ETrade

Perfect for what I needed

Great level 2, small margin requirements, easy to find shorts, decent fills pre-market, easy to use, good customer service, overall a good experience if you need a place to go under $100k in your account.

Trust Score

1.8

User’s Review Ratings

Overall

Great broker

I just got started with ETrade (and trading in general) a few months ago! So far, ETrade has been great! Great customer service and helpful tools.

Trust Score

1.4

User’s Review Ratings

Overall

Better Than Others

Etrade is a solid broker, but I wouldn't use them if you are an active trader as their commission rates are too high for active trading. A good broker for swing trading. They have a solid platform. I like that you can have both a brokerage and checking account with them and can transfer money between the 2 accounts.

Trust Score

1.0

User’s Review Ratings

Overall

Great Platform

I really like Etrade PRO. It is great if you only have one monitor to use, as you can set a lot of "virtual screens" up and just scroll side-to-side or up-down to view the virtual screens. They have higher option commissions than TD Ameritrade, so I only use ETrade for stock trading.

Trust Score

3.7

User’s Review Ratings

Overall

used to be great but now..problems

a lot of problems with the platform etrade pro lately, and orders not cancelling what is up with that? cost me and many others a lot of money, but overall they are great, platform is user friendly and fits nicely on my screen setup

Trust Score

4.2

User’s Review Ratings

Overall

Great platform for going long

I really like there power trade pro as it is a great platform and very easy to use. The trade costs are pretty high but around the same as their competitors. The only down side about this broker it that you can't find shares to short on penny stocks.

Trust Score

1.3

User’s Review Ratings

Overall

Expensive but Reliable

Etrade is not the cheapest broker out there if you make a ton of trades like I do, but they are very reliable. The platform and charts are top of the line and you don't have to worry about crashes and things you have to worry about with other discount brokers.

Would be able to give 5 stars if commissions were cheaper, but I have been using them for 5 years and that is the only complaint I have. Customer service is almost always available with little or no hold time.

Trust Score

1.5

User’s Review Ratings

Overall

Good for investors

E*Trade is good for investors and long biased active traders.

Advantages:

Good Pro trading platform with a nice Level 2. I love their Level 2.

Nice attractive charts

A lot of features on their website for investors.

The application process was uncomplicated and no hassle.

Easy funding process via Ach.

Customer service was good and willing to go out of their way to help me.

Disadvantages:

Hard to find shares to short for small caps.

No software or website to tell you what shares are available to short.

Commissions are high.

Need to make over 30 trades per quarter to keep using the Pro trading platform.

Sometimes the Java based Pro trading platform freezes.

Overall 4 stars. Good but not perfect.

Trust Score

10

User’s Review Ratings

Overall

decent but not great

Customer service was pretty good. Their new trading platform is pretty good. Their fees are not the lowest, but they should be. They need to lower their trading fees if they want me to give them more business.

Trust Score

1.5

User’s Review Ratings

Overall

Great Customer Service, Platform is getting better

the web platform is getting better all the time. You can get lower rates and more leverage with prop but it requires a licensing process and more of an investment. for trading gld, gdx, xle, ung, slv, and a few other ETFs, the account holds its purpose. I'm also paying $6.95 a trade because of some long-term customer deal. I suggest you check them out. Thinkorswim is good too.

Trust Score

2.6

User’s Review Ratings

Overall