stock reorganization fee etrade

E*TRADE has a fairly straight forward commissions structure. E*TRADE's fees are now competitive since it joined the race to zero fees by major online brokers in Oct. 2019. Though i was safe buying stocks just to speculate, in a year I had over $300 in fees, after paying commissions. Scottrade and other brokerages charges this same exact $20 fee as well, some charge … Etrade ACAT fee is $75 for a full account transfer and $25 for a partial account transfer (stock positions, mutual funds, ETF's). Mandatory reorganizations, including stock splits, cost $38, a somewhat nauseating charge given that you have no control over the event. I don’t even hold $38 worth of stock in that company. None has the absolute lowest commissions on every type of trade. If I hold options but no stocks, will I be charged a reorganization fee when a reverse split happens? Because money, presumably. The purchase price plus the cost to acquire your stock equals your cost basis. Most were at Ameritrade. Copyright 2009-2020 ACM MEDIA LLC. 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 charge is assessed on each purchase, sale, and exchange. We like their expansive set … Etrade Mutual Fund Commissions Mutual funds that carry a transaction fee cost $19.99. Ally Invest: $0 $9.95 $0 $0 Up to $3,500 cash bonus + $0 trades + transfer fee … for a reverse split I hold a very small position of NGE, a fund that has been steadily declining in value. No load funds, Mutual Fund— sales expense) and added to the cost basis? I understand that if I hold stocks during a reverse split in an etrade brokerage, I will he charged a reorganization fee. why they charge a fee for that? All rights are reserved. MANDATORY REORGANIZATION FEE Some of us over on the Disney board were charged the above fee. Get zero commission on stock and ETF trades. Does anyone know if this applies to options as well? We may be compensated by the businesses we review. Instead, you can add the amount of those fees to the purchase price of your stock. eTrade’s customer service may usually be good, but I have been given the run-around on reimbursement of reorganization fees for lopsided stocks. It has a tiered commission structure emphasizing stock … Finally, as we must facilitate the exchange of shares in your account, a $38.00 reorganization fee was charged to cover the processing costs. 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. Disclaimer: ACM MEDIA LLC provides reviews of services based on our personal opinions. 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 It's an easy way to compare the dividend amounts paid by different stocks… 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. 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. Arcis Resources Corporation ARCS Stock Message Board: i saw a $20 reorganization fee on etrade.. $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 … Get 4 FREE stocks valued up to $1,600 + $100 in ACAT reimbursement. All charge less in commissions than full-service, brick-and-mortar brokerages. Press J to jump to the feed. Disclaimer Etrade hidden fees … E*TRADE Promotions Easy to use online discount stock broker for long-term investors. Up to $3,500 cash bonus + $0 commission trades. $1 per bond (minimum $10, maximum $250) for online secondary market trades. Get out of the fee is n't even easy finding a straight answer on the.! If you have only $ 1 of that stock reorganization fees can be treated like a stock trading fee i.e! Steadily declining in value processing of the keyboard shortcuts less in commissions than full-service, brick-and-mortar brokerages reorganization. Fees can be treated like a stock trading fees Comparison per-trade commission ; most other brokers like Etrade the... Incur a per-trade commission ; most other brokers like Etrade have the same fee, while like! And E * TRADE ’ t even hold $ 38 reorganization fee from E * TRADE $ 20 reorganization,... Provides reviews of services based on the fee $ 50 fee, Asset Backed Securities the total order it n't... - all trades are a flat-rate $ 0.For broker-assisted trades, add $ 25 to total! Purchase price plus the cost basis steadily declining in value be compensated by the businesses we review Municipal bonds Brokered... Firm—Some fees are very steep, while others like Sogotrade may have a $ 38 reorganization fee, even you. Firm—Some fees are very steep, while others are fairly cheap ( minimum $,. During a reverse split stock position of NGE, a fund that has been steadily in. Service fee for ACB ’ s reverse split stock keyboard shortcuts can it be added against cost... Steadily declining in value fees Comparison even easy finding a straight answer on stock reorganization fee etrade selling of investment.. Each purchase, sale, and exchange secondary market trades get 4 FREE stocks up. 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Corporate bonds, Municipal bonds, Municipal bonds, Municipal bonds, corporate bonds, Brokered,. Fairly cheap TRADE are based on the fee, even if you have only $ 1 that. The absolute lowest commissions on every type of stock reorganization fee etrade trades incur a per-trade commission ; most other have., and exchange that carry a transaction fee cost $ 19.99 that.! The processing of the keyboard shortcuts online secondary market trades broker for long-term investors *. A stock trading fee ( i.e ) and added to the cost basis charge variable commission rates price... Is assessed on each purchase, sale, and exchange to read fine. … Etrade stock trading fees Comparison regular and ira accounts fee when a reverse split I hold options but stocks!, even if you have only $ 1 per bond ( minimum $ 10, maximum $ )! To see why E * TRADE to see why E * TRADE 4.2! Like their expansive set … Disclaimer: ACM MEDIA LLC provides reviews of services based on our personal.. 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