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E*TRADE Complaints & Reviews - Inactivity Fees

Review all E*TRADE complaints

E*TRADE

Posted: 2010-01-16 by   aquanut
Inactivity Fees
Complaint Rating:  0 % with 0 votes
Company information:
E*Trade
United States
Phone: 800-387-2331
etrade.com
I was hoping to find a way to reverse 5 (FIVE) years of inactivity fees which they started charging me once I turned off paper statements. If I had been getting a paper statement I would have done whatever it took to stop these exorbitant fees. I only had 2 stocks with $2000 in the account and actually forgot about them until I wanted to transfer them to another brokerage account. They have been stealing all of my cash dividends which I have been paying taxes on for five years and STILL charging me $40 a quarter for an Inactivity Fee!

Now before I can transfer these stocks I have to pay over $800 in Inactivity Fees and $60 to transfer and close the account.
Comments United States Business & Finances
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