E*TRADE fees explained

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Overview of E*TRADE fees and charges

When trading or investing at an online broker, fees can have a big impact on your results, so it's good to know what kind of charges you'll be facing and how these compare to fees at other brokers.

If fees are your top concern, E*TRADE is a good choice, as it has low fees in general. Check our toplist for cheaper brokers.

I found E*TRADE's trading fees fairly low

Adam Nasli

Regulation • Fighting Scams • Market Analysis

I've personally tested dozens of global brokers, carefully looking at their fees not just on their website but also in the course of live trading. Here's how E*TRADE fared:

E*TRADE charges low fees for trading stocks and ETFs.
There is no inactivity fee even if you leave your account idle for a long time.
The basic withdrawal fee is $0, but some transactions may cost more.
Read our full review of E*TRADE for info on safety, trading platforms and funding.

E*TRADE fees at a glance
Assets	Fee level	Fee terms
US stock fee	Low	Free stock and ETF trading
EURUSD fee	-	FX not available
US tech fund fee	High	$0 ca. 4,500 free mutual funds
Inactivity fee	Low	No inactivity fee

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Commission-free stock and ETF trading

E*TRADE stock and ETF fees by market
	ETRADE ETRADE	Charles Schwab Charles Schwab	Fidelity Fidelity
US stock Estimated commission of a $2,000 trade, assuming a $50 stock price	$0.0 Free stock and ETF trading	$0.0 Free stock and ETF trading	$0.0 Free stock and ETF trading

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Stock Fee Calculator

Confused about fees? Use this tool to see what the commission fee of a specific stock trade would be at E*TRADE. To check and compare fees at other brokers, go to our main Fee calculator page.

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High margin rates

E*TRADE's margin rate is volume-tiered. It applies a base rate plus a premium/discount depending on the financed amount. The base rate is set at E*TRADE's discretion and may be readjusted from time to time; at the time of our review, the base rate was 11.45%.

E*TRADE annual margin rates
	ETRADE ETRADE	Charles Schwab Charles Schwab	Fidelity Fidelity
USD margin rate	14.2% Base rate + tiered markup. Markup under $10,000: +2.50%	13.6% Base rate + 1.825% for loan balance below $25.000	13.6% Base rate + tiered markup. Markup is +1.25% for balance of 0-25k.

Low options commission

E*TRADE charges a volume-based fee. The fee is $0.65 per contract for the first 30 trades per quarter and $0.50 per contract above that limit.

E*TRADE stock index options commission
	ETRADE ETRADE	Charles Schwab Charles Schwab	Fidelity Fidelity
US stock index options Estimated commission for 10 contracts	$6.5 $0.65 fee per contract; $0.50 with 30+ trades per quarter	$6.5 $0.65 per contract	$6.5 $0.65 fee per contract

No inactivity fee, no withdrawal fee

It charges no inactivity fee and no account fee.

E*TRADE inactivity, withdrawal and other fees
Broker	Inactivity fee	Withdrawal fee
E*TRADE		$0
Charles Schwab		$0
Fidelity		$0

Other commissions and fees

You can find E*TRADE's fees for other asset classes below. Click 'Show more' for details.

High mutual fund commission

The fee is $19.99 per trade. On the positive side, E*TRADE does not charge a commissionfor ca. 4,500 mutual funds.If you sell these no-transaction-fee funds within 90 days after the purchase, though, a $49.99 fee is charged.

Fees for a $2,000 fund purchase
	ETRADE ETRADE	Charles Schwab Charles Schwab	Fidelity Fidelity
Mutual fund Estimated commission of a $2,000 US domiciled fund trade	$0.0 $0 ca. 4,500 free mutual funds	$25.0 Standard fee of $49.95, but up to $74.95 for buying, while selling is free; there are also around 4,000 free mutual funds	$37.5 $49.95 or $75 for buying while selling is free; some 3,600 free mutual funds

Average futures fees

Futures fees are fixed at at $1.5 per contract, except for cryptocurrency futures, which cost $2.5 per contract.

Stock index futures fee for 10 contracts
	ETRADE ETRADE	Charles Schwab Charles Schwab	Fidelity Fidelity
US micro e-mini stock index futures Estimated commission for 10 contracts	$15.0 $1.50 fee per contract	$22.5 $2.25 per contract	- Not available

Low bond commission

Bond fees vary based on the bond type. We calculated the fees for US Treasury bonds.

Fees for a $10,000 bond trade
	ETRADE ETRADE	Charles Schwab Charles Schwab	Fidelity Fidelity
US Treasury bond Estimated commission of a $10,000 US treasury bond trade	$0.0 $0 for Treasury bonds, other bonds secondary transaction fee: $1/bond, min $10, max $250.	$0.0 $0 for Treasury bonds; $1 per bond for corporate bonds with $10 minimum and $250 maximum	$0.0 $0 for Treasury bonds, and $1 per bond with a $250 max for other bonds

Similarly to Charles Schwab and Fidelity, E*TRADE charges no commission for Treasury bonds. For other bonds, such as corporate bonds, the commission is $1 per bond; a $10 minimum and a $250 maximum apply.

Interest earned on uninvested cash

As of the time of the review, E*TRADE provides the following interest rates on uninvested cash:

0.2% for USD

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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.