Investment Brokerage
from E*Trade

E*Trade, which has 4.3 million customer accounts, offers a wide range of investment choices, including domestic and global stocks, options, mutual funds, exchange-traded funds, and bonds. The brokerage charges commissions of $6.99 to $9.99 per trade for more active stock investors; those with less than $50,000 in E*Trade accounts pay $12.99 commissions. Margin rates from 4.24% to 7.24%.

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Investment Brokerage Reviews

2.0
Dec 3, 2008 12:45 am

The company I work for has stock options so they opened my account at E-trade. I never had any problems, but then the company I work for was bought and all my stocks were cashed out. I decided to take the money out of E-Trade. They did not make this easy and customer service was not very friendly. I did eventually have the money electronically transferred out, but they kept the change. Not that it was that much, but I find this practice of only transferring out whole dollar amounts suspect. I don't know how many people close their accounts each day, but I don't like the fact that they kept $0.88 of my money and everyone else's who closed their accounts.
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3.0
Staff
Oct 10, 2008 5:37 pm

I'm not especially savvy about the market, so I don't know what terms like "stop" and "limit" mean, and it could be easier for novices to find helpful information in the context of placing an order, etc. But for the basic operations of buying and selling stocks, this account is serviceable and reasonably inexpensive.

4.0
Jun 24, 2008 9:45 am

Etrade has a great real-time platform, offering a true in-depth view of the market and offers commissions that are reasonable if you trade often. While you can certainly make your own decisions, Etrade has an options desk that will help you place the more complex trades. If you're a novice, keep it simple.

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Type Today Week Ago
15 Year Fixed 4.73% 4.73%
30 Year Fixed 4.98% 4.98%
1 Year ARM 3.99% 3.99%
5/1 Year ARM 4.51% 4.51%
Type Today Week Ago
Line of Credit 4.50% 4.50%
10 Year Loan 7.68% 7.68%
15 Year Loan 7.83% 7.83%
Type Today Week Ago
Interest Checking 0.33% 0.33%
Money Market/Savings 0.58% 0.58%
12 Month CD 2.02% 2.02%
60 Month IRA CD 2.94% 2.94%
Type Today Week Ago
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No Annual Fee Cards 10.97% 10.97%
Reward Cards 11.52% 11.52%
Small Business Cards 10.60% 10.60%
Student Cards 13.15% 13.15%
Platinum Cards 10.94% 10.94%
Provided by Informa 01.09.09