ETRADE Financial Review

Kurtis By: Kurtis | Last updated June 22, 2017

etrade logo online stock trading

9.5 / 10

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PROS:

  • Three trading platforms
  • Allows for simulated trading
  • Mobile App

CONS:

  • Requires minimum deposit
  • No forecasting tools
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SUMMARY:

E*TRADE Financial is a reliable, well-known online stock trading company that offers three different trading platforms suitable for professional and beginner users. Although they are mostly the same, the platforms differ in the number of advanced features and tools traders can use. It’s important to note that all features are also available on iOS and Android devices. All services are reasonably priced, with a further reduction for more active traders.

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COMPLETE REVIEW

E*TRADE is a highly respected online trading platform that offers various opportunities for veteran and novice traders alike. You can choose between several investment choices, including futures and forex.  With competitive prices and a small learning curve, E*TRADE is among our top choices for the best online stock trading solution.

Interface and Features

This online stock trading solution comes with three available platforms: E*TRADE 360, E*TRADE Pro and the mobile platform. The E*TRADE 360 is a highly customizable option most suitable for beginners because of its intuitive design and many helpful features. For example, to show your account's current status and past activity, it shows you a detailed overview using charts and glyphs. The platform allows for multitasking with several opened windows you can easily switch between. To help you keep track of important stock information, you can set up a watch list that will alert you if any changes happen. The E*TRADE Pro is a little more sophisticated and it’s meant for more proficient traders with more than 30 trades per month. The Pro platform gives you more control over what you see, as well as exclusive access to some advanced tools. There are several analysis and in-depth trading tools you can use to make better trading decisions. E*TRADE’s mobile app is fully supported by all Android and iOS devices, including the Apple Watch. The app is fully optimized for maximum functionality and a smooth transit when you’re switching between devices. This means you’ll have the same commodities of a full platform, no matter where you are. You can set up real-time alerts, access analytics or any other feature available on the desktop platform.

Features:

  • Option Strategies
  • Analytic Charts
  • Automated Trading
  • Simulated Trading
  • Mobile App
Pricing

E*TRADE Financial comes reasonably priced at $6.95 per trade. If you’re an active trader with more than 30 trades over the period of a month, the price is reduced to $4.95. Additional fees include broker assisted trading for $25 and a minimum deposit of $250 when you first set up your account. Although it’s not the cheapest service in our review, E*TRADE still offers a great platform with many useful tools and features at a reasonable price.

Help/Support

Phone number: 1-800-387-2331

This online stock trading company has a very informative learning center you can access at any point if you get stuck. It offers detailed tutorials and guides on the basics of buying/selling stocks online, setting up your retirement plan, using investment strategies and more. The learning center has an impressive number of web seminars you can attend to learn more about the most important aspects of online stock trading. Additionally, there are many online course, guides and even live events you can attend at a E*TRADE location to learn more from investment experts. A very useful feature for beginner users is the platform’s simulated training that lets you practice until you get ahold of the basics. 

In case you want to contact the company for support, or you simply have a question, you can do so by email, phone or regular mail. The website also offers a live-chat option for immediate response.

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Our editorial staff evaluates products and services independently, but Best Review Guide may earn money when you click on links. Read our advertising disclosure.

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