Commissions and Fees
Brokerage account commission and fee schedule

These commissions and fees are effective as of July 15, 2023, and are subject to change without notice.
Our Priority Investors with $100,000 or more in American Century Investments® mutual fund assets receive discounted commission prices for equity and mutual fund trades, as well as reduced or waived fees as noted in the fee schedule.
Platinum Benefits: $500,000 or more in American Century Investments mutual fund assets
Gold Benefits: $250,000 - $499,999 in American Century Investments mutual fund assets
Silver Benefits: $100,000 - $249,999 in American Century Investments mutual fund assets
Additional Brokerage Details
Equities
Equities are considered common stock, preferred stock, and ETFs.
All equity orders filled over two different business days will be charged multiple commissions.
All partially filled equity orders for which price or quantity are changed and result in multiple trades on the same day will be charged separate commissions.

Equities (Common Stock, Preferred Stock and ETFs) more than $1 per share*
*More than $1 per share with maximum charge of $250 for all clients except Platinum.
Clients | Transaction Amount | Trading Method | Commission |
---|---|---|---|
Platinum | Any | Any | $9.95 |
Gold | Any | Any | $14.95 + 2¢/share for each additional share over 1,000 |
Silver | Any | Any | $19.95 + 2¢/share for each additional share over 1,000 |
Priority | Any | Any | $24.95 + 2¢/share for each additional share over 1,000 |
Brokerage Clients | Any | Online | $24.95 + 2¢/share for each additional share over 1,000 |
Any | TeleSelect automated telephone line | $34.95 + 2¢/share for each additional share over 1,000 | |
Any | With a representative | $45.00 + 2¢/share for each additional share over 1,000 |
Equities under $1 per share
Clients | Transaction Amount | Trading Method | Commission |
---|---|---|---|
Platinum | Any | Any | $9.95 |
Gold | Any | Any | $14.95 + 3% of transaction amount; maximum charge of $250 |
Silver | Any | Any | $19.95 + 3% of transaction amount; maximum charge of $250 |
All Other Clients | Any | Any | $24.95 + 3% of transaction amount; maximum charge of $250 |
Mutual Funds¹
Mutual Fund Investment Minimums: Initial investment $2,500 or fund minimum if higher. Subsequent investments $1,000. Trades below the minimum will be charged a transaction fee.
Please note: If you purchased a fund and paid a transaction fee, a transaction fee will be charged upon its sale even if it becomes a no-transaction-fee fund after your purchase. If you hold no-transaction-fee fund positions along with transaction-fee positions, the no-transaction-fee positions will liquidate first.
Transaction Fee Funds²
Clients | Transaction Amount | Trading Method | Commission |
---|---|---|---|
Platinum | Any | Any | $9.95 |
Gold | Any | Any | $14.95 |
Silver | Any | Any | $19.95 |
Priority | Any | Any | $24.95 |
Brokerage Clients | Any | Online | $24.95 |
Any | TeleSelect automated telephone line | $34.95 | |
Any | With a representative | $45.00 |
No Transaction Fee (NTF) Funds³
Clients | Transaction Amount | Trading Method | Commission |
---|---|---|---|
All Clients | Any | All methods | No fee to buy, sell or exchange shares of participating funds |
Load Funds
You will pay the sales load described in the fund’s prospectus for all transactions.
Clients | Transaction Amount | Trading Method | Commission |
---|---|---|---|
All Clients | Any | Any | No fee |
¹Mutual funds are offered by prospectus only. If you have not received a fund’s prospectus, please call 1-888-345-2071. Read the prospectus and carefully consider the fund’s objectives, risks, charges and expenses before investing.
²You may buy shares directly from the fund company without paying transaction fees.
³A $50 fee for short-term trading (sale of shares held less than six calendar months) applies to all NTF funds except American Century Investments mutual funds.
Options
All option orders filled over two different business days will be charged multiple commissions.
All partially filled option orders for which price or quantity are changed and result in multiple trades on the same day will be charged separate commissions.
Clients | Transaction Amount | Trading Method | Commission |
---|---|---|---|
Platinum | Any | Any | $9.95 |
Gold | Any | Any | $14.95 + $1 per contract |
Silver | Any | Any | $19.95 + $1 per contract |
Priority | Any | Any | $24.95 + $1 per contract |
Brokerage Clients | Any | Online | $24.95 + $1 per contract |
Any | TeleSelect automated telephone line | $34.95 + $1 per contract | |
Any | With a representative | $45.00 + $1 per contract |
Other Securities
Primary Issue Bonds and CD Purchases⁴
Clients | Transaction Amount⁵ | Trading Method | Commission |
---|---|---|---|
All Clients | Any | With a representative | PURCHASE: $0; American Century Brokerage receives a fee from |
U.S. Treasury Auction Securities and Secondary Treasuries and Government Obligations
Clients | Transaction Amount⁵ | Trading Method | Commission |
---|---|---|---|
All Clients | Any | With a representative | $45 per transaction |
Secondary Market Bonds and CDs
Clients | Transaction Amount⁵ | Trading Method | Commission |
---|---|---|---|
Platinum Investors | Any | With a representative | $3 per bond |
All Other Clients | Up to 25 bonds | With a representative | $5 per bond |
25+ bonds | With a representative | $5 per bond for the first 25 bonds; $3 per bond thereafter | |
All | Any | With a representative | CD sell prior to maturity $55 per transaction |
Unit Investment Trusts (UITs)
Sell only, purchases not permitted
Clients | Transaction Amount | Trading Method | Commission |
---|---|---|---|
All Clients | Any | With a representative | $50 transaction fee + sales charge as described in the prospectus |
Precious Metals⁶
Clients | Transaction Amount⁵ | Trading Method | Commission |
---|---|---|---|
All Clients | Any | With a representative | 1% of transaction amount (minimum commission $35 per |
⁴American Century Brokerage may act as principal.
⁵$5,000 minimum purchase, or higher depending on the issue.
⁶Gold, silver and platinum are available to purchase for delivery or storage.
Margin Schedule
Debit Balances | American Century Brokerage, Base Lending Rate, plus/minus: |
---|---|
$0 - $25,000 | 1.9% of debit balance |
$25,001 - $50,000 | 1.4% of debit balance |
$50,001 - $75,000 | 0.9% of debit balance |
$75,001 - $100,000 | 0% of debit balance |
$100,001+ | -0.25% of debit balance |
Important Note: If you have or plan to add the margin feature to your account, it is important to carefully read the "Disclosure of Credit Terms" section located in the Customer Agreement booklet.
Account, Transaction and Miscellaneous Fees
Account Fees
Annual IRA Custodial Fee⁷ | $50 per account (waived for Platinum, Gold and Silver Priority Investors or if the account balance is over $10,000) |
IRA Termination Fee | $50 per account |
Non-IRA Outgoing Transfer | $100 per account |
Annual Corestone Account® Fee⁸ | |
Corestone Account total balance $0 to $49,999 | $100 per account |
Standard CheckWriting Fee⁸ | |
Annual | $25 |
Account average month-end sweep balance of $25,000 or more | Waived |
Standard Semiannual Account Maintenance Fee⁸ | |
American Century mutual fund assets $0 to $9,999 | $50 per account |
American Century mutual fund assets $10,000 to $19,999 | $25 per account |
American Century mutual fund assets $20,000+ | Waived |
Annual Corestone Account® Fee⁹ | |
Corestone Account total balance $0 to $49,999 | $100 per account |
Enhanced Cost Basis Fee¹⁰ | |
At Establishment and Annual Fee | $25 per account |
Account average month-end sweep balance of $25,000 or more | Waived |
Transaction Fees
(waived for Platinum, Gold and Silver Priority Investors)
Check reorder | $10 for 100 checks |
IRA check reorder | Free – 25 checks per book |
Stop payment | $25 per item |
Copy of check or Visa® debit | $2.50 per item |
Statement or confirm copies | $2.50 per copy, or $30 for a full year |
Cash Advance Fee (non-ATM) | 2.5% of principal |
Overnight checkbook /debit card delivery | $20 |
Miscellaneous Fees
Certificate Issuance (Register and Ship - if available) | $60 per item |
Direct Registration System (DRS) Outgoing Share Transfer | $30 per item |
Stock Transfer Agent Fees | |
Direct Registration System (DRS) Incoming Share Transfer | $20 to $30 per item |
Depository Trust Company (DTC) Transfer | $3 to $5 per item |
Deposit and Withdrawal at Custodian (DWAC) Share Transfer | $50 to $125 per item |
Annual Precious Metals Storage Fee | .75% of the metals’ market value, billed on a quarterly basis ($5 minimum) |
Customer Name Safekeeping | $2 per position per month |
Margin Extensions | $20 per item |
Option Exercise | $35 per item |
Alternative Investment | |
Registered Alternative Investment | $35 (limited availability) |
Unregistered Alternative Investment | $125 (limited availability) |
Foreign Securities Fees | |
Agent Servicing Fee: May apply to American Depository Receipt (ADR) holders | Variable |
Foreign Exchange Transactions: Quoted per exchange | Limited availability |
Non-DTC Eligible Foreign Securities¹¹ | $75 per trade or transfer |
Foreign Securities Safekeeping | $5 per position per quarter |
Foreign Financial Transaction Tax (FTT): May apply to purchases | Variable |
⁷The annual IRA custodial fee will be charged in the anniversary month of the account opening and upon account closure.
⁸Corestone Annual Account fee and Standard CheckWriting fees will be charged in the account’s anniversary month.
⁹The semiannual maintenance fee will be charged in April and October. Your American Century Investments mutual fund assets are reviewed on the last business day of March and September to determine if the fee applies to your account.
¹⁰Enhanced Cost Basis can track realized and unrealized gain/loss information on all covered and uncovered shares. Information is displayed on statements and online.
¹¹Call to confirm whether your foreign security is DTC eligible. Even if your foreign security was DTC eligible at the time of purchase, it may become non-DTC eligible without notice.
Corestone Account® is a registered trademark of Pershing, LLC. American Century Brokerage has chosen Pershing for the brokerage platform.
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This material has been prepared for educational purposes only. It is not intended to provide, and should not be relied upon for, investment, accounting, legal or tax advice.
For detailed descriptions of indices or investing terms referenced above, refer to our glossary.
Certificates of deposit (CDs) offered through American Century Brokerage are issued by Federal Deposit Insurance Corporation (FDIC)-insured institutions, and are subject to change and availability. There is a $55 early termination fee and possible market value adjustments. Brokered CDs will fluctuate in market value between purchase date and maturity date due to their ability to be sold on the secondary market. Because the secondary market for CDs is generally illiquid, a significant loss of principal could result if your CD is sold prior to maturity. American Century Brokerage makes no judgment as to the creditworthiness of the issuing institution and does not endorse or recommend the CDs in any way.