2020 Etrade commission cost for buy stock order on NYSE and NASDAQ exchanges. Etrade fees for stock selling trades.

Etrade Fee For Buying and Selling Stock

Etrade charges $0 fee for selling and buying any stock or ETF. Unlike some other online brokers, there is no surcharge to trade penny stocks or large amount of shares.

Etrade Stock Trading Fees Comparison



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No commissions on stocks and ETFs.

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All Etrade Trading Fees

ProductPrice
Stocks and ETFs $0
Options $0.65 per contract
Mutual funds $19.95
Bonds $1 per bond with $10 minimum, $250 maximum
Futures $1.50 per contract, per side + fees
Certificates of Deposit (CDs) $24.95

* - 50 cents per options contract for users who make 30 or more trades in the prior calendar quarter.


Etrade Overview

Etrade, along with TD Amerirade, is one of the five largest discount brokerage firms in the country. When it was founded in 1992 as the first online discount brokerage, it revolutionized stock market trading. Now, Etrade's millions of customers enjoy access to a suit of free valuable services and to impressive selection of investment products.

Etrade provides very competitive pricing to buy or sell no-load mutual funds: just $19.95 per transaction. The firm offers its customers 9,000 mutual funds, including 4,400 no-load, no-transaction fee (NTF) mutual funds.

In addition to the great cash offer Etrade provides access to independent third-party investment research from S&P, Morningstar, Thompson Reuters, Credit Suisse, and Smart Consensus. There are no account inactivity, maintenance or hidden fees for both non-IRA and IRA accounts.

Etrade is one of our recommended online brokers for investing in mutual funds, bonds, as well as for IRA account holders - there are no IRA setup, annual and custodial fees.

Etrade Financial has been offering Individual Retirement Accounts (IRAs) on their website for over a decade. Investors can rollover existing IRAs from their employers or another brokerage firm at no cost. Etrade’s recently revamped trading platform offers tools and services similar to other brokerages such as Charles Schwab or Scottrade but trade fees are higher than most competitors. The rest of the article will discuss the pros and cons of using Etrade for IRA accounts.


Etrade Stock Order

Account Setup

Accounts are free to setup with Etrade and are not charged any annual fees. Applications take about 5-10 minutes to complete. In compliance with the US Patriot Act, investors will have to provide four important pieces of information to open an account:

  • U.S. Permanent Residential Address
  • Date of Birth
  • Social Security or Tax ID number
  • Employer name and address

For those with limited credit or employment history, Etrade may require additional pieces of identification such as a State ID or driver’s license before accepting funds. It is prudent to assume a two-week waiting period between initial application and availability of funds for trading in the online account. It is important to notify Etrade or any another brokerage of changes in this information as any inconsistency will result in account suspension.

Etrade IRA Choices

Retirement is a big deal and no doubt Etrade has a variety of individual retirement accounts (IRAs) to help you get there. However, just as important as the number IRAs available is the number and types of investment options that you can choose from within each IRA. Aside from great offer codes Etrade also provides a number of features and tools to help investors to get the best returns.

There are several Individual Retirement Accounts available to Etrade customers. These include Traditional, Roth, Rollover, OneStop Rollover, SIMPLE, SEP, Beneficiary, Complete, and Minor accounts. The broker has retirement specialists over the phone who can help investors open any of these IRA's.

Etrade IRA

IRA Setup Fee: $0
IRA Annual Fee: $0
IRA Termination Fee: $0

Open Etrade Account

No commissions on stocks and ETFs.

Open Etrade Account

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