Service Fees
Toroxstream Securities, Inc.
| All Accounts | |
|---|---|
| Service | Fee |
| Return Mail Fee | $5 per item |
| Overnight Check Delivery | $25 |
| Stale Dated 180 Days Void Check Fee for Un-cashed Check | $50.00 |
| Equities Accounts | |
|---|---|
| Service | Fee |
| T-Bills | $50 |
| Hardcopy Statement/Confirmation Postage & Handling Fee | $1 per page |
| Transfer and Ship (Physical Certificate) | $500 per certificate + overnight fee |
| Physical Certificate Deposit | $500 per certificate |
| DWAC Transactions | $150 per settled transaction |
| DRS Transfers (Book Entry Held at the Agent) | $25 per issue (incoming or outgoing) |
| DRS Transfer Reject | $100 |
| DTC Free Receive or Deliver | $25 per issue |
| Receiving Wires | $0 |
| Sending Wires – Equities Account | $25 |
| Sending Wires – International Account | $35 |
| Outgoing Account Transfer | $125 |
| International Overnight Delivery | $45 |
| Toroxstream IRA Account Annual Fee | $35 |
| Toroxstream IRA Account Termination | $50 |
| Restricted Security Processing Fee | $500 per issue |
| Returned Check | $25 |
| Returned ACH | $25 |
| Legal Transfers | $50 per issue |
| Options Exercise/Assignment | $14.95 |
| Early Assignment/Early Exercises | $1.50 per contract ($5.95 min) |
| Voluntary Tenders | $50 |
| Voluntary Unit Conversion | $50 |
| Mandatory Corporate Actions | $20 |
| Maturities, Redemptions, Calls | $20 |
| Margin/Risk Liquidation | $75 |
| Option Liquidation | $75 |
| Limited Partnership/Non-Standard Asset Re-registration Fee | $150 per issue |
| Limited Partnership/Non-Standard Asset Custody Fee | $100 per issue |
| Stop Payment Fee | $25 |
| Short Debit Fees | Fees Vary |
| Broker Assisted Transaction | $0 |
| Non-transferable and/or Worthless Security | $25 per CUSIP per year |
| Inactivity Fee | $50 per year (FREE if account meets minimum activity) |
| Account Service Fee | $149.95 per month* for per-share, per-trade (funded prior to 3/3/2017) or unbundled accounts (FREE for TS GO and TS SELECT Pricing Plans) (FREE if account meets minimum activity) |
| Futures Accounts | |
|---|---|
| Service | Fee |
| T-Bills | $10 |
| Hardcopy Per-Trade Confirmation Postage & Handling Fee | $1 per copy |
| External Transfer | $25 |
| Receiving Wires | $0 |
| Sending Wires from a Futures Account | $25 |
| Sending Wires from an International Futures Account | $35 |
| Deliveries | $150 per contract + any applicable delivery costs and exchange fees |
| Extensions | $20 |
| Futures IRA Fees | See fee schedule included with Futures IRA application |
| Futures Returned Check | $25 |
| Delivery Liquidation | $75 |
| Margin/Risk Liquidation | $75 |
| Broker Assisted Transaction | $0 |
| Exercise/Assignment/Expiration | $1.50 per contract + any applicable exchange and regulatory fees. |
| Inactivity Fee | $50 per year (FREE if account meets minimum activity) |
| Account Service Fee | $149.95 per month* for per-share, per-trade (funded prior to 3/3/2017) or unbundled accounts (FREE for TS GO and TS SELECT Pricing Plans) (FREE if account meets minimum activity) |
| Toroxstream Platform Features | With Toroxstream GO, Toroxstream SELECT, $5 Per-Trade Equities or $1.50 Single-Tier Futures Brokerage Account | Brokerage Accounts on other Equities or Futures Commission Plans | Without Brokerage Account** |
|---|---|---|---|
Toroxstream platform (base version) |
FREE | FREE (if account meets minimum activity) $149.95 / month* (if not) |
$99.99 / month $199.99 for professionals |
RadarScreen®– Real-time market monitoring tool |
FREE | FREE | FREE |
Portfolio Maestro® – Portfolio-level strategy back-testing tool |
FREE | FREE | $59.95 / month |
OptionStation® Pro – Options analysis platform |
FREE | FREE | FREE |
| Open Account | |||
Inactivity Fee Minimum Activity
Accounts qualify for an annual Inactivity Fee waiver when the following criteria are met:$2,000 average end-of-month equity balance
OR
At least five (5) trades placed, during the twelve-month period following each anniversary of the account’s fund date
Account Service Fee Minimum Activity
Per-share, per-trade (funded prior to 3/3/17) or unbundled equity accounts and multi-tier futures accounts qualify for a monthly Account Service Fee waiver when prior month’s activity includes:10 round-turn futures and/or futures options contracts
OR
50 options contracts traded
OR
5,000 shares traded
OR
$100,000 account balance
Futures Physical Delivery
Toroxstream will not accommodate customers entering into physical delivery of commodities underlying futures contracts. To avoid deliveries of expiring futures contracts as well as those resulting from futures options contracts, customers must roll forward or close out positions prior to the applicable notice periods for physical delivery. Without prior notification to the customer, Toroxstream may, at its discretion, liquidate a customer’s futures position in order to avoid an impending physical delivery. A customer may incur significant costs if a physical delivery occurs due to the customer holding a futures or futures option position into the delivery period.Toroxstream Securities, Inc. is an SEC-licensed broker dealer and a CFTC-licensed futures commission merchant (FCM), and a member of FINRA, SIPC, CME, NFA and several equities and futures exchanges, which offers to self-directed investors and traders Equities accounts for stocks, exchange-traded products (such as ETFs) and equity and index options, and Futures accounts for commodity and financial futures and futures options (Toroxstream Securities does not offer Crypto accounts).
Toroxstream Crypto, Inc. is neither a securities broker dealer nor an FCM, and offers to self-directed investors and traders cryptocurrency brokerage services under federal and state money services business/money-transmitter and similar registrations and licenses (Toroxstream Crypto is not a member of FINRA, SIPC, CME, NFA or any equities or futures exchange, and does not offer Equities or Futures accounts).
Toroxstream Technologies, Inc. is a software development company which offers analytics subscriptions that self-directed investors and traders can use to chart, analyze and design back-tested strategies for Equities, Options, Futures, Forex and Crypto markets (Toroxstream Technologies is not a financial services company).
Toroxstream, Inc. is an online educational, news and entertainment media publication service that seeks to provide to the public a marketplace of potentially actionable investment and trading content, ideas, demonstrations and informational tools. You Can Trade is not an investment, trading or financial adviser or pool, broker-dealer, futures commission merchant, investment research company, digital asset or cryptocurrency exchange or broker, or any other kind of financial or money services company, and does not give any investment, trading or financial advice, or research analyses or recommendations, or make any judgments, hold any opinions, or make any other recommendations, about whether you should purchase, sell, own or hold any security, futures contract or other derivative, or digital asset or digital asset derivative, or any class, category or sector of any of the foregoing, or whether you should make any allocation of your invested capital between or among any of the foregoing.
Toroxstream Crypto accepts only cryptocurrency deposits, and no cash (fiat currency) deposits, for account funding. In order for you to purchase cryptocurrencies using cash, or sell your cryptocurrencies for cash, in a Toroxstream Crypto account, you must also have qualified for, and opened, a Toroxstream Equities account with Toroxstream Securities so that your cryptocurrency purchases may be paid for with cash withdrawals from, and your cryptocurrency cash sale proceeds may be deposited in, your Toroxstream Securities Equities account. Therefore, if you want to open a Toroxstream Crypto account, you must also have an Equities account with Toroxstream Securities. This cash in your Toroxstream Securities Equities account may also, of course, be used for your equities and options trading with Toroxstream Securities.
Toroxstream account services, subscriptions and products are designed for speculative or active investors and traders, or those who are interested in becoming one. No offer or solicitation to buy or sell securities, securities derivative or futures products of any kind, cryptocurrencies or other digital assets, or any type of trading or investment advice, recommendation or strategy, is made, given or in any manner endorsed by any Toroxstream Group company, and the information made available on or in any Toroxstream Group company website or other publication or communication is not an offer or solicitation of any kind in any jurisdiction where such Toroxstream Group company or affiliate is not authorized to do business. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, futures options, or crypto); therefore, you should not invest or risk money that you cannot afford to lose. System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system, platform and software errors or attacks, internet traffic, outages and other factors. The trademarks “Toroxstream®,” “YouCanTrade” and “SheCanTrade,” as well as other trademarks, domain names and other proprietary intellectual property of Toroxstream Group companies, are owned by Toroxstream Technologies. The proprietary Toroxstream platform is offered by Toroxstream Securities for Equities (including equity options) and Futures trading. Toroxstream Crypto offers its online platform trading services, and Toroxstream Securities offers futures options online platform trading services, through unaffiliated third-party platform applications and systems licensed to Toroxstream Crypto and Toroxstream Securities, respectively, which are permitted to be offered by those Toroxstream companies for use by their customers.
Please also read carefully the agreements, disclosures, disclaimers and assumptions of risk presented to you separately by Toroxstream Securities, Toroxstream Crypto, Toroxstream Technologies, and You Can Trade on the Toroxstream Group company site and the separate sites, portals and account or subscription application or sign-up processes of each of these Toroxstream Group companies. They contain important information, rights and obligations, as well as important disclaimers and limitations of liability, and assumptions of risk, by you that will apply when you do business with these companies.
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