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E*TRADE vs Wells Fargo/Wellstrade. Both E*TRADE and Wells Fargo/Wellstrade have a flat fee structure, meaning regardless of how many shares you trade, you will always be charged the same base fee. The fee at E*TRADE is $6.95 USD / trade, which is cheaper than Wells Fargo/Wellstrade. The latter broker charges $8.95 USD / trade. While fees are significant when selecting a broker, it is also extremely important to consider additional criteria such as account requirements, broker expectations, and trading habits.
Wells Fargo Lowers Requirements for Free Stock Trades. February 13, 2007 By 43 Comments. Wells Fargo is now offering 100 free online trades per year if you have $25,000 in brokerage equity, loan balances, or deposits with them (down from $250,000). This seems to be in direct response to Bank of Americaâs Free Trade program, which requires $25,000 in cash deposits.