1 Qualified Power E*TRADE customers pay a flat $9.99 commission for all stock and options trades plus an additional $1.25 per contract over 49 for a single order or $1.50 per contract under 50 for all options trades, through the end of the calendar quarter. For pricing details on options contract fees visit view commissions and fees. Priority E*TRADE customers pay a flat $12.99 commission for all qualified stock and options trades (plus an additional $1.25 per contract over 49 for a single order or $1.50 per contract under 50). For listed securities orders over 5,000 shares, add $0.01/share to the entire order. Under the regular commission schedule, E*TRADE Securities stock trade commissions are $19.99 for listed and NASDAQ, market, limit and stop orders. For listed securities orders over 5,000 shares, add $0.01/share to the entire order. Regular options trade commissions are $19.99 (an additional $1.75 fee per contract will apply for options trades). All customers add $45 for broker-assisted trades. Account status subject to periodic review and approval. Additional $3.00 handling fee may apply for customers trading fewer than an average of nine times per quarter (fewer than three times per month). $25 account maintenance fee may apply quarterly if account balance is less than $5,000 or less than two trades are executed in prior six months.
Options involve risk and are not suitable for all investors. For more information, please read the Characteristics and Risks of Standardized Options.
2 Power E*TRADE received 4 1/2 stars in Barron's Annual Online Broker study based on trade execution, usability, range of offerings, research, portfolio analysis and reports, customer access and cost (March 8, 2004).
3 Power E*TRADE is ranked the #1 place for hyper-active traders in every one of Watchfire ® GomezPro's™ rankings based on low-cost trading, simple interface and outstanding site performance since the 3rd quarter of 1999.
4 In online trading, E*TRADE Securities is the winner of the Keynote Performance Awards for both Best Transaction Speed (avg. 4.17 seconds) and Best Transaction Reliability (avg. 99.55% reliability). To determine the online trading awards, Keynote aggregated data from the Web Broker Trading Index collected between March 2003 and April 2004. Keynote aggregated its weekly transaction index data and determined the fastest and most reliable Web site in each category. In order to be considered, sites need to have published data for at least 90% of the weeks during the time period. A straight arithmetic average is used to determine both "transaction speed" and "transaction reliability." The site with the fastest time (in seconds) is recognized for the "speed" award and the site with the highest success rate (out of 100%) is recognized for the "reliability" award.
5 The new account holder will receive a free trade commission, up to a maximum of 50 free trade commissions (equivalent to $500 in free trade commissions at a value of $9.99 per trade), for each qualified stock or options trade executed within 30 days of the opening of the new qualified account. Offer not valid for IRAs, other retirement, business, trust, or E*TRADE Bank accounts. Excludes current E*TRADE Securities customers, E*TRADE FINANCIAL Corp. associates, and non-U.S. residents. Offer only applies to new Power E*TRADE accounts opened with a $1,000 minimum deposit. You will pay the Power E*TRADE commission rate on all trades at the time of the trades, and your account will be credited with up to $9.99 per trade within eight weeks of qualifying (excluding options contract fees). You will not receive cash compensation for any unused free trade commissions up to 50. Account holders must maintain minimum funding in all accounts ($1,000 minus any trading losses) for at least six months or credit may be surrendered. Limit one new Power E*TRADE account per customer. We reserve the right to terminate this offer at any time. Offer expires December 31, 2004. With this special offer you are a qualified Power E*TRADE customer from the time your new account is opened. You will receive a $9.99 commission rate for all qualified stock and options trades (plus an additional $1.25 per contract over 49 for a single order or $1.50 per contract under 50 through the end of the calendar quarter). To continue receiving the $9.99 commission you must re-qualify for Power E*TRADE by making 27 or more trades by the end of the following calendar quarter and each calendar quarter thereafter. Account status subject to periodic review and approval.