E*TRADE fees on stocks, trades, accounts. Does E*TRADE charge fees? E*TRADE commission to buy stocks on NYSE and NASDAQ exchanges.

E*TRADE Fee For Buying and Selling Stocks

E*TRADE has a $0 commission on all U.S. exchange-listed stocks traded online. However, over-the-counter stock trades will incur a $4.95 or $6.95 commission fee. Customers who execute less than 30 trades per quarter pay $6.95, and customers who complete 30 or more trades per quarter pay $4.95.

Stock trades that are broker-assisted incur an extra $25 fee. Transactions directed through E*TRADE Pro to an ECN incur an additional fee of $0.005 per share.

E*TRADE Fees Comparison

E*TRADE Options Fees

E*TRADE charges $0.65 per option contract for customers who execute less than 30 trades per quarter. And $0.50 for customers who complete more than 30 trades per quarter. There is no fee for exercising or assigning an options contract.

In addition, E*TRADE charges an "Options Regulatory Fee" of $0.0098 per option contract. The options exchanges assess these fees to E*TRADE, and E*TRADE passes the cost onto customers. E*TRADE calculates a blended rate of $0.0098 per contract as of 2/1/2023. This fee is subject to change.

E*TRADE also offers a "Dime Buyback Program" that allows customers a $0 commission on specific options contracts. E*TRADE waives the fees for customers that buy-to-close short options priced at $0.10 or less. The program encourages customers to manage risk without worrying about options fees.

Customers are automatically enrolled in the Dime Buyback Program when they buy-to-close a short options position priced at $0.10 or less. There is no special enrollment required.

Like stock trades, E*TRADE charges an extra $25 for broker-assisted transactions.

E*Trade fees


E*TRADE does not charge a commission for any online ETF trades. However, each ETF may have its own expenses. Customers should read the fund's prospectus before investing in ETFs.

Free E*TRADE Account

No commissions on stocks and ETFs.

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E*TRADE Bonds Fees

U.S. Treasury bonds can be traded for a $0 commission—both auction and secondary trades. Other types of bonds traded online incur a commission of $1 per bond with a minimum fee of $10 and a maximum fee of $250.

Broker-assisted trades are subject to online secondary trade pricing plus an extra $20 commission. All new bond issues except for the Treasury auction includes a selling concession.

This commission structure applies to agency, corporate, and municipal bonds and brokered CDs, pass-throughs, CMOs, and asset-backed securities.

E*TRADE may act as principal on bond transactions. When doing so, they will add a markup to purchases and subtract a markdown on sales. When E*TRADE acts as principal, they include the markup or markdown in the price quotes.

Lastly, customers may incur commission fees on secondary market trades executed through Fixed Income Specialists.

does etrade have fees

E*TRADE Futures Fees

The commission for futures contracts is $1.50 per contract per side plus additional fees. Cryptocurrency futures are $2.50 per contract per side plus fees.

Additional fees may include National Futures Association fees and floor brokerage charges. E*TRADE doesn't set these fees, which vary depending on the exchange.

E*TRADE Mutual Funds

There is no commission for no-load, no-transaction-fee mutual funds. For load funds, customers should read the fund's prospectus. The prospectus will contain expense information related to the specific fund.

Margin Rates

The margin rate is the interest brokers charge when investors trade on margin. E*TRADE's margin rates currently vary between 12.2% and 14.2%, depending on the balance. E*TRADE margin rates are subject to change without notice.

Managed Portfolio Fees

E*TRADE provides an option for customers to have their portfolios managed by a team of professionals. The fee for this service is a flat annual 0.30% of the portfolio value. Customers must pay the fee monthly in advance based on the portfolio's market value on the last business day of the previous month. The minimum portfolio value for professionally managed accounts is $500.

Index Option Fee (IOF)

An index option is an options contract that gives the holder the right, but not the obligation, to buy or sell an underlying index. The Options Clearing Corporation charges E*TRADE an IOF which E*TRADE passes to the customer.

E*TRADE charges IOFs for the following indexes: SPX, RUT, VIX, OEX, XEO, & DJX. The fee per contract varies from $0.18 to $0.51.

FINRA Trading Activity Fee (TAF)

The Financial Industry Regulatory Authority (FINRA) is a regulatory organization that oversees brokerage firms. FINRA charges a Trading Activity Fee (TAF) on the sale of all securities, and E*TRADE passes this fee on to customers. The TAF for sales of equity securities is $0.000145 per share, but there is a cap of $7.27 per transaction.

Section 31 Fee

The Securities Exchange Commission (SEC) imposes a Section 31 fee on all security transactions. This fee is also passed on to customers by E*TRADE. The current cost is $0.000008 times the principal amount. It applies to the sale of all equities, options, and ETFs.

Account Activities Fees

E*TRADE imposes several fees related to customer account activities:

$25 for checks returned for insufficient funds
$25 for electronic transfer returned for insufficient funds
$38 for mandatory action reorganizations (mergers, reverse stock splits)
$38 for voluntary action reorganizations (tender offers)
$50 for reorganizations based on actions reflected on physical certificates
$150 for restricted securities custody
$5 for worthless securities processing
$25 for forced margin liquidation, and
$0.005 to $0.05 per share American Depositary Receipts custody fee

In addition, E*TRADE charges a financial transaction tax (FTT) on French, Italian, and Spanish companies. The French FTT is 0.30% of the total transaction cost, and the Italian FTT is 0.20%. The Spanish FTT is 0.20% of the total Buy side cost.

Paper Statement Fee

E*TRADE charges customers a $2.00 fee for each paper statement mailed to their address, but many exemptions apply.

The following account types are exempt from the paper statement fee: customers currently enrolled with electronic statements, retirement and custodial accounts, and global trading accounts. Stock plan accounts for current employees of E*TRADE Financial Corporate Services clients are also exempt.

Exemptions also apply to customers with a combined balance of $10,000 in cash and securities in linked E*TRADE accounts and customers with a combined balance of $20,000 in linked E*TRADE and Morgan Stanley Private Bank accounts.

Special Request Fees

E*TRADE charges various fees related to specific customer requests:

$20 for overnight mail
$25 for partial account transfers
$75 for full account transfers
$15 per copy for check copies
$10 per request for check requests
$8.25 per check for checkbook reorders
$25 for stop-payment requests
$25 for IRA premature distributions
$50 per certificate for stock certificate requests (domestic)
$250 per certificate for foreign stock certificate requests
$0 for incoming wire transfers
$25 for outgoing wire transfers
Up to 3.0% foreign currency disbursement fee
$5 per statement or form for duplicate account statements or tax forms

All commissions and fees may be subject to change. Contact E*TRADE for the latest updates and details.

Free E*TRADE Account

No commissions on stocks and ETFs.

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