What are the fees associated with buying and selling cryptocurrencies on M1 Finance and Etrade?

1 answers

• May 10, 2022 · 3 years ago
  When it comes to buying and selling cryptocurrencies, M1 Finance and Etrade have different fee structures. M1 Finance does not charge any trading fees or commissions for cryptocurrency transactions. However, there might be fees associated with the underlying ETFs that hold the cryptocurrencies. These fees can vary depending on the specific ETFs you choose. On the other hand, Etrade charges a commission of $6.95 per trade for cryptocurrency transactions. This commission applies to both buying and selling. It's important to compare these fees and consider your trading volume to determine which platform is more cost-effective for your cryptocurrency trading activities. Please note that this information is accurate at the time of writing and may be subject to change. For the most up-to-date fee information, it's recommended to visit the official websites of M1 Finance and Etrade.
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