People with ameritrade account: Does it have inactivity fee?

[Argo]

I know e-trade has $25 a quarter inactivity fee. Tried looking for that on ameritrade web-site, but they don't mention anything about inactivity fee (gee, what a surprise).

 

[DaveJ]

Yes, they do. It's $15 a quarter IIRC.

Dave

 

[Argo]

I'm finding controversial info on the web. What do they mean by inactivity? Is it when I have balance bellow $2,000 (not a problem for me), or when I do not conduct any trades in a quarter (this could be a problem).

 

[Dissipate]

Originally posted by: Argo
I'm finding controversial info on the web. What do they mean by inactivity? Is it when I have balance bellow $2,000 (not a problem for me), or when I do not conduct any trades in a quarter (this could be a problem).

Not sure but I would think if you didn't do enough trades. See they usually only make money when you do trades, they don't like dormant accounts.