Latest responses to “ETrade Online Broker: Discount Brokerage Account Review” Copyright 2012, MoneyBlueBook.com 410720 2010-01-16T18:36:34-08:00 Sue I was hoping to find a way to reverse 5 (FIVE) years of inactivity fees which they started charging me once I turned off paper statements. If I had been getting a paper statement I would have done whatever it took to stop these exorbitant fees. I only had 2 stocks with $2000 in the account and actually forgot about them until I wanted to transfer them to another brokerage account. They have been stealing all of my cash dividends which I have been paying taxes on for five years and STILL charging me $40 a quarter for an Inactivity Fee! Now before I can transfer these stocks I have to pay over $800 in Inactivity Fees and $60 to transfer and close the account. 410750 2009-11-11T06:02:05-08:00 Kathie I too know some people gripe about the quarter fees they charge, but that's only for people with next to nothing in their accounts or who never use their accounts to invest or trade in years. For people with a few thousand there are no fees whatsoever. 410730 2009-10-15T14:54:51-07:00 SSingler What's so great about E*Trade's bank accounts? The max rate checking and complete savings accounts offer pretty shabby interest rates. They used to be pretty good but E*trade has dropped them down to essentially nothing..basically down to the same levels as ordinary retail banks. I think you'd be better of putting your unused brokerage firm cash in a money market fund or just investing it straight up into an ETF or something. 410740 2009-10-15T08:12:46-07:00 John Etrade isn't too bad as far as minimum balances and maintenance fees go. I know some people gripe about the quarter fees they charge, but that's only for people with next to nothing in their accounts or who never use their accounts to invest or trade in years. For people with a few thousand there are no fees whatsoever. I've never been charged any inactivity fees but then again I trade a few times a year at least and have a bit over $10,000 invested in my little Etrade broker account. For Etrade, it's a $1,000 minimum to initially fund for cash accounts and $2,000 for margin accounts. I can live with that. But I think overall Etrade provides a lot of services...good value as they say.