Mandatory Reorganization Fee

Getting Started with Alpaca
1

I currently use TDA and their API’s for my trading, I incure a Mandatory Reorganization Fee of $38 every time a stock splits. I know some brokers charge this fee and some don’t, where does Alpaca stand?

2

@DougG Alpaca doesn’t charge any fees for handling stock splits or mergers. The only fees Alpaca charges are are for

  • Regulatory fees (FINRA and SEC)
  • Margin interest
  • Short sales borrow fees
  • Wire transfer fees

A complete list can be found here.