Overview of E*TRADE fees and charges

It's safe to say that E*TRADE's fees are low in general. They either don't charge a brokerage fee for things other brokers do charge for, or they only charge a small amount. This means that you can use E*TRADE even in case you trade frequently like multiple times a week or daily.

Here's a high level overview of E*TRADE's fees

E*TRADE Fees snapshot
Assets Fee level Fee terms
US stock fee Low Free stock and ETF trading
EURUSD fee - Not available
US tech fund fee High $19.99 per trade; ca. 4,500 free mutual funds
Inactivity fee Low No inactivity fee

E*TRADE fees
E*TRADE fees explained

We compare E*TRADE fees with its closest competitors, Charles Schwab and Fidelity.

E*TRADE fees
E*TRADE trading fees

E*TRADE's trading fees are low which makes it suitable for you even if you trade often (i.e. multiple times a week).

Let's break down the trading fees into the different asset classes available at E*TRADE.

Trading fees

E*TRADE's trading fees are low.

Stock fees and ETF fees

E*TRADE has low stock trading fees.

Stock fees of a $2,000 trade
E*TRADE Charles Schwab Fidelity
US stock $0.0 $0.0 $0.0
UK stock - - $10.2
German stock - - $18.8

Fund fees

E*TRADE fund fees are high.

A $2,000 fund buy fees
E*TRADE Charles Schwab Fidelity
Mutual fund $20.0 $24.8 $37.5
EU mutual fund - - -

Bond fees

E*TRADE has low bond fees.

Bond fees of a $10,000 trade
E*TRADE Charles Schwab Fidelity
US Treasury bond $0.0 $0.0 $0.0
EU government bond - - -

Options fees

E*TRADE's options fees are low.

Stock index options fees of 10 contracts
E*TRADE Charles Schwab Fidelity
US stock index options $6.5 $6.5 $6.5
UK stock index options - - -
German stock index options - - -

Futures fees

E*TRADE's futures fees are average.

Stock index futures fee of 10 contracts
E*TRADE Charles Schwab Fidelity
US micro e-mini stock index futures $15.0 $22.5 -
UK stock index futures - - -
German e-mini stock index futures - - -

Financing rates

E*TRADE financing rates are .

If you want to trade on margin and prefer to hold your positions long, financing costs can be significant.

E*TRADE yearly financing rates
E*TRADE Charles Schwab Fidelity
Apple CFD financing rate - - -
Vodafone CFD financing rate - - -
EURUSD financing rate - - -
EURGBP financing rate - - -

Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading foreign exchange/CFDs with any level of leverage may not be suitable for all investors.

E*TRADE fees
E*TRADE non-trading fees

When it comes to looking at all the non-trading fees E*TRADE is a cheap broker. This means that they don't charge you a lot for non-trading related activities on your trading account, like withdrawal fee.

Non-trading fees include various brokerage fees and charges at E*TRADE that you pay not related to buying and selling assets. Among some others, typical non trading fees are withdrawal fee, deposit fee, inactivity fee and account fee.

A high level overview of how E*TRADE stacks up in non-trading fees
E*TRADE Charles Schwab Fidelity
Withdrawal fee $0 $0 $0
Deposit fee $0 $0 $0
Inactivity fee No No No
Account fee No No No

E*TRADE fees
E*TRADE deposit fee

Deposit fees are applied when you send money to your trading account from your bank account. Usually brokers don't charge money for that and E*TRADE is not different: you will see the exact same amount on your brokerage account that you sent by any of the deposit methods E*TRADE offers.

E*TRADE deposit methods
E*TRADE Charles Schwab Fidelity
Bank transfer Yes Yes Yes
Credit/debit card No No No
Electronic wallets No No Yes
Deposit fee $0 $0 $0

E*TRADE fees
E*TRADE withdrawal fee

Unlike some online brokers we have reviewed E*TRADE does not charge a withdrawal fee. This means that you'll see the same amount of money on your bank account that you transferred from your brokerage account.

E*TRADE withdrawal fees and options compared
E*TRADE Charles Schwab Fidelity
Bank transfer Yes Yes Yes
Credit/debit card No No No
Electronic wallets No No Yes
Withdrawal fee with bank transfer $0 $0 $0

E*TRADE fees
E*TRADE inactivity fee

E*TRADE does not apply an inactivity fee which is great because your account will not be charged even if you do not trade for a longer time period (months or years).

Author of this article

Ádám Nasli

Author of this article

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo-trading, programming and trading.

Ádám Nasli

Analyst head

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo-trading, programming and trading.

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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