The standard options contract fee is $0.65 per contract (or $0.50 per contract for customers who execute at least 30 stock… If I hold options but no stocks, will I be charged a reorganization fee … But can it be added against the cost basis? Stock Trades - All trades are a flat-rate $0.For broker-assisted trades, add $25 to the total order. 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. Make sure to read the fine print and fees pages. Etrade Stock Trading Fees Comparison. E-Trade just charged me a mandatory transaction fee of $38 (!!) At a time when several businesses are offering waivers and consolations to their new and loyal customers, eTrade has been assessing fees … I understand that if I hold stocks during a reverse split in an etrade brokerage, I will he charged a reorganization fee. We like their expansive set … 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). Penny stock trades incur a per-trade commission; most other brokers have … Some charge higher fees for administrative services than Etrade. Is there any reputable guidance (e.g. There doesn't seem to be anyway to get out of the fee. This is a flat service fee for the processing of the corporate action. Etrade is perfectly happy charging $38 reorganization fee, even if you have only $1 of that stock. 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. ACB - Its a real crap stock at this point and my … It has a tiered commission structure emphasizing stock … Transaction fee funds. All rights are reserved. It's an easy way to compare the dividend amounts paid by different stocks… So how much you pay actually has more to do with the amount of money you invest in each trade rather … from IRS) that stock reorganization fees can be treated like a stock trading fee (i.e. Disclaimer: ACM MEDIA LLC provides reviews of services based on our personal opinions. Disclaimer Etrade hidden fees … Does anyone know if this applies to options as well? Get 4 FREE stocks valued up to $1,600 + $100 in ACAT reimbursement. Per our commission and fee schedule, your account was charged a $20 mandatory reorganization fee. All charge less in commissions than full-service, brick-and-mortar brokerages. $0 commissions + transfer fee reimbursement. Press question mark to learn the rest of the keyboard shortcuts. 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. Most were at Ameritrade. None has the absolute lowest commissions on every type of trade. The "best answer" in … Open an IRA, Mutual Fund— For our example, the cost basis for the 98 shares of Company B is $2386, or $24.35 per share of Company B. It appeared to be for the … for a reverse split I hold a very small position of NGE, a fund that has been steadily declining in value. Mandatory Reorganization fees are charged when there is a reverse stock … Does anyone know if this applies to options as well? $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 … Instead, you can add the amount of those fees to the purchase price of your stock. Other brokers like Etrade have the same fee, while others like Sogotrade may have a $50 fee. I am pretty confident that this fee would be … Press J to jump to the feed. Get zero commission on stock and ETF trades. Etrade Mutual Fund Commissions Mutual funds that carry a transaction fee cost $19.99. E*TRADE Promotions Easy to use online discount stock broker for long-term investors. 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. I have no problem with that as I'm in … eTrade’s customer service may usually be good, but I have been given the run-around on reimbursement of reorganization fees for lopsided stocks. sales expense) and added to the cost basis? why they charge a fee for that? - Your broker charges a mandatory reorganization fee when there is a reverse stock split or a mandatory cash merger. it is not like we do that. There is an Options Regulatory Fee (from $0.03 to $0.05 per contract,) which applies to both option buy and … Etrade ACAT fee is $75 for a full account transfer and $25 for a partial account transfer (stock positions, mutual funds, ETF's). Read our in-depth review of E*TRADE to see why E*TRADE scored 4.2 stars out of 5. $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. Arcis Resources Corporation ARCS Stock Message Board: i saw a $20 reorganization fee on etrade.. 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 A mandatory reorganization … When trading during pre and post market hours, an ECN 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. Up to $3,500 cash bonus + $0 commission trades. 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. wait.. what? Ally Invest: $0 $9.95 $0 $0 Up to $3,500 cash bonus + $0 trades + transfer fee … 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. Copyright 2009-2020 ACM MEDIA LLC. E*Trade charges per trade are based on the selling of investment products. That's because TD Ameritrade has a $38 reorganization fee. 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… Because money, presumably. Fees vary from firm to firm—some fees are very steep, while others are fairly cheap. No load funds, Mutual Fund— 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. This fee … Seems like some were charged, some weren't, regular and ira accounts. E*TRADE charges $0 commission for online US-listed stock, ETF, and options trades. Scottrade and other brokerages charges this same exact $20 fee as well, some charge … 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. Sell orders are subject to an activity assessment fee (from $0.01 to $0.03 per $1,000 of principal). We may be compensated by the businesses we review. E*TRADE's fees are now competitive since it joined the race to zero fees by major online brokers in Oct. 2019. If I hold options but no stocks, will I be charged a reorganization fee when a reverse split happens? This charge is assessed on each purchase, sale, and exchange. MANDATORY REORGANIZATION FEE Some of us over on the Disney board were charged the above fee. Though i was safe buying stocks just to speculate, in a year I had over $300 in fees, after paying commissions. Exclusions may apply and E*TRADE reserves the right to charge variable commission rates. I got slapped by ETRADE with a $38 reorganization fee for ACB’s reverse split stock. Additionally, upon checking my transaction history I noticed that I got slapped with $20 reorganization fee from E*Trade. I understand that if I hold stocks during a reverse split in an etrade brokerage, I will he charged a reorganization fee. $1 per bond (minimum $10, maximum $250) for online secondary market trades. I don’t even hold $38 worth of stock in that company. The purchase price plus the cost to acquire your stock equals your cost basis. It isn't even easy finding a straight answer on the Fee. 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