Etrade login with vip access8/27/2023 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%.Į*TRADE margin rates are high. It applies a base rate plus a premium/discount depending on the financed amount. E*TRADE annual margin ratesĮ*TRADE's margin rate is volume-tiered. On this borrowed money/stock, you have to pay interest. It can be a significant proportion of your trading costs. This basically means that you borrow money or stocks from your broker to trade. The margin rate is charged when you trade on margin. If you prefer stock trading on margin, check out E*TRADE's margin rates. The broker charges a $6.95 commission for trading OTC stocks the commission is $4.95 for clients who make at least 30 stock, ETF or option trades a quarter. E*TRADE stock and ETF commission for a $2,000 trade This is part of an industry-wide trend that's taken hold among many US brokers since 2019. Stock and ETF trades are commission-free, which is superb. Let's see a breakdown of the various asset classes. E*TRADE trading feesĮ*TRADE's trading fees are low. To have a clear overview of E*TRADE, let's start with the trading fees. See a more detailed rundown of E*TRADE alternatives. This selection is based on objective factors such as products offered, client profile, fee structure, etc. We also compared E*TRADE's fees with those of two similar brokers we selected, Charles Schwab and Fidelity. For example, in the case of stock investing the most important fees are commissions. In the sections below, you will find the most relevant fees of E*TRADE for each asset class. Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees.These can be commissions, spreads, financing rates and conversion fees. What you need to keep an eye on are trading fees and non-trading fees. We ranked E*TRADE's fee levels as low, average or high based on how they compare to those of all reviewed brokers.įirst, let's go over some basic terms related to broker fees.
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