Stock & Options Trades
$4.99
$6.95
Simple Options (options contract fee per contract)
$4.99 plus $0.751
$6.95 plus $0.751
Options Contract Fee
$0.751
Options/Options (options contract fee per contract in all legs)
Stock/Options(options contract/contract)
OptionsExercise/Assignments
$19.99
1For options orders, an options regulatory fee will apply (depending on what exchange the order executed on).
ETFs
Commission-Free ETFs
$0
No-load, no-transaction fee funds4
Transaction-fee funds
Load funds
See prospectus for amount of load
Broker-assisted trades
$25 plus the applicable commission
Fee
Description
Amount
Early withdrawals taken before age 59.5 (premature distributions)
This fee applies if you take an early withdrawal of funds before the age of 59.5, including removing money for a first-time home purchase, medical expenses, and education expenses.
$25
Excess contribution removal
This fee applies if you have deposited too much money into the account and need to withdraw the excess funds.
Recharacterizations
This fee applies when you change a contribution (that you've already made) from a Roth IRA to a traditional IRA (or vice versa), or when you change a Roth IRA conversion back to a traditional IRA.
Margin trading involves risks and is not suitable for all investors. Rates are subject to change without notice. Rates are set at the discretion of E*TRADE Securities with reference to commercially recognized interest rates, such as the broker call loan rate.
US Treasury Auction
US Treasury Secondary Trades Online
Online Secondary Trades*
$1 per bond (minimum $10, maximum $250)
Rep Assisted Trades
Online secondary pricing plus $20 commission
Through Investment Product Specialists
Net yield basis
New Issues (except Treasury Auction)
Offering price includes a selling concession
*Includes Agency bonds, Corporate bonds, Municipal bonds, Brokered CDs, Pass-thrus, CMOs, Asset Backed Securities.
E*TRADE Securities may act as principal or agent on any fixed-income transaction. When acting as principal, we will add a markup to any purchase, and subtract a markdown from every sale. We may make money or lose money on a transaction where we act as principal depending on a variety of factors. The markup or markdown will be included in the price quoted to you and you will not be charged any commission or transaction fee for a principal trade. Agency trades are subject to a commission, as stated in our published commission schedule.
Secondary market trades executed through an Investment Product Specialist will be effected on a net yield basis, where E*TRADE Securities will act as principal. When acting as principal, we will add a markup to any purchase, and subtract a markdown from every sale. The markup or markdown will be included in the price quoted to you and will vary depending on the characteristics of the particular security or CD.
Futures Contract Commission
$2.99 per contract, per side + fees*
*In addition to the $2.99 per contract per side commission, futures customers will be assessed certain fees including applicable futures exchange and NFA fees, as well as RJ O'Brien floor brokerage charges for execution of non-electronically traded futures and futures options contracts. These fees are not established by E*TRADE Securities and will vary by exchange.
Check Returned for Non-sufficient Funds
Electronic Transfer Returned for Non-sufficient Funds
Fed Call Extensions
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 ETFs3
$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
*A one-time fee applied when the custodian of a limited partnership is changed from another brokerage firm to E*TRADE Securities.
Transfer agents and banks that sponsor American Depositary Receipts (ADRs) are permitted to charge ADR holders an annual custody fee. The fee is administered through the Depository Trust Company (DTC) which typically will be subtracted from the gross dividend amount payable and/or collected from E*TRADE Clearing by the DTC and deducted from your account if the ADR does not pay a dividend. The fee will be posted to your monthly account statement and transaction history pages as "ADR Custody Fee."
3You can buy and sell the exchange-traded funds (ETFs) available through the E*TRADE Securities commission-free ETF program without paying brokerage commissions. For margin customers, the ETFs purchased through the program are not margin eligible for 30 days from the purchase date. To discourage short-term trading, E*TRADE Securities may charge a short-term trading fee on sales of participating ETFs held less than 30 days.
Paper Statement Fee
You will be charged a $2.00 handling fee for each E*TRADE 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)
Retirement & custodial accounts
Global Trading accounts
Other relationships with E*TRADE Financial
Stock plan accounts for current employees of current E*TRADE Financial Corporate Services clients
Minimum Balance
Customers with a combined value of $10,000 in cash and securities in linked E*TRADE Securities accounts
Customers with a combined balance of $20,000 or more in linked E*TRADE Securities and E*TRADE Bank accounts
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 E*TRADE Securities and E*TRADE Bank accounts or who make at least 30 stock or options trades per quarter.)
Stop Payment Requests
IRA Premature Distributions
Stock Certificate Requests
$75 per certificate
Foreign Stock Certificate Requests
$250 per certificate
Wire Transfers
$0 incoming$25 outgoing
Duplicate Account Statements or Tax Forms
$5 per statement or for free