Company Name: E*TRADE FINANCIAL Corp.
Address and Contact Details: Vintners Place, 68 Upper Thames Street, Fleet Street, London EC4V 3BJ, United Kingdom
Phone: 0203 192 0010
Sign up Offer: Yes, free trade for 60 days
Demo Account: Yes for 60 days
Regulator: Financial Service Authority (FSA)
Building Your Retirement Savings
- #1 Online Broker by SmartMoney Magazine
- 4 out of 5 stars in Barron’s 13th annual ranking of the Best Online Brokers
E-Trade, founded in 1991, is one of the established companies in the online stock brokerage business. The company presents trading services through CompuServe and America online.
They presently have over 4.5 million financial records globally. Their online brokerage accounts permit investor to have immediate access to prices and the capability to sell and buy at low cost. In 1994, E-Trade emerged as the fastest-growing private companies in the United Kingdom.
The Financial Services Authority (FSA) serves as the regulatory authority of the company. The company also offers lending products and banking such as saving accounts and checking, credit cards, and money markets accounts. The company facilitates trading in United State, Canada, France, Japan, Hong Kong, and United Kingdom. Traders can also trade in world indices, bonds, commodities and foreign currencies.
Brokering Features and Fees
– Minimum stock commission: $9.99 per trade
– Minimum funds to open account: Customers with a shared value of $10,000 in money and securities in connection to E-Trade Securities accounts.
Customers with a shared balance of $20,000 or more in connection to E-Trade Securities and E-Trade Bank accounts
E-Trade offers no-fee futures trading platform. It gives straight contact to every major future trade. E-Trade offers the best platform that includes Streaming market data, Powerful idea-generating tools, sophisticated options study tools. Its web-based trading platform is easy to use for the traders and investors.
E-Trade provides various levels of services. Some of these need a monthly payment while others including trading account can be used without a fee. They provide an excellent trader platform, mobile trading application, banking services with extra bonuses.
Etrade is a monetary service contributor with a comprehensive online stock trading platform for its customers. They have numbers of trading tools for their customers, less trading charges, and extra options include high yield saving accounts. E-Trade also permits its customer to trade stocks on their PDAs and phones by using the E-Trade Mobile Pro.
Etrade does not require extra fees for placing money stock trades or buying Pink sheet stocks/OTCBB.
Etrade provides several platform tools including great idea generating tools, sophisticated options tools. Customizable charts to help manage risks, spot trends and overlay a comprehensive range of indicators. The sophisticated option tools provide analytical tools for customer.
The mobile Pro trading application is obtainable for blackberry, which includes the Blackberry Pearl, the 8800 series and the blackberry Curve. E-Trade offers a trade from mobile devices such as iPad, Android, iPhone, and mobile sites.
Deposit and withdrawal
Deposit option is based on the type of account and a customer’s preferrnce to deposit money.
Customers can make their online deposit using Quick transfer. E-Trade provides a wire money transfer method for depositing the money. While incoming wire transfer doesn’t involve any fee, the outgoing transfers are subjected to a $25 fee. Direct deposit is not accessible for ETSL accounts. With direct deposit customers can deposit their funds automatically into their account.
The customer can also make a direct deposit for two accounts.
The customer can drop several types of cheques and drafts into their account. Deposit slips must be sent to the E-Trade with each transaction, deposit slip is the confirmation statement. There are several methods to make an initial deposit such as online transfer and quick transfer.
Withdrawal is same like depositing, customers can withdraw their money by using ATM cards, wire money transfer and quick transfer methods.