Broker Comparison

Interactive Brokers LLC is a member of NYSE, FINRA, SIPC. Supporting documentation for any claims and statistical information will be provided upon request. *According to Barron’s How Barron’s Ranks 22 Leading Online Brokers - March 15, 2010, ranked Interactive Brokers with a 4.2 star rating for cost. Barron’s is a registered trademark of Dow Jones & Company, Inc. Criteria included Trade Experience, Trading Technology, Usability, Range of Offerings, Research Amenities, Portfolio Analysis & Report, Customer Service & Education, and Costs. †IB calculates the interest charged on margin loans using the applicable rates for each interest rate tier in the interest and financing table on its website. For margin loan rates on other amounts, see www.interactivebrokers.com/interest. †† According to Barron's How Barron's Ranks 22 Leading Online Brokers - March 15, 2010, ranked Interactive Brokers with a 4.2 star rating for cost. Barron's is a registered trademark of Dow Jones & Company, Inc. Criteria included Trade Experience, Trading Technology, Usability, Range of Offerings, Research Amenities, Portfolio Analysis & Report, Customer Service & Education, and Costs.[A] Net $ Improvement per Share Definition: ((# of Price Improved Shares * Price Improvement Amount) - (# of Price Dis-improved Shares*Price Dis-improvement Amount)) / Total Number of Executed Shares. [B] According to TAG for US stocks (28 cents per 100 shares better), the analysis included all market orders of 100 shares or more, up to 10,000 shares from January - June 2010. The analysis for US options (53 cents per contract better) included all market orders with order sizes of 1 to 50 contracts from January - June 2010. [1] E-Trade - 150+ trades per quarter. [2] Fidelity’s $7.95 flat commission applies to online trades in U.S. equity securities for Fidelity Services LLC retail clients. It does not apply to foreign stock transactions or restricted securities transactions. Additional fees may be charged on orders that require special handling. A minimum deposit of $2,500 is required to open most Fidelity brokerage accounts. [3] Plus exchange and regulatory fees (futures and options only). IB - Accounts generating commissions less than $10 per month (with account equity of $2,000 or more) will be assessed the difference as a monthly activity fee. For new accounts, the activity fee of $10 will be waived for the first 3 full calendar months. [4] optionsXpress - up to 1,000. [5] optionsXpress - minimum 35 option trades per quarter. [6] optionsXpress - between 1-40 contracts per month. [7] Schwab - For online trades in stocks and third-party exchange-traded funds. [8] Greater of 0.50% or (BM + 0.25%). Under certain circumstances, balances greater than USD 100 million or 100 times the Tier II balance reflected in non-USD currencies may be subject to a service charge if not pre-arranged with us. These circumstances would include: (I) Trades executed away from us and transferred into your account creating a short cash balance in excess of the above criteria. (II) Withdrawals creating a short cash balance in excess of the above criteria. For SGD currency only, this large debit balance value is set at 140,000,000.