How much etrade cost

Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items for example, checks. If a minimum average balance is required to avoid a fee, the average balance is calculated by adding the principal in the account for each day of the period, and dividing that figure by the number of days in that period.

On tiered-rate accounts, we apply the interest rate for the balance tier of your end-of-day balance against the entire balance of your account.

Different rates may apply to different tiers. This schedule will assist you in comparing the terms of our deposit products. They are part of our Account Agreement with you.

Your interest rate and annual percentage yield APY may change at any time. Please visit etrade. As of. Rates are subject to change daily and fees may reduce earnings. We work to keep our service fees low and our yields competitive. The numbers you need to know are all here. Take a look, and discover the benefits of banking with us. Open an account. Our writers and editors combine to have more than 70 years of deep experience in finance, ranging from a former Wall Street Journal reporter to a former senior financial advisor at Merrill Lynch.

While NerdWallet does have partnerships with many of the reviewed providers, we manage potential conflicts of interest by maintaining a wall between our content and business operations. This wall is designed to prevent our writers and the review process from being influenced or impacted by our business partnerships. This way, all reviews can provide an unbiased review that serves the interests of our users. For U. You'll select an account type — taxable or retirement, such as an IRA — and fill out some personal information, including your name, contact information and select financial details.

Once the account is approved, you can fund it by transferring money from your existing investment or bank account. Keep in mind that depositing money into your account does not mean you're invested; once your account is funded, you'll need to select investments. These days, most online brokers make money not through commissions or account fees, but by earning interest on uninvested cash in brokerage accounts, charging interest on margin loans and selling client investment orders to market makers.

We also look closely at a provider's mutual fund offerings, as mutual funds tend to be popular investment choices for beginners. The broker also offers in-person events at local branches. Our Take 4. The scoring formula for online brokers and robo-advisors takes into account over 15 factors, including account fees and minimums, investment choices, customer support and mobile app capabilities.

Jump to: Full Review. Learn More. Large investment selection. Excellent customer support. Access to extensive research. Advanced mobile app. Commission-free stock, options and ETF trades. Cons Website can be difficult to navigate. Compare to Similar Brokers. Sign up now. Frequent traders. Beginner investors. Research and data. Retirement planning assistance.

Account minimum. Stock trading costs. Options trades. ET , plus applicable commission and fees. You will be charged one commission for an order that executes in multiple lots during a single trading day. Orders that execute over more than one trading day, or orders that are changed, may be subject to an additional commission.

The fund's prospectus contains its investment objectives, risks, charges, expenses, and other important information and should be read and considered carefully before investing. For a current prospectus, visit www. When acting as principal, we will add a markup to any purchase, and subtract a markdown from every sale. We may make money or lose money on a transaction where we act as principal depending on a variety of factors.

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. Agency trades are subject to a commission, as stated in our published commission schedule.

Includes agency bonds, corporate bonds, municipal bonds, brokered CDs, pass-throughs, CMOs, asset-backed securities. The markup or markdown will be included in the price quoted to you and will vary depending on the characteristics of the particular security or CD.

All fees and expenses as described in the fund's prospectus still apply. Please read the fund's prospectus carefully before investing. Margin trading involves risks and is not suitable for all investors. Rates are subject to change without notice. Trading on margin involves risk, including the possible loss of more money than you have deposited. For more information, please read the risks of trading on margin at www. Base rates are subject to change without prior notice.