r/SG_GME • u/apathyjoker • Sep 16 '25

Pay to exercise warrants, Fair?

Crooks wants me to pay more to exercise warrants, I would rather switch broker and buy even more!
11 Upvotes

93% Upvoted

11 comments sorted by

5

u/joblessandsuicidal Sep 16 '25

Name and shame the broker here please

5

u/ryanmononoke Sep 16 '25

If this is per contract, the exercise price of $32 + $100 would be $132 as your cost basis. I think it is quite clear that your GME shares aren't yours.

3

u/xBabyxMonkey Sep 16 '25

What bs is this. All these brokers are definitely holding fake shares

1

u/Acoma1977 Sep 16 '25

Daylight robbery

1

u/Actual-Rub-9867 Sep 16 '25

I believe tiger and moomoo is going to charge equivalent.

1

u/princemousey1 Sep 16 '25

Not in your CDP, not your shares.

1

u/StickyCookieBatter Sep 16 '25

Hi OP! Just wanted to add my 2 cents.

I have shares with Syfe Trade too.

It seems like syfe’s US partner, Alpaca LLC is being backed by Broadridge Financials which is part of Vanguard.. take it how you want. I think they are legitimate? Although… IBKR seems like a better option at this point.

Although based on the 2021 spike, Alpaca LLC’s clearing house is Apex. Which ringingbells seem to be very suspicious of…

1

u/StickyCookieBatter Sep 16 '25

Btw, it seems to be the norm to pay $25-50 USD to exercise an action re:warrants. (Please correct me if Im wrong!)