Detailed Pricing & Rates
| Pricing | 0 - 30 Trades/QTR | 30+ Trades/QTR |
|---|---|---|
| Stocks and Options Trade (US Exchange-listed stocks) |
$0 | $0 |
| Options Contract Fee | $0.65 | $0.50 |
| Excercise / Assignments | $0 | $0 |
Broker-Assisted Trades
Customers will be charged an additional $25 for broker-assisted trades, (excluding extended hourse overnight session trades placed via broker between 4AM and 7AM E.S.T), plus applicable commission and fees. Directed trades executed through ASTRO-TRADE Pro+ to an ECN during regular market hours and extended hours sessions are subject to directed order fee of $0.005 per share. You will be charged one commission for an order that executes in multiple trade lots during a single trading day. Orders that execute over more than one trading day , or orders that are canged, may subject to an additional commission.
Standard commissions for stocks and options trades are $0 (plus additional $0.65 per options contract). For options orders, an options regulatory fee will apply.
OTC (Over-the-Counter) Trades
A $6.95 commission (or a $4.95 commission for customers who execute at least 30 stocks, ETFs and options trades per quarter) applies to online trades of OTC stocks, including OTC, OTCBB, grey market and OTC-traded foreign securities.
| Pricing | 0 - 30 Trades/QTR | 30+ Trades/QTR |
|---|---|---|
| ETFs | $0 | $0 |
| U.S Treasury Auction | $0 |
| U.S Treasury secondary trades online | $0 |
| Online secondary trades | $1 per bond (minimum $10, maximum $250 |
| Broker-assisted trades | Online secondary pricing plus $20 commission |
| Through Fixed Income Specialists | Net yield basis |
| New issues (except Treasury auction | Offering price includes a selling consession |
Astro Finance PTY may act as principal or agent on any bond transaction. When acting as principal, we will add a markup to any purchase, and subtract a markdown from every sale. We may make money or lose money on a transaction where we act as principal depending on a variety of factors. The markup or markdown will be included in the price quoted to you and you will not be charged any commsission or transaction fee for a principal trade. Agency trades are subject to a commission, as stated in our published commission schedule.
Includes agency bonds, corporate bonds, municipal bonds, brokered CDs, pass-throughs, CMOs, asset-backed securities
Secondary market trades executed through a Fixed Income Specialist will be effected on a net yield basis, where Astro Finance PTY will act as principal. When acting as principal, we will add a markup to any purchase, and subtract a markdown from every sale. The markup or markdown will be included in the price quoted to you and will vary depending on the characteristics of the particular security or CD.
| Futures Contract Commission | $1.50 per contract, per side + fees (excluding bitcoin futures)* |
*Please note
*Commissions for bitcoin futures products are $2.50 per contract, per side + fees.
In addition to the $1.50 per contract per side commission, futures customers will be assessed certain fees including applicable futures exchange and National Futures Association (NFA) fees, as well as floor brokerage charges for execution of non-electronically traded futures and futures options contracts. These fees are not established by Astro Finance PTY, and will vary by exchange.
| No-load, no-transaction-fee-funds | $0 |
| Transaction fee funds | $19.99 |
| Load funds | See prospectus for amount of load |
| Early redemption fee for no-load, no transaction fee for mutual funds | $49.99 |
To discourage short-term trading, Astro Finance PTY will charge an Early Redemption Fee of $59.99 on redemptions or exchanges of no-load, no transaction fee funds that are help less than 90 days. Direxion (other than the commodity Trends Strategy Strategy Fund DXCTX), ProFunds, Rydex mutual funds and all money market funds will not be subject to the Early Redemption Fee. All fees and expenses as described in the fund's prospectus still apply. Please read the funds prospectus carefully before investing.
In addition to the $1.50 per contract per side commission, futures customers will be assessed certain fees including applicable futures exchange and National Futures Association (NFA) fees, as well as floor brokerage charges for execution of non-electronically traded futures and futures options contracts. These fees are not established by Astro Finance PTY, and will vary by exchange.
Stocks, Options, ETFs
| Debit Balance | Margin Rate |
|---|---|
| $1,000,000 or more | 5.45% (1% below base rate) |
| $500,000 to $999,999.99 | 6.45% (equal to base rate) |
| $200,000 to $499,999.99 | 6.95% (0.05% above base rate) |
| $100,000 to $249,999.99 | 7.45% (1% above base rate) |
| $50,000 to $99,999.99 | 7.95% (1.50% above base rate) |
| $25,000 to $49,999.99 | 8.45% (2% above base rate) |
| $10,000 to $24,999.99 | 8.70% (2.25% above base rate) |
| $Less than $10,000 | 8.95% (2.50% above base rate) |
Margin trading involves risks and is not suitable for all investors. Rates are subject to change without notice. Rates are set at the discretion of Astro Finance PTY with reference to commercially recognized interest rates, such as the broker call loan rate.
Trading on margin involves risk, including the possible loss of more money than you have deposited. In addition, Astro Finance PTY can focrce sale of any securities in your account without contacting you if your equity falls below required levels, and you are not entitled to an extension of time in the event of a margin call. For more information, please read the risks of trading on margin here.
The best rate is set at Astro Finance PTY's discretion with reference to commercially recognized interest rates, such as the broker call loan rate. Base rates are subject to change without prior notice.
Transactions in futures carry a high degree of risk. The amount of initial margin is small relative to the value of the futures contract. A relatively small market movement will have a proportionately larger impact on the funds you have deposited or will have to deposit: this may work against you as well as for you. You may sustain a total loss of initial margin funds and any additional funds deposited with Firm to maintain your position. If the market moves against your positions or margin levels are increased, you may be called upon by the Firm to pay substantial additional funds on short notice to maintain your position. If you fail to comply with a request for additional funds immediately, regardless of the requested due daate, your position may be liquidated at a loss by the Firm and you will be liable for any resulting deficit.
Standard Portfolios
Work with one of our professional fund managers to get a diversified portfolio of Mutual Funds and ETFs that is completely managed for you in line with your financial goals.
Learn more| Account Market Value (minimum of $30,000) | Standard annual advisory fee |
|---|---|
| First $100,000 | 0.88% |
| Next $500,000 | 0.78% |
| Next $250,000 | 0.73% |
| Next $500,000 | 0.70% |
| Next $1,000,000 and more | 0.63% |
Dedicated Portfolios
Let our experienced fund managers build, manage and customize a diversified portfolio of Stocks, ETFs, Mutual Funds etc around your financial goals and preferences.
Learn more| Account Market Value (minimum of $200,000) | Dedicated annual advisory fee |
|---|---|
| First $1,000,000 | 1.23% |
| Next $1,000,000 | 1.13% |
| Next $3,000,000 | 1.08% |
| Next $5,000,000 and more | 0.93% |
Fixed-Income Portfolios
Work with an experienced financial consultant on building a customized and diversified bond portfolio managed by experienced third party portfolio managers.
Learn more| Account Market Value (minimum of $300,000) | Fixed-Income annual advisory fee | |
|---|---|---|
| Actively Managed Portfolios | Laddered Portfolios | |
| First $1,000,000 | 0.73% | 0.43% |
| Next $2,000,000 | 0.68% | 0.38% |
| Next $1,000,000 and more | 0.63% | 0.33% |
The advisory fee is paid quarterly in arrears and taken out of the managed portfolio at the beginning of the next quarter. No further action is required on your part.
As the market value of the managed portfolio reaches a higher breakpoint, as shown in the tables above, the assets within the breakppoint category are charges a lower fee (a blend of the different tiered fee rates listed).
Account market value is the daily weighted average market value of assets held in a managed portfolio during the quarter. The quarters end on the last day of March, June, September and December.
| Fees | Description |
|---|---|
| Early withdrawals taken before age 59.5 (premature distributions) | App fee |
| Excess contribution removal | App fee |
| Recharacterizations | App fee |
All fees will be waived if combined Astro Finance Securities account balances sum up to $150,000 or you have placed 50 or more trades in the last quarter.
Astro Finance PTY and its subsidiaries do not provide tax counsel, and you should always consult your own tax adviser regarding your personal situations before taking action that may have consequences.
