E*Trade: Fees, Features, and More (2025)
ETrade combines full‑service breadth with advanced technology. Traders can choose the professional‑grade **ETRADE Pro** platform or tap the public Developer API, trade options at $0.50–$0.65 per contract, and access bonds, CDs, and a mutual‑fund lineup topping 6,000 choices—over 4,300 with no transaction fee and no mandatory holding period. Automated Core Portfolios cost 0.30 % in advisory fees, and a network of roughly 30 branches offers in‑person support, all with no minimum opening deposit.
Feature | |
---|---|
Website | https://us.etrade.com/home |
Broker Type | Full-Service |
Trading: Stock & ETF? | Yes |
ETF & Stock commission | No fee |
Fractional Shares? | No |
Percent Allocations? | No |
Crypto Trading? | No |
Crypto Fees | not applicable |
Options Trading? | Yes |
Options Fee | 50 to 65 |
Bond Trading Available? | Yes |
Pays for Order Flow (PFOF)? | Yes |
Interface: Web trading? | Yes |
Desktop trading? | Yes; E*TRADE Pro |
API Trading? | Yes; E*TRADE Developer Platform |
Mutual Funds: Offered? | Yes |
Total Mutual Funds | Over 6,000 |
NTF Mutual Funds | Over 4,300 |
Non-NTF Fund Fee | $50 |
Early Redemption Fee? | No |
Redemption Hold (Days) | 0 |
Early Redemption Fee | $50 |
Accounts: Margin Accounts? | Yes |
IRAs Offered? | Yes |
HSAs Offered? | No |
Money Market Sweep? | No |
CDs Offered? | Yes |
Robo-Advisor: Offered | Yes |
Robo-Advisor Service | Core Portfolios |
Robo-Advisor Fees | 0.30% |
Basics: Headquarters | New York, NY |
Year Founded | 1996 |
Clearing Firm | Morgan Stanley |
Local Branches? | Yes, about 30 locations |
New Account Minimum | $0 |
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