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E-Trade Fees: Know What You’ll Pay

Oct. 8, 2019
Investing
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E-Trade is a popular online broker for a reason: The company offers several trade platforms, a wealth of research and educational tools, commission-free trades of stocks, exchange-traded funds and options, and a large selection of transaction-fee-free mutual funds.

» Check out our full E-Trade review

Key facts on E-Trade fees

  • E-Trade charges no commission for online trades of stocks, ETFs and options. There is an options contract fee of $0.65 per contract.
  • E-Trade offers reduced options pricing for active traders — those who trade 30 or more times per quarter pay just $0.50 per contract.
  • E-Trade’s trading platforms — E-Trade Web, Power E-Trade andtwo mobile apps — are free and available to all customers, with no trade activity or balance minimums.
  • There are no minimum trade requirements or inactivity fees.
  • The company’s account minimum is $500 for brokerage accounts and $0 for IRA accounts.

» Compare the top online brokers for stock trading

Here’s an overview of E-Trade’s commission and fee structure:

E-Trade Fees

ServiceFeeNotes
Commission for stocks and ETFs$0.
Mutual fundsTransaction fee: $19.99

Load funds: Load listed in prospectus
4,400+ no-transaction-fee mutual funds
Mutual fund short-term redemption fee$49.99Charged on redemptions or exchanges of no-load, no-transaction-fee funds held less than 90 days
OptionsNo base commission; $0.65 per contract. Active traders pay $0.50 per contract.

Futures$1.50 per contract, per side

Bitcoin futures: $2.50 per contract, per side
Plus exchange and regulatory fees
Margin rates7% to 10.50%
Broker-assisted trades$25/
Extended-hours trading$0.005 per share
Paper statements$2 (some accounts exempted from fee)Electronic statements are free
Outbound account transfer$75 full account; $25 partial accountNo partial transfer fee if remaining balance is greater than $5,000
Early withdrawal (before age 59-1/2) from retirement account$25
Removal of excess retirement-account contribution$25
Recharacterization of Roth IRA or traditional IRA contribution or conversion$25