ETRADE - ETRADE - I opened anl account with Etrade ($1,500) several years ago. I knew it would cost me $19.99 to buy, and $19.99 to sell, but at the time I opened my account I did not know, for example there was a $25.00 quarterly charge or $60 to transfer an acco

Posted on Tuesday, August 31st, 2004 at 12:00am CDT by 8506ca00

Company: ETRADE

Category: Business, Finances

So if you purchased the "hot stock" a few years ago, Enron types, Peregine Systems etc those stock bellied up and are worthless or may only be worth a few cents a share. To sell those stock it would cost $23.00 to sell plus $10 if you wanted moneies to be returned to you. It you decide not to sell it would cost you $25. quarterly to hold on to the stock.

If your stock is less than 19.99, Etrade keeps the stock in exchanged for its fee.

Marguerite


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