The ETrade Bank was founded in 1982. The first trading operation with them was performed in 1983. The company has Retail 30 branches across the united states with headquarters in Arlington, VA. The company has more than 4100 employees. They are recognized as one of the first online brokerage firms of the United States of America. They are offering powerful trading platforms to make trading easy and effective.
E*trade is providing brokerage and banking services for individuals and corporates. The company is running on a big scale and dealing with big investors and clients. They started with online trading services but later they have added banking services and retirement plans to deal with a large number of clients. On February 20, 2020, Morgan Stanely announced the $13 billion deal to acquire ETrade, which is expected to complete by the end of this year.
Offering multiple trading, banking, and retirement services.
Multiple ETrade Bank Account types.
24/7 great customer support.
No commission on Stocks and EFT trades.
Access to advanced research material.
Advanced trading platforms including great mobile trading platforms.
Difficult website and hard to understand the service requirements.
Higher fees charges for less frequent traders.
ETrade is offering almost all kinds of services that an investor needs. It does not matter you have a small investment or big they have plans and services for you according to your needs. They have a wide list of options trading, futures, stocks, EFTs and mutual funds for trading.
If you want to depend on the third party information about investment, then you are at the right place as they are providing educational research-based material.
However, almost all the information they are providing is the third party based. But you can learn from their video tutorials, online courses, webinars, and other market research material.
E*Trade Customer Service
ETrade has 30 branches across the US. You can also reach their customer support via phone, email and live chat 24/7. No matter you are a big or small client they have equal value for you as others. So you will always like their strong customer support.
E*Trade Fees/ Commissions
ETrade has a goal to provide the best services on affordable fees. They are not charging any commission on stocks and EFTs. Options trading start with $0.65 per contract. but, if you are a frequent trader and make more than 30 trades per quarter then you have an exception as they will charge only $0.50 per options contract.
|Leverage||Up to 1:50|
|Headquarter In||Arlington, VA|
|Spread||Not Available Pips|
|Trading Instruments||Currencies, Stocks, EFTs, Bonds, Mutual Funds, Retirement Accounts.|
|No Deposit Bonus||N/A|
|Other Bonus||Get Up To $3000 Cash Credit|
|Trading Platforms||E-Trade Web, Power E-Trade,E-Trade Pro|