"eTrade used to have the fee, no doubt about it (I got socked for about $300 worth), but they only took it out if you had a cash balance or when you actually sold a stock.
It is illegal for them to sell your shares unbeknownst to you.
The activity fee went away in the past couple of months-- I think enough people were jumping ship because of it-- you had to either have 3 separate ACH deposits of $1k or more in a quarter (meaning, adding $12k to you account a year-- no thanks), OR have a total account balance greater than $10k."
savvy999 commented on Morning Deals
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