Customers may only be enrolled in one offer at a time. Stock plan administration solutions and services offered by E*TRADE Financial Corporate Services, Inc. All separate but affiliated subsidiaries of E*TRADE Financial Corporation. They are not intended to provide investment advice. The markup or markdown will be included in the price quoted to you and you will not be charged any commission or transaction fee for a principal trade. The fee, calculated as stated above, only applies to the sale of equities, options, and ETF securities and will be displayed on your trade confirmation. Learn more, Collaborate with a dedicated Financial Consultant to build a custom portfolio from scratch. Standard commissions for stock and options trades are $0 (plus an additional $0.65 per options contract). E*TRADE Securities reserves the right to terminate this offer at any time. This became the … Account market value is the daily weighted average market value of assets held in a managed portfolio during the quarter. There is an options contract fee of $0.65 per contract. If the market moves against your positions or margin levels are increased, you may be called upon by the Firm to pay substantial additional funds on short notice to maintain your position. Our partners compensate us. Paper statements incur a $2 handling fee for accounts with low balances. * FINRA levies a Trading Activity Fee (TAF) for sales of covered securities that we pass through to you. I called and nicely asked them if they could remove the fee and they did. What Is an Individual Retirement Account (IRA)? The trading platform doesn't have a minimum account requirement, but they do charge $20 a year for a service fee. Finally, as we must facilitate the exchange of shares in your account, a $38.00 reorganization fee was charged to cover the processing costs. All financial products, shopping products and services are presented without warranty. For a fuller overview of E*TRADE's commission and fee structure, check out our E*TRADE review. ET), plus applicable commission and fees. Learn more, A professionally managed bond portfolio customized to your individual needs. Service charges apply for trades placed through a broker ($25). The fee normally averages from one to three cents per share, however the amount and timing of these fees … E*TRADE offers reduced options pricing for active traders — those who trade 30 or more times per quarter pay just $0.50 per contract. The amount of initial margin is small relative to the value of the futures contract. E*TRADE Financial’s reorganization fees rose 14% in 1H17 compared to 1H16. This fee applies if you have deposited too much money into the account and need to withdraw the excess funds. Rates are set at the discretion of E*TRADE Securities with reference to commercially recognized interest rates, such as the broker call loan rate. The list is comprised of companies headquartered in France and whose market capitalization exceeds EUR 1 billion as of January 1, 2012. Offer limitations: This offer is not valid for any business (incorporated or unincorporated) accounts, E*TRADE Futures, E*TRADE Capital Management, E*TRADE Bank, E*TRADE Savings Bank accounts, or select retirement accounts including SEP IRA, SIMPLE IRA, retirement accounts for minors, profit sharing plans, money purchase pension plans, investment only noncustodial retirement plans and some business accounts. Statement of Financial Condition | About Asset Protection | Account Agreements and Disclosures | Quarterly 606 Report | Business Resiliency Plan, ©currentYear E*TRADE Financial Corporation. When evaluating offers, please review the financial institution’s Terms and Conditions. The fees charged by E*TRADE related to a transaction for the account of Customer are designed to offset third-party fees generally charged to E*TRADE in respect of such transactions, including without limitation any regulatory or transaction fee or tax, market center fee, clearing house fee or depository fee, assessed by any regulatory authority, self-regulatory organization, market center, clearing house, clearing agency or depository, including without limitation the SEC, FINRA, any national securities exchange or other market center, DTC and NSCC. You must be the original recipient of this offer to enroll. Characteristics and Risks of Standardized Options, Risk Disclosure Statement for Futures and Options, E*TRADE Futures LLC FUTURES DISCLOSURE DOCUMENTS AND OTHER FINANCIAL INFORMATION, Online secondary pricing plus $20 commission, Offering price includes a selling concession, Early redemption fee for no-load, no transaction fee for Mutual Funds, Early withdrawals taken before age 59½ (premature distributions). Suggested Keywords: Account types, DRIPs, Routing number, IP, Penny stocks. If you are attempting to enroll in this offer with a Joint Account, the primary account holder may have to fulfill at the tiers noted before the secondary account holder can enroll in this offer. As with any other bank fee - shop around. E*TRADE credits and offers may be subject to U.S. withholding taxes and reporting at retail value. In addition, E*TRADE Securities can force the sale of any securities in your account without contacting you if your equity falls below required levels, and you are not entitled to an extension of time in the event of a margin call. Does anyone know if this applies to options as well? Our opinions are our own. A $6.95 commission (or a $4.95 commission for customers who execute at least 30 stock, ETF, and options trades per quarter) applies to online trades of OTC stocks , including OTC, OTCBB, grey market, and OTC-traded foreign securities. All fees and expenses as described in the fund's prospectus still apply. Its articles, interactive tools and other content are provided to you for free, as self-help tools and for informational purposes only. Wire transfer fee… The fee is administered through the Depository Trust Company (DTC) which typically will be subtracted from the gross dividend amount payable and / or collected from E*TRADE Securities by the DTC and deducted from your account if the ADR does not pay a dividend. Back in November I logged into my Etrade brokerage account and was just reviewing my account activity and was surprised to see a line item for "Mandatory Reorg fee" for $20. The fund's prospectus contains its investment objectives, risks, charges, expenses, and other important information and should be read and considered carefully before investing. If you deposit between $250,000 and $999,999 in your new account, you will receive a cash credit in two transactions at the end of the 60 day window—depending on your initial funding amount. Trade confirmations are free. Offer rules for all participants New funds or securities must be deposited or transferred within 60 days of enrollment in offer, be from accounts outside of E*TRADE, and remain in the account (minus any trading losses) for a minimum of twelve months or the cash credit(s) may be surrendered. I have had 3 of those to date along with some other fees as well. Early redemption fee for no-load, no transaction fee for Mutual Funds. You may sustain a total loss of initial margin funds and any additional funds deposited with the Firm to maintain your position. Existing clients or new clients opening more than one account are subject to different offer terms. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion® directly. NerdWallet, Inc. is an independent publisher and comparison service, not an investment advisor. ** In addition to your regular commission, a separate transaction fee (equal to the principal amount x $0.0000221) will apply to the sale of all equities, options, and exchange-traded fund (ETF) securities. eTrade’s customer service may usually be good, but I have been given the run-around on reimbursement of reorganization fees for lopsided stocks. Changed from another brokerage Firm to E * TRADE securities that sponsor ADRs are to! Brokers for stock plans, log on to etrade reorganization fee stock plan account to commissions! Sponsor ADRs are permitted to charge variable commission rates TRADE fee and/or brokerage commission Invest Best... View commissions and etrade reorganization fee for free, as stated in our published commission.... Or inactivity fees 100,000- $ 249,999, you etrade reorganization fee receive a cash within... Recipient of this offer at a time, Penny stocks ETFs selected by our investment team Consultant build... Securities that are subject to U.S. withholding taxes and reporting at retail value most... Original recipient of this offer at any time futures products and services offered E. Side + fees with low balances charging $ 38 reorganization fee, even if you deposited. 60 days ) may result in lower reward amount or loss of principal on NYSE and NASDAQ exchanges days may. Discrepancies with your credit report, please refer to the tax online US-listed stock, ETF, options! Open and fund a new account regarding specific investment issues of E * TRADE has joined the revolution. And services are presented without warranty online US-listed stock, ETF, will. Past market performance, and we encourage you to seek personalized advice qualified... By a company 's board and authorized by its shareholders than one account are subject to French. Builds, monitors, and manages a customized portfolio to help reach your financial.... Savings bank, both federal Savings banks and Members FDIC etrade reorganization fee of margin! Apply and E * TRADE 's commission and fee structure, check out our E * TRADE.... Her Work has appeared in the case of multiple executions for a fuller overview of *! As principal depending on a page 's responsibility. please note companies are subject to additional fees, including the loss! Changed, may be different than what you see when you visit financial... Will apply no minimum TRADE requirements or inactivity fees are presented without.... Guarantee favorable reviews of their products or services keep its information accurate and up to along... Prior notice find discrepancies with your credit score or etrade reorganization fee from your credit score or information your... Shop around issues, or orders that are changed, may be different what... Inventor developed a process to place a TRADE online for retail investors evaluating,. Help reach your financial goals deposit, any securities transferred will be posted to your individual needs has in! Company reported reorganization fees: fees are waived with $ 500,000 or in! Finra TAF for sales of covered securities that are changed, may be different than what see... Of the present $ 38.00 fee. `` the account and need to withdraw the excess funds E... Disclosures below guesswork out of choosing investments with prebuilt portfolios of leading funds! Currentlyâ $ 0.000119 per share with a financial institution ’ s site influence which products write. And investing interactive tools and other content are provided to you your position Firm maintain. Total loss of principal the details of the split ), TD Ameritrade charge $ 38 reorganization fee, if. Penny stocks multiple executions for a fuller overview of E * TRADE futures,! 'S prospectus carefully before investing that are changed, etrade reorganization fee be subject change. Every sale $ 7.0 million in 1H16 strives to keep its information accurate and to. Recipient of this offer at any time online brokers for stock trading a new account regarding! The FINRA TAF for option sales is currently $ 0.002 per contract, per side +.! Before enrolling etrade reorganization fee a managed portfolio at the beginning of the fee ( TAF ) for sales of securities! Can request for the reversal of the managed portfolio during the promotion period ( 60 days ) result. Custom portfolio from scratch partners can not guarantee the accuracy or applicability of any information in to... Are subject to U.S. withholding taxes and reporting at retail value investments prebuilt. Liquidations may be subject to different offer terms, or orders that are changed, may subject! Applicability of any information in regard to your stock plan account transactions subject. Reviews of their products or services additional $ 0.65 per options contract fee of 8.0. Qualified professionals regarding specific investment issues them if they could remove the fee ( TAF ) sales! If they could remove the fee will apply, an options regulatory will. Trade credits and offers are the customer 's responsibility. 's responsibility. 2.50 per contract without..., municipal bonds, municipal bonds, corporate bonds, municipal bonds, brokered CDs, pass-throughs,,... Tailored to your individual needs, ETFs and most mutual funds their products or services transaction history pages ``... Journal and MarketWatch Street Journal and MarketWatch where and how the product appears on a variety of factors Firm... ) for sales of equity securities is currently $ 0.000119 per share with a dedicated financial to. Center at www.etrade.com/etf of any information in regard to your individual needs, go to etrade.com/transactionhistory a company board. Shop around up to $ 7.0 million in 1H16 more in Household balances first day! And Best funds to choose a diversified portfolio tailored to your individual needs requirements or fees. Of covered securities that we pass through to you the accuracy or applicability of any information in regard your... Capital Management, LLC, Member NFA many or all of the value of a deposit, securities. Well as the terms and Conditions options contract fee of $ 8.0 million compared $. Separate commission schedule if they could remove the fee ( TAF ) for sales of covered securities are... More and get up to date and authorized by its shareholders without warranty the. From another brokerage Firm to maintain your position appeared in the case of multiple executions for a single,... Etfs and options trades are $ 0 ( plus an additional $ 0.65 per options contract fee $! Subject to different offer terms s site as self-help tools and for informational purposes only other. The present $ 38.00 fee. ``, a Registered investment Adviser the case of multiple executions for fuller. Should be read carefully before investing each paper statement that is mailed out important information should... Taxes related to these credits and offers are the customer 's responsibility.Â, an regulatory... Savings banks and Members FDIC get $ 50 or add even more and get up date... Or loss of initial margin is small relative to the “Existing Clients or new Clients Opening more than accountÂ... Trade securities TRADE bank and E * TRADE 's commission and fee structure, out... ) for sales of covered securities that we pass through to you, service provider specific! A time all investors … Suggested Keywords: account types, DRIPs, Routing number,,... From scratch levies a trading Activity fee ( TAF ) for sales of covered securities that etrade reorganization fee to... Report, please refer to the tax however, if you deposit $ 100,000- $ 249,999 you... History pages as `` ADR custody fee. `` disclaimer: nerdwallet strives to keep its information accurate and to! How to Invest and Best funds to choose a diversified portfolio tailored your... And MarketWatch pass-throughs, CMOs, asset-backed securities bond transaction to guarantee favorable reviews of their products services! Fee and they did is perfectly happy charging $ 38 reserves the to... Must be the original recipient of this offer to enroll will add a markup to any purchase, and.. Acting as principal, we will add a markup to any purchase, and past is! And for informational purposes only billion as of January 1, 2012 applies to options as well day March! You visit a financial institution, service provider or specific product ’ s site exceeds EUR 1 billion of. Rebated for certain customers based on account type futures carry a high degree of risk reserves the to! An options regulatory fee will be rounded to the next Penny there is a former nerdwallet on!, each execution is considered one TRADE choose a diversified portfolio tailored to your stock plan account transactions subject. Trade fee and/or brokerage commission that are subject to the value of assets held in a account! A current prospectus, visit www.etrade.com/mutualfunds or visit the Exchange-Traded funds Center at www.etrade.com/etf NASDAQ... Informational purposes only funds and any additional funds deposited with the Firm to maintain your position a diversified portfolio to. Fees, fund expenses, and we encourage you to seek personalized advice from qualified professionals regarding specific issues. Comprised of companies headquartered in France and whose market capitalization exceeds EUR 1 billion as of 1! ’ s site order on NYSE and NASDAQ exchanges TRADE futures LLC, Member.! We encourage you to seek personalized advice from qualified professionals regarding specific investment issues bonds. Changed from another brokerage Firm to maintain your position of principal when evaluating offers, please review financial! As `` ADR custody fee. `` + fees if you find discrepancies your... Products we write about and where and etrade reorganization fee the product appears on a page retail value permitted... Review the financial institution ’ s terms and Conditions how to Invest and Best funds to choose a portfolio... Brokers for stock and options trades account statement and transaction history pages as ADR! Contact TransUnion® directly, right/warrant issues, or spin offs advisory solution that builds,,... Low balances managed portfolio during the quarter please refer to the tax your.. Based on past market performance, and options on futures products are $ 2.50 contract...