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E*TRADE Bank

https://us.etrade.co..
Category: Banks
E*TRADE Financial Corporation, through its subsidiaries, provides online brokerage and related products and services primarily to individual retail investors, under the brand name of E*TRADE Financial worldwide. It offers various brokerage products and services, including automated order placement and execution of the U.S. and international equities, currencies, futures, options, exchange-traded funds, mutual funds, and bonds. The company also provides quick transfer, wireless account access, extended hours trading, quotes, research, and advanced planning tools. Its banking products and services include checking, savings, sweep, money market, and certificates of deposit products. E*TRADE Financial primarily provides its services through its Web site at etrade.com, as well as through its network of customer service representatives, relationship managers, and investment advisors.
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Great low cost, basic service brokerage
E*Trade offers a lot of services can can meet the needs of most "arm chair" traders. They have good resources, so-so charts, but PHENOMENAL customer service.

As far as trading equities, E*Trade can get the job done. To get more out of your broker you are also going to have to pay more; I think E*trade has positioned itself as a good value for many investors out there who aren't day trading for their living.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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They try hard Good tools but lots of cons for active traders
Had too many frustrating experiences to continue doing business here.

Long wait times and slow security screening for account access via C.S.

As an active trader that enjoys volatility It's necessary for me to be able to get quick help with orders problems , platform issues etc...

Trading high volume of mostly OTC's with E*trade has been a nightmare. I was changing a a large which ended up pending cancellation for 20 minute ( the amount of time it took to get a CSR and go through the tedious security process ) .

Order routing is bad for OTC's.

Not a bad broker but if you are active in OTC's you can do much better than E*trade.

Bottom Line

For your average investor Etrade is fine. Even a step ahead of TD in my opinion.

For seriously active TRADERS that use OTC's your going to want to shop around.

Interactive Brokers is nice or maybe a prop firm like Broad St or Affinity if you don't mind taking the S56.

It sure is nice to call CS and have them recognize you by voice and get to the heart of the matter as opposed to reaching a different rep each time that has to take a serious amount if time to screen you for security clearance before they can even talk to you about your account and or problem position.

This is a fast moving market and traders need quick help for urgent trade related issues.

Sorry E*Trade. It's been real.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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Jgervasi Kittery, Maine

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Negotiate your Fees!
I was paying $9.99 when I started with them!!! Negotiate. I'm not paying $4.99!!! Their customer service is excellent (top notch). The tools are cool...but don't get hosed on the trading fees.

Michael McDonald

"Trading Information @ Your Fingertips!"

www.eyeintheskyscreener.com

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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Mmcdonald2khome Brookings, Oregon

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