E*Trade charges $6.95 for stock trades, with an additional $25 charge for broker-assisted trades. Active traders (30 or more trades per quarter) are charged a lower rate ($4.95). Figure 1: Summary of fees for popular E*Trade accounts.
|Figure 1: Summary of fees for popular E*Trade accounts.|
Options trades follow the same basic stock commission structure, with an additional $0.75 tacked on for each contract ($.50 if you place 30 or more trades per quarter).
As with most brokers, E*Trade's margin rates vary with the size of the account – ranging from "base + 2.5%" for the smallest accounts to "base - 1%" for the largest.
While E*Trade offers a large number of no-fee funds, mutual funds outside of that list carry a $19.99 transaction fee.
There are very few explicit fees tied to retirement accounts at E*Trade, though certain transactions (recharacterizations and excess contribution removals) do carry a $25 fee.
Like most brokers, E*Trade charges no separate commission for Treasury bonds. There is a $1/bond charge for secondary market transactions ($10 minimum), and a $25 additional charge for broker assistance.
Futures contracts carry a base commission rate of $1.50 per contract plus additional fees that vary with the exchange in question.
E*Trade Brokerage: Tools and Additional Features
InvestingThe robust trading platform is developed for active traders with multiple levels of analysis tools and efficient trading interfaces.
Managing WealthA peek into the brokers whose brokerage charges are higher than average in the stock market world.
TechE*Trade's product, known as Adaptive Portfolio, will offer a combination of active and passive investment strategies
InvestingFor E*TRADE Financial (NASDAQ: ETFC), mid-summer has been a good news/bad news period. Last week, the company released its July metrics, indicating a month of mixed fortunes for the discount ...
Financial AdvisorAgents charge brokerage fees for facilitating transactions between buyers and sellers.