Home/FAQ/Fees, Rates & Margin/What does the platform fee cover?

What does the platform fee cover?

The platform fee is directly related to the cost charged by our clearing agent for services required to execute transactions. Qualifying accounts with a balance below $10,000 with no commission trades in the previous 3 months will be assessed a quarterly account platform fee of $10.

Please note that this fee only applies to accounts that:
· Have less than $10,000 in combined securities and cash in the account but more than $0
· Have not placed a commission trade in the account within the last 3 months
· Are not paying Motif Blue subscribers
· Is not an Impact account