E*TRADE is an established broker in the United States, and if you plan to open an account in E*TRADE for trading stocks, you need to know about the broker’s commission (ie., the trading fee).
So what is the latest transaction fee for E*TRADE? According to the latest information on E*TRADE official website, at present, for each trade, the broker will charge 6.95 U.S. dollars. However, the $6.95 charge is for users who are not very active in trading. According to E*TRADE, if the number of trades per quarter is less than 30, then the charge will be $6.95.
However, If you trade more than 30 times per quarter, you can enjoy a more favorable Commission: $4.95 per trade. Compared to the emerging Chinese Internet stockbrokers, such as Tiger, snow, this fee is not cheap. However, after all, E*TRADE is one of the top stockbrokers in the United States, which says a lot about the broker. E*Trade offers easy to use functions, a wide range of investment tools, and their customer service is of high quality.
In addition, E*TRADE offers commission-free trading of up to 250 ETFs, which is also quite attractive.
Reference Links:
Https://us.etrade.com/what-we-offer/pricing-and-rates