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HTS Fees

DescriptionFee
Cancel and Re-bill$20.00
Copy of Past Confirmation$5.00
Copy of Past Statement$5.00
DTC Non-Transferable Fee$15.00 Per Month
DTC Non-Transferable Securities Held$150.00 Annually
DRIPNo Charge
Estate Valuation$75.00
Foreign Custody Transfer Fee$100.00 Per Security
Foreign Security HoldingNo Charge
Foreign Security Transaction$50.00 Surcharge
Inactivity Fee $50.00 Annually
Index Option Exchange Fees Varies
Options Regulatory Fee (ORF)$0.0415 Per Contract
Overnight Check Fee$20.00
Physical Certificate Held at DTC Delivery Fee$100.00
Physical Certificate Held at FSW in Stree Name or Client Name$150.00 Per Year
Reorganization – MandatoryNo Charge
Reorganization – Voluntary$50.00
Retirement Accounts 
Simple IRAs 
   Simple IRA 5304 Annual Fee$45.00
   Simple IRA 5305 Annual Fee$100.00
   Simple IRA Setup Fee$100.00
Traditional, Roth, Rollover, SEP IRAs & Coverdell ESAs 
   IRA Annual Fee$15.00
   IRA Setup FeeNo Charge
   IRA Termination Fee$50.00
Returned Check$40.00
SEC Transaction Fee Varies
Short Stock Hard to Borrow FeeVaries
Statements & Confirms 
   Electronic ConfirmsNo Charge
   Electronic StatementsNo Charge
   Paper Confirms$1.00 Per Trade
   Paper StatementsNo Charge
Tenders 
   Voluntary Per Position$50.00
   MandatoryNo Charge
Trading Activity Fees (TAF) 
   Stocks & ETFs$0.000119 Per Share (max. $5.95 per trade)
   Options$0.002 Per Contract
Transfer and Ship Request$550.00
Transfer Out – Full$60.00
Transfer Out – Partial$50.00
Wire Transfers 
   Wire Transfer$35.00
   Recalled Wire$50.00
   Returned Wire$50.00

Fees & Commissions effective as of May 9, 2018. All fees subject to change without notice.

Inactivity Fee

An account is considered inactive when there are less than 2 trades in the past 12 months or if there are less than $10,000 in credit or debit balances.

Index Option Exchange Fees

Effective August 15, 2011 Regal Securities will begin passing through index option exchange fees. The additional cost to trade select index options is listed below. These fees will be charged in addition your standard commission schedule.

Symbol Description Rate
DXL Jumbo DJX Index $.18/contract
EPX SIG Oil Exploration and Production Index $.45/contract
HGX OHLX Housing Sector Index $.18/contract
MNX Mini Nasdaq 100 Index $.18/contract
MVR Morgan Stanley Retail Index $.18/contract
NDX Nasdaq 100 Index $.15/contract
OEX S&P 100 Index $.55/contract
OSX PHLX Oil Service Sector Index $.35/contract
RUT Russell 2000 Index $.18/contract
SOX PHLX Semiconductor Index $.35/contract
SPX S&P 500 Index $.60/contract
SVO SIG Energy Index $.35/contract
UTY PHLX Utility Sector Index $.35/contract
VIX CBOE Volatility Index $.50/contract
VXX iPath S&P 500 VIX Short Term Futures $.18/contract
XAU PHLX Gold and Silver Index $.35/contract
XEO S&P 100 Index (European Style) Monthly $.40/contract
XEO S&P 100 Index (European Style) Weekly $.35/contract
XDE Euro/US Dollar Currency Index $.35/contract
XSP CBOE MINI S&P 500 $.50/contract

Index fees are subject to change without notice.

Options Regulatory Fee (ORF)

Breakdowns of each rate for the individual exchanges are as follows:

Exchange Rate

• AMEX - $0.0055 per contract
• ARCA - $0.0055 per contract
• BATS BZX Exchange - $0.0009 per contract
• BOX - $0.0038 per contract
• CBOE - $0.0081 per contract
• C2 - $0.0015 per contract
• EDGX - $0.0004 per contract
• ISE - $0.0016 per contract
• ISE GEMINI - $0.0010 per contract
• MIAX - $0.0045 per contract
• NASDAQ OMX BX - $0.0050 per contract
• NOM - $0.0027 per contract
• Pearl - $0.0010 per contract
• PHLX - $0.0045 per contract

Total: $0.0415

The combined rate for the ORF will be $0.0415 per contract with no minimum per trade.

Updates to fees are made on a best efforts basis, however all fees are subject to change without notice. For current information and updates, please refer to the appropriate web site.

SEC Transaction Fee - New Rate Effective 5/21/2018

Beginning May 21, 2018, the fee rates applicable to most securities transactions will be set at $13.00 per million dollars. The current Commission rate of $23.10 per million for transactions will continue on charge dates through May 20, 2018, and the new rate of $13.00 per million for transactions occurring on charge dates on or after May 21, 2018 will be applied.

For more information on the term "charge date," please refer to Rule 31(a)(3) and Exchange Act Release No. 49928 at http://www.sec.gov/rules/final/34-49928.

How to Calculate:

Multiply the sale/principal amount of the transaction by the fee rate. Truncate at the seventh place after the decimal point. Truncate the resulting figure at the fifth place after the decimal point and round up to the nearest cent (Always round up if there is a remainder).

For more information visit the FINRA web site http://www.sec.gov/divisions/marketreg/mrfreqreq.shtml.

Updates to fees are made on a best efforts basis, however all fees are subject to change without notice. For current information and updates, please refer to the appropriate web site.

Trading Activity Fees (TAF)

Trading Activity Fees (TAF) are passed through to customers as part of normal transaction processing.

Effective July 1, 2012, the Trading Activity Fee (TAF) rate for sales of covered equity securities will increase from $0.000095 per share for each sale of a covered equity security to $0.000119 per share, with a corresponding increase to the per-transaction cap for covered equity securities from $4.75 to $5.95. The new rate will apply to any sale of a covered equity security subject to the TAF occurring on or after July 1, 2012.

The FINRA (TAF) for option sales is currently $0.002 per contract and fees for covered debt securities are $0.00075 per bond, with a maximum assessment of $0.75 per trade (based on 1,000 bonds), will remain unchanged.

As an industry transaction standard, FINRA levies a Trading Activity Fee (TAF) on the sale of covered securities pursuant to Section 1 of Schedule A to the FINRA By-Laws. The text of the rule is available in the online FINRA Manual.

Updates to fees are made on a best efforts basis, however all fees are subject to change without notice. For current information and updates, please refer to the appropriate website.