$5 Trades from Etrade

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]

$5 Trades from Etrade
For a limited time Etrade has reduced their brokerage commission to $5 on stock and trade options when we open a new E*TRADE Complete™ Investment or Power E*TRADE Account by 30th September, 2008 with a minimum $1000 deposit.

In addition they are offering FREE access to independent research from leading sources like Thomson Reuters and Sabrient, advanced investment tools like the Portfolio Analyzer and Intelligent Investing Optimizer, an easy-to-use website for simplified online trading and unlimited real-time streaming quotes.

  • Expires: 30th Sep, 2008
  • Commission Fees: The new account holder will pay a $5 commission plus an additional 75 cents per options contract fee for each stock or options trade executed online for 12 months after account opening.
  • Conditions:
  • Offer only applies to a new account opened with a $1,000 minimum deposit.
  • Offer valid for one new E*TRADE CompleteTM Investment or Power E*TRADE 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.
  • Limit one new account per customer and cannot be combined with any other offer.
  • Etrade reserves the right to terminate this offer at any time.
  • Early Redemption Fee: To discourage short-term trading, E*TRADE Securities will charge an Early Redemption Fee of $49.99 on redemptions or exchanges of no-load, no transaction fee funds that are held less than 90 days. Direxon, ProFunds and Rydex mutual funds will not be subject to the Early Redemption Fee.
  • Investment recommendations are only available for portfolios with $50,000 - $250,000 of investable cash.

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