I have been a user of E-Trade for a little over a year now. I am a 24 y/o now and began my first investing account using this site. Over the course of my tenure I have only had to call E-Trade once about a problem I had trading and the issue was resolved quickly with no additional fees. Recently, I opened a Roth IRA as well on this site and may soon look into their debit card plans.
Transfers: Easy, Efficient, and can Set up a solid schedule. (Warning first transfer holds your funds for nearly two weeks).
Research: Access to multiple SEC Filings, Analyst Research, Fundamentals, basic investment knowledge, and some basic technical analysis.
Reliability: Always up, always fast executions, no problems.
Trading Types: Definable levels for standard,options, margin trading. Forex/international all in one place
Tax Forms, Portfolio Tracking, Accounts all in One place
High commission for low account value compared to competitors (12.99) (9.99 if portfolio over 50k or 30+ trades a quarter).
Stock screener not overly helpful
Based on my experience with E-Trade I have decided to keep my funds here for the long term. My comfort level has continued to grow and I am looking towards taking advantage of additional accounts. Using their watchlist, realtime quotes (with E-Trade Pro - very fun tool), and reading SEC Filings I have succeeded int he present market. Commissions might steer away sticklers but I like trading with no hassle and E-Trade has proven this to be the case.
This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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