Etrade Fees Schedule, IRA and Brokerage Account Commissions Cost


Etrade fees schedule, commissions, broker stock trading cost, charges, online investing account pricing, mutual fund and IRA fees.

Etrade Fees Structure and Investment Products


Pricing 30+ Trades/QTR 0-29 Trades/QTR

Stock & Options Trades

$4.95

$6.95

Simple Options (options contract fee per contract)

$4.95 plus $0.50

$6.95 plus $0.75

Options Contract Fee

$0.50

$0.75



Complex Options


Pricing 30+ Trades/QTR 0-29 Trades/QTR

Options/Options
(options contract fee per contract in all legs)

$4.95 plus $0.50

$6.95 plus $0.75

Stock/Options
(options contract/contract)

$4.95 plus $0.50

$6.95 plus $0.75

Options
Exercise/Assignments

$19.99

1For options orders, an options regulatory fee will apply (depending on what exchange the order executed on).




Etrade Exchange Traded Funds (ETFs)*


Pricing 30+ Trades/QTR 0-29 Trades/QTR

ETFs

$4.95

$6.95

Commission-Free ETFs

$0

$0



Etrade Mutual Funds


No-load, no-transaction fee funds4

$0

Transaction-fee funds

$19.99

Load funds

See prospectus for amount of load

Broker-assisted trades

$25 plus the applicable commission



Etrade IRA Fees


Fee Amount
Etrade IRA setup fee $0
Etrade annual IRA fee $0
Etrade IRA termination fee $0
Etrade account maintenance fee $0
Etrade account inactivity fee $0
Etrade outbound full account transfer (ACAT) fee $60
Etrade outbound partial account transfer fee $25



Etrade Other IRA Fees


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.

$25

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.

$25



Etrade Margin Rates


Debit Balance Margin Rate
above $1,000,000 6.25%
$500,000 - $999,999.99 7.25%
$250,000 - $499,999.99 7.75%
$100,000 - $249,999.99 8.25%
$50,000 - $99,999.99 8.75%
$25,000 - $49,999.99 9.25%
$10,000 - $24,999.99 9.50%
$0 - $9,999.99 9.75%



Etrade Bonds Fees


US Treasury Auction

$0

US Treasury Secondary Trades Online

$0

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



Etrade Futures Fees


Futures Contract Commission

$1.50 per contract, per side + fees*

*In addition to the $1.50 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.

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Etrade Other Fees


Check Returned for Non-sufficient Funds

$25
$30 for second occurrence
$40 for third occurrence

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

$38 for mandatory actions (e.g., mergers, reverse stock splits)
$38 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 30+ stock and options trades during quarter

$19.99 for customers with 0-29 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 4

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.

Forced Margin Liquidation

$25



Paper Statement Fee


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



Special Request Fees


Overnight Mail

$20

Account Transfers (outgoing)

$25 for partial transfers
$75 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

$25

IRA Premature Distributions

$25

Stock Certificate Requests

$500 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




Etrade Mutual Fund Commissions


Mutual funds that carry a transaction fee cost $19.99. This charge is assessed on each purchase, sale, and exchange. Etrade mutual fund commission is higher than some other brokers, including Ally Invest ($9.95). Placing a trade with a live broker over the phone costs an additional $25.



Etrade Mutual Fund Fees


A good selection of mutual funds are available to Etrade customers. The broker's screener generates more than 7,600 products that are available for purchase. More than 2,100 of these carry no load and no transaction fee. These 2,100 funds have a 90-day minimum hold period. If an NTF fund is sold in less than that time, the broker charges a $49.99 short-term redemption fee. This charge is designed to discourage short-term trading inside a fund, which increases costs. Keep in mind that Etrade's redemption fee is in addition to any redemption fee charged by the fund itself.

There are certain fund families that are exempt from Etrade's redemption fee. They are ProFunds, Rydex, and Direxion (although the family's commodity fund DXCTX is not exempt). Money market funds are also exempt.

Some mutual funds at Etrade have no minimum purchase amount, either in a regular brokerage account or an IRA. On the other end of the spectrum, some funds will require as much as $5,000,000. Many funds at Etrade have a $100 minimum purchase amount. Each individual mutual fund sets a minimum initial and subsequent purchase amount. Most of the funds at Etrade have a $0 subsequent minimum.

Sorting through the thousands of mutual funds available at Etrade is fairly simple using the broker's handy screener. Several criteria can be used to make finding products easier. These include Morningstar rating, fund category, and distribution yield. The screener also provides pre-defined searches, such as index funds and alternative investments.

Etrade gives its customers a list of All-Star Funds. These are mutual funds that are pre-selected by the company. They are all no-load, and most of them also carry no transaction fee. In order for a fund to appear on the list, it must have a minimum of three years of above average returns, compared to its peers. Etrade evaluates a fund's expense ratio, manager tenure, and performance and style consistency before adding it to the All-Star list. The broker also ensures the fund is structured using sensible investment theory and process, and has an acceptable level of investment risk that is managed wisely. The funds on the list can be sorted by several categories, including large cap domestic, fixed income, balanced, and international.


Etrade Incentive, Review and Website Link


Read full Etrade Review.

Etrade incentive: At E*TRADE, active traders get $4.95 trades + 50₵ per options contract.

Etrade fees are as of 2017 and are subject to change. For the most recent information on Etrade fees go to their website:


E*trade

Updated on 9/10/2017.

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