T. Rowe Price Fee Structure

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T. Rowe Price Brokerage Account Schedule Of Fees, IRA Account Rates.

Minimum to open: $2,500 for a cash account, $1,000 for an IRA.
Open an account: Open an account with T.Rowe Price.

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T. Rowe Price Brokerage Account Schedule of Fees

ProductPrice
Stock and ETFs
Online Stock and ETFs $9.95 per trade for accounts with more than 30 executed trades in the prior 12 months or customers who qualify for the T. Rowe Price Select Client Services program ($100,000+ in assets). $19.95 per trade for all other accounts
Telephone Orders$35 per trade for up to 1,000 shares plus $.02 for each additional share
Representative-Assisted Principal Value(PV)
Commission Charge (PV x % + $)
More than $1 per share
Minimum of $40 per transaction or $.08/share on the first 1,000 shares, $.04/share thereafter; whichever is greater.
Maximum of $.50/share on orders for 100 shares or more and $50 per transaction on orders for 99 shares or fewer.
$0-$2,500
$2,501 - $6,000
$6,001 - $22,000
$22,001 - $50,000
$50,001 - $500,000
$500,001 and over
.015 + $30
.005 + $57
.003 + $73
.002 + $100
.001 + $175
.0008 + $275
Less than $1 per share (Penny Stocks)
$0- $10,000
$10,001 and over
$.04 + $35
$.03 + $35
Mutual Funds and UITs
No Transaction-fee (NTF) fundsNo charge (with some conditions)
Transaction-fee funds$35
Load Funds and UITsStated load only
Options
Online $9.95 plus $1 per contract for accounts with more than 30 executed trades in the prior 12 months or customers who qualify for the T. Rowe Price Select Client Services program ($100,000+ in assets) $19.95 plus $1 per contract for all other accounts
Tele-Trader10% off regular representative assisted rates (subject to a minimum commission of $35)
Representative-Assisted$34.95 plus $1 per contract
Bonds and CDs
Commercial Paper$50
Treasury Auctions$50
Treasury Bills$50
Agency (FNMA, FHLMC), TIPS, Treasury and Coupon Notes and Bonds, Treasury 0% Coupon Bonds$1 per $1,000 Bond
GNMAs and CMOs (Minimum of $25,000)$1 per $1,000 Bond
Corporate Bonds$5 per $1,000 Bond
Municipals (Minimum of $5,000)$5 per $1,000 Bond
CDs
PRODUCTSALES CHARGE PER $1,000 BOND
Certificate of Deposit (Minimum varies by issue)CDs purchased at par ($1,000)
Precious Metals
Gold, Silver, Palladium and Platinum
Principal Value (PV)
$0—$9,999
$10,000—$49,999
$50,000—$99,999
$100,000 and over
Commission Charge (PV x %)
.025
.020
.015
.0075

T. Rowe Price Brokerage Services Fees

Annual Account Maintenance Fee
$30The fee is waived for:
  • T. Rowe Price customers who qualify for Preferred, Personal, or Enhanced Personal Services
  • Brokerage account un which five or more commission-generating trades are executed over the previous 12-months period (Generally, September 1 through August 31 of each year)
  • Brokerage customers who hold $50,000 or more in T. Rowe Price mutual funds
  • Brokerage Advantage customers subject to the $40 cash management service fee (see below)
Cash Management Service Fee
$40The fee will be charged:
  • For Brokerage Advantage accounts or activated for debit card or checking services
  • In the anniversary month of account opening
Miscellaneous Fees
Account Transfer Out or termination
$50Precious metals storage fee.75% of market value per annum, billed in arrears
Returned Deposit Checks
$20Annual custody fee for special products (Limited Partnership and Direct Participation Programs)$35 per position
Wire Transfer
Out of your Brokerage account
$15Foreign Securities TransfersUp to $75 for each foreign security transferred to or from T. Rowe Price Brokerage
From Your Linked Money Market Account:
$5,000 or more
$0Foreign Securities OrdersUp to $75 for each purchase or sale in addition to the commission
Less than $5,000
$5 per wireForeign Securities OrdersUp to $75 for each purchase or sale in addition to the commission
Certificates and Direct Registration Services (Register and Ship)$15 (Only available in limited number of securities)
Short-Term Trading Fee$50 or 1%, not to exceed $250, for no-load, no-transaction fee (NTF) fund shares held for less than 6 months. A short-term trading fee of $5 applies to those shares purchased systematically and held for less than 6 months. These fees are in addition to any redemption fee that a particular fund may charge. Short-term trading fees do not apply to T.Rowe Price funds; however, investors, violating the T.Rowe Price fund excessive trading policy may be restricted from future purchases, as disclosed in the fund's prospectus.
Margin Schedule (these services are available only to Brokerage and Brokerage Advantage account clients)
Debit BalancesPercentage Above Pershing's Base Lending rate
$0 - $9,999
$10,000 - $29,999
$30,000 - $49,000
$50,000 and over
1.75 above the Pershing base lending rate
1.25 above the Pershing base lending rate
.75 above the Pershing base lending rate
.25 above the Pershing base lending rate

T. Rowe Price Fees for Brokerage Advantage Account

Checking
Check account minimumNone
Check reorder feeNo charge for first 40 checks; $10 per 150 checks thereafter
Copies of ATM, Sales, or Cash Advance Receipts$2.50
Stop Pavement$10
Returned checks$15
Check Copies$2.50
Visa® Gold ATM Debit/Check Card
ATM Withdrawal feeNone
Daily maximum ATM WithdrawalThe lesser of $500 or your available balance*
Daily maximum for Visa® Gold card TransactionsThe lesser of $10,000 or your available balance*

* - Available balance includes a secured credit line backed by the value of the securities held in the margin account (provided account is approved for margin privilege.

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