Ameritrade Apex custom commission schedule?

Discussion in 'Retail Brokers' started by crimony, Aug 1, 2006.

  1. crimony


    I've heard that some Ameritrade Apex customers have a custom commission schedule below the standard/advertised schedule. Does anyone get a better deal than $9.99 a trade and $0.75 per option contract? How about margin rates? I want to be informed before I call. Thanks.
  2. I have HEARD of people on ET intending on leaving Ameritrade, and then Ameritrade offers them a better deal to try to keep them.

    I'd ask for them to give you an offer better than MBTrading or somewhere around IB.

    Apparently, if what I read is true about how much brokers pay per share, Ameritrade and every other retail broker is making a killing.
  3. qll


    what is the rate they counter offered?
  4. The commission rate can be as low as 0.75 per contract for option.
  5. crimony


  6. What do you have to do to get a rate with a $0 ticket charge? I'd love to be able to direct orders to BOX to get price improvement and do it for $.75/contract.
  7. Just call them and ask. If you have the volume they want, they don't mind to waive the ticket charge.