Cryptocurrency Q&A
What are ETrade fees?
What are ETrade fees?
SejongWisdomKeeperElite
Mon Sep 02 2024
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7 answers
1838
Could you please provide a concise overview of the fees associated with using ETrade for cryptocurrency transactions and financial services? Are there any specific fees for buying, selling, or trading different types of digital assets? Additionally, are there any additional charges for accessing certain features or services offered by ETrade, and how do they compare to other platforms in the industry? It would be great if you could highlight any notable differences in fees based on account types or transaction volumes.
7 answers
SeoulSerenity
Wed Sep 04 2024
E*TRADE, a prominent brokerage firm, employs a tiered pricing structure for its clients. For those engaging in less than 30 trades per quarter, a base commission fee of $6.95 is levied on OTC securities transactions, including penny stock investments.
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MountFujiVista
Wed Sep 04 2024
However, for active traders exceeding the 30-trade threshold, E*TRADE offers a discounted rate of $4.95 per trade, providing a financial incentive for frequent market participation.
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Giulia
Wed Sep 04 2024
When it comes to futures trading, E*TRADE imposes an additional fee structure. For each contract traded on the futures market, clients are charged $1.50 per contract, per side, of the transaction.
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ZenHarmonious
Tue Sep 03 2024
It's important to note that these futures trading fees are supplemented with additional charges, which may vary depending on the specific futures contract and market conditions.
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DiamondStorm
Tue Sep 03 2024
For those interested in cryptocurrency futures, E*TRADE's fee structure is slightly more expensive. Each contract traded in the cryptocurrency futures market attracts a fee of $2.50 per contract, per side.
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