Etrade clients could safely log on into their Etrade.com account by hitting "Etrade Account Login" button link below which will take
them to the Etrade login page (member sign in screen).
Etrade Login Page
Etrade Account Login
E*Trade advertises heavily, but investors should be aware that the broker has some weaknesses. For example, the firm's advanced platform requires at
least 30 option or stock trades every 90 days, or an account balance of at least $250,000. Those are some pretty steep requirements. Schwab's advanced
platform, by comparison, only requires an account balance of $1,000. TD Ameritrade has no frequent trader requirements at all for its very
sophisticated thinkorswim, while Scottrade requires just 9 trades per quarter or an account balance of $25,000.
E*Trade does have a mobile app for its clients. However, they have to pay for live streaming of CNBC. Other brokers, such as Schwab, Fidelity, and
TD Ameritrade, offer video business news free of charge. The charting on E*Trade's mobile app has ten technical indicators, including volume.
TD Ameritrade's thinkorswim mobile app has around 400 technical studies.
There is no trading ticket at the bottom of E*Trade's website. Other brokers, such as Firstrade and Merrill Edge, do have a trading system that
appears at the bottom of a browsing window. This technology makes security research and order entry more convenient.
While E*Trade does offer Individual Retirement Accounts, the broker imposes a $25 fee in several situations. For example, there is a fee for removing
excess contributions. There is another $25 charge for early withdrawals, even when the debit is within IRS rules. A final $25 fee is assessed for
recharacterizations. Other securities firms, such as TD Ameritrade and Schwab, do not have any IRA fees.
E*Trade also has some drawbacks when it comes to mutual funds. The broker has a total of 7,400 funds available for purchase. Vanguard has more than
16,000, and WellsTrade offers more than 10,000. For funds that carry a transaction fee, E*Trade charges $19.99, while
TradeKing charges just $9.95,
and Scottrade is at $17.
E*Trade customers can open an FDIC-insured deposit account with the broker's affiliate E*Trade Bank. However, accounts with balances below $5,000
don't receive ATM fee reimbursements. Other securities brokers, such as Schwab and Fidelity, offer ATM fee refunds with no strings attached.
The E*Trade cash account is a separate bank account. Some customers may prefer to have checks and a debit card simply attached to a regular brokerage
account. Merrill Edge and TD Ameritrade have this type of arrangement.
Investors who would like in-person service might be better off with another firm. While E*Trade does operate a network of local branches, there
are only 30 locations. By comparison, Fidelity has 180 branches, Schwab has 325, and Scottrade has over 500.
Read detailed Etrade Review
Updated on 8/26/2016.