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E*Trade charges $9.99 for stock trades, with an additional $45 charge for broker-assisted trades. Active traders (150 or more trades per quarter) are charged a lower rate ($7.99). Options trades follow the same basic stock commission structure, with an additional $0.75 tacked on for each contract.
The per-trade price cuts by the well-known industry players put their costs below those of TD Ameritrade and E-Trade, which charge $9.99. Fidelity and Schwab are now competitive with low-cost providers like TradeKing, which also charges $4.95 per trade.