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
TradingLearn how to trade and invest with E-Trade's online brokerage services.
InvestingThe robust trading platform is developed for active traders with multiple levels of analysis tools and efficient trading interfaces.
TechE*Trade's product, known as Adaptive Portfolio, will offer a combination of active and passive investment strategies