Financial Advisor


FEES AND COMMISSIONS

AdvisorTradz.com is pleased to offer one of the most competitive commission schedules in the industry. We are constantly striving for ways to reduce costs and thereby permitting us to pass the savings on to our customers in lower commissions. Our current fee schedule is detailed below; if you have any questions regarding the charges outlined below you can contact us at either
1-866-ADVIZOR (238-4967) or AdvisorTradzService@obsmail.com.

Commission Schedule

Equities

 

Market

$ 14.95

 

Limit

$ 14.95

 

Stop Order

$14.95

 

Broker Assisted

$29.95

Option Orders

 

Base

$19.95

 

+ Per Contract

$  2.95

Mutual Funds

 

Call 1-866-eBank4u
(322-6548) For Current Mutual Fund Availability

 

 

$30.00

Note:
Broker assisted trades billed at $29.95 per transaction.
Trades executed on Arca billed at $.004 per share.
Trades executed on INET billed at $.003 per share.

Fee Description

Amount

Tenders, Exchanges, Reorganization

$10.00
per customer per issue

Account Transfer (ACAT Outgoing)

$50.00
per account

Transfers/Customers

$50.00
per certificate + any direct cost

Transfers/Courtesy

$50.00
per certificate + any direct cost

Transfers Foreign

$15.00
+ direct cost/delivery within the USA

Transfers Foreign

$100.00
+ direct cost/delivery outside the USA

Safekeeping Charge

 (private certificates)

$15.00
per account quarterly

Records Research

$50.00/HR
(1/2 hour min)

Cancel & Correction

$10.00
per confirmation

DTC Fee

$10.00
per certificate

Reg T Extension

$10.00
per extension

Rule 144 Filing

$100.00
+ direct costs

Overnight Mail

$25.00
per envelope

Wire Outgoing

$25.00
per wire

Customer Return Check

$30.00
per check

Stop Payment Request

$25.00
per request

Foreign Outgoing Wire

Direct Cost
Wire fees, swift charges, etc.


Margin Rate

6.95% as of 07/06/2005


Regulatory Charges:

Securities and Exchange Commission Charge

Note: SEC charges a fee of $41.80 per $1,000,000.00 (effective April 1 2005) of market value for all SELL side orders. This fee is assessed for all SELL orders executed by Online Brokerage Services and is added to any total commissions charged.
NASD TAF (Trading Activity Fee) On October 1, 2004, the SEC approved an NASD rule filing amending the Trading Activity Fee (TAF) to reduce the TAF rate for covered equity securities** as well as reduce the maximum per trade charge on covered equity securities.

As a result of this amendment, the TAF rate has been reduced from .10 per 1000 to .075 per 1000 shares.  The maximum rate has been reduced from $10.00 on a 100,000 share trade to $3.75 on a 50,000 share trade.  These changes are effective November 1, 2004.

 

*The term Direct Access refers to the client’s ability to determine which Exchange, ECN or Market Maker receives their order. The term does not mean to imply that you can trade without a broker, as any transaction would require a relationship with a registered Broker-Dealer. Securities offered through Online Brokerage Services member NASD/SIPC, NFA.

The risk of loss in electronic trading can be substantial, you should therefore consider whether such trading is suitable for you based on your individual circumstances and financial resources. Account access, trade execution and system response may be adversely affected by market conditions, quote delays, system performance and other factors. Extended hours trading entails several risks including lower liquidity, higher volatility, wider spreads, changing prices, unlinked markets, news and announcements. Not all securities, products or services are available in all states or countries outside the United States and nothing herein should be deemed as an offer or solicitation of these securities, products and services in any jurisdiction in which Online Brokerage Services is not properly licensed and registered.