How our offer works

Get up to 500 commission-free trades, plus up to a $600 cash credit.

Open an account

E*TRADE sometimes provides its customers with cash credits or special offers related to the opening or funding of accounts or other activities. E*TRADE credits and offers may be subject to U.S. withholding taxes and reporting at retail value. Taxes related to these offers are the customer's responsibility. Cash credits for Individual Retirement Accounts are treated as earnings for tax purposes.

Here's how to get your commission-free trades:

  • Account must be funded within 60 days of account open with funds from outside of E*TRADE.

  • Deposit at least $10,000 into your new account.

  • You will receive up to 500 commission-free stock or options trades executed within 60 days of the deposited funds being made available for investment in the new account (excluding options contract fees).

  • You will pay commissions of $6.95 for your first 29 stock or options trades (plus 75垄 per options contract) and $4.95 thereafter up to 500 stock or options trades (plus 50垄 per options contract).

  • Your account will be credited for the commissions within a week of the executed trade.

  • You will not receive cash compensation for any unused commission-free trades.

  • Stock plan account transactions are subject to separate commission schedule.

Here's how to get your cash credit:

Credits for cash or securities will be made based on deposits of new funds or securities from external accounts made within 60 days of account open, as shown in the chart below. Your account will be credited within one week of the close of the 60-day window, as follows:


Deposit or Transfer

$2,500 + commission-free trades $1,000,000+
$1,200 +聽commission-free trades $500,000鈥?999,999
$600 +聽commission-free trades $250,000鈥?499,999
$300 +聽commission-free trades $100,000鈥?249,999
$200 +聽commission-free trades $25,000鈥?99,999
Only聽commission-free trades $10,000鈥?24,999

More important information

Offer valid for one new E*TRADE Securities non-retirement brokerage account opened by 12/31/2019 and funded within 60 days of account opening with $10,000 or more.

New funds or securities must: be deposited or transferred within 60 days of enrollment in offer, be from accounts outside of E*TRADE, and remain in the account (minus any trading losses) for a minimum of six months or the cash credit may be surrendered. Multiple deposits made to eligible accounts will be aggregated and will receive a credit on a pro-rata basis once the new account has been funded with at least $10,000.

Excludes current E*TRADE Financial Corporation associates, non-U.S. residents, and any jurisdiction where this offer is not valid. You must be the original recipient of this offer to enroll. This offer is not valid for E*TRADE Securities retirement,聽E*TRADE Futures, E*TRADE Bank, or E*TRADE Savings Bank accounts. One promotion per customer. E*TRADE Securities reserves the right to terminate this offer at any time.