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E*TRADE commission and other fees

Your expert
Adam N.
Fact checked by
Updated
Jan 2024
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Overview of E*TRADE fees and charges

We know that fees are on top of people's mind when selecting a broker. Brokerage fees consist of trading and non-trading fees. The most important trading fees are commission, spread, and financing rate.

  • Commission: it's charged when you execute a trade (either buy or sell). Commissions can be volume-tiered or flat fees. Nowadays, there are many commission-free brokers, click on the following links to check out the best free stockbrokers in the US and the EU.
  • it denotes the difference between the bid and ask price. When you trade forex, spreads can make up a significant part of your trading costs.
  • Financing rate/overnight costs: if you trade on leverage, you may be charged for holding your positions overnight. This cost can be expressed as a percentage or in swap points.
  • Non-trading fees: these occur when you deposit and withdraw funds, or if you don't use your account for a certain period.

Now, let's dive into the details and see what commissions, spreads, and financing rates E*TRADE charges.

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E*TRADE commission and other trading fees

The good news is that E*TRADE has low trading fees in general. We ranked the fees of E*TRADE as low, average, or high based on how they compare with all reviewed brokers.

Check out this table to get an overview of whether E*TRADE commissions, spreads, and financing rates for each asset class are low/average/high.

Classification of E*TRADE commission and other trading fees
Stock and ETF
Low Low Low
Forex
- - -
Fund
High High High
Bond
Low Low Low
Options
Low Low Low
Futures
Average High -

Now let's go over the trading fees for each asset class one by one.

E*TRADE stock and ETF commissions, spreads

E*TRADE stock and ETF commissions are low. E*TRADE stock and ETF commissions are charged as per the table below.

E*TRADE stock and ETF commission
US stock
Free stock and ETF trading

You can compare E*TRADE stock and ETF fees with the two closest competitors.

E*TRADE stock and ETF commission, spreads vs competitors
US stock
$0.0
$0.0
$0.0

Stock and ETF commissions are calculated for a $2,000 trade

E*TRADE fund commissions

E*TRADE fund commissions are high. The table below shows how E*TRADE fund commissions are calculated.

E*TRADE fund commissions
Mutual fund
$19.99 per trade; ca. 4,500 free mutual funds

Check out how E*TRADE fund fees compare with the competition.

E*TRADE fund commissions
Mutual fund
$20.0
$25.0
$37.5

Fund commissions are calculated for a $2,000 trade

E*TRADE bond commissions

E*TRADE bond commissions are low. The table below contains the description of E*TRADE bond commissions.

E*TRADE bond commissions
US Treasury bond
$0 for Treasury bonds, other bonds secondary transaction fee: $1/bond, min $10, max $250.

See how E*TRADE bond fees stack up against the competition.

E*TRADE bond commissions vs competitors
US Treasury bond
$0.0
$0.0
$0.0

Bond commissions are calculated for a $10,000 trade

E*TRADE options commissions

You can see below the description of E*TRADE options commissions. E*TRADE options fees are low.

E*TRADE options commissions
US stock index options
$0.65 fee per contract; $0.50 with 30+ trades per quarter
US stock options
$0.65 fee per contract; $0.50 with 30+ trades per quarter

Compare options commissions charged by E*TRADE with those of Charles Schwab and Fidelity.

E*TRADE options commissions vs competitors
US stock index options
$6.5
$6.5
$6.5
US stock options
$6.5
$6.5
$6.5

Options commissions are calculated for 10 contracts

E*TRADE futures commissions

You can see below how E*TRADE futures commissions are charged. E*TRADE futures fees are average.

E*TRADE futures commissions
US micro e-mini stock index futures
$1.50 fee per contract

Compare how the futures commissions of E*TRADE stack up against those of Charles Schwab and Fidelity.

E*TRADE futures commissions vs competitors
US micro e-mini stock index futures
$15.0
$22.5
-

Futures commissions are calculated for 10 contracts

E*TRADE non-trading fees

In addition to trading fees, it's important to see if E*TRADE charges a fee on deposits, withdrawals, account maintenance, and inactivity. We compared these fees levied by E*TRADE with its two closest competitors.

E*TRADE non-trading fees vs competitors
Deposit fee
$0
$0
$0
Withdrawal fee
$0
$0
$0
Account fee
No
No
No
Inactivity fee
No
No
No

CFD fees are calculated for a $2,000 trade using 20:1 leverage for stock index CFDs, and 5:1 leverage for stock CFDs

Bottom line

Hopefully, by now you have a clear picture of the commissions, spreads, financing rates, and non-trading fees charged by E*TRADE and its closest competitors. To learn more about E*TRADE, check out this detailed review. If you would like more information about fees in general, read this article about brokerage fees.

If you're not sure which broker to choose, get a personal recommendation from our broker recommendation algorithm or compare brokers with our broker comparison table.

Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.

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Author of this article

Adam Nasli

Financial Wizard | Trading • Safety • Market Analysis

I bring extensive financial expertise as one of BrokerChooser's earliest team members. Personally, I tested nearly all 100+ brokers on our site, opening real-money accounts, executing trades, assessing customer services, and providing firsthand assessment. My professional background includes roles in the banking sector and a degree from Central European University, where I teach finance. My passions lies in in-depth research of the financial industry, building trading algorithms, and managing long-term investments.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

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