Broker-assisted orders are an
additional $10.

Commissions & Fees

Commission Schedule

Stocks* (Unlimited Shares):
Market Orders	$7.95
Limit Orders	$11.95
Pink Sheets & Bulletin Boards (Limit Orders Only)	$11.95
Foreign Stocks**	$39.00
* Additional fees may apply to orders greater than 2,000 shares directed to the NYSE. **Foreign stock orders must be placed with a broker; there is no additional broker-assistance charge.
Options:
Equity or Index, Market or Limit	$1.50 Per Contract
Minimum	$14.95
Option Exercise/Assignment	$14.95
Option rates apply to each side of spread orders. Option strategies involve multiple purchases; therefore your transaction costs may be significant for option strategy trades.
Broker Assisted Trades:	Additional $10.00
Extended Hours Trading:
Up to 5,000 shares	$25.00
Over 5,000	.003 Per Share
No broker-assist charge.
Listed Bonds:
First 25 Bonds	$5.00 Per Bond
Each Additional Bond	$3.00 Per Bond
Minimum	$39.00
Call a fixed income specialist at 1-888-897-8133.
Mutual Funds:
No-load Mutual Funds	$15.00
Periodic Invest - Withdraw	$5.00

Stock Certificate Processing Fees

Certificate Processing Fee	$75.00 per cusip, per deposit, plus applicable fees†
Deposit/Processing Fee for Bulletin Board & Pink Sheet Stocks	$75.00
DRS Statement Withdrawal	$30.00
A DRS statement is sent only when a security is returned to the transfer agent to hold in book entry form.
DWAC and DRS Process Fee	$30.00 plus transfer agent fees
ESOP Trades	$125.00 plus applicable fees†
Foreign Securities Delivery	$15-200.00
Foreign Securities Transfer	$15-200.00
Request of Certificate for DRS Eligible Issue	$350.00 per certificate withdrawal, plus applicable fees†
Rush Transfer Request	$575.00 per certificate withdrawal†
Transfer and Ship Request	$235.00 plus applicable fees†
Warrant Exercise	$125.00 plus applicable fees†

† Applicable fees include wire fees, rejection fees, and shipping fees, redeposit fees, transfer agent fees, DWAC fees, and agent fees.

Miscellaneous Fees

ACH Recall/Reversal/Return	$30.00
ADR Holding Fee (This fee is charged annually by DTCC)	$0.03 per share
Bond Redemption	No Fee
Cancel and Re-bill	$5.00
Cash Account Late Payment – Same as Margin Debit Charges, plus:	$10.00
Check Reorder	$10.00
Conversion of Bonds/Preferreds	$13.95
Copy of Past Confirmation	$5.00
Copy of Past Statement	$5.00
DRIP	No Fee
Estate Valuation	$45.00
IRA Maintenance	No Fee
IRA Setup	No Fee
IRA Termination	$50.00
Legal Transfer Out – After 28 Days	$25.00 per security
Non-DTCC Eligible Securities	$75.00 plus applicable fees†
Overnight Check Fee	$20.00
Overnight Check Fee – International	$25.00
Overnight Check Fee – Saturday	$25.00
Reorganization – Less Than 48 Hours	$50.00 per security
Reorganization – Mandatory	No Fee
Returned Check	$30.00
Right or Warrant Exercise	$13.95
Split Units	$14.00
Tenders
Voluntary Per Position	$25.00
Voluntary Per Position - Less Than 48 Hours	$50.00
Mandatory	No Fee
Transfer Out - Full	$50.00
Transfer Out - Partial	$25.00 per security
Wire Transfers
Wire Transfer	$20.00
International Wire Transfer	$50.00
Recalled Wire	$30.00
Returned Wire	$30.00
Wire Amendment	$15.00
Wire Investigation	$50.00
Wire Repair	$15.00
Worthless Security Held	$7.50 per cusip, per month
Worthless Security Reinstated	$15.00 per cusip, if security has not been destroyed by DTC

Fees & Commissions effective as of November 9, 2009 . All fees subject to change without notice.

Options involve risk and are not suitable for all investors. Certain requirements must be met to trade options through Investrade. On-line trading has inherent risks due to delay or loss of online services, system performance, market conditions, erroneous or unavailable market data. Investors should understand these and additional risks before trading. Before considering any option transaction, please read Characteristics and Risks of Standardized Options provided by the Options Clearing Corporation (OCC), available in Adobe Acrobat PDF format. A current copy may also be obtained by calling Investrade at 1-800-498-7120 or by mailing your request to Investrade Discount Securities, 950 Milwaukee Ave., Ste. 102, Glenview, IL 60025. Because of the importance of tax considerations, Investrade recommends consulting your tax advisor before contemplating any options transaction. Supporting documentation for any claims, comparison, recommendations, statistics, or other technical data, will be supplied upon request.

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The information on this web site is for discussion and information purposes only. All accounts accepted at the discretion of Investrade which accepts customer orders only on an unsolicited basis, and does not make any recommendations regarding any security or securities product with the possible exception of orders executed by our full service bond desk. Nothing contained herein should be considered as an offer to buy or sell any security or securities product. Systems response and account times may vary due to market conditions, system performance, and other factors.