Commission and charges for US stock options
Type | Charges |
Commission | $0.65/sheet, at least $1.99 per order |
Platform fee | $0.3/sheet, at least $0.99 per order |
Option regulation fee (ORF)* | $0.0388/sheet |
Trading fee (only charged upon issuance of sales voucher) | 0.0000221* total selling value |
FINRA trading activity fee (only charged upon issuance of sales voucher) | $0.002 * quantity sold |
Option clearing company (OCC) clearing fee | $0.055per contract and maximum $55 per order |
Exchange fee | Fees vary according to the exchange |
*The following exchanges charge option regulatory fees (ORF): AMEX, BATS, BOX, CBOE, CBOE2, ISE, GEMINI, MIAX, NOM, PCX, PHLX
*For options trading, additional fees may be incurred depending on the type of liquidity. The specific fees are subject to the exchange.
*Tiger will adjust the third party fees in accordance with fee changes of exchanges, regulatory authorities. The latest update is 18, Feb, 2020.