E*Trade Review 2024 (Expert Review)

E*Trade Review Summary

E*Trade has a variety of web and mobile trading platforms and robust capabilities. The website of E*TRADE is designed to simplify the process of trading stocks. You can enter various types of orders, including limit orders, stop orders, market on close, and limit order. With the web platform, you can also choose to use smart order routing, which enables the broker to access sufficient liquidity and minimize the impact of your orders on the market. In addition, you can route your own orders if you prefer. You can use E*TRADE to manage your investment accounts, if you wish. You can invest in stocks, futures, options, mutual funds, and ETFs. The site also offers managed portfolios, so you can focus on the areas that you're familiar with.

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E*Trade Platform Features

E*Trade main features and highlights
๐Ÿ—บ๏ธ Country of regulation Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)
๐Ÿ’ฐ Trading fees No
๐Ÿ’ฐ Inactivity fee No
๐Ÿ’ฐ Withdrawal fee No
๐Ÿ’ฐ Minimum deposit 0
๐Ÿ•– Time to open a E*Trade account 1-3. *A E*Trade demo account can be opened in a few minutes, but live E*Trade trading account creation times will vary depending on how long it takes to process your E*Trade KYC documents.
๐Ÿ’ณ Wire Transfer No
๐Ÿ‘› Depositing with electronic wallet No
๐Ÿ’ฑ Number of base currencies supported 1
๐ŸŽฎ Demo account provided Yes
๐Ÿ›๏ธ Financial Instruments offered Forex, Commodities, Indices, Stocks, Crypto, Futures, CFDs

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E*Trade Financial Regulation

E*Trade is regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA).

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E*Trade Pros And Cons

Regardless of how you trade, there is always a risk to online trading, as well as some key advantages to using such a method. Below are some key pros and cons. The pros of using E*Trade include a large choice of assets that are available to be traded 24/7; and a modern website and mobile app; video guides and chart reading tools to help you carry out fundamental and technical analysis; community features to help you learn from and integrate with other platform users. On the other hand, the cons of using E*Trade can be that the spreads offered on trading cryptocurrencies (Availability subject to regulation) are relatively wide; no mutual funds available to invest in; high risk meaning it is not often a suitable platform for new traders.

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E*Trade Advantages

One of the main advantages of using E*Trade is around the clock service and support as well as research offerings. Not only this, but E*Trade has reduced transaction costs and fees that are often associated with traditional brokerage firms. This provides users of E*Trade with greater flexibility and more control - time is of the essence when trading, and where traditional brokers require appointments just to initiate a trade, trading with E*Trade makes the process a lot quicker. Finally, users have the ability to monitor their investments in real time. E*Trade offers stock quotes and trade information, making it easy for users to view how their investments are doing.

  • E*Trade has been in business over 10 years.
  • E*Trade offers PayPal as a payment method.
  • E*Tradeoffers Islamic Accounts.
  • E*Trade offers Spread Betting.
  • E*Trade does not have inactivity fees.

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E*Trade Disadvantages

Although E*Trade has a lot of good points E*Trade does not offer the below.

E*Trade Review Risk Warning: Your capital is at risk.

E*Trade Review

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Things to understand when trading with E*Trade

Online trading on trading platforms like E*Trade have seen huge growth in the last 3 years. Trading with E*Trade requires that you take the time to learn how financial markets work and are able to trade with E*Trade using in depth technical analysis and E*Trade risk management trading tools. Trading with E*Trade involves risk. You should only risk capital with E*Trade that you can afford to lose. Understand your risk tolerance with E*Trade, and have a trading strategy that E*Trade is able to help you execute. E*Trade is a very accessible trading platform but you must take the time to be able to effective use the trading tools and financial instruments E*Trade give you access too.

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E*Trade Trading Fees

Trading fees on E*Trade are taken in the form of the spreads E*Trade offers when buying and selling financial instruments like stocks, commodities, fiat currencies and indexes on E*Trade. E*Trade fees vary depending on the financial instruments traded and can include, E*Trade overnight funding fees, spreads, margins and E*Trade inactivity fees, currency conversion fees, and a spread for applying a guaranteed stop order. There may be some fees when transfering money to and from your E*Trade account charged by your 3rd party payment provider if your E*Trade base currency is different from your E*Trade withdrawal method.

NameE*TradeIC MarketsRoboforex
Account FeesNoNoNo
Withdrawal Fees$0NoYes
Deposit FeesNoNo
Inactivity FeeNoNoNo
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Losses can exceed deposits

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E*Trade Financial Instrument Fees

E*Trade fees for Forex, Commodities, Indices, Stocks, Crypto, Futures, CFDs are listed below.

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E*Trade Stock Trading Fees

The majority of E*Trade trading fees, commission is either a flat fee per trade or calculated based on the number of traded shares. Several brokers do also offer zero-commission trading for stocks, ETFs, and options. A E*Trade stock trading fee is a brokerage fee that is charged when you buy or sell stocks. A trader may also pay commission or a fee for buying and selling other investments, like options or exchange-traded funds.

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E*Trade Forex Fees

Commission on E*Trade Forex trading can either be a fixed fee (i.e., a fixed sum regardless of volume) or a relative fee: the higher the trading volume, the higher the commission. The amount of money that a trader is charged for E*Trade Forex fees is based on their trade size. To calculate E*Trade Forex fees, one would subtract the bid price from the ask price to find the spread. A Forex broker keeps this spread as their fee/commission.

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E*Trade Cryptocurrency Fees

Aside from the price of the cryptocurrency itself, each cryptocurrency exchange adds a fee for trading, when customers purchase and sell coins. E*Trade cryptocurrency fees can vary, but most exchanges charge between 0.1% to 1% or more per trade. That means that if you've used $1,000 to invest in a certain crypto, the fee you will eventually pay for that transaction could be anywhere between $100 and $1,000. E*Trade cryptocurrency fees include a fee for the Maker (which adds to the order book liquidity through limit orders) and Taker (which subtracts liquidity from an order book through market orders).

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E*Trade Non Trading Fees

E*Trade non-trading fees include a variety of E*Trade brokerage fees and charges that a trader will pay which are not related to buying and selling financial instruments using the E*Trade trading platform. The most common non-trading fees include E*Trade withdrawal fees, E*Trade deposit fees and E*Trade inactivity fees.

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E*Trade Deposit Fees

E*Trade does charge deposit fees in some cases. When funding your E*Trade account there may be some E*Trade deposit fees which will vary depending on the payment method you use to deposit to your live E*Trade trading account.

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E*Trade Inactivity Fees

E*Trade does not charge traders inactivity fees. E*Trade does not charge for dormant inactive trading accounts. Brokers typically attempt to compensate for lack of commissions by charging inactivity fees.

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E*Trade Withdrawal Fees

E*Trade does charge E*Trade clients small withdrawal fees. Withdrawals fees vary between E*Trade and E*Trade alternatives depending on where you are located and how much money you are withdrawing.

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E*Trade Account Fees

E*Trade does not charge account fees. Account fees charged differ between E*Trade and other brokers. An account is a fee that E*Trade and other brokers assesses on all accounts for the ability to keep an account on their platform.

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E*Trade Account Opening

The E*Trade account registration process is simple, user-friendly, and quick. Within 1-3 most E*Trade trading accounts are ready for live trades. Our E*Trade account was validated in 1 day, but live E*Trade trading account verification times will vary depending on the time it takes to process your KYC documents and E*Trade trading account application. A E*Trade demo account can be opened in a few minutes.

E*Trade trading accounts are available in over 194 countries. E*Trade is restricted in the following countries.

Apart from the restricted countries a E*Trade trading account can be opened globally.

The E*Trade trading platform is available for residents in US. Some financial instruments E*Trade offer may be restricted in your country.

  • Fast E*Trade account opening.
  • E*Trade accounts can be opened and KYC can be verified digitally.
  • E*Trade minimum deposit is 0 USD / GBP / EURO.
  • E*Trade trading account verification may be held up for longer than a day if there is an issue with verifying your account.

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E*Trade Deposit And Withdrawal

E*Trade Account Base Currencies

A base currency is the currency in which your account is denominated. In other words, it is the currency you use to trade. Base currencies are used for accounting purposes to refer to the currency in which an investor maintains their book of accounts. For foreign exchange market purposes, a base currency refers to the first currency in a currency pair and the second, the quote currency.

GBP, USD, EURO are supported by E*Trade as account base currencies. However, in each country, only two or three account base currencies are accessible, usually the local currency plus USD. In the United Kingdom, for example, only GBP, EUR, and USD are accessible for UK traders.

E*Trade offers the following account GBP, USD, EURO.

When trading make sure your E*Trade trading account currency is the same currency as your withdrawal and deposit bank account otherwise there may be some additional currency conversion fees levied by your bank. E*Trade has no control over the fees your bank may charge for currency conversions or withdrawals and deposits to from and to your bank account.

NameE*TradeIC MarketsRoboforex
Number Of CurrenciesYes104
Base CurrenciesUSD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZDUSD, EUR, XAU
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E*Trade Deposit Fees and Deposit Methods

Investors can log in to their E*Trade trading account, type in their credit card information and the funds required will be posted in a number of business days. Investors can also transfer funds into their E*Trade trading accounts from an existing bank account or send the funds through a wire transfer or online check.

E*Trade Deposit Fees

Making a deposit on your E*Trade account is free.

E*Trade Deposit Methods

There are several methods through which you can deposit money into your E*Trade account. One can use a credit or debit card and E*Trade accepts payments from credit and debit cards provided by MasterCard and Visa. You can use PayPal, funding your E*Trade account using a personal PayPal account. One can also use bank wire or electronic bank transfer. If you have enough funds in your respective account, your bank account will be debited while the equal amount will be deposited into your E*Trade account. Funding methods for E*Trade include Visa, MasterCard, American Express, Credit cards, payments, PayPal, Bank Wire transfer,.

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E*Trade Withdrawal Fees and Withdrawal Methods

You can withdraw cash from your E*Trade brokerage account if you have available funds. If you want to withdraw more than you have available as cash, you may need to close open E*Trade positions before doing so. Remember that after you close your orders, you may have wait for the trade to settle before you can withdraw that money from your E*Trade account.

NameE*TradeIC MarketsRoboforex
Funding MethodsVisa, MasterCard, American Express, Credit cards, payments, PayPal, Bank Wire transfer,Credit Cards, VISA, MasterCard, Debit Cards, Visa, MasterCard, Bank Transfer, PayPal, Neteller, Neteller VIP, Skrill, Poli, Cheque, BPAY, UnionPay, FasaPay, QIWI, RapidPay, Klarna, Electronic wallets (eWallets), Broker to Brokers, Thai Internet Banking, Vietnamese Internet Banking,Credit cards, VISA, MasterCard, JCB, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Perfect Money, AdvCash, BPAY, China UnionPay, FasaPay, CashU, WeChat Pay, ecoPayZ, AstroPay, Sofort, Giropay, Poli, Wepay, iDEAL, Payoneer,
Withdrawal Fee$0NoYes
Deposit FeeVariesNo
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Losses can exceed deposits
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Losses can exceed deposits

E*Trade Fees When Withdrawing Your Account Balance

E*Trade do not charge withdrawal fees. Some withdrawal fees are out of the control of E*Trade and may be due to 3rd party payment providers and your account base currency.

E*Trade Withdrawal Methods

Log into your E*Trade trading account, which is connected to your bank account. Go to the section that says โ€œfundsโ€ or โ€œaccountsโ€ and click on it. You will be given two choices: either to add funds or withdraw funds. Click 'withdraw funds' to start transferring money from your E*Trade account to your bank account. To withdraw money from your E*Trade account you can use credit or debit cards. E*Trade processes withdrawals to credit and debit cards provided by MasterCard and Visa. One can also use PayPal, as E*Trade processes withdrawals to PayPal accounts. Finally, you can also withdraw funds straight to your bank account via bank transfer.

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E*Trade Trading Platforms

As there are a number of tradable financial instruments available on the E*Trade trading platform. Before investing in the E*Trade platform, there are important factors to consider. Some platforms are designed for the more advanced trader, thus offering more research and analytical tools. The E*Trade platform has a demo account and educational resources, but it may not be designed for new traders so focuses less on those educational features. E*Trade offer phone, and email support.

If you struggle with technology, you need to consider the level of support on E*Trade is available. Another thing to consider is your financial goals. Make sure that a E*Trade account fulfils these goals. Several platforms offer commission-free trading, but some require a minimum fee for opening an account.

There can also be additional fees, such as inactivity charges, withdrawals and transfers. Make sure that you have enough funds to trade via a E*Trade account. Ensure that E*Trade allows you to focus on the type of trading that you want to focus on.

Make sure E*Trade is correct for your investment purposes. Markets change quickly, and you need to be able to execute an order instantly. on your platform. Before using E*Trade, think about how easy it is to use for your personal needs. Does the E*Trade platform offer real-time updates or delayed updates that are more informed? Remember to check if E*Trade is well regulated, and what tradeable financial instruments E*Trade has. Security is very important when it comes to trading with E*Trade.

E*Trade Web Trading Platform

A E*Trade web trading platform is a piece of software that is used for trading. This includes opening, closing, and managing market positions through E*Trade which acts as a financial intermediary. E*Trade is a web trading platform through which Forex traders can open and close positions online, without downloading any software. Via a web browser, traders can follow Bid-Ask spreads, place Stop Loss and Take Profit orders, as well as track all past and current positions executed.

Mobile Trading Platform

Both Android and iOS devices are supported by the E*Trade mobile trading platform.

E*Trade Apple IOS Trading Platform

A E*Trade iOS trading platform is the application software that enables investors and traders to place trades and monitor accounts through iOS apps on Apple devices, such as an iPhone.

E*Trade Google Play Android Trading Platform

A E*Trade Google Play trading platform is the application software that enables investors and traders to place trades and monitor accounts through Google Play apps on Android devices, such as an Android mobile smartphone.

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E*Trade Mobile Trading User Experience

E*Trade mobile trading gives its users a platform to trade from anywhere in the world, as long as they have an internet or WiFi connection. The mobile trading app provides an ease of transacting while using a mobile device. This is because orders can be placed quickly and effortlessly. E*Trade mobile trading refers to trading using a mobile phone.

Leading brokerages like E*Trade offer mobile trading apps to their clients who are able to use them to trade and even monitor their entire E*Trade portfolio. All an investor needs is a Web-enabled smartphone and a trading account with E*Trade. Once you have download the E*Trade trading app, you are ready to begin.

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E*Trade Desktop Computer Trading Platform

A E*Trade computer trading platform is a software which one can use to research, place, monitor and edit trades on your desktop computer. You can choose from many platforms, including desktop platforms, trading apps, web-based platforms and third-party programs. The E*Trade desktop computer trading platform is the software that enables investors and traders to place trades and monitor accounts through financial intermediaries. The E*Trade desktop trading platform offers other features to its users, such as real-time quotes, charting tools, news feeds.

E*Trade cTrader

cTrader is a trading platform allowing CFD and currency pair trading. cTrader offers advanced technical analysis charting tools and very fast market order execution. cTrader is available on multiple devices. cTrader offers more complex configurable trading tools for more advanced traders.

E*Trade PC Trading Platform

One needs a computer with high performing hardware if their plan is to be a full time trader using E*Trade. A trading computer with access to a E*Trade PC trading platform is a superior, extremely fast computer which is designed and customized to maximize a traders ability to interface with markets and make decisions in real time. There are four key ingredients to a great Trading Computer: speed, reliability, multiple monitors, and post-sale service & support.

E*Trade Apple Mac Trading Platform

Apple Macs and MacBooks can easily handle the most important requirements when using the E*Trade trading platform. This includes the ability to have multiple browser tabs or trading apps open, a high quality display or monitor (high definition Retina displays with True Tone technology, adjusting and adapting to ambient lighting), an accurate trackpad or mouse, lightweight design, and long battery life. Macs are easy to set up, start up, use and even maintain. A Mac can go from cold boot to live trading using just a couple of mouse clicks and in well under a minute. Therefore, the E*Trade trading platform is very user friendly on a Mac device.

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E*Trade Trading Look And Feel

The E*Trade user interface (UI) is what E*Trade traders will see and interact with first when trading with the E*Trade trading platform. The E*Trade is well designed. The goal of the E*Trade trading UI is to make the E*Trade user's experience intuitive. The E*Trade application has good user experience and a good level of customer satisfaction.

E*Trade Security

E*Trade is a secure trading platform. E*Trade offers traders security via 2 factor authentication, SSL encription when trading with E*Trade. E*Trade trading accounts are masked and encrypted using cutting-edge encryption and masking technology to secure your personal and financial information when trading with E*Trade. Rate limitation on E*Trade suspicious account activities is another layer of protection that is provided for E*Trade trading accounts, for example multiple failed login attempts with E*Trade. You have the option to further safeguard your account by using E*Trade Two-Factor Authentication (2FA), which provides an extra layer of security.

The E*Trade trading infrastructure is constantly watched and guarded by a trained team at E*Trade In addition, E*Trade never send sensitive information without first encrypting on the E*Trade trading platform using transport layer security (TLS) and SSL.

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Placing A Buy Or Sell Order On E*Trade

Available E*Trade order types. # market, limit, stop, stop limit, Good until end of day / canceled.

E*Trade Market Order

A E*Trade market order is an order to buy or sell a stock at the market's current best available price. A market order usually ensures an execution, but it does not guarantee a specified price. Market orders are optimal when the primary goal is to execute the trade immediately. E*Trade market orders are executed by a broker or brokerage service on behalf of clients who wish to take advantage of the best price available on the current market. E*Trade market orders are popular as they are a fast and reliable method of either entering or exiting a trade.

E*Trade Limit Order

A E*Trade limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid or the minimum price to be received. If the order is subsequently filled, it will only be at the specified limit price or better. However, having said this, there is no assurance of execution.

E*Trade Stop Order

A E*Trade stop order, also referred to as a stop-loss order, is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price. When the stop price is reached, a stop order becomes a market order. A sell stop order is entered at a stop price below the current market price. If the stock reaches the stop price, the order becomes a market order and is filled at the next available market price.

E*Trade Stop Limit Order

A E*Trade stop-limit order is an order to buy or sell a stock that combines the features of a stop order and a limit order. Once the stop price is reached, a stop-limit order becomes a limit order that will be executed at a specified price (or better). The E*Trade stop-limit order triggers a limit order when a stock price hits the stop level. A E*Trade stop-limit order can be helpful when trading if you are unable to watch your trades all day.

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E*Trade Alerts And Notifications

Price alerts and notifications can be established for executed orders, important news, and margin calls, for example. On the online platform, these notifications appear as pop-up messages. It would be preferable if you could set up email or SMS notifications as well.

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E*Trade Trading Platform Features

Online trading platforms like E*Trade are used by traders to help them with every aspect of trading. Market analysis, price projections, and purchase timing are all key when trading live financial markets with E*Trade. The E*Trade trading platform provides traders with up to the second charts in order to enable them to execute transactions at the click of a button using E*Trade.

E*Trade Margin Trading

E*Trade margin trading means borrowing money from the brokerage firm in order to carry out trades. When trading on margin, investors first deposit cash that then serves as collateral for the loan, and then pay ongoing interest payments on the money they borrow. In essence, E*Trade margin trading is a facility under which one buys and sells stocks that they cannot afford. You are allowed to buy and sell stocks by paying a marginal amount of the actual value. This margin is paid either in cash or in shares as security. Your broker funds your margin trading transactions.

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E*Trade Account Types

E*Trade Demo Account

E*Trade offers demo accounts that gives traders the ability to purchase and sell E*Trade financial instruments in a practice environment, using fake E*Trade digital money and live market conditions and data. When you practise on a E*Trade demo account, one of the many advantages you'll enjoy is the opportunity to get acquainted with the more technical parts of the E*Trade platform. E*Trade demo accounts allow you to experience and practice a variety of market charts, E*Trade trading indicators, and trading strategies using E*Trade.

E*Trade Standard Account

E*Trade offers a standard trading account, allowing E*Trade traders to trade a wide range of financial instruments, with competitive spreads, using the feature rich E*Trade trading platform.

E*Trade Islamic Accounts

E*Trade islamic accounts respect Islamic finance law. E*Trade swap free accounts do not accumilate interest and E*Trade transactions are actioned immediately. A E*Trade Islamic Forex account is a halal trading account that is offered to clients who respect the Quran and wish to invest in Islamic compliant financial instruments, using E*Trade following the principles of Islamic finance. As Sharia law prohibits the accumulation of interest, traders with E*Trade Islamic accounts do not pay or receive interest rates.

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E*Trade Tradable Financial Instruments

E*Trade tradable financial instruments are the financial instruments that are specifically available to trade on the E*Trade trading platform. This refers to the different types of financial markets you can trade with through E*Trade. Sometimes called securities , they range from commodity futures to stocks and CFDs, to currencies and metals, and more on E*Trade.

NameE*TradeIC MarketsRoboforex
CFD TradingYesYesYes
Stock Markets5000210053
ETFsNo
Fractional SharesNoYes
CryptocurrenciesNoYesNo
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E*Trade Trading Stocks

Stock trading with E*Trade is the act of purchasing and selling shares in a corporation listed on a stock exchange available for trading with E*Trade; if you possess the stock on E*Trade, you own a piece of the corporation and may be entitled to voting rights where applicable.

Stock trading on E*Trade involves purchasing and selling stocks and share using E*Trade periodically in order to time trades against the stock markets, with the aim of using E*Trade to profit from your stock trading. E*Trade stock traders look to profit from the short-term market developments by selling stocks for a profit or buying stocks at a cheap price on E*Trade. Stock traders on E*Trade conduct significant study, frequently dedicating several hours every day to market monitoring using E*Trade trading tools.

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E*Trade Trading ETFs

What Are ETFs

E*Trade does not offer ETF trading. An ETF is a collection of assets whose shares are traded on a stock market. They blend the characteristics and potential benefits of stocks, mutual funds, and bonds. ETF shares, like individual stocks, are traded throughout the day at varying prices based on supply and demand.

What Are Fractional Shares

E*Trade does not offer fractional share trading.

Investors can buy fractional shares of a stock, making it easier to diversify even with modest amounts of money. Investors can buy stock in fractional shares by specifying a dollar amount rather than the price of a whole share.

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E*Trade Trading Cryptocurrencies

E*Trade does not offer cryptocurrency trading.

Cryptocurrency trading is not offered by E*Trade, so you will need to find a E*Trade alternative that allows you to buy and sell the underlying cryptocurrency assets. E*Trade CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if CFD cryptocurrency trading is allowed in your region with a E*Trade alternative and make sure you undertand the risks fully before trading.

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E*Trade Forex Trading

Forex trading with E*Trade is a method through which to invest money which involves trading one currency for another in a Forex currency pair with E*Trade. The main aim of E*Trade Forex trading is to successfully predict if the value of one currency will increase or decrease when compared to another. You can trade major, minor and exotic currency pairs with E*Trade. As a E*Trade Forex trader, one buys and sells currencies on a foreign exchange market. Their duties include performing research or analysis on a currency pair using a trading platform like E*Trade. In general, Forex traders can either work for banks and hedge funds or trade independently using trading platforms like E*Trade. Some traders use charts and indicators for Forex analysis, while others rely on news and economic data available on E*Trade.

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E*Trade Commodities Trading

Commodity trading is a type of trading available on E*Trade where individuals or businesses buy and sell financial instruments using E*Trade related to commodities, such as metals or oil.

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E*Trade Options Trading

E*Trade options trading is the trading of instruments that gives someone the right to buy or sell a specific security on a specific date at a specific price. If one decides to complete that purchase or sale, they are know to be exercising the option. E*Trade option strategies are the simultaneous, often mixed, buying or selling of one or more options which differ in one or more of the options' variables.

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E*Trade Futures Trading

Futures trading with E*Trade is where derivative financial contracts obligate a buyer to purchase an asset or a seller to sell an asset at a predetermined future date and set price using E*Trade to facilitate the trade. A E*Trade futures contract allows an investor to speculate on the direction of a security, commodity, or financial instrument available on E*Trade. Typically, futures contracts are traded on an exchange such as E*Trade; one trader agrees to buy a given quantity of securities or a commodity, and take delivery on a certain date. The selling E*Trade trader to the contract agrees to provide it.

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E*Trade Bonds Trading

Bonds trading on E*Trade is a way of making profit from fluctuations in the value of corporate or government bonds. The government will pay a defined interest rate on an investment for the duration of the issued bond, and then give the original sum back at the end of the loan's term to the E*Trade trader. Bonds can be bought and sold on E*Trade after they are issued. While some bonds are traded publicly through E*Trade, most trade over-the-counter between large broker-dealers like E*Trade acting on their clients' or their own behalf. Yield is therefore based on the E*Trade purchase price of the bond as well as the coupon.

E*Trade CFD Trading

A contract for difference (CFD) allows traders to speculate on the future market movements of an underlying item without owning it or taking physical delivery of it. CFDs can be used to trade a variety of underlying assets, including stocks, commodities, and foreign exchange.

NameE*TradeIC MarketsRoboforex
Forex CFD6135
Index CFD2530
Stock CFD1108400
ETF CFD3050
Commodity CFD2020
Crypto CFDNoYesNo
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Losses can exceed deposits

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E*Trade Trading Research Tools

Taking advantage of E*Trade trading research tools which are designed to help traders analyse potential investments using the E*Trade trading platform. Some E*Trade research tools include charts, technical analysis, and E*Trade trading indicators.

E*Trade Trading News

Traders can follow the markets and make wise investment decisions on E*Trade by using the news to help form a strategy when it comes to choosing investments. A E*Trade news trading strategy involves trading based on news and market expectations, both before and following news releases. Traders need to assess the news immediately after it is released and make a quick judgement on how to trade as a result.

E*Trade Economic Calendar

An economic calendar is used by investors to monitor market-moving events, such as economic indicators and monetary policy decisions. Market-moving events, which are usually announced or released in a report, have a high probability of impacting the financial markets. A E*Trade economic calendar is a resource that allows traders to learn about important economic information scheduled to be released throughout the major economies. Events may include indicators such as GDP, the consumer price index (CPI), and the Non-Farm Payroll (NFPs) report.

E*Trade Fundamental Data On Financial Instruments & Companies

Fundamental research does not usually generate findings that have immediate applications in a practical level. Fundamental research aims to answer the questions of why, what or how and tend to contribute to the pool of fundamental knowledge in a research area. E*Trade fundamental analysis research data looks at the price movement of a security and uses this data to attempt to predict future price movements. Fundamental analysis, on the other hand, looks at economic and financial factors that influence a business. Fundamental analysis therefore evaluates securities by attempting to measure their intrinsic value.

E*Trade Charting

Technical analysis indicators such as MACD,RSI, Stochastics, OBV, and Fibonacci are vital for trading. The primary types of chart used by traders on E*Trade are the Candlestick Chart, Line Chart, Point and Figure charts, and Renko Chart. Charts such as these are plotted either on an arithmetic or logarithmic scale and the analyst then goes with either one depending on the information acquired.

E*Trade portfolios

Trading portfolios are useful when trading with E*Trade.

A trading portfolio is made up of various investment vehicles. Distinct trading portfolios, each tailored toward a different investing strategy, might be owned by an investor.

A E*Trade trading portfolio is a traders collection of investments, which may include a variety of E*Trade financial instruments.

E*Trade review
E*Trade Payment Methods

A E*Trade payment method is required to fund your E*Trade trading account before placing a buy or sell order on a financial instrument.

When trading with E*Trade, there are a variety of payment options accessible; different brokers support different deposit and withdrawal methods. Each trade payment option has its own set of benefits and cons in terms of costs, processing times, and limits. Some thing to be aware of is if your bank accounts base currency is different to the base currency of your trading account, your bank may add additional transfer fees that E*Trade do not have any control over.

NameE*TradeIC MarketsRoboforex
Payment MethodsBPAY, Credit Card, FasaPay, Giropay, Mastercard, Neteller, PayPal, POLi, QIWI, Rapid Transfer, Skrill, UnionPay, Visa, Wire Transfer, Yandex MoneyADVcash, Alipay, Bitcoin Payments, Cashu, FasaPay, Giropay, iDeal, MoneyGram, Neteller, Perfect Money, POLi, QIWI, Rapid Transfer, SafeCharge, Skrill, Sofort, Trustly, Vietcombank Transfer, Visa, Webmoney, WeChat Pay, Wire Transfer, Yandex Money
riskwarningTry Now

Your capital is at risk
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Losses can exceed deposits
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Losses can exceed deposits

E*Trade review
E*Trade Withdrawl Methods

When trading with E*Trade at some point you will want to release your funds back to your bank account or other withdrawal method. Many modern trading platforms offer withdrawal of your trading account balance to digital wallets and direct bank transfers. Depending on your geo region certain withdrawal methods may be more convenient to you. Each withdrawal method has its own withdrawal time which you will have to check before withdrawing your E*Trade account balance. E*Trade may have minimum withdrawal limits that you will need to check before withdrawing.

You may be charged a currency conversion fee by your withdrawal method if you withdraw your E*Trade account balance in a currency other than GBP, or whatever your withdrawal method account base currency is.

E*Trade Withdrawals Times

The time it takes for your withdrawal to arrive is determined by the method you used to make it. It's important to remember that this is the payment method you used to fund your E*Trade account.

Withdrawal requests can take up to three business days to be processed by E*Trade.

You may anticipate to receive your money within three business days for bank transfers, credit/debit cards, and digital wallets.

If you're having a withdrawal transferred to your digital wallet account, your E*Trade should arrive in less than 24 hours.

E*Trade review
E*Trade Customer Support

Customer support represents the resources within the E*Trade company that provides technical assistance to its customers after they use the E*Trade service. A customer may often need to seek out support when they are in need of help, so a customer support team must be easy to contact, available, and responsive.

E*Trade offer email, phone, customer support.

E*Trade Email Support

E*Trade offers email support.

Email support is a a convenient method of E*Trade customer service but responses to support queries are not quick. You may have to wait between 1 - 3 days for a response from E*Trade regarding your support request.

E*Trade Livechat Support

E*Trade offers livechat support.

E*Trade live chat support is a way for customers to obtain help from E*Trade through an instant messaging platform. It happens at a one-to-one level, often via the company's website. It can be a proactive chat pop-up, with a chat box appearing on the screen and asking if you need help. Clicking on it would then connect you to a live agent. Livechat is great if you require a reponse to your support request withing 15 minutes.

E*Trade Telephone Support

E*Trade offers telephone support.

E*Trade telephone Support is often used for pre-sale queries, order taking, or even upselling and cross-selling, and troubleshooting. Outbound calls are calls made to customers from the E*Trade call centre to give or take information.

E*Trade review
E*Trade Educational Resources

E*Trade educational resources are used throughout the E*Trade learning environment to help and assist with customer's development and learning of trading on E*Trade. They are designed to reinforce learning and in some cases allow people to put their knowledge to the test using E*Trade trading tools. Educational resources are brilliant for educators to help deliver the best quality lessons.

E*Trade Trading Platform Tutorials

E*Trade offer a range of learning resources and tutorials and guides made available to registered E*Trade users. The E*Trade guides are usually broker down into indepth articles explaining varioius trading topics, quizes and video explainers which aim to educate E*Trade users on basic trading principles.

E*Trade Trading Videos

E*Trade offer a selection of online trading videos.

Trading videos on E*Trade help new and even more experienced investors gain insights into E*Trade technical analysis tools and how the different financial markets work when trading on E*Trade.

E*Trade trading videos cover the basics of financial instruments like stocks, Forex, commodities, ETFs and cryptocurrencies. Some E*Trade training videos help widen your trading knowledge. The more trading knowledge you have the better you will be able to mitigate and understand trading risks when using E*Trade to trade live financial markets.

E*Trade Webinars

E*Trade offers access to online webinars. A webinar is an interactive online event in which a speaker (or a small group of speakers) delivers a presentation to a large audience of E*Trade clients who participate by asking questions, replying to polls, and using other interactive technologies available on the E*Trade trading platform.

E*Trade review
E*Trade Financial Regulation When Trading

Financial regulations on E*Trade protect consumers' investments. Regulations prevent financial fraud and limit the risks that E*Trade as a financial institution can take with their investors' money. Financial regulators oversee three main financial sectors: banking, financial markets, and consumers. A well-functioning financial system is vital for the economy, businesses and consumers. E*Trade financial regulation is part of ensuring the safety and soundness of the financial system and protecting consumers.

Is E*Trade Regulated?

E*Trade is regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA).

E*Trade is licensed by financial regulators in certain jurisdictions. You can find out if brokers like E*Trade are licensed in your country, if they have had run-ins with regulators, or received serious complaints from E*Trade investors, directly with financial regulators in your country.

E*Trade Regulatory Protection Limits

When registering with E*Trade you must check with regulatory body your E*Trade trading account falls under. Even though you are a resident of the UK for example your account may fall under regulatory rules outside the jurisdiction of the FCA. Check which company entity and regulation your E*Trade account is over seen by. E*Trade client funds are stored in segregated 3rd party bank account in accordance with E*Trade financial regulators.

Client country Investor protection amount Regulator
United Kingdom ยฃ85,000 Financial Conduct Authority (FCA)
EU Investor Compensation Scheme max โ‚ฌ50,000 Directive of The European Parliament and European Commission
Other countries 90% of your funds, max โ‚ฌ20,000 Bulgarian Financial Supervision Commission (FSC)

E*Trade Trading Signals

E*Trade does not offer trading signals in any form.

Make sure you understand the risks of trading signals.

How does E*Trade make money?

Because E*Trade acts as an intermediary, E*Trade gets compensated on buy and sell transactions of financial instruments. As a result, E*Trade profit is determined by the volume and number of transactions. E*Trade earns revenue to fund their E*Trade platforms and wide range of trading services through market spreads.

Can you buy shares on E*Trade?

E*Trade does not provide customers with real company shares trading. E*Trade offers CFD stock trading. When trading CFD stocks you are not trading real stocks as you do not own any underlying stock assets. A CFD stock is a leveraged deal between the trader and E*Trade on the speculative up or down price movement on an agreed stocks price movement.

Does E*Trade offer Cryptocurrency?

E*Trade does not offer cryptocurrency trading. The offering of crypto CFDs was stopped by most trading platforms on November 27, 2020, as a result of the Financial Conduct Authority of the UKs restrictions on cryptocurrency. While buying and selling Bitcoin and other cryptocurrencies is still lawful, the UK financial regulator, the Financial Conduct Authority (FCA), has made trading cryptocurrencies illegal for UK residents. This is because the FCA considers crypto CFD trading to be a high-risk activity. You'll need to see if trading crypto CFDs are allowed in your country.

E*Trade Lower fees, lower costs?

E*Trade have reasonable trading fees and costs. E*Trade do not charge a deposit fee. E*Trade may charge a withdrawal fee. Some withdrawal fees are out of the control of E*Trade and may be due to 3rd party payment providers and your account base currency.

What about the minimum deposit?

E*Trade minimum deposit is 0 USD / GBP / EUR.

How to start your E*Trade account?

You can sign up for a live or demo E*Trade trading account by visiting E*Trade and signing up. Enter your details, upload proof of ID, fund your account and you should be up and trading within a few hours. Open an E*Trade account here.

How's the E*Trade trading app?

E*Trade allow traders to trade financial markets on iOS, Android and Windows supported mobile devices.

You can tryout the E*Trade trading app here. Your capital is at risk

Is the quality of E*Trade customer service satisfactory?

E*Trade have average customer support offering support through email, phone, support options.

Is this broker good for new traders?

E*Trade is a good trading platform for new traders as E*Trade offer a good range of educational resources, good support options as well as a demo account.

How do you withdraw money from E*Trade?

E*Trade offer a good selection of withdrawal options. Once E*Trade have confirmed and approved your withdrawal information, withdrawals are usually processed within 1 to 3 days.

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Ashly Chole - Senior Finance & Technology Editor

E*Trade Review 2024 (Expert Review) guide updated 14/05/24