Retail Account	Professional Account	Institutional Account	Highlights:
$5,000	$50,000	$250,000	Minimum Account Balance
			Software Rebates  (Learn More)
NO minimum trades per month	NO minimum trades per month	NO minimum trades per month	Minimum Trades / Month
NO overnight fee	NO overnight fee	NO overnight fee	Overnight / "Carrying Fee"
NO maintenance fee	NO maintenance fee	NO maintenance fee	Account maintenance fee
NO additional cost	NO additional cost	NO additional cost	Intra-day Margin Financing
$0.90 and lower View Retail Rates	$0.75 and lower View Professional Rates	$0.35 and lower View Institutional Rates	Commission Rates
			Online Account Opening

Notes

1. Institutional Accounts - Customer must keep a minimum balance of $250,000 to qualify for these commissions. Accounts that do not meet the minimum balance will be automatically switched to the Professional Account matrix. Customer has 48 hours to bring accounts back to the required minimum balance before commission structure is changed.
2. Professional Accounts - Customer must keep a minimum balance of $50,000 to qualify for these commissions. Accounts that do not meet the minimum balance will be automatically switched to the Retail Account matrix. Customer has 48 hours to bring accounts back to the required minimum balance before commission structure is changed.
3. Retail Accounts - Customer must keep a minimum balance of $2,000 at all times in order to be able to trade.