No Hidden Fees

Why charge extra for the basics if you already pay us a fair commission rate for trades? At optionsXpress, we believe customers should NOT have to pay extra for standard online brokerage services.

So, when we say "no hidden fees", here is what we mean:

We DO NOT charge:

  • For account use, connection or access
  • For volume or quantity of activity
  • For real-time or streaming quotes
  • For standard withdrawals or deposits
  • For postage or handling of mail in the United States
    •
  • For any "minimum balance maintenance costs"
  • For any "no-activity maintenance costs"
  • For any checking account maintenance costs
    •

We DO charge:

  • $15 for outgoing wire transfers within the U.S. ($30 for international wires)
  • $50 for physical stock certificates
  • $50 for outgoing account transfers
  • $50 for IRA account termination*
    •

We MAY pass-through, or request fees for manual, complex or risk-involved services like foreign securities custody, Rule 144 sales, special investment products, free stock transfers, COD transactions, and other institutional or non-automated services. Cashiering services such as overnight delivery, returned checks, returned ACH transactions, and stop payments may also incur fees.

Additionally, we pass on regulatory levies on the sales of equity transactions at a current rate of $5.60 charged for every $1,000,000.00 in sales. This fee is listed on your official trade confirmation if applicable.†

If you have questions about any fees appearing in your account, please call us at (888) 280-8020, e-mail us, or click Live Help. We’ll review your activity immediately and provide an explanation for the charges.

* IRA account termination fee is charged for full IRA distributions and full outgoing transfers. The termination fee is in addition to the outgoing transfer fee.

† For more information about Reg. fees please read: Section 31 Transaction Fees.