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.
- 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.
| 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 | 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 | |
|---|---|
| US stock | Free stock and ETF trading |
You can compare E*TRADE stock and ETF fees with the two closest 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 | |
|---|---|
| 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 | Charles Schwab | Fidelity | |
|---|---|---|---|
| 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 | |
|---|---|
| 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 | 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 | |
|---|---|
| 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 | 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 | |
|---|---|
| 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 | Charles Schwab | Fidelity | |
|---|---|---|---|
| US micro e-mini stock index futures | $15.0 | $22.5 | - |
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 | 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.
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