Etrade Lowered My Commission From $9.99 To $7.99

When I first opened my account with E*TRADE, the trade commission was $12.99. You needed to have a minimum balance of a certain amount to qualify for a $9.99 commission. Sometime later, the commission was lowered to $9.99 for everyone. Currently the pricing rate is like this: the standard commission is $9.99 per trade for 0-149 trades a quarter, and $7.99 for 150+ trades a quarter.

Last week, I received a call from an E*TRADE representative. He told me that because of a negative feedback I gave them on a survey, they decided to lower my trade commission from … Read more