Commissions and Fees

Commission Schedule for Online Trading:

STOCKS (any price, any stock)

    $14.95 per transaction up to 1000 shares, plus $0.02 per share thereafter on all stock orders.
    There are no extra charges for Limit or GTC orders.

OPTIONS

    $25.00 for all options plus $2.00 per contract.

MUTUAL FUNDS

    No Load Funds, $35.00 transaction fee.
    Load Funds, there are no transaction fees.

ALL BONDS (any price, any bond)

    $3.00 per bond.
Note: Before Seaport Securities Corp. will accept any order (MKT, Limit, or GTC) you must have good funds or stock in your account.

Fees for all accounts:
ACATS Out $60.00
Account Inactivity * $50.00
Automatic Money Market Sweeps NO FEES
Certificate Issuance $25.00
Checking Account $12.50
Duplicate Confirms $5.00
Duplicate Copies of Checks $10.00 per check
Duplicate Statements $5.00 per page
Foreign Wire $45.00
IRA Annual Fee NO FEES
IRA Termination Fee $60.00
Late Payment (extensions) $5.00
Legal Transfer (special registrations) $75.00
Mailgrams (urgent communications) $5.00
Overnight Mail $25.00
Physical DVP $10.00
Post Actionable Reorganizations $25.00
Postage Postage and Handling $1.00
Returned Check $25.00
Voluntary Reorganizations $25.00
Wire Funds $25.00

  *Account Inactivity = no trades for more then 12 months or more during the period July 1 through June 30, and less then $5,000 in Money Fund.
    Account inactivity exemptions:
  • You have an active Margin Account
  • You have an active IRA account
  • If your account has incurred Reorganization Fees within the last 12 months
  • You have more then $50,000 invested in No Transaction Fee (NTF) Funds
  • Accounts within a "Household" where at least one account is exempt from the fee. Example: you have an individual account, as well as custodial accounts for your child/children, and one, if not all, meet the exempt criteria.
Margin Interest Rate Table:
Average Debit Balance Interest Rate Above Brokers Call Rate
$100,000 and above 1% above broker call rate
$50,000 to $99,999 1.5% above broker call rate
$25,000 to $49,999 2% above broker call rate
$15,000 to $24,999 2.25%above broker call rate
under $15,000 2.5% above broker call rate