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Special Service Account Fees

The following fee structure detailed below is for special account services. These fees will not apply to an account unless one of these services is requested by the client. If you have any questions regarding the charges outlined below please contact us.
Special Account Fees

Tenders, Exchanges, Reorganization

$10.00 per issue
Account Transfer (ACAT outgoing)
If you transfer from MyTradz.com to another broker.
$50.00 per account
Transfers/Customers
When a client wishes to have actual paper stock certificates issued to them.
$100.00 + any transfer agent fees
Transfers/Courtesy
When a client wishes to have paper stock certificates issued to them in someone else's name, i.e. a gift
$100.00 + any transfer agent fees
Transfers Foreign
Occurs if you want to transfer a stock certificate (Canadian only) from MyTradz.com to another U.S. brokerage.
transfer agent fee
Transfers Foreign
Occurs if you want to transfer a stock certificate (Canadian only) from MyTradz.com to another foreign. brokerage.
transfer agent fee
Safekeeping Charge
If you want our clearing firm to hold the physical stock certificates for you.
$60.00 per account annually
($15/quarter if fewer than 2 trades/yr. Except IRA accounts.)
Records Research
Request for back tax or account information.
$25.00/Hr (2 hour minimum plus costs.)
Cancel & Correction
Example: You purchase a stock in margin and wish to move it to cash.
$10.00 per confirmation
DTC Fee
A direct transfer of securities by wire from a broker to MyTradz.com
$25.00 per security (outgoing)
Reg T Extension
A 5 day fed call extension
$10.00 per extension + interest until covered
Rule 144 Filing
For restricted stock sales totaling more than $10,000.00 or 500 shares
$35.00 + transfer agent fee to re-register
Overnight Mail $20.00 domestic ($30 international)
Wire Outgoing $15.00 domestic ($50 international)
Foreign Wire Outgoing Direct Cost Wire fees, swift charges, etc.
Customer Return Check $30.00 per check
Stop Payment Request $25.00 per request
Prepay
Withdrawal money for an unsettled transaction.
$20.00 + interest until settle date
Conversion Fees
ADR to ordinary
$20.00
DWAC (Deposit/Withdrawal at Custodian Fee) $25.00 + agent fee


*The term Direct Access refers to the client’s ability to determine which Exchange, ECN or Market Maker receives their order. The term does not mean to imply that you can trade without a broker, as any transaction would require a relationship with a registered Broker-Dealer.

The risk of loss in electronic trading can be substantial, you should therefore consider whether such trading is suitable for you based on your individual circumstances and financial resources. Account access, trade execution and system response may be adversely affected by market conditions, quote delays, system performance and other factors. Extended hours trading entails several risks including lower liquidity, higher volatility, wider spreads, changing prices, unlinked markets, news and announcements. Not all securities, products or services are available in all states or countries outside the United States and nothing herein should be deemed as an offer or solicitation of these securities, products and services in any jurisdiction in which Online Brokerage Services is not properly licensed and registered.

Online Brokerage Services, Inc. reserves the right to refuse the transfer of funds from a brokerage account to another account, other than that which was used as the brokerage account's original source of funding. Online Brokerage Services, Inc. will not allow for third-party funding. Funds are subject to a minimum holding period of thirty (30) days upon initial funding of account.


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