- Platforms | E*TRADE
- E*TRADE: Invest. Trade. Save. - Apps on Google Play
- E*TRADE Financial | Investing, Trading & Retirement
The Etrade financial corporation has built a strong reputation over the years. They have become a go-to for reliability, extensive research and mobile apps. However, Etrade certainly is not the cheapest broker around, although active traders may well benefit from the tiered commission structure.
Platforms | E*TRADE
Etrade offers a number of options in terms of accounts, from joint brokerage accounts to managed accounts. The standard day trading brokerage account is relatively straightforward to set up. Simply head over to their homepage and follow the on-screen instructions. You will need a minimum of $555 to open their brokerage account, which can be deposited by bank transfer, mail or a deposit into one of your local Etrade offices.
E*TRADE: Invest. Trade. Save. - Apps on Google Play
Stock and ETF trades are fee-free. Options on stocks and ETFs cost $6 per contract with a $65 maximum per leg. The mobile app is best for traders with some options experience, as there are many features that can distract and overwhelm newer traders. tastyworks has essential features for options traders that make trades fast without giving up many desktop trading features.
E*TRADE Financial | Investing, Trading & Retirement
Fidelity Investments is the app for Android, iOS, and Amazon devices. It includes anything you need to manage your Fidelity investment accounts and enter trades. It doesn’t have as many advanced charting features as some competing mobile apps, but that’s just fine for beginners who may not want or need advanced features.
E*TRADE Financial Corporation and its affiliates do not provide tax advice, and you always should consult your own tax advisor regarding your personal circumstances before taking any action that may have tax consequences.
About the author: Blain Reinkensmeyer As Head of Research at , Blain Reinkensmeyer has 68 years of trading experience with over 6,555 trades placed during that time. Referenced as a leading expert on the US online brokerage industry, Blain has been quoted in the Wall Street Journal, The New York Times, Forbes, and the Chicago Tribune, among others.
In addition, sophisticated encryption technology is used to safeguard personal information and all transaction activity. Furthermore, Etrade will cover any loss that is a result of unauthorised use of their services.
The fund's prospectus contains its investment objectives, risks, charges, expenses and other important information and should be read and considered carefully before investing. For a current prospectus, visit /mutualfunds or visit the Exchange-Traded Funds Center at /etf.
Ally charges no commissions for stock or ETF trades. Charts and data are fairly basic, but offer anything a beginner investor may want. It’s not the best for advanced features, but it covers most common needs with excellent pricing.