why they charge a fee for that? But can it be added against the cost basis? Though i was safe buying stocks just to speculate, in a year I had over $300 in fees, after paying commissions. sales expense) and added to the cost basis? No load funds, Mutual Fund— Exclusions may apply and E*TRADE reserves the right to charge variable commission rates. ACB - Its a real crap stock at this point and my … Etrade Stock Trading Fees Comparison. Instead, you can add the amount of those fees to the purchase price of your stock. for a reverse split I hold a very small position of NGE, a fund that has been steadily declining in value. I understand that if I hold stocks during a reverse split in an etrade brokerage, I will he charged a reorganization fee. This charge is assessed on each purchase, sale, and exchange. $1 per bond (minimum $10, maximum $250) for online secondary market trades. Etrade Mutual Fund Commissions Mutual funds that carry a transaction fee cost $19.99. Etrade ACAT fee is $75 for a full account transfer and $25 for a partial account transfer (stock positions, mutual funds, ETF's). E*TRADE Promotions Easy to use online discount stock broker for long-term investors. - Your broker charges a mandatory reorganization fee when there is a reverse stock split or a mandatory cash merger. It's an easy way to compare the dividend amounts paid by different stocks… The purchase price plus the cost to acquire your stock equals your cost basis. Up to $3,500 cash bonus + $0 commission trades. E*TRADE's fees are now competitive since it joined the race to zero fees by major online brokers in Oct. 2019. eTrade’s customer service may usually be good, but I have been given the run-around on reimbursement of reorganization fees for lopsided stocks. Transaction fee funds. E*TRADE has a fairly straight forward commissions structure. There is an Options Regulatory Fee (from $0.03 to $0.05 per contract,) which applies to both option buy and … Get 4 FREE stocks valued up to $1,600 + $100 in ACAT reimbursement. Open an IRA, Mutual Fund— Press question mark to learn the rest of the keyboard shortcuts. E*TRADE charges $0 commission for online US-listed stock, ETF, and options trades. MANDATORY REORGANIZATION FEE Some of us over on the Disney board were charged the above fee. Copyright 2009-2020 ACM MEDIA LLC. Mandatory reorganizations, including stock splits, cost $38, a somewhat nauseating charge given that you have no control over the event. We like their expansive set … Disclaimer Etrade hidden fees … Dividend yield 1 is the annual return an investor receives in the form of dividend payments, expressed as a percentage of the stock's share price. from IRS) that stock reorganization fees can be treated like a stock trading fee (i.e. Fees vary from firm to firm—some fees are very steep, while others are fairly cheap. The E*Trade fees are explained below: Essential fees you should be aware of are; inactivity fees, custodial fees, statement fees, mutual fund/ETF commissions and the account transfer fees. Because money, presumably. A mandatory reorganization … Make sure to read the fine print and fees pages. I have no problem with that as I'm in … That’s a fee they can list that nobody shrugs at when they’re making a brokerage, because it’s not a super common event (particularly if you’re not investing in super cheap stocks). There doesn't seem to be anyway to get out of the fee. wait.. what? Is there any reputable guidance (e.g. It has a tiered commission structure emphasizing stock … Ive tried contacting TD Ameritrade directly about a $38 “mandatory reorganization fee” assessed to my account for a 12 for 1 reverse split on a stock I own. Etrade is perfectly happy charging $38 reorganization fee, even if you have only $1 of that stock. If I hold options but no stocks, will I be charged a reorganization fee … Ally Invest: $0 $9.95 $0 $0 Up to $3,500 cash bonus + $0 trades + transfer fee … Arcis Resources Corporation ARCS Stock Message Board: i saw a $20 reorganization fee on etrade.. Pros: If greed was a company, they would be great Cons: FEES, FEES, awful customer service, and FEES Everyone better hope they don't have a stock do any kind of split. it is not like we do that. Seems like some were charged, some weren't, regular and ira accounts. Does anyone know if this applies to options as well? Most were at Ameritrade. At a time when several businesses are offering waivers and consolations to their new and loyal customers, eTrade has been assessing fees … $50 capital call fee $75 liquidation fee: Reorganizations: $38 for mandatory actions (e.g., mergers, ... You will be charged a $2.00 handling fee for each … All charge less in commissions than full-service, brick-and-mortar brokerages. Per our commission and fee schedule, your account was charged a $20 mandatory reorganization fee. I understand that if I hold stocks during a reverse split in an etrade brokerage, I will he charged a reorganization fee. This fee … Sell orders are subject to an activity assessment fee (from $0.01 to $0.03 per $1,000 of principal). If I hold options but no stocks, will I be charged a reorganization fee when a reverse split happens? Note that the purchase date for this is Jan 1, 2010 when you bought Company A stock prior to the merger giving you Company B stock… It appeared to be for the … We may be compensated by the businesses we review. Stock Trades - All trades are a flat-rate $0.For broker-assisted trades, add $25 to the total order. $0.65 per contract ($0.50 if making 30+ trades per quarter), markup or markdown and any transaction fee will be included in the price quoted. Press J to jump to the feed. $0 commissions + transfer fee reimbursement. E*Trade charges per trade are based on the selling of investment products. It isn't even easy finding a straight answer on the 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. Our records indicate that a Mandatory Reorganization fee was assessed on your account in the amount of $20.00 on 10/13/06 as a result of a 1:350 reverse split that was effected on your restricted shares of Juina Mining Corp. I am pretty confident that this fee would be … stocks, bonds, mutual funds, futures, fixed income, options, ETFs, $500 for a non-retirement account, $0 for a retirement account, $2,000 for a margin account, Minimum Investment to Financial Industry Regulatory Authority (FINRA) transaction fee (TAF) This fee is charged on all stock and ETF sales at a rate of $.000119 per share with a minimum charge of $0.01 and a maximum charge of $5.95. All rights are reserved. Includes Agency bonds, Corporate bonds, Municipal bonds, Brokered CDs, Pass-thrus, CMOs, Asset Backed Securities. Additionally, upon checking my transaction history I noticed that I got slapped with $20 reorganization fee from E*Trade. Other brokers like Etrade have the same fee, while others like Sogotrade may have a $50 fee. The standard options contract fee is $0.65 per contract (or $0.50 per contract for customers who execute at least 30 stock… Broker Review Stock/ETF Commission Mutual Fund Commission Maintenance Fee Annual IRA Fee Promotion Offer; WeBull: $0 na $0 $0 Grab your last chance to get 4 free stocks up to $1,600 + acat refund. When trading during pre and post market hours, an ECN fee … I don’t even hold $38 worth of stock in that company. This is a flat service fee for the processing of the corporate action. Penny stock trades incur a per-trade commission; most other brokers have … Read our in-depth review of E*TRADE to see why E*TRADE scored 4.2 stars out of 5. Scottrade and other brokerages charges this same exact $20 fee as well, some charge … 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. Mandatory Reorganization fees are charged when there is a reverse stock … For our example, the cost basis for the 98 shares of Company B is $2386, or $24.35 per share of Company B. E-Trade just charged me a mandatory transaction fee of $38 (!!) None has the absolute lowest commissions on every type of trade. by jon, 8/10/2020 . So how much you pay actually has more to do with the amount of money you invest in each trade rather … Does anyone know if this applies to options as well? Disclaimer: ACM MEDIA LLC provides reviews of services based on our personal opinions. Get zero commission on stock and ETF trades. That's because TD Ameritrade has a $38 reorganization fee. 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