ACB - Its a real crap stock at this point and my … by jon, 8/10/2020 . Get zero commission on stock and ETF trades. No load funds, Mutual Fund— Includes Agency bonds, Corporate bonds, Municipal bonds, Brokered CDs, Pass-thrus, CMOs, Asset Backed Securities. Seems like some were charged, some weren't, regular and ira accounts. There doesn't seem to be anyway to get out of the fee. Mandatory reorganizations, including stock splits, cost $38, a somewhat nauseating charge given that you have no control over the event. Because money, presumably. Does anyone know if this applies to options as well? wait.. what? But can it be added against the cost basis? Etrade Mutual Fund Commissions Mutual funds that carry a transaction fee cost $19.99. All rights are reserved. 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. Ally Invest: $0 $9.95 $0 $0 Up to $3,500 cash bonus + $0 trades + transfer fee … I have no problem with that as I'm in … The purchase price plus the cost to acquire your stock equals your cost basis. It has a tiered commission structure emphasizing stock … 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. Most were at Ameritrade. from IRS) that stock reorganization fees can be treated like a stock trading fee (i.e. The standard options contract fee is $0.65 per contract (or $0.50 per contract for customers who execute at least 30 stock… All charge less in commissions than full-service, brick-and-mortar brokerages. Press J to jump to the feed. Etrade is perfectly happy charging $38 reorganization fee, even if you have only $1 of that stock. $1 per bond (minimum $10, maximum $250) for online secondary market trades. 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. Though i was safe buying stocks just to speculate, in a year I had over $300 in fees, after paying commissions. Read our in-depth review of E*TRADE to see why E*TRADE scored 4.2 stars out of 5. 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. 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. There is an Options Regulatory Fee (from $0.03 to $0.05 per contract,) which applies to both option buy and … Open an IRA, Mutual Fund— 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). 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. $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. Finally, as we must facilitate the exchange of shares in your account, a $38.00 reorganization fee was charged to cover the processing costs. I understand that if I hold stocks during a reverse split in an etrade brokerage, I will he charged a reorganization fee. 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. 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 Etrade Stock Trading Fees Comparison. Additionally, upon checking my transaction history I noticed that I got slapped with $20 reorganization fee from E*Trade. Press question mark to learn the rest of the keyboard shortcuts. I understand that if I hold stocks during a reverse split in an etrade brokerage, I will he charged a reorganization fee. Etrade ACAT fee is $75 for a full account transfer and $25 for a partial account transfer (stock positions, mutual funds, ETF's). I don’t even hold $38 worth of stock in that company. That's because TD Ameritrade has a $38 reorganization fee. 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? Transaction fee funds. Exclusions may apply and E*TRADE reserves the right to charge variable commission rates. E*TRADE's fees are now competitive since it joined the race to zero fees by major online brokers in Oct. 2019. If I hold options but no stocks, will I be charged a reorganization fee … So how much you pay actually has more to do with the amount of money you invest in each trade rather … $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 … 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… Instead, you can add the amount of those fees to the purchase price of your stock. Disclaimer: ACM MEDIA LLC provides reviews of services based on our personal opinions. 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 has a fairly straight forward commissions structure. Scottrade and other brokerages charges this same exact $20 fee as well, some charge … Penny stock trades incur a per-trade commission; most other brokers have … E*TRADE Promotions Easy to use online discount stock broker for long-term investors. A mandatory reorganization … Some charge higher fees for administrative services than Etrade. We like their expansive set … sales expense) and added to the cost basis? $0 commissions + transfer fee reimbursement. Is there any reputable guidance (e.g. why they charge a fee for that? We may be compensated by the businesses we review. It appeared to be for the … When trading during pre and post market hours, an ECN fee … I got slapped by ETRADE with a $38 reorganization fee for ACB’s reverse split stock. This is a flat service fee for the processing of the corporate action. E*Trade charges per trade are based on the selling of investment products. Sell orders are subject to an activity assessment fee (from $0.01 to $0.03 per $1,000 of principal). Make sure to read the fine print and fees pages. Fees vary from firm to firm—some fees are very steep, while others are fairly cheap. - Your broker charges a mandatory reorganization fee when there is a reverse stock split or a mandatory cash merger. Stock Trades - All trades are a flat-rate $0.For broker-assisted trades, add $25 to the total order. Disclaimer Etrade hidden fees … Per our commission and fee schedule, your account was charged a $20 mandatory reorganization fee. Does anyone know if this applies to options as well? eTrade’s customer service may usually be good, but I have been given the run-around on reimbursement of reorganization fees for lopsided stocks. Up to $3,500 cash bonus + $0 commission trades. for a reverse split I hold a very small position of NGE, a fund that has been steadily declining in value. E-Trade just charged me a mandatory transaction fee of $38 (!!) MANDATORY REORGANIZATION FEE Some of us over on the Disney board were charged the above fee. Get 4 FREE stocks valued up to $1,600 + $100 in ACAT reimbursement. It isn't even easy finding a straight answer on the Fee. This charge is assessed on each purchase, sale, and exchange. Copyright 2009-2020 ACM MEDIA LLC. The "best answer" in … it is not like we do that. E*TRADE charges $0 commission for online US-listed stock, ETF, and options trades. 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