When you trade with E-Trade, you gain access to their several platforms, wealth of research and information, all their tools and charts, and a large selection of commission-free ETFs and transaction-fee-free mutual funds.
Its commission structure is easy to navigate, and favors traders who make at least 30 trades per quarter.
However, if you’re new to E-Trade there may be unexpected fees that you’re unaware of. If you wish to learn more about these fees, continue reading down below to learn more!
• $0 Commissions for online stock, ETF, & options trades. Join E*TRADE today!
• Receive up to 500 commission-free stock and options trades
• Can roll over your 401(k) or other employer sponsored-plan
• $0 per trade; $0.65 Options Contracts
What Fees You Can Expect
|Commission for stocks, options and ETFs||$6.95 for fewer than 30 trades per quarter
$4.95 for 30+ trades per quarter
|150+ commission-free ETFs|
|Commission-free ETF short-term trading fee||$19.99 for 0-149 stock and options trades per quarter
$15.99 for 150+ stock and options trades per quarter
|E-Trade may charge a fee for sales of ETFs held less than 30 days|
|Mutual funds||Transaction fee: $19.99
Load funds: Load listed in prospectus
|4,400+ no-transaction-fee mutual funds|
|Mutual fund short-term redemption fee||$49.99||Charged on redemptions or exchanges of no-load, no-transaction-fee funds held less than 90 days|
|Options||$6.95 plus $0.75 for fewer than 30 trades per quarter
$4.95 plus $0.50 for 30+ trades per quarter
|Options exercises and assignments||$4.95||Notes|
|Futures||$1.50 per contract, per side
Bitcoin futures: $2.50 per contract, per side
|Plus exchange and regulatory fees|
|Margin rates||Base rate is 7.75%; rates range from 6.75% to 10.25%||Notes|
|Broker-assisted trades||$25 plus applicable commission||Notes|
|Extended-hours trading||$0.005 per share||Notes|
|Paper statements||$2 (some accounts exempted from fee)||Electronic statements are free|
|Outbound account transfer||$75 full account
$25 partial account
|No partial transfer fee if remaining balance is greater than $5,000|
|Early withdrawal (before age 59-1/2) from retirement account||$25||Notes|
|Removal of excess retirement-account contribution||$25||Notes|
|Recharacterization of Roth IRA or traditional IRA contribution or conversion||$25||Notes|
If you plan on using E-Trader, be sure to understand all their fees and ways to other reduce of avoid certain fees. It’s a solid trading platform that may be perfectly suitable for your needs!
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