All brokers › E*TRADE
E*TRADE fees: the fine print
Broker · 6 of 8 facts found on official pages · every fact quoted and dated.
Full ACATS transfer-out fee
$75
"Account transfers (outgoing) … $75 for full transfers"
Partial transfer-out fee
Not published
Schedule only states the full-transfer fee.
Reverse split / mandatory reorg fee
$38
"$38 … for mandatory actions (e.g., mergers, reverse stock splits)"
'The reorganization charge will be fully rebated for certain customers based on account type.'
Fractional shares after a reverse split
Not published
We haven't found this on an official page yet.
Voluntary reorg / odd-lot tender fee
$38
"$38 … for voluntary actions (e.g., tender offers)"
Rebated for certain account types.
DRIP (auto dividend reinvestment)
Yes
"you can choose to automatically reinvest it with the Dividend Reinvestment Program (DRIP) to buy more of that same investment."
Fractional share trading
Yes
"Yes, E*TRADE now offers fractional shares in listed Reg-NMS securities"
Up to 3 decimal places on eligible stocks and ETFs.
Rate on uninvested cash
0.01% APY
"Bank Deposit Program … $0 … $4,999 … 0.01%"
0.01% for balances up to $499,999; 0.05% at $500k–$999,999; 0.15% at $1M+.
Questions
How much does E*TRADE charge to transfer an account out?
$75 for a full outgoing transfer, per its official fee page.
Does E*TRADE charge a fee for reverse splits or mandatory reorganizations?
$38. 'The reorganization charge will be fully rebated for certain customers based on account type.'
What does E*TRADE charge for tender offers and other voluntary corporate actions?
$38. Rebated for certain account types.