Up to $3,500 cash bonus + $0 commission trades. Per our commission and fee schedule, your account was charged a $20 mandatory reorganization fee. 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. Instead, you can add the amount of those fees to the purchase price of your 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. The standard options contract fee is $0.65 per contract (or $0.50 per contract for customers who execute at least 30 stock… by jon, 8/10/2020 . The purchase price plus the cost to acquire your stock equals your cost basis. This charge is assessed on each purchase, sale, and exchange. At a time when several businesses are offering waivers and consolations to their new and loyal customers, eTrade has been assessing fees … E*TRADE charges $0 commission for online US-listed stock, ETF, and options trades. E*TRADE's fees are now competitive since it joined the race to zero fees by major online brokers in Oct. 2019. Includes Agency bonds, Corporate bonds, Municipal bonds, Brokered CDs, Pass-thrus, CMOs, Asset Backed Securities. Open an IRA, Mutual Fund— Etrade Mutual Fund Commissions Mutual funds that carry a transaction fee cost $19.99. 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. That's because TD Ameritrade has a $38 reorganization fee. wait.. what? $0 commissions + transfer fee reimbursement. ACB - Its a real crap stock at this point and my … E*Trade charges per trade are based on the selling of investment products. sales expense) and added to the cost basis? eTrade’s customer service may usually be good, but I have been given the run-around on reimbursement of reorganization fees for lopsided stocks. E-Trade just charged me a mandatory transaction fee of $38 (!!) Does anyone know if this applies to options as well? 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 … MANDATORY REORGANIZATION FEE Some of us over on the Disney board were charged the above fee. Press J to jump to the feed. It's an easy way to compare the dividend amounts paid by different stocks… I have no problem with that as I'm in … For our example, the cost basis for the 98 shares of Company B is $2386, or $24.35 per share of Company B. Seems like some were charged, some weren't, regular and ira accounts. There is an Options Regulatory Fee (from $0.03 to $0.05 per contract,) which applies to both option buy and … It appeared to be for the … Exclusions may apply and E*TRADE reserves the right to charge variable commission rates. 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 So how much you pay actually has more to do with the amount of money you invest in each trade rather … Mandatory reorganizations, including stock splits, cost $38, a somewhat nauseating charge given that you have no control over the event. 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. But can it be added against the cost basis? A mandatory reorganization … Finally, as we must facilitate the exchange of shares in your account, a $38.00 reorganization fee was charged to cover the processing costs. No load funds, Mutual Fund— Though i was safe buying stocks just to speculate, in a year I had over $300 in fees, after paying commissions. Other brokers like Etrade have the same fee, while others like Sogotrade may have a $50 fee. All rights are reserved. $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. $1 per bond (minimum $10, maximum $250) for online secondary market trades. It isn't even easy finding a straight answer on the Fee. Etrade Stock Trading Fees Comparison. This is a flat service fee for the processing of the corporate action. Stock Trades - All trades are a flat-rate $0.For broker-assisted trades, add $25 to the total order. It has a tiered commission structure emphasizing stock … Ally Invest: $0 $9.95 $0 $0 Up to $3,500 cash bonus + $0 trades + transfer fee … Some charge higher fees for administrative services than Etrade. We like their expansive set … $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 … it is not like we do that. 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. I understand that if I hold stocks during a reverse split in an etrade brokerage, I will he charged a reorganization fee. Scottrade and other brokerages charges this same exact $20 fee as well, some charge … 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. Transaction fee funds. Disclaimer Etrade hidden fees … why they charge a fee for that? Additionally, upon checking my transaction history I noticed that I got slapped with $20 reorganization fee from E*Trade. None has the absolute lowest commissions on every type of trade. Sell orders are subject to an activity assessment fee (from $0.01 to $0.03 per $1,000 of principal). Does anyone know if this applies to options as well? Is there any reputable guidance (e.g. I understand that if I hold stocks during a reverse split in an etrade brokerage, I will he charged a reorganization fee. E*TRADE Promotions Easy to use online discount stock broker for long-term investors. Make sure to read the fine print and fees pages. Press question mark to learn the rest of the keyboard shortcuts. for a reverse split I hold a very small position of NGE, a fund that has been steadily declining in value. - Your broker charges a mandatory reorganization fee when there is a reverse stock split or a mandatory cash merger. Get zero commission on stock and ETF trades. If I hold options but no stocks, will I be charged a reorganization fee when a reverse split happens? I don’t even hold $38 worth of stock in that company. I am pretty confident that this fee would be … 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. 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). Etrade is perfectly happy charging $38 reorganization fee, even if you have only $1 of that stock. Etrade ACAT fee is $75 for a full account transfer and $25 for a partial account transfer (stock positions, mutual funds, ETF's). I got slapped by ETRADE with a $38 reorganization fee for ACB’s reverse split stock. We may be compensated by the businesses we review. Arcis Resources Corporation ARCS Stock Message Board: i saw a $20 reorganization fee on etrade.. 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… There doesn't seem to be anyway to get out of the fee. Fees vary from firm to firm—some fees are very steep, while others are fairly cheap. The "best answer" in … This fee … Copyright 2009-2020 ACM MEDIA LLC. Most were at Ameritrade. Read our in-depth review of E*TRADE to see why E*TRADE scored 4.2 stars out of 5. If I hold options but no stocks, will I be charged a reorganization fee … Get 4 FREE stocks valued up to $1,600 + $100 in ACAT reimbursement. Penny stock trades incur a per-trade commission; most other brokers have … E*TRADE has a fairly straight forward commissions structure. Disclaimer: ACM MEDIA LLC provides reviews of services based on our personal opinions. from IRS) that stock reorganization fees can be treated like a stock trading fee (i.e. All charge less in commissions than full-service, brick-and-mortar brokerages. Because money, presumably. When trading during pre and post market hours, an ECN fee … 0 commission trades read the fine print and fees pages position of NGE, fund! Declining in value be … E * TRADE to see why E * TRADE reserves the right to variable... Expansive set … Disclaimer: ACM MEDIA LLC provides reviews of services on. Be charged a reorganization fee, even if you have only $ 1 of that stock, I he! 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