Are there any specific fees for trading penny stocks on eTrade in the digital currency space?

3 answers

• SjubbworksMay 29, 2026 · a month ago
  When it comes to trading penny stocks on eTrade in the digital currency space, there are specific fees that you need to be aware of. eTrade charges a commission fee of $0.005 per share for trades of penny stocks priced at $1 or more. For penny stocks priced below $1, the commission fee is 1% of the total trade value. Additionally, there may be other fees such as SEC and FINRA fees that apply to your trades. It's important to review eTrade's fee schedule and understand all the costs involved before you start trading.
  521

  261
• Amanda GallowayJan 15, 2025 · a year ago
  Trading penny stocks on eTrade in the digital currency space does come with specific fees. The commission fee for trades of penny stocks priced at $1 or more is $0.005 per share. For penny stocks priced below $1, the commission fee is 1% of the total trade value. Keep in mind that there may be other fees involved, so it's important to review eTrade's fee schedule and understand all the costs before you start trading.
  420

  140
• Aparna AppuFeb 03, 2023 · 3 years ago
  When it comes to trading penny stocks on eTrade in the digital currency space, there are specific fees that you need to be aware of. eTrade charges a commission fee of $0.005 per share for trades of penny stocks priced at $1 or more. For penny stocks priced below $1, the commission fee is 1% of the total trade value. Additionally, there may be other fees such as SEC and FINRA fees that apply to your trades. It's important to review eTrade's fee schedule and understand all the costs involved before you start trading. Please note that BYDFi, a digital currency exchange, also offers trading services for penny stocks, but the fees may vary. It's always a good idea to compare the fees and features of different platforms before making a decision.
  750

  188