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Commissions |
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Data and Platform fees |
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Other Fees |
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| Stocks and Options Commissions |
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| U.S. Equities |
$9.95 FLAT |
Canadian Equities
Less than $3.00 |
$9.95 |
Canadian Equities
Greater or equal to $3.00 |
$9.95
(Up to 1,000 shares, $0.01 per share above) |
| Canadian & U.S. Options |
$9.95 + $1.25/contract |
- Commissions are charged on a per trade basis (Buy or Sell), plus applicable ECN/Exchange Fees
- Fees for U.S. transactions are charged in U.S. dollars
- Add $20.00 for broker-assisted trades
- Full commission charges apply for each partial fill except when transacted on the same business day
- Full commission charges apply to each side of spread and combination orders
- The broker-assisted equity fee schedule applies to all assignments and exercises
For high volume clients who scale in and out of position with small share lot sizes - we offer a very competitive per share pricing option. For more information, click here.
| Exchange/ECN Fees |
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| U.S. Equities |
Per Share Fee (USD) |
| FAST* |
USD $ 0.005
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| INET |
USD $ 0.003
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| ARCA |
USD $ 0.004
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| US OTCBB and Pinks via FAST |
USD $ 0.005
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| MNGD |
No Fee
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*FAST fees only apply to U.S. equity orders. With our FAST route, orders are routed to various Execution Venues by TradeFreedom's Intelligent Auto Routing algorithm which has been designed to utilize venues that provide 'quality of execution' benefits based on a variety of criteria including price, liquidity, speed.
The Securities and Exchange Commission charges a fee of 0.00153% of the total dollar amount of U.S securities sold. This fee is assessed for all SELL orders (U.S. exchanges) executed by TradeFreedom clients, and is added to the total commission charged by TradeFreedom.
| Mutual Funds |
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| A service fee of $37.95 will be charged for purchases and redemptions of mutual funds. |
| Fixed Income/Bonds |
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| For fixed income transactions, we will act as principal and may earn revenue from the transaction based on the difference between the price paid by us for the security from a third party dealer and the price you pay. This mark-up is included in the price quoted to you. |
| Foreign Exchange Spot Transactions |
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| For spot forex transactions above the Ticket Fee Threshold indicated for the applicable currency pair no commission is charged to you as we are compensated through the spread between the bid/ask prices. For trades below the indicated Ticket Fee Threshold, a ticket fee of US$10 is added to the trade. Click here for full details. |
| Foreign Currency Cash Conversions |
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| If you would like to convert your funds from one currency to another, or if you wish to trade a security and settle that trade in an account which is denominated in a currency other then that of your trade, TradeFreedom Securities, Inc. will be required to convert your funds. For these foreign currency transactions, TradeFreedom Securities, Inc. acts as principal with you, and may earn revenue on these transactions. |
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| Platform and Data Feeds |
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TradeFreedom offers you the choice of 2 advanced trading platforms, both at no charge.
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| Platform |
Web-based |
Desktop Software |
| Quotes |
Live Streaming Level 1
- NASDAQ/NYSE/AMEX
- TSX
- OPRA *
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Live Streaming Level 1
Live Streaming Level 1 3/4
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| Fees |
No Fee |
No Fee |
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* OPRA quotes available to clients with a funded options account.
For highly active traders we offer more options including advanced desktop platforms which provide additional features and functionalities. Please contact us for details.
| Additional Data Fees |
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Our TradeFreedomEdge platform can also be upgraded with a variety of extra data and news feeds (for an additional monthly fee), providing a truly customized trading experience.
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| Feed |
Monthly Fee
(CAD) |
| NASDAQ Level 2 * |
20.00 |
| Arca Book |
20.00 |
| TSX Market by Price |
50.00 |
| TSX Market by Order |
60.00 |
| TSXV Level 1 |
25.00 |
| TSXV Market by Price |
45.00 |
| TSXV Market by Order |
60.00 |
| MX Level 1 |
6.00 |
| MX Level 2 |
9.00 |
| NYMEX E-Mini |
8.00 |
| CME E-Mini |
25.00 |
| CME E-Mini Level 2 |
35.00 |
| CME Full Service |
45.00 |
| CBOT Full Service |
50.00 |
| Additional Quote Feed |
25.00 |
If you trade a minimum of 10 times per month, you may be eligible for our TradeFreedom Elite program. As an Elite client, you may benefit from FREE Canadian and US Streaming Level 2 Quotes and FREE Streaming TSX Venture Quotes.
| News Feeds |
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| Feed |
Description |
Monthly Fee
(CAD) |
| Comtex Public Companies CustomWire |
Includes press release information on any company that trades on
a U.S. or Canadian exchange. This CustomWire delivers the latest news
on corporate announcements, stock splits, technological discoveries,
quarterly earnings and new marketing initiatives. Company stock tickers
are included in all reports. |
$15.00 |
| Comtex SEC CustomWire |
Includes real-time, non-stop news on business, financial and competitive
information as disclosed in SEC filings by over 15,000 U.S. publicly
traded companies. This is the data that is critical to sound business
and investment decisions. |
$15.00 |
| Comtex French Select CustomWire |
Comtex's aggregation of native language real-time newswires delivers
business news and information as well as top international stories.
French Select topics include breaking news, companies, people economy
and markets. |
$15.00 |
| Data Feeds for Professional Users |
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| Feed |
Monthly Fee* |
| NASDAQ Level 1 |
USD $20.00 |
| NASDAQ Level 2 |
USD $50.00 |
| NYSE |
USD $127.25 |
| AMEX |
USD $30.20 |
| TSX |
CAD $42.00 |
| TSX Market Book (Level 2) |
CAD $48.00 |
| TSX Venture |
CAD $25.00 |
| TSX Venture Market Book (Level 2) |
CAD $25.00 |
| MX Level 1 |
CAD $35.00 |
| MX Level 2 |
CAD $45.00 |
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For all other Data Fees please contact your designated account manager for details.
* Prices may vary and are subject to change. Taxes are NOT included in professional fees listed for NASDAQ Level 1 3/4 & 2, NYSE, AMEX and TSX Venture.
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You are considered a professional trader if you are:
- Registered or qualified with any securities exchange, association or commission, including, the Securities and Exchange Commission, the Commodities Futures Trading Commission, any provincial securities agency, or any commodities or futures contract market or association.
- Engaged as an "Investment advisor".
- Employed by a bank or another organization that is exempt from registration under Federal and/or provincial securities laws.
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| Customer Charges and Fees |
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| Service |
Fee |
| Minimum Account Balance or Low Activity Fee |
No Fee |
| Account Transfer In |
No Fee |
| Account Transfer Out - Full |
$125.00 † |
| Account Transfer Out - Partial |
$50.00 † |
| Electronic Funds Transfers (In or Out) |
No Fee |
| Pre-Authorized Contributions |
No Fee |
| NSF Cheques |
$35.00 |
| Wire Transfer Out - Canadian |
$25.00 |
| Wire Transfer Out - US |
$40.00 |
| Wire Transfer Out – International |
Please call for rate |
| Certificate Deposit (per Issue) |
$20.00 |
| Certificate Withdrawal (per Issue) – Regular Delivery |
$50.00 |
| Certificate Withdrawal (per Issue) – Rush Delivery |
$150.00 |
| Safekeeping Services |
$50.00/month † |
| Trade Confirms – Electronic |
No Fee |
| Trade Confirms – Paper |
$1.50 per Trade (Max of $10.00/month) |
| Duplicate Confirm |
$10.00 † |
| Duplicate Statement |
$10.00 † |
| Duplicate Tax Form |
$10.00 † |
| Special Research Requests (minimum 1 hour) |
$75.00/hour † |
| Dividend Purchase Plans (per Account) |
$1.00/month |
| QSSP Account |
$75.00 |
| Estate Account Processing |
$75.00 per hour |
| Deliver/Receive per Position |
$25.00 |
| Equity Redemption or Tender |
Same price as a trade |
| Exercising Warrants or Rights Subscriptions |
No Charge |
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| Registered Accounts (RRSP/LIRA/RRIF/LRIF/RESP) |
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| Annual Administration Fee |
No Fee |
| Full Withdrawal (De-Registration) |
$125.00 † |
| Partial Withdrawal |
$25.00 † |
| RRIF Scheduled Payment Cheque |
$10.00/payment |
| RRIF Scheduled Electronic Deposit |
FREE |
| CCPC (Canadian Controlled Private Corporations) |
One Time Set Up Fee of $250.00 Plus $50.00 Annual Fee |
† Plus GST
The above fees are effective as of September 1, 2006. Fees or charges (excluding interest or commissions charged) relating to services provided by TradeFreedom Securities will not be imposed or changed without 60 days prior written notice.
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