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