Terra Nova Trading Trading Platform Commissions & Fees

Questions? Please call us at: 1.800.228.4216 for additional information.

RealTick®

Securities Type	Cost Per Share Program	open an account
Equity Trades	$0.012 per equity share, $5 minimum.†

Securities Type	Cost Per Trade Program	open an account
Equity Trades	$7.50 trades per month, per referral! Learn More $10 per trade @ 500+ trades per month $13 per trade from 250-499 trades per month $15 per trade from 0-249 trades per month**
Futures Trades	Electronic $1.25 per contract per side plus fees 2000+ contracts per month $2 per contract per side plus fees @ 400-1999 contracts per month $3 per contract per side plus fees @ 200-399 contracts per month $4 per contract per side plus fees @ 0-199 contracts per month PIT traded $5 per contract, per side 200-399 contracts per month $6 per contract, per side 0-199 contracts per month Trading more than 400 contracts per month? Call for a special rate. Eurex $2 per contract per side plus fees @ 2000+ contracts per month $3 per contract per side plus fees @999-1999 contracts per month $4 per contract per side plus fees @ 0-999 contracts per month
Option Trades	$1.50 per options contract. $15 minimum.†† $9.00 per ticket + $1.75 per contract
ARCA OTC-BB	$0.001 per share, minimum $15, maximum $50 ticket charge Please note that this rate does not include ARCA Exchange pass through fees. For more information about ARCA Exchange pass through fees, click here.
NITE OTC-BB	$0.003 per share, maximum $50 ticket charge Please note that NITE otc-bb trades must be called into the Trade Desk at 800-452-6294.

* ECN and Exchange fees do not apply to Terra Nova Investor. Ticket charges are based on orders less than 1000 shares. Any order over 1000 shares will incur an additional charge of one cent per share for each share over 1000. Note that additional fees may apply for non DTC eligible transactions.

** Price per trade is based on trades up to 2500 shares. For each share over 2500 a $0.005 per share charge will apply. Price per trade based on previous month's trade activity and does not include ECN fees. Note that additional fees may apply for non DTC eligible transactions.

† Per share pricing is available to users of the RealTick trading platform only when using the TNOVA route. To qualify for a RealTick software fee reimbursement, 100 or more trades are required per calendar month. No partial reimbursements available. All trade route fees included within the per share rate except for SEC fees on sales transactions. Note that additional fees may apply for non DTC eligible transactions.

†† The $1.50 option contract rate available only when using the TNOVAOPT options route. When using other options routes, the standard options rate will apply.

For more information about and to access the TNOVA and the TNOVAOPT routes, please contact customer support at 1-866-866-6546.

Both the equity per-share and option contract rates may not be available through all Terra Nova Financial, LLC branch, rep or broker-dealer offices.