Welcome Newsmax
Pre-IPO Investors!

TradingBlock allows you to deposit your Newsmax shares after they convert from preferred to common stock. Once unrestricted, your shares are immediately tradeable in your TradingBlock brokerage account. Hold them with us or transfer anytime.

TradingBlock is SEC registered and a FINRA/SIPC member.

How to Deposit Your NMAX Shares

3 Easy Steps to Get Started
1
Open a TradingBlock Account.
2
Fund your TradingBlock Account.

Account must be funded with a minimum of $115 to cover DRS Transfer Fee—see below. Click here to watch a video on account funding options.

3
Download your NMAX DRS statement from the transfer agent (easily available from Equity Stock Transfer) and send it to TradingBlock.

Once your account is set up, funded and your DRS statement is received, TradingBlock will send you documents to sign for share deposit.

Fees & Trading Costs for Deposited Shares

DRS/DWAC Transfer Fee
to Deposit Shares:

$115.00

Trade Costs to Sell Deposited Shares*

  • Below $10,000: 3% of principal + $10
  • $10,000–$24,999: 2.5% of principal + $10
  • $25,000–$99,999: 2% of principal + $10
  • $100,000–$499,999: 1.5% of principal + $10
  • $500,000 and above: 1% of principal + $10
*Based on the total value of deposited shares specified above. This commission schedule only applies to the sale of shares deposited via DRS or DWAC into a TradingBlock brokerage account. Commission applied at time of sale may be adjusted to this schedule after trade occurs.  Standard pricing and policies for other brokerage services can be found below.

Standard Full Service Commissions

FULL SERVICE* Account

Stocks & ETFs
$0.001 per share; $5.00 minimum per trade
Options
$5.00 + $0.50 per option contract charge
Phoned-in Orders (Stocks, ETFs and Options only)
$0.00 per trade + above charges
Fixed Income, Mortgage-backed Securities
$1.00 per bond; $50.00 minimum per order
Mutual Funds, UITs
$30.00 per order
Warrants
$30.00 per order
View our full pricing here.

Have a Question?

Call or email us any time for a speedy response.

Account Funding Options

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