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

Can you provide information on the specific fees associated with trading penny stocks on eTrade in the digital currency space? I am interested in understanding the costs involved before I start trading.

3 answers
- 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.
Mar 07, 2022 · 3 years 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.
Mar 07, 2022 · 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.
Mar 07, 2022 · 3 years ago
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