We may be compensated by the businesses we review. Before being acquired by Charles Schwab, TD Ameritrade was an American online broker based in Omaha, Nebraska, that grew rapidly through acquisition to become the 746th-largest U.S. firm in 2008. IRA-Reviews.com provides reviews of services based on our personal opinions. The more you trade, the more trade reconciliation you'll have to do come tax time as well. Spanish Financial Transaction Tax (FTT) Ordinary & ADR -all opening transactions in designated Spanish companies will be subject to the Spanish FTT. Current rates are:$0.000145 per share for each sale of a covered equity security, with a maximum charge of$7.27 per trade; $0.00244 per contract for each sale of an option; $0.00092 per bond for each sale of a covered TRACE-Eligible Security (other than an Asset-Backed Security) and/or municipal security, with a maximum charge of $0.92 per trade;$0.00000092 times the value, as reported to TRACE, of a sale of an Asset-Backed Security, with a maximum charge of $0.92 per trade. TD Ameritrade's trading fees are low which makes it suitable for you even if you trade often (i.e. The fees are charged to companies that allow their clients to hold ADRs, such as TD Ameritrade, and then those fees are passed through to the client that owns the ADR. Gardner: I'd never known how that worked. Check the background of TD Ameritrade onFINRA's BrokerCheck. Fund fees TD Ameritrade fund fees are high. Disclaimer: "I can't say enough good things about what you guys and gals do to fulfill your mission at The Motley Fool, but I'll spare that for the time being and pose my question." ago ADR fees, too? The only new stocks that i purchased around that time are NEM, TOT, CVX, and XOM, so im assuming it came from one of these, but i cant figure out which one or why? 3Mandatory and voluntary offers. American depository receipts are essentially a slip of paper that you're going to buy from your broker that says, "I own X number of shares of a foreign company." Mon, Nov 25, 2019 10:00 AM EST. deposited through the Depository Trust Company (DTC). - Alternative investment transaction fee: $100 - Foreign security: $15 - Commission-free ETF short-term trading: $13.90 - Return check/electronic funding: $25: Not just a small increase either. These charges are typically based on fees assessed under various regulations applicable to transactions. They sell those to your broker, who then sells them to you. Merrill Edge. In addition, they charge a hefty 3% foreign transaction fee for any transaction outside the United States or in a foreign currency. Does this affect ZIM and canadien OTC tickers?