Motif Investing reating

Motif Investing Commissions Schedule. IRA Account Fees, Margin Rates. Brokerage Account Inactivity Fees, Annual Fees, Transfer Out, Closure Fees. Minimum To Open An Account.

  • Motif (up to 30 Stocks/ETFs) $9.95 per trade
  • Stocks & ETFs within Motif: $4.95 per stock/ETF
  • Stocks & ETFs outside Motif: $4.95 per stock/ETF

 

Minimum To Open Motif Investing Accounts

Motif Investing does not have an account minimum. To invest in a motif, you can start investing for as little as $300.

Contributions to a Traditional IRA and Roth IRA should be based on your eligible contribution limit, and are not to exceed $5,500 per individual in 2014 and 2015, or $6,500 if you're 50 and over. There is no contribution limit to Rollover IRAs, since your rollover amount is based on qualified eligible funds from the employer plan.

Motif Investing Brokerage Commissions

InvestmentsCommissions
Buy Motifs (up to 30 Stocks or ETFs)/Sell Motifs/Additional Buys of the Entire Motif You Own/Rebalance Positions in a Motif $9.95.
Stocks and ETFs within Motif$4.95 per stock or ETF.
BStocks/ETFs Outside Motif$4.95 per stock or ETF.
Broker-Assisted Trades$45

 

Motif Investing Margin Rates

Margin BalanceMargin Rates
$0-$49,9997.25%
$50,000-$249,9996.25%
$250,000-$499,9995.25%
$500,000+4.75%

 

Motif Investing Brokerage Schedule of Fees/Services Fees

FeesAmount
Wire Transfers Out$25
Full Account Securities Transfer Fee Out$65
Partial Account Securities Transfer Fee OutNo Charge
Returned Check or ACH$25
Stop Payment on Check$25
Check Copies$15
Check Request by Regular Mail from Your Brokerage AccountNo Charge
Overnight Mail$25
Paper Delivery of Confirms & StatementsElectronic Only. Paper statements by request, $2.
Broker-Assisted Trades$45
Process Removal of Securities Restriction (Rule 144) for Restricted SecuritiesNo Charge
Voluntary Corporate Action$15
Mandatory Corporate ActionNo Charge
Inactivity FeeNo Charge
IRA Account Termination$95

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Information on Regulatory Fees

Certain regulators impose transaction fees to cover their costs of regulating the brokerage industry. The fees are passed through to customers as part of normal transaction processing. These fees will appear as a line item called “Estimated Fee” during order entry and will also be listed on your trade confirmations as a “Transaction Fee” or an “Additional Fee.”

Below is a list of fees that will apply:

Securities and Exchange Commission (SEC) fee–This fee is levied on all security sales. The current rate is $22.40 for every $1,000,000 in sale proceeds. For a rough calculation of this fee, multiply $0.0000224 times your sale proceeds. Sale Proceeds = $10,000. Current SEC fee rate = $0.0000224 ($22.40 per $1 million in sale proceeds). Total SEC fee = $0.224 ($10,000 x $0.0000224 = $0.224). SEC fee rate is typically adjusted semi-annually. Fee is rounded up to the nearest penny.

Financial Industry Regulatory Authority (FINRA) transaction fee (TAF)–This fee is charged on all covered stock and ETF sales at a rate of $0.000119 per share with a minimum charge of $0.01 and a maximum charge of $5.95. This fee is rounded up to the nearest penny.

To learn more about the brokerage, its trading platform and tools, visit Motif Investing review ».

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