Service Fee:
Tiered Commission Plan：
Number of options traded per month | Commission per option | Platform Fee |
1-500 options | USD 0.8 | USD 0.3 per option, minimum USD 1 per order
|
501-1,000 options | USD 0.7 | |
1,001-3,000 options | USD 0.6 | |
3,001-15,000 options | USD 0.5 | |
15,001-50,000 options | USD 0.4 | |
50,001-100,000 options | USD 0.3 | |
100,001 options and more | 0 |
Fixed Commission Plan:
Commission | Platform Fee |
USD 0.65 per option, minimum USD 1.99 per order | USD 0.3 per option, minimum USD 1 per order |
Notes:
Users can choose either the tiered or the fixed commission plan.Commission:Min. USD 1.99/Order.
According to calculations, when the monthly trading volume of options exceeds 3000 contracts, the choice of a tiered commission plan is more suitable. (The above calculation results are for reference only, please choose a commission plan according to your needs).
Each order will be charged by one tier only,based on monthly cumulative trade volume before placing new orders; Option contracts in one order will not be charged by different tiers.
Fees Charged on behalf of the third Parties
Charged By | Exchange | SEC | Financial Industry Regulatory Authority | American Options Clearing Corporation | Exchange |
Type | Options Regulation Fee | SEC fees (charged only for sell orders) | Trading Activity Fee (charged only for sell orders) | Liquidation fee | Exchange Fees |
Fees | USD 0.03025 per option
| USD 0.000008*trading value Minimum USD 0.01 per transaction
| USD 0.00244* Number of contracts sold Minimum 0.01 USD per transaction | USD 0.02 per option Up to USD 55 per order | Fees depend on the exchange on which the contract is traded |
Notes:
For options trading, additional fees may be incurred depending on the type of liquidity. The specific fees depends on the exchange.
Tiger will adjust the third party fees in accordance with fee changes of exchanges, regulatory authorities.