E*Trade Financial

CONSUMER RATING based on 1 reviews
Years ago, it may have been a wise financial move to sock away earnings into a savings account and watch it accrue interest. However, those days have are gone, and money sitting in a savings account is eliminating extra income. Getting into the stock market, trading stocks, and buying into funds does not have to be an expensive and overwhelming process. A prominent leader in a crowded field of online stock trading brokers, E*TRADE has consistently won five-star ratings for trading tools, research and customer service. With E*TRADE, individual investors can let their money work for them through an easy to use online brokerage with very competitive pricing.

E*TRADE offers extensive services for both the investor who wants to take a position and hold it for a certain amount of time and the trader who is active on the market daily. The full array of tools that are offered to help generate profits includes:

- Free independent research on all relevant financial areas that include US and global markets, quotes, news, charts, stocks, options, ETFs, mutual funds, bonds, futures, Forex, cash management, and other investing insights.

- Unlike most other online brokerages, E*TRADE offers a full scope of financial planning with live financial advisers that are always available for consultation.

- Traders have access to live stock charting and screening tools, advanced analytic tools and real time stock quotes.

- For investors E*TRADE offers full account management along with portfolio and risk analysis that can be performed on current positions.

- The education opportunities on E*TRADE are available for traders and investors at every level. Clients have access to free market commentary from E*TRADE analysts, live web seminars that can be viewed later on demand, three minute educational videos on a variety of topics, and interactive tutorials and demos.

Whether you want to actively trade or invest, if you are ready to take your financial future into your own hands head over to E*TRADE today. Learn more about your financial options, get expert advice, and start reaping rewards from your money working for you.





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Bryan
Bryan
1 reviews

E*Trade Financial Review:

As a young man, I was extremely frivolous with money. From my very first job in fast food where I made $5.25 an hour. As soon as I got my check it was straight to the nearest cashing depot. I never once thought about saving anything unless it was to buy the latest video game or new pair of sneakers. After high school I attended college where credit card companies flood you with credit applications as soon as you hit campus. This began the down spiral of my credit score. Once I finally finished college with my amassed debt, I decided to start a family and take a crack at this responsibility thing and began preparing for my future.

My knowledge of banking has always been adequate. I knew that finding a savings account that yielded the highest percentage rate would work in my favor. I never once considered buying stocks and building a portfolio because I believed that type of thing only happened on Wall Street,that the guys in the nice suits watching all of those meaningless numbers scroll across the big screen were the only ones with access to that sector of finance. That is until I saw a commercial about buying stocks online. Knowing absolutely nothing about the stock market and how it works, I managed to convince my wife of putting some extra cash aside to gamble some of our income on the rise and fall of the Nasdaq and S&P 500. Suprisingly she was just as excited about this new experience as I was.

After some extensive research we found that with just a 500 dollar minimum deposit, we were able to link our wells fargo bank account to a new Etrade Complete investment account,and join the the world of stock options and trades. We even got to name our account "Swiss Family Robinson". After about a week of cash transactions and confirming our accounts we were ready to begin.

Etrade provided us with enough educational resources to understand the basics of online trading,and familiarize ourselves with the terminology necessary when attempting to secure financial stability. This is no get rich quick scheme it takes lots of research time and money to achieve greatness on the sock market ,and at 7.99 per trade, we quickly realized that we would have to attain more capital to purchase enough shares to produce any sort of real profit. All in all I recommend this product to anyone interested in investing in stocks, mutual funds, forex or just opening a checking account.

Pros: The educational resources and online customer service agents are very helpful in explaining any complex situations that may arise. A novice trader can earn alot from the Etrade professionals.

Cons: Even though there is only a $500 minimum required to start an account, I believe that you need a lot more investment capital to make any sort of real progress in profit. If you make less than 150 trades per quarter the price is $9.99 per trade.

Amount Paid: $500.00 minimum required/ $7.99-9.99 per trade

Purchase Date: 04/01/2008

Online or In-Store: Online

Recommended: Yes

Overall Rating: 4 Stars



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