Page Comparison

$0.50/1000 (Per Execution or Per Order)

$quantity * 0.0005;

$0.50/1000 (Fee Rules)

=> 0.50

$0.50 / 1000, $1 minimum per ticket (Per Execution or Per Order)

max(1, $quantity * 0.0005);

$0.50 / 1000, $1 minimum per ticket (Fee Rules)

=> max(0.005, [1.00])

$0.50 / 1000, $10 maximum per ticket (Per Execution or Per Order)

min(10, $quantity * 0.0005);

$0.50 / 1000, $10 maximum per ticket (Fee Rules)

=> min(0.005, [10.0])

$0.50 / 1000, $1 minimum, $10 maximum per ticket (Per Execution or Per Order)

max(1, min(10, $quantity * 0.0005));

$1 per execution or order (Per Execution or Per Order)

return 1;

$2.95 per ticket (Per Order$1 per fill (Fee Rules)

return 2.95;=> [1]

$0.50 / 1000 Equities, 1.65 / contract options, 1.00 / futures contract (Per Execution or Per Order)

$instrumentType = getInstrumentType($symbol);
if($instrumentType == INSTRUMENT_TYPE_OPTION) {
   return $quantity * 1.65;
} else if($instrumentType == INSTRUMENT_TYPE_FUTURE) {
   return $quantity * 1.00;
} else {
   return $quantity * 0.0005;
}

$0.50 / 1000 Equities, 1.65 / contract options, 1.00 / futures contract (Fee Rules)

type=equity => 0.0005
type=option => 1.65
type=future => 1.00

Different rate for symbols that have Exchange code of OBB or PNK (Per Execution or Per Order)

if($listingExchange == 'OBB' || $listingExchange == 'PNK') {
 $fee = bcmul(bcmul($quantity, $price), '0.001'); // This is charging 10 basis pts of gross value
}
else $fee = bcmul($quantity, '0.001') ; // This is the per share rate for non-OBB/PNK activity
return $fee;

Different rate for symbols that have Exchange code of OBB or PNK (Fee Rules)

exch=OBB,PNK => 0.001%   // This is charging 10 basis pts of gross value
=> 0.001     // This is the per share rate for non-OBB/PNK activity

Different rate for Select Symbols (Per Execution type or Per Order)

if(in_array($symbol, array('AA','BAC','C','MSFT','QQQ'))) {
   return bcmul($quantity, '0.001');
   } else return bcmul($quantity, '0.0015');

Different rate for Select Symbols (Fee Rules)

symbol=AA,BAC,C,MSFT,QQQ => 0.001
=> 0.0015

$1.50 fee Per Symbol per side, plus 0.00005 per share  (Per Symbol type)

$sellSide = 1.50 + ($quantitySold * 0.00005);
$buySide = 1.50 + ($quantityBought * 0.00005);
return ($quantityBought > 0 ? $buySide : 0) + ($quantitySold > 0 ? $sellSide : 0);

Tiered Plans

 Please noteImportant: currently the $monthlyVolume variable in the formulas below includes volume across ALL types of securities (e.g. equities, options and futures volume would be combined).  This means that the formula will probably not function as intended if more than one type of security is traded in an account.

...

The formula below will assess 0.0015 / share the first 500,000 shares traded in a month, 0.001 / share for shares 500,001 - 1,000,000 and 0.0006 / share for share 1,000,001 and up.

return computeTieredFee($quantity, $monthlyVolume, array(
    500000 => '0.0015',
    1000000 => '0.001',
    '' => '0.0006'), false);

...

The formula below will assess 0.0015 / share for the first 500,000 shares traded in a month. If the next tier is reached, the trader will receive a 0.0005 * 500,000 ($250) rebate and subsequent shares are assessed a rate of 0.001 / share. The rebate is credited on the execution that crosses the tier.

return computeTieredFee($quantity, $monthlyVolume, array(
    500000 => '0.0015',
    1000000 => '0.001',
    '' => '0.0006'), true);

Non-Regressive Tiered Plan (Per Order w/ $2 tkt)

return bcadd(computeTieredFee($quantity, $monthlyVolume, array(
    1000000 => '0.001',
    '' => '0.00075'), false), 2);

 Tiered Plan - calculated on Order Qty Order Quantity Tiered Plan (Per Order)

This plan is designed

...

to charge a fee based on the filled quantity

...

of a single order and therefore does not reference the $monthlyVolume variable.

if($quantity < 301) {
  
     return $quantity * 0.00001;
   
} elseif ($quantity < 601)  {    
        return $quantity * 0.00002;
    } elseif ($quantity < 1001)  {      
      return $quantity * 0.00003;
  
 } elseif ($quantity < 1301)  {        
    return $quantity * 0.00004;
   
} elseif ($quantity < 1601)  {     
       return $quantity * 0.00005;
 
  } elseif ($quantity < 2001)  {       
     return $quantity * 0.00006;
   
} else {        
    return $quantity * 0.00007;
}

...