Terms, Conditions and Considerations
All commission fees are charged in the currency of the market. GTC orders filled on separate days will be treated as multiple trades for commission purposes.
Full commission fees apply for each partial fill, except when transacted on the same business day. Multiple trades executed for the same security, including stocks and options on the same day, same side of the market and same exchange will not be abridged, and a separate commission is charged for each trade. Only a single trade confirmation with one aggregate commission fee will be issued to reflect all these trades.
$3.99/ticket flat per equities trade and $3.99 + $1.25/contract commission applies to those who have traded 150 commission-generating trades in previous calendar quarter. Commissions are automatically reset based on previous three months' activity at beginning of the month. ETF purchases are commission-free, as long as the ETF is held for a minimum of one business day.
Mutual fund companies may impose a fee for early redemption, switching between funds or other purposes. These fees will be passed through to the client. CI Direct Trading does not charge any fees for mutual fund transactions. All funds are subject to minimum purchase amounts as outlined in the prospectus or $1,000, whichever is greater.
You may note a small difference on the net dollar value of your transactions for U.S. securities due to “SEC Fee,” "Option Regulatory Fee," "TAF Fee," clearing fee, to a max of 0.0002/share.
Orders placed pre- or post-market, anonymous, iceberg, and also bracketed orders will be subject to a $0.0035/share fee.
The commission structure shown above is only available to new clients of CI Direct Trading as of December 18, 2018, or existing CI Direct Trading clients who send a request to be moved to this commission structure on the date of December 18, 2018 or later.