What it Costs

$5k gets you in. $5 keeps you trading.

To sign up for TD AMERITRADE Izone, you need to fund with and maintain a minimum account value of $5,000. Your initial funding can be done either through a bank wire or brokerage transfer. Internet equity trades start at $5 per trade, which is made possible because everything from your statements to client services is handled online.

In the table below, you’ll find detailed information on the commissions, margin rates and service fees that are associated with a TD AMERITRADE Izone account. Fees charged may vary by program, location or arrangements. Fees are subject to change upon 30 days notice to you.

Stocks(1)
Trade Unlimited Shares Price
Internet $5.00
Interactive Voice Respone (IVR) Phone System $5.00
Extended-hours Limit Orders (Internet and IVR) $5.00
Seamless Sessions (Day + Extended or GTC +Extended) $5.00
Broker-assisted Market Orders $24.99
Broker-assisted Limit Orders $24.99
Options*
Equity or Index Price
Internet $5.00 + $0.75 per contract
IVR Phone System $5.00 + $0.75 per contract
Broker-assisted Market Orders $24.99 + $0.75 per contract
Broker-assisted Limit Orders $24.99 + $0.75 per contract
Exercises and Assignments $19.99
Mutual Funds(2)
Fund Type Price
NTF No Commission
No Load $17.99
Load No Commission*

Effective November 11, 2006, funds held 90 days or less may be subject to a Short-Term Redemption fee of 0.60% of the trade ($39 minimum and $199 maximum). This fee is in addition to any applicable transaction fees or fees addressed in the fund’s prospectus.
*The Fund Family will charge sales fees as detailed in the fund prospectus.

Margin Rate(3)
Margin interest rates vary with the base rate and in accordance with the following schedule based on the size of the margin debit balance.
Dollar Range Above/Below Base Rate
Under $10,000 + 1.25%
$10,000 - $24,999 + 1.00%
$25,000 - $49,999 + 0.75%
$50,000 - $99,999 - 0.25%
$100,000 - $249,999 - 0.50%
$250,000 - $999,999 - 0.75%
Above $999,999 - 1.50%

As of , the current base rate is %.

Bonds & CDs (4)
Treasuries at Auction $25.00 flat fee
Bond and CD trades on a net yield basis On a net yield basis

TD AMERITRADE may act as principal on any fixed-income transaction. When acting as principal, we will add a markup to any purchase, and subtract a markdown from every sale. This markup or markdown will be included in the price quoted to you.

Service Fees(5)
Description Cost
Forced Margin Sellout $25.00 + broker commission
Reorganization  
Mandatory $20.00
Voluntary Tender Offer $30.00
Voluntary Withdrawal from Tender Offer $10.00
Returned ACH $25.00
Transfers  
Depository Trust Company $25.00 per position
Inbound No Fee
Outbound Full $50.00
Outbound Partial $50.00
Wires Incoming No Fee
Wires Outgoing (2 requests/month) No Fee
Wires Outgoing (each additional request) $25.00

Cash Sweep Vehicles Interest Rates(6)
TD Bank USA, N.A. Money Market Deposit Account Rates

TD AMERITRADE Cash Rates

Effective . Subject to change without prior notice. Please contact us at clientservices@izone.com for current rates.




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*Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Please read Characteristics and Risks of Standardized Options before investing in options.

(1) Some orders cannot be completely filled at one time (due to share availability) so you may receive partial executions throughout the day or (if a good till canceled order) over the course of several days. Orders executed in multiple lots on the same trading day will be charged a single commission. When an order is partially executed over multiple trading days, the order is subject to a seperate commission charge for each trading day. For example: You place an order to sell 1,000 shares of XYZ. On day one, you receive a fill of 500 shares. On day two, you receive one fill of 300 shares and another fill of 200 shares. Two commissions will be charged, one for the fill on day one and one for the fills on day two. If you choose to cancel the order after day one, only one commission will be charged.

(2) TD AMERITRADE receives remuneration from fund companies participating in its no-load, no-transaction-fee program for record-keeping and shareholder services and other administrative services. The amount of TD AMERITRADE remuneration for these services is based in part on the amount of investments in such funds by TD AMERITRADE clients. No-transactions-fee funds have other fees and expenses that apply to a continued investment in the fund and are described in the prospectus. The Fund Family will charge fees as detailed in the fund prospectus.

(3) When setting the base rate, TD AMERITRADE considers indicators including, but not limited to, commercially recognized interest rates, industry conditions relating to the extension of credit, the availability of liquidity in the marketplace, the competitive marketplace and general market conditions.

(4) All prices are shown in U.S. dollars. Fees charged may vary by program, location or arrangements. Fees are subject to change upon 30 days notice to you. TD AMERITRADE charges a sales fee on certain sell transactions. The sales fee is assessed at a rate consistent with Section 31 of the Securities and Exchange Act of 1934.

(5) All service fees are subject to change. Transfer and termination fees may be charged by the firm you are transferring the account from.

Market volatility, volume and system availability may delay account access and trade executions.

(6) Interest rates paid on balances in the MMDA and TD AMERITRADE Cash are based on tiers. The previous day's closing balance determines eligibility for a particular tier each day. Simple interest is accrued daily based on the interest rate tier applicable to each day's balance, and is credited to your account on the last business day of the month. In accordance with the Terms and Conditions, TD AMERITRADE may change the tiers and rates at its discretion and without notice and is not obligated to pay different rates between tiers. Rate changes may vary by program, location or arrangement.

TD AMERITRADE receives a fee from the Bank for marketing and related services in connection with the MMDA. TD AMERITRADE has the right to waive all or part of this fee. The fee is derived using a formula which results in the fee varying from month to month depending on the interest rate environment and the profitability of the Bank with respect to such deposits. As required by Federal Regulations, the fee the Bank pays TD AMERITRADE does not exceed the amount that the Bank would offer in good faith to non-affiliated entities. The rate of the fee that TD AMERITRADE receives may exceed the interest rate or effective yield that you receive in your MMDA. Other than the applicable fees we charge on brokerage accounts, there will be no charges, fees or commissions imposed on your account for this cash sweep feature.