As this source of revenue evaporated, brokerage stocks plunged, and TD Ameritrade soon entered a shotgun marriage with Schwab, while E-Trade ran into the arms of Morgan Stanley. We require a minimum opening purchase of $100 per order on OTCBB and Pink Sheet stocks. We don’t charge commissions for stocks and ETFs priced $2 and higher. Low-priced securities are charged a $4.95 base commission plus one cent per share on the entire order. In general, the maximum commission charge doesn’t exceed 5% of the value of the trade.

Big Money Rush

There’s also no commissions on options trading and 50c per contract fee. Ally Invest charges an additional 35 cents per contract on certain option index products where the exchanges charge fees.

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