Service Fee:
Tiered Commission Plan
Number of options traded per month | Commission per option | Platform Fee |
1-50 options | USD 0.8 | USD 0.3 per option, minimum USD 1 per order
|
51-150 options | USD 0.7 | |
151-300 options | USD 0.65 | |
301-500 options | USD 0.6 | |
501-2,000 options | USD 0.55 | |
2,001-5,000 options | USD 0.50 | |
5,001-10,000 options | USD 0.45 | |
10,001-50,000 options | USD 0.40 | |
50,001-100,000 options | USD 0.35 | |
100,001 options and more | 0 |
Fixed Commission Plan:
Commission | Platform Fee |
USD 0.65 per option, minimum USD 1.99 per order | USD 0.3 per option, minimum USD 1 per order |
Notes:
Users can choose either the tiered or the fixed commission plan,Commission: Min. USD 1.99/Order.
It is in your best interest to select a tiered plan when you trade over 525 Contracts per month.
If an order is divided into multiple transactions, the order might be charged by different tiers, based on monthly cumulative trade volume before placing new orders.
The fees of the GTC (Good Till Cancel) Order will be calculated by the filled amount of transactions per trading day. Transactions on the same trading day shall be regarded as one order, while transactions on different trading days shall be regarded as different orders for calculation.
Fees Charged on behalf of the third Parties
Charged By
| Exchange | SEC | Financial Industry Regulatory Authority | U.S. Options Clearing Corporation | U.S. clearing, settlement, and other institutions | Exchange |
Type | Options Regulation Fee | SEC Fee (charged only for sell orders) | Trading Activity Fee (charged only for sell orders) | Clearing Fee | Option Settlement Fee | Exchange Fee |
Fees | USD 0.02685 per contract
| USD 0.0000278*trading value Minimum USD 0.01 per transaction
| USD 0.00279* Number of contracts sold Minimum 0.01 USD per transaction | USD 0.02 per option Up to USD 55 per trade | USD 0.18 per contract | Fees depend on the exchange on which the contract is traded |
(1) Options Trading Fees charged by exchanges may vary as the impact of orders on options liquidity varies. The exact fees are subject to the exchanges. Trading fee is a pass-through fee charged by SEC (US Securities and Exchange Commission) and is charged for sell orders only.
(2) FINRA Trading Activity Fee is a pass-through fee charged by FINRA (US Financial Industry Regulatory Authority) and is charged for sell orders only.
(3) OCC Clearing Fee is a pass-through fee charged by OCC (US Options Clearing Corporation).
(4) Exchange Fees vary depending on the exchange in which the contract is executed.
(5) If there is any change in the fees charged by third parties such as exchanges and regulators, Tiger will adjust the fees it charges on their behalf accordingly.