| Type | Amount | When | Charged By |
|---|---|---|---|
| Trading Activity Fee (TAF) | $0.00279 per contract* | Sells only | FINRA |
|
Consolidated Audit Trail Fee (CAT) |
$0.0000265 per equivalent share* |
Buys and sells |
FINRA |
| Options Regulatory Fee (ORF) | $0.02685 per contract | Buys and sells | Option Exchanges |
| Options Clearing Corporation (OCC) | $0.02 per contract capped at $55 per trade | Buys and sells up to 2750 contracts | Options Clearing Corporation |
| Options Clearing Corporation (OCC) | $55.00 per trade | Buys and sells over 2750 contracts | Options Clearing Corporation |
| Regulatory Transaction Fee (SEC) |
$0.000008 Total $ Trade Amount (Min $0.01) |
Sells only | Securities and Exchange Commission |
*For FINRA TAF and CAT fees, each fee is rounded to the nearest one cent.
For example, if you buy 0.1 share of Apple for $200 per share, the fee is: FINRA CAT Fee: $0.00000265 rounded to $0.01.
If you sell 0.1 share of Apple for $200 per share, the fees are: FINRA TAF Fee: $0.0000166 rounded to $0.01; FINRA CAT Fee: $0.00000265 rounded to $0.01.
Ongoing Promotion: Free Options Trading
Syfe currently offers free options trading for the first 5,000 contracts per month. During this promotional period, no commission fees will be charged for these contracts - until the monthly limit is reached. Standard fees apply thereafter. We reserve the right to modify or end this promotion at any time.
Options Trading Fees by Tier (All fees are in USD)
| Fee Type | Blue | Black | Gold | Platinum | Diamond |
|---|---|---|---|---|---|
| Commission Fee (per contract)^ | $0.59 | $0.49 | $0.39 | $0.29 | $0.00 |
| Platform Fee | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Minimum Fee per Order | $0.99 | $0.99 | $0.99 | $0.99 | $0.00 |
^The fees shown above are standard fees applicable after the promotional period.
For more information on Syfe's Pricing, please refer to this link.
