E Trade Brokerage Account Review
E Trade offers some of the lowest brokerage fees in the business. Account minimums stand at only $1,000 and real time trades are as low as $7. Here’s the full breakdown on E Trade rates:
- Automatic Investing Plans: NO
- Real time market orders: $7 – $20
- Real time limit orders: $7 – $20
- No Dollar based investing options
- $40 Inactivity fee per quarter
- No Fractional Share Purchases
No Promotional Codes have been found for Etrade.
E trade does not offer enough attractive incentives for my taste. Inactivity fees of $40 and no fractional shares are the two worst features E Trades has to offer.
If you have limited funds to invest, E Trade is not an economical nor practical option for your money. Go with ShareBuilder or Sogo Invest instead.
If you’re a long term investor who believes in buying and holding stocks, any brokerage that offers low commissions and no inactivity fees would suit your needs.
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I was hoping to find a way to reverse 5 (FIVE) years of inactivity fees which they started charging me once I turned off paper statements. If I had been getting a paper statement I would have done whatever it took to stop these exorbitant fees. I only had 2 stocks with $2000 in the account and actually forgot about them until I wanted to transfer them to another brokerage account. They have been stealing all of my cash dividends which I have been paying taxes on for five years and STILL charging me $40 a quarter for an Inactivity Fee!