Etrade Commission Structure. Brokerage Fee Schedule, IRA Account Fees, Margin Rates. Cost/Price of Self-Direct Trading.

Etrade brokerage firm rating

  • Stocks & ETFs: $6.95
  • Options: $6.95 + $0.75 per contract
  • Mutual Funds: $19.99

Etrade Margin Rates

Debit BalanceMargin Rate
$1,000,000 or more6.00% (1% below base rate)
$500,000 to $999,9997.00% (Equal to base rate)
$250,000 to $499,999.997.50% (0.50% above base rate)
$100,000 to $249,999.998.00% (1.00% above base rate)
$50,000 to $99,999.998.50% (2.00% above base rate)
$25,000 to $49,999.999.00% (2.00% above base rate)
$10,000 to $24,999.999.25% (2.25% above base rate)
Less than $10,0009.50% (3.50% above base rate)


Etrade Account Fees

Fees Amount
Check Returned for Non-sufficient Funds$25 per item
Electronic Transfer Returned for Non-sufficient Funds$25
Fed Call Extensions$25
Alternative Investment Fee $250 for annual custody fee per position
$75 for new purchases and/or re-registration for transfers
$50 capital call fee
$75 liquidation fee
Reorganizations $20 for mandatory actions (e.g., mergers, reverse stock splits)
$30 for voluntary actions (e.g., tender offers)
$50 for actions reflected on physical certificates
Restricted Securities Custody $150
Worthless Securities Processing $5
American Depositary Receipts (ADRs) Custody Fee $.005 - $.05 per share
Short-Term Trading Fee for Commission-Free ETFs $15.99 for customers with 150+ stock and options trades during quarter
$19.99 for customers with 0-149 stock and options trades during quarter
Financial Transaction Tax (FTT) Ordinary & ADR French. Effective December 1, 2012 all opening transactions in designated French companies will be subject to the French FTT at a rate of 0.20% of the total transaction cost.

Italian. Effective March 1, 2013 all opening transactions in designated Italian companies with a market capitalization greater than 500 million Euros will be subject to the Italian FTT.

Etrade Paper Statement Fees

Paper Statement Fee You will be charged a $2.00 handling fee for each Etrade Securities paper statement mailed to your address of record, unless an exemption applies.
The $2.00 handling fee for paper account statements will be charged to your account the month following the month for which you were mailed a paper statement (the "Trigger Month"), unless any of the following apply by the last business day of the Trigger Month:
Exemptions: Account Types
Customers currently enrolled with electronic statements
Pro Elite customers (To qualify for Pro Elite, you must execute at least 30 stock or options trades during a calendar quarter). For information about Etrade pro visit www.etrade.com/pro. The Etrade Pro trading platform is available at no additional charge to Pro Elite active trader customers who execute at least 30 stock or options trades during a calendar quarter. To continue receiving access to this platform, you must execute at least 30 stock or options trades by the end of the following calendar quarter
Retirement & custodial accounts
Global Trading accounts
Other relationships with Etrade Financial
Stock plan accounts for current employees of current Etrade Financial Corporate Services clients
Minimum Balance
Customers with a combined value of $10,000 in cash and securities in linked Etrade Securities accounts
Customers with a combined balance of $20,000 or more in linked Etrade Securities and Etrade Bank accounts

Etrade Special Request Fees

Overnight Mail $20
Account Transfers (outgoing) $25 for partial transfers
$60 for full transfers
Check Copies $15 per copy
Check Requests $10 per request
Checkbook Reorders $8.25 for 75 checks (reorder fee waived for customers with $50,000 or more in combined Etrade Securities and Etrade Bank accounts or who make at least 30 stock or options trades per quarter.)
Stop Payment Requests $25
IRA Premature Distributions $25
Stock Certificate Requests $500 per certificate
Foreign Stock Certificate Requests $250 per certificate
Wire Transfers $0 incoming
$25 outgoing
Foreign Currency Disbursement Fee Up to 225 basis point (2.25%). Please visit the official Etrade website for details.
Duplicate Account Statements or Tax Forms $5 per statement or form (access these documents online) for free

 

Etrade Broker Assisted Trades

Customers will be charged an additional $25 for broker-assisted trades, plus applicable commission. An ECN fee of $0.005 per share will be added to all trades executed during the Extended Hours trading sessions and on trades executed through Etrade Pro at an ECN during regular market and Extended Hours sessions. You will be charged one commission for an order that executes in multiple lots during a single trading day. Orders that execute over more than one trading day, or orders that are changed, may be subject to an additional commission.

Standard commissions for stock and options trades are $6.95 (plus an additional $0.75 per options contract). For options orders, an options regulatory fee will apply (depending on what exchange the order executed on).

In addition to your regular commission, a separate transaction fee (equal to the principal amount x 0.00001840) will apply to the sale of all equities, options, and exchange-traded fund (ETF) securities.The fee, calculated as stated above, only applies to the sale of equities, options, and ETF securities and will be displayed on your trade confirmation. The transaction fee is a fee collected by the United States Securities and Exchange Commission to recover the costs to the Government for the supervision and regulation of the securities markets and securities professionals. All fees will be rounded to the next penny.

Etrade fees are subject to change. For the most up-to-date information visit Etrade official website.

 

Etrade Bank Service Fees

Account Research$25 per hout
Check Copies (front and back)$5 per check
Check Reorder (standard quantity)$8.75 per reorder ($8.25 for the Etrade Money Market Account), waived for customers who maintain a combined balance of $50,000 or more in linked Etrade Securities, Etrade Bank, and employee stock plan accounts (including vested in-the-money options, stock option plan shares, ESPP shares, and released restricted stock); or execute at least 30 stock or options trades during a calendar quarter in their Etrade Securities account.
Check Returned for Non-Sufficient Funds$25 per item
Closing Your Account$10 early closeout fee if the account is closed out within the first 120 days of opening. (Not applicable for Complete Savings Account.)
Coverdraft Protection$5 per usage. To enroll account, send us a secure message or call us at 1-800-ETRADE-1 (1-800-387-2331) from 7 a.m. to midnight ET.
Digital Security ID$25 per device, waived for customers who maintain a combined balance of $50,000 or more in linked Etrade Securities, Etrade Bank, and employee stock plan accounts (including vested in-the-money options, stock option plan shares, ESPP shares, and released restricted stock); or execute at least 30 stock or options trades during a calendar quarter in their Etrade Securities account.
Duplicate Statements$5 per statement
FedEx Request$20 per request
IRA Transfer (full account)$0 per transfer in, $60 per transfer out
Legal Processes (subpoenas, levies, and other processes)$75 minimum plus research and copy fees
Minimum Balance FeeIndependent Checking $101
Etrade Money Market $101
Max-Rate Checking $151
Returned Deposits$25 per item
Stop Payment Request$25 per request
Verification of Deposit$5 per request
Wire Transfers$0 per incoming wire
$25 per outgoing wire (domestic or international)

 

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