#7 eTrade

eTrade Reviews

Service Review
E*Trade are the pioneers in online trading services that set an example for numerous online brokers.  They hold stock trading experience of more than 20 years.  For both the casual traders and investor, E*Trade seems appealing as it offers them with a variety of services and multiple investment options.

The pricing schedule of E*Trade is tiered to suit your needs under circumstances when you earn beyond 1,500 trades in each quarter or possess $50,000 in terms of assets.

E*Trade has been the earliest online trading service that still exists and guides the newer services regarding business deals. Apart from catering the needs of fresh investors, it also provides modern day amenities for leading traders. Alongside in-depth research it also offers quality tools for investors that are designed professionally. In case you choose do a lot of trading, you must opt for E*Trade. These days even the small traders are depending more on E*Trade due to its quality services.

Types of Investments

With E*Trade things become a lot easier when you seek right kind of investments that you require to get your portfolio diversified. A few basic forms of investment are being offered by them e.g. exchange-traded funds, mutual funds, bonds and stocks. Different types of fixed income investments are being offered by them.

Commissions & Fees

The commission schedule has been tiered in the following way: Pay $9.99 for each trade when you make below 150 trades per quarter, and pay $7.99 for each trade when you make more than that. Options trades will also bear a similar pricing.

Highlights

  • E*Trade bears some 20 mortar and brick centers all over the country. E*Trade centers are established in select states: California, Washington, Texas, New York, Michigan, Massachusetts, Illinois, Georgia, Florida, District of Columbia, Colorado and Arizona.
  • You may get in touch customer service reps via email and phone. Their securities line is available 24×7. Excellent customer service by phone or live online chat
  • For a fresh trader, their website is quite informative and useful. Any seasoned trader will find it useful to seek fresh orders and establish new terms. The process of requesting orders through the desktop and the very purpose of various orders are being explained in a step-by-step approach within the tutorials offered in the website.
  • Web based tools compatible with most web browsers

Investing & Trading Tools
You’re likely to achieve a much bigger control over your deals as E*Trade provides you with a trading interface that is entirely customizable. The trading features that are being offered are fully automated e.g. bracketed and contingent trades, hidden stops and trailing stops. The educational tools and resources that are of value include a tax center, retirement planning, calculators and articles. For cash transfers and trading stock and options, you may go through watch lists and view real-time quotes with the use of Mobile Pro, the Blackberry’s app. The technology used in Blackberry Bold exactly fits in with this app.

Summary
E*Trade was established in 1982. They are being known for offering a steady trading platform online for real traders. If you’re regular and eager to pay for in-depth advice and exemplary service, then E*Trade is certainly the right place for you.

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Rating: 3.4/10 (5 votes cast)
#7 eTrade, 3.4 out of 10 based on 5 ratings

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