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!
What Fees You Can Expect
| Service | Fee | Notes |
| 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 |
Notes |
| 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 |
Bottom Line
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!
If you love reading posts like this, be sure to check out more on HMB! You should also check out our compiled list of the Best Brokerage Bonuses or the best E-Trade Promotions!
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