Option covered brokers trading

So if an option brokerage charges an unusually low fee compared to the industry norms, make sure you find out whether there are other fees that you should be aware of. So, if you are an active trader making dozens of trades a month, it makes sense to look out for a brokerage firm that offers such a discount scheme. Hidden Fees To offset their low commission charges, some discount brokerage firms charges a slew of hidden fees. Published by, blain Reinkensmeyer on, tuesday, March 10th, 2015. Stocks: 4.95, options: 4.95 0.50 per contract, special Offer: Trade free for 60 days. Learn More, stocks: 9.99, options: 9.99 0.75 per contract, exclusive: Trade free for 90 days get up to 600. It is important to know how they are used to calculate the total commission costs per transaction. Usually, the following method is used: Total Commission X per Trade Y Per Contract.

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