Stock Reorganization Fee Etrade. So today they do another reverse split and Etrade charges my

So today they do another reverse split and Etrade charges my account with a $38 "Mandatory Reorganization Fee". Its margin rates are high. Theres some exceptions, like buying a stock that's on an obscure foreign exchange. Etrade has lot of hidden fee. , tender, exchange, etc. We would like to show you a description here but the site won’t allow us. 00 reorganization fee Learn all about trading commissions charged by E*TRADE, plus any other fees at E*TRADE including inactivity and withdrawal fees. These expenses can include But I really want nothing to do with Etrade anymore. I didn't get any money back for the stocks I lost during a reverse split. $38 for reorganizing reverse Split. charge a reorganization fee when there is a reverse stock split. Turns out the company went through a merger and since I wasn’t paying attention I didn’t know about it or that E I was forced to pay a reorganization fee with no warning at all. This process turned what did not equal a full stock to be sold off. Additional regulatory and exchange fees may apply. One of my held stocks XSPA went through a reverse stock split of 3 to one. Discover how you could enjoy $0 commissions for online US-listed stock, ETF, mutual funds and options trading. Below is a summary of the types of fees charged by E*TRADE Securities and E*TRADE Capital Management. 48, i hadnt payed attention to the reorg (on me) and the fee was 79x the value of the shares. View all E-Trade has a wide variety of valuable tools and easy-to-understand resources that offer a lot of value for beginners. The fee is also charged on some share exchanges where stockholders have no choice in the What is the etrade reorganization fee and how does it impact my investments? The ETRADE reorganization fee is a charge imposed when a company undergoes a corporate action like The Reorganization fee of $38 is intended to cover the expenses incurred by these professionals and the administrative costs associated with the reorganization process. I will be selling my share (now worth $2), paying my fee, and closing the account (like I should have done 15 years ago). This happened Read our 2025 E*TRADE review to see how powerful research, versatile platforms, and diverse investments make it a top choice for all investors. On February 20, 2020, Morgan Stanley agreed to acquire E*TRADE in an all-stock transaction, through which E*TRADE stockholders will receive 1. Sometimes I find myself to be SUCH an embarrassment. E-Trade just charged me a mandatory transaction fee of $38 (!!) for a reverse split I hold a very small position of NGE, a fund that has been steadily declining in value. I had a stock that did a reverse split. 65. This is similar to brokers . Anytime there is a ticker change, split, you get E*TRADE from Morgan Stanley offers $0 commissions for online US-listed stock, ETF, mutual fund, and options trades - other rates and fees may apply. The fee would be charged regardless of rather I sold Know your broker and their fees. If you're that concerned about a reorg fee, maybe try decent securities instead Morgan Stanley E*TRADE ACATS fee to transfer out stocks in full/partial account transfer. It is charged when a security in your investment portfolio undergoes a corporate action like a merger or acquisition. This fee can impact The stock reorganization fee is a charge imposed by a brokerage when a company undergoes a corporate action like a merger or split. They call it a "Reorganization" fee. The reorganization fee for TD Ameritrade is 38. Checked my account and had like 600 in fees hit over the past year or two from it Reply reply [deleted] • Re: Margin call? by toot101 » Fri Jul 23, 2021 3:03 pm As a side note, I did notice there was a reorganization fee of $38 charged, which I think is what put me in the negative. Depending on the amount of shares you had yes you may not get any shares in the results instead cash in lieu. Anyone else have this happen? It sure blindsided me! Edit: looking back at my E*Trade charge $38 (see Reorganizations under Other fees), TD Ameritrade charge $38. However, for actually trading stock options the website and etrade pro E*TRADE fees on stocks, trades, accounts. The reorganization fee occurs when there are stock splits, mergers, and acquisitions with a security. I used to have day trader status with them (over $25k) so I never had to worry about $38 reorganization fees they would just be I understand that if I hold stocks during a reverse split in an etrade brokerage, I will he charged a reorganization fee. If you know the company is going to do a split, and this fee is of a If your broker needs to re-register a stock in your account due to corporate changes, you will pay a reorganization fee. E*TRADE transfer fee (outgoing). Also, eTrade hasn't crashed anytime theres. For stock plans, log on to your stock plan account to view commissions and fees. $38 was taken out of my account. The fee is usually a percentage of the total value and is deducted from the user's Were there reorganization fees charged to everyone? Is that an Etrade specific or all brokerages? : r/amcstock Scan this QR code to download the app now     TOPICS Gaming Sports Open a brokerage account with E*TRADE. For a detailed list of fees and pricing, visit etrade. It wasn’t penny stocks, as I didn’t want to pay a 6. Splits fall under reorganizations. 0432 Morgan Stanley shares for each E*TRADE share at eTrade handles reorganization fees for digital assets by charging a fee based on the value of the assets being reorganized. Does E*TRADE charge fees? E*TRADE commission to buy stocks on NYSE and NASDAQ exchanges. Reorganization fees are charged to cover the cost for TD Ameritrade to re-register the stock involved I was charged a Reorg fee for SDNL’s reverse stock split, I no longer own the stock (I had one and now it’s just poof gone) and I was charged $38 There is no maximum commission charge on ADRs. The most common type of corporate action that incurs a mandatory reorganization fee is a What is a mandatory/voluntary stock reorganization fee: Etrade, Charles Schwab, Fidelity, Webull. People have been calling their brokers and Fast forward a few years and I have 150+ stocks and they've all done well, except that Ameritrade is for-ever charging me mandatory reorganization fees of $38 and similar fees. ETrade and TD Ameritrade both charge that fee which goes right into their profits. How do I report this on my tax return? Thank you. This is a flat service fee for the processing of the corporate action. I was searching for a refund of this fee. by Scott M. It impacts your So today they do another reverse split and Etrade charges my account with a $38 "Mandatory Reorganization Fee". How to avoid it? theorudy SBR Hustler Join Date:09-12-13 Posts:72 #3 09-04-22, 10:51 AM A detailed view on E-Trade fees: see how much you'll pay when you use E-Trade platform. ) In the following agreement, the words “we,” “us,” “our,” “Morgan Stanley,” “Morgan Stanley Wealth Management,” and “E*TRADE from Morgan Stanley” refer to Morgan Stanley Smith Barney I was charged $38 for a “reorganization fee”. With E*TRADE you can trade stocks, options and ETFs commission-free. e. I just talked to my "elite" team from Etrade and they said 38 dollars flat fee. The reorganization fee for ETRADE is 38. Etrade has a customary fee. The retail online $0 commission does not apply I cannot find information detailing what securities these fees apply to; if I’m not holding shares, but I have short puts, will I be charged? I’ve gone through their pricing page, which specifies that the In August 2023, the company we organized and charged you a $38 reorganization fee. I held 3 shares, but TD Ameritrade charged me a $38. It sounds to me like a reorganization fee which are usually $38. There are so many other brokers that do not. Non-trading fees The cash call just happens when you go negative and owe money. You may see two different types of organization fees: mandatory reorganization fees and voluntary reorganization fees. I also have a Fidelity account for IRA, 401k and HSA, earns almost 5% for overnight sweeps. Dafuq. You'll still pay a fee to trade certain securities, including futures, as well as a per-contract fee of $0. It is always a flat fee of $38 and is not It is probably hidden somewhere but, while I knew BIOC was doing a reverse stock split, I don't recall seeing any Prior notice of the amount of the reorganization fee or even that a Does Morgan Stanley E*TRADE have hidden fees? E*TRADE inactivity, monthly charges, per trade cost at brokerage and ROTH IRA account. Is there any other trading Reorganization fee is listed in the pricing/fees page for reorganizations. It’s a reorg fee of $30, maybe they’ve increased it but I’ve been burned once on it and now I know. Hi! This fee applies when a security you are holding has gone through a mandatory reorganization. But my account Discover how companies initiate stock splits when their share price rises to an unusually high level, how they work, reverse splits, FAQs and how to I can confirm. Etrade charges a restructure fee. Discover how E*TRADE's easy-to-use platforms and solutions could work for you, including automated investment management, investing & trading, THIRD-PARTY FEES ADR Custody/Depository Service Fee6 Varies/per event ADR Dividend Payment Fee Varies/per dividend payment ADR Termination Fee Varies/per termination Physical Certificate E*TRADE from Morgan Stanley on Twitter: "@morganrbenoit There's a $38 reorganization fee when there are stock splits, mergers, and acquisitions with securities. Massive buy or sell Etrade, TD, Charles Schwab, etc. Anyone else have this happen? It sure blindsided me! Edit: looking back at my My broker charged me a fee for several of my stocks that had a reverse split. Was on the phone with them for over an hour yesterday about something else and completely forgot to complain about it. E*TRADE Fee For Buying and Selling I’m on ETrade and I have been charged more than one “reorg fee”, and now have no APE stocks and 2 AMC stocks, after having 11 APE and 11 AMC originally, AND am like -$77 for cash balance. 1 thing that sucks at etrade is the brokerage account sweep interest rate is like literally nothing. The reorg fees weren’t much money overall, but I couldn’t think of any reason to keep doing business there if no one else was charging me reorg For options orders, an options regulatory fee will apply. Thankfully I begged her to cancel out For a detailed list of fees and pricing, visit etrade. , 5/30/2023 Pros: Cons: Review: ETrade is a horrible site for trading, if your an investor you can use it ok. 95 fee on top of dangerous spending. for options There are though a few fees that ETrade will charge for, such as wire transfer withdrawals, insufficient funds, and reorganization fees. $38 for reorganizing the reverse Merge on SPAC stock. This fee can impact your investment portfolio by Your account probably had multiple corporate actions which each incur a $38 mandatory reorganization fee. Can be waived, sometimes i had a reverse split (1:10) on 2 shares i owned that were worth $0. I love E*TRADE but they have some annoying fees. . Though i was safe buying stocks just to speculate, in a year I had over $300 in fees, after paying commissions. It wasn't deducted from the sales proceedings of all the stock transactions necessary to achieve the split into eTrade charging me $38 for each "company reorganization" WTF is this? I didn't even have $38 of two of the three stocks I was holding they lost so much value I just was riding it out, but I got an Per our commission and fee schedule, your account was charged a $20 mandatory reorganization fee. This fee is charged when a security in your investment portfolio undergoes a corporate action, such as a merger or acquisition. Charging those fees is seriously making me consider cheap stock - I mean, doesn't etrade want all those transaction fees from people buying those stocks? I'm dumping those small companies that I have That fee is charged when securities you hold go through a mandatory reorganization like a stock split, reverse stock split, exchange, name change, merger etc. For example, if one of your stocks has an upcoming split, you may be I have found out that many brokers do charge hidden reorganization fees in case of stock splits or mergers and similar operations, most common fee is $38 per security. Does anyone know if this I spoke to a rep today about the reorganization fee I was charged for MMTLP and explained to them how I had zero intentions of holding into next bridge. For example, I made a Fidelity account specifically for avoiding those OTC fees. As with any other bank fee - shop around. How is that fee determined and who gets You bought sundial stock obviously, and they did a 10:1 reverse split. I called the E-Trade customer service line and they explained companies can do this when their stock is tanking. - Your broker charges a mandatory reorganization fee when there is a Neither charged me reorg fees when eTrade hit me twice. Those happen most often in penny stocks when they reorganize Etrade charged me a Reorganization fee of a stock with 1 share worth less than $1. I was charged a $38 "Mandatory Reorganization Fee" by ETrade when a stock had a reverse split. This fee can impact your investments by reducing the I was hit with $128 in fees, over 3 charges, for the same reorg. ACB - Its a real crap stock E*Trades fees include many miscellaneous fees for account activity and some niche transactions, but there are no commissions on stock trades. Is this tax deductible? If not, do I add it to my tax basis? I have a position in a co that did a reverse split 1:10 and there was a mandatory reorganization fee charges. Voluntary Reorganization Fee Fee charged by Morgan Stanley when a stock goes through a voluntary corporate action (i. 65 per contract (or $0. I explained to Some investors wonder why E-Trade is still charging commission fees on stock trades when it appeared to have dropped them. View all Is there anyway to get reorganization fees refunded. The standard options contract fee is $0. Just use eTradeno commission and free trades. It has low options trading fees. Wouldn’t be a big deal if I had like 1000 shares or something. So I just got hit w a $38 “reorganization fee” for APHA going to TLRY. Ive tried contacting TD Ameritrade directly about a $38 “mandatory reorganization fee” assessed to my account for a 12 for 1 reverse split on a stock I own. 50 per contract for clients who execute at least 30 stock, ETF, and options trades per quarter). Charging those fees is seriously making me consider cheap stock - I mean, doesn't etrade want all those transaction fees from people buying those stocks? I'm dumping those small companies that I have Morgan Stanley E*TRADE fees schedule, commissions, broker stock trading cost, charges, online investing account pricing, mutual fund, IRA fees. com/fees. Called cust support, took a bit but i was My broker charged a "reorganization fee" in connection with some stock I owned. The ETRADE reorganization fee is a charge imposed when a company undergoes a corporate action like a merger or acquisition. To be clear, it is NOT per unit and a heads up, if the future holds a new CUSIP, there will be this fee as well. It appeared We would like to show you a description here but the site won’t allow us. Can anyone advise. That's when I realized that certain OTC stocks that aren't up to date on their paperwork aren't even purchasable on Fidelity E*TRADE from Morgan Stanley offers $0 commissions for online US-listed stock, ETF, mutual fund, and options trades - other rates and fees may apply. It helps offset the cost of processing the transactions and is shown in the "Account Back in November I logged into my Etrade brokerage account and was just reviewing my account activity and was surprised to see a line item for "Mandatory Reorg fee" for $20. How do I get some of my money back? : r/stocks r/stocks • by [deleted] There's no minimum account balance like most brokerages, and they already don't charge you to trade crappy penny stocks. ***Here is the kickerI do not own that stock that was charged for a OTC & Similar Fees: E*TRADE can charge fees for buying OTC stocks or reorganizations, which can turn your account negative and cause a So now I see ETRADE charged a mandatory reorganization fee of $38 to do the conversion? Just a warning, Etrade charges ridiculous reorganization fees also. (30$ or less in stocks and -$38 or less in cash) Because you had a negative cash balance, etrade forced the sale of What is the etrade reorganization fee and how does it impact my investments? The ETRADE reorganization fee is a charge imposed when a company undergoes a corporate action like Overall, E*TRADE charges low trading fees: It has low fees for trading stocks and ETFs.

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