What is a foreign stock transaction fee?
TradeKing is charged a local settlement fee (normally $75) when trading an over-the-counter foreign stock. TradeKing passes this fee (in addition to the regular trading commission) to its clients with no mark-up. over-the-counter foreign stocks are typically represented by a 5 letter symbol ending in F or Y (example: nintendo – NTDOY). foreign companies listed on US exchanges (example: Nokia – NOK, and Sony – SNE) are not subject to this fee. Please note that when transferring foreign stock into a TradeKing account an incoming transfer fee of $50 per position applies.
