Etrade account

1socrates1

Hi,

I have recently opened an etrade UK Equities account, and I have a few questions that hopefully someone here might be able to answer. I have bought a certain amount of shares and want to hold them and see what happens in this economic climate. Do I pay a penalty for an account that is not 'active'. If so how much would the penalty be? How many trades per quarter do I have to make to maintain an active account?

I have tried to look up these answers on the net and all I can find is info to do with the US based etrade accounts etc.

Thanks

Paul

purch

* E*TRADE Classic: There will be an inactivity fee of £4.85 per month (inc. VAT) if there are fewer than two trades on your account within a 6 month period. Once two trades are made within 6 months, it will be deemed active again in the month the second trade takes place and the inactivity fee will not apply from that month

https://uk.etrade.com/e/t/uk/dynamicpagerightrail?screen=2610&headertab=home

1socrates1

Thanks Purch, thats great.