StockTax Fee Calculation
(Back to Home)Most brokers report the actual fee or commission paid for the buy/sell transaction.
The exceptions are:
Manual Transaction Entry
RealTick CSV (Comma Separated Value) files
For these cases StockTax offers you the Automatic Fee Calculation.
The fee structure varies depending on the specific Route (ISLD, ARCA, ISI etc.) used for
the trade
You can specify these algorithms in the StockTax INI file in the [Fee] Section
Example
[Fee]
Default=Base:14.95
INCA=Base:14.95,Add:0.015
ARCA=Base:14.95,Add:0.0025
ISLD=Base:14.95,Add:0.0025
REDI=Base:14.95,Add:0.0055
ISI=Base:14.95,Add:0.0050
SOES=Base:15.95
ETRADE=Base:20.00
CSS=Base:10.00,Add:0.10/100sh,DateMin:19980101,DateMax:4/15/1998
For each Trading Route you can specify one or several fee structures.
Route=Base:xxx[,Add:xxx[,DateMin:xxx[,DateMax:xxx]]]]
For all SELL Transactions the SEC Fee of 1 cent per $300 trading amount is always added!
| Base:{Amt} | Sets the basic Fee Amount to "Amt" |
| Add:{Amt}[/ps][+min] | Add an "Amt" per share "ps"(default 1), starting at the optional minimum of "min" shares |
| Add:0.0025 Add 1/4 Cents for each share ("ps" defaults to one share) | |
| Add:0.10/100 Add 10 Cents for every 100 shares | |
| Add:0.01+2000 Add 1 Cents per share if above 2000 shares | |
| Add:0.10/100+1000 Add 10 Cents for every 100 shares above 1000 | |
| DateMin:{Date} | Apply this rule only after "Date" |
| DateMax:{Date} | Apply this rule only until "Date" |
If the Route specified in the Transaction input is not found the
"Default" is used.