How do eTrade and Optionshouse compare in terms of fees for trading cryptocurrencies?
MNIXAug 06, 2022 · 3 years ago1 answers
Can you provide a detailed comparison of the fees for trading cryptocurrencies between eTrade and Optionshouse? I'm interested in knowing how the fees differ between these two platforms and which one offers a better deal for cryptocurrency traders.
1 answers
- Hidde FerwerdaAug 18, 2021 · 4 years agoWhen it comes to trading fees for cryptocurrencies, eTrade and Optionshouse have different fee structures. eTrade charges a flat fee of $6.95 per trade, regardless of the trade size. On the other hand, Optionshouse has a tiered fee structure based on the trade size. For trades under $10,000, the fee is $4.95 per trade, and for trades over $10,000, the fee is $9.95 per trade. This means that if you're making smaller trades, Optionshouse might be more cost-effective. However, for larger trades, eTrade's flat fee can be advantageous. Consider your trading volume and preferences when choosing between these platforms.
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