Pricing and Rates

Item Pricing
Stocks, Options, ETFs1 $0
Options Contract1

$0.65

$0.50 with 30+ trades per quarter

FINRA TAF* See footnote
Investors who purchased Transaction Fee mutual funds through a Capital One Investing ShareBuilder plan can re-active their plan through E*TRADE’s Automatic Investment Program (AIP). The transaction fee will remain unchanged from the ShareBuilder plan.
Margin Rates  

$1,000,000 or more

6.20%

Base Rate + 0.70%

$500,000 to $999,999.99

6.40%

Base Rate + 0.90%

$250,000 to $499,999.99

6.75%

Base Rate + 1.25%

$100,000 to $249,999.99

7.75%

Base Rate + 2.25%

$50,000 to $99,999.99

7.95%

Base Rate + 2.45%

$25,000 to $49,999.99

8.50%

Base Rate + 3.00%

$10,000 to $24,999.99

8.75%

Base Rate + 3.25%

Less than $10,000

8.95%

Base Rate + 3.45%

The base rate is 5.50% effective October 31, 2019. The base rate is set at E*TRADE Securities' discretion with reference to commercially recognized interest rates, such as the broker loan rate, and is subject to change without prior notice.

  • Participants of the Margin VIP program will continue to qualify for a discount of 2.75% off of public rate.
  • Participants of the Costco Advantage program will continue to qualify for a discount of 1.70% off of public rate.

 

Fees not specifically listed above will be charged at the applicable E*TRADE rate. To view the complete E*TRADE pricing schedule, please visit our Pricing and Rates page.

*FINRA levies a Trading Activity Fee (TAF) for sales of covered securities that we pass through to you. The FINRA TAF for sales of equity securities is currently $0.000119 per share with a per-transaction cap of $5.95. In the case of multiple executions for a single order, each execution is considered one trade. For example, if you sell 1,000 equity securities the fee would be the number of shares 1,000 multiplied by $0.000119 which equals $0.119. The FINRA TAF for option sales is currently $0.002 per contract. For example, if you sell 100 options contracts, the fee would be the number of contracts 100 multiplied by $0.002, which equals $0.20. The FINRA TAF for a covered TRACE-eligible security (other than an asset-backed security) and/or municipal security is $0.00075 multiplied by the number of bonds, with a maximum charge of $0.75 per trade. For example, if you sell 100 bonds, then the fee would be $0.075. Please note FINRA TAF Fees are subject to change.