penny stock your fees would be 0 0035 per share. Td ameritrade and its subsidiary thinkorswim do not have additional fees and surcharges on stocks priced under 1 at both brokerage houses to penny stock orders applies flat rate commission rate of 0 per trade if stock is listed in on a u s. Fees are rounded to the nearest penny. Thanks to a pricing war in late 2019 on october 3rd 2019 td ameritrade slashed its 6 95 stock trades including etfs rate down to 0 with options trades now costing just 0 65 per contract.

A sales fee on certain sell transactions assessed at a rate consistent with section 31 of the securities and exchange act of 1934 the options regulatory fee applicable to options transactions. These charges are typically based on fees assessed under various regulations applicable to transactions. The options regulatory fee varies by options exchange where an options trade executes and whether the broker responsible for the trade is a member of a particular exchange. Td ameritrade charges a reg fee on certain transactions.

Td ameritrade fee for selling stock td ameritrade charges 0 fee for selling any stock or etf. Open td ameritrade account. Since i don t use td ameritrade i can t tell you how good or bad it is. Despite charging 6 95 for penny stock trades regular stock trades are 0 td ameritrade offers the most comprehensive selection of trading tools through the thinkorswim trading platform.

One of the best things about td ameritrade is they don t have surcharges on penny stocks or otc pink sheets. Well you would pay a whopping 700 for that trade 0 0035 200 000. Alongside being our top pick for trading penny stocks td ameritrade also finished first overall in our 2020 review. Td ameritrade pricing summary.

Unlike some other online brokers there is no surcharge to trade penny stocks large amount of shares as well as to trade during extended hours. However despite 0 stock and etf trades there is still a 6 95 flat rate fee for trading penny stocks. Exchange regardless of a stock price or a number of shares. For the most recent information on td ameritrade fees visit their website.