How Much Does It Cost to Close an E*Trade Account?

Closing an E*Trade account is a relatively straightforward process, but there are a few fees you should be aware of. This guide will walk you through the steps involved in closing your account and explain the associated costs.

Steps to Close an E*Trade Account

Gather your account information. You will need your account number, username, and password.
Contact E*Trade customer service. You can call 1-800-ETRADE1 (1-800-387-2331) or send a secure message through the E*Trade website.
Provide your account information to the customer service representative.
Confirm your request to close your account.

Associated Costs

The following are the fees associated with closing an E*Trade account:

Account closure fee: $25
Transfer fee: $75 per outbound transfer

The account closure fee is a one-time fee that is charged when you close your account. The transfer fee is charged for each transfer of assets from your E*Trade account to another account.

Additional Considerations

In addition to the fees listed above, there are a few other things to keep in mind when closing your E*Trade account:

You must close all of your E*Trade accounts before you can close your primary account.
If you have any outstanding balances on your account, you will need to pay them off before you can close your account.
You will need to provide E*Trade with the address where you want your final account statement sent.

Closing an E*Trade account is a relatively simple process, but it is important to be aware of the associated costs. By following the steps outlined in this guide, you can close your account quickly and easily.

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