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.

E*TRADE commission and other fees
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
E*TRADE Charles Schwab Fidelity
Stock and ETF Low Low Low
Forex - - -
Fund High High High
Bond Low Low Low
Options Low Low Low
Futures Average Average -

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
E*TRADE
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
E*TRADE Charles Schwab Fidelity
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
E*TRADE
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
E*TRADE Charles Schwab Fidelity
Mutual fund $20.0 $24.8 $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
E*TRADE
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
E*TRADE Charles Schwab Fidelity
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
E*TRADE
US stock index options $0.65 fee per contract; 50¢ with 30+ trades per quarter
US stock options $0.65 fee per contract; 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
E*TRADE Charles Schwab Fidelity
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
E*TRADE
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
E*TRADE Charles Schwab Fidelity
US micro e-mini stock index futures $15.0 $15.0 -

Futures commissions are calculated for 10 contracts

E*TRADE commission and other fees
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
E*TRADE Charles Schwab Fidelity
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

E*TRADE commission and other fees
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.

Author of this article

Ádám Nasli

Author of this article

Ádám is a motivated finance expert with over two years of experience in banking and investment, and a professional degree in this field. He's eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible.

Ádám Nasli

Broker Expert

Ádám is a motivated finance expert with over two years of experience in banking and investment, and a professional degree in this field. He's eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible.

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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