This document explains the fees you may see when trading equities through Gemini Galactic Markets, LLC (d/b/a Gemini Stocks). We are committed to transparency. All regulatory and exchange fees are passed through to you at cost, without markup.

1. Fees Charged by Gemini Stocks

We do not charge commissions. All equity trades executed through Gemini Stocks are commission-free.

How We Make Money

Gemini Stocks earns revenue through:

• Payment for order flow (PFOF [1]) — compensation received from market makers who execute your trades. We are required to disclose PFOF practices per SEC Rule 606; you may request our quarterly 606 report at any time.

• Interest earned on uninvested cash balances held in your account.
  

2. Regulatory & Exchange Fees — Passed Through at Cost

The following fees are set by federal regulators, self-regulatory organizations (SROs), and exchanges—not us. We collect them on their behalf and pass them through to you at exactly the rates we are charged, with no markup. These fees are required to be charged under applicable law and FINRA rules and are reflected on your trade confirmations.

The SEC assesses this fee on broker-dealers to fund its regulatory operations. It applies only to the sale of NMS securities (exchange-listed stocks and ETFs) and is calculated on the total dollar value of shares sold. Gemini Stocks, in its sole discretion, may choose to not pass one this fee for transactions below a certain notional value.

FINRA assesses the TAF on broker-dealers for each equity share sold. It funds FINRA's member regulation program. The fee is $0.000195 per share, capped at $9.97 per trade, and is subject to adjustment by FINRA.

Gemini Galactic Markets, LLC (CRD No. 304761) is a registered broker-dealer and member of FINRA and SIPC. Securities introduced by Gemini Galactic Markets are cleared and carried by Apex Clearing Corporation (CRD No. 13071), a registered broker-dealer and FINRA/SIPC member.

All transactions are self-directed. Gemini Galactic Markets does not provide investment advice, make investment recommendations, or manage discretionary accounts. All trading decisions are made by the customer.  Trading involves risks and may result in loss of capital.

Fee rates shown in this document reflect rates as of the date of publication and are subject to change. Regulatory fee rates (SEC Section 31, FINRA TAF) are set by their respective regulators and are updated periodically; current rates are published at sec.gov and finra.org. We endeavor to update this document promptly when rates change.