TOS assignment fee

Discussion in 'Trading' started by magmiv, Nov 11, 2013.

  1. magmiv

    magmiv

    l think it is unfair to have a $15 assignment fee, how often are TOS clients assigned?
     
  2. 1245

    1245

    What do you think is a fair fee?
     
  3. Maverick74

    Maverick74

    Then close the position. If the assignment fee is less then the total commission, then take the assignment fee. If not, close it out yourself. Not that difficult.
     
  4. magmiv

    magmiv

    many brokers dont charge for that, why should tos charge for that?
     
  5. magmiv

    magmiv

    how many times have you been charged it? closing it can be a bad choice as it can just be a whipsaw?
     
  6. Maverick74

    Maverick74

    Huh? Whipsaw? Just use a market on close order and you will get the same price as you would for assignment. You understand that right?