The world-famous broker E*TRADE is one of the leaders in the number of clients. It provides traders with everything necessary for calm and fruitful work. This company has no analogs, which maximizes its popularity. What exactly is the uniqueness of E*TRADE? You can find out from our review.
About E*TRADE
E*TRADE is one of the top US brokers. It belongs to the financial conglomerate Morgan Stanley, which is known throughout the world. E*TRADE started its work back in 1982. During this time, he has taken a leading position in his industry and has held them for several decades. Currently, the company has more than 5 million customers who make many financial transactions daily.
Broker E*TRADE is considered one of the most accessible. He offers quality training materials for beginners and guarantees full support during their first steps. The company provides experienced traders with the opportunity to use a variety of trading instruments and receive advice on any issues. In addition, it should be noted that there is an informative website E*TRADE.com. It is full of helpful information that lets you get a complete picture of the broker’s capabilities. An additional advantage will be the availability of a unique bonus program that is valid for all new customers.
E*TRADE is not much different from competitors in terms of pricing. This broker offers part of the services for free; for some, it sets a commission, which is standard for most companies. In addition, traders need to be aware that many additional services (for example, bank transfers) are paid and quite expensive.
Service features
The owners of E*TRADE make sure that using their service is as comfortable as possible. For this, specific measures are taken, and various restrictions are lifted. In this case, even traders can help themselves. To do this, they need to respect the standard procedure.
Procedure:
- Go to the official web resource and click “Open an account” (if you have an account, immediately click on E*TRADE login).
- Select your preferred account type on the page that opens (3 options are available in total).
- Next, fill in the empty fields with personal information. This procedure is divided into several stages, so you need to be prepared in advance for the duration of this procedure.
- Choose the version of E*TRADE you want to use.
- Enter the data specified during registration and go through authorization.
- Deposit your account with any amount, and you can start trading.
Anyone who wants to uncover the secret of E*TRADE’s popularity should study the features of this service. This will help to find much helpful information, which is only mentioned in some reviews.
Important features:
- Customer support. This service helps E*TRADE clients without breaks and days off. It is recommended to use online chat to contact her. In this case, the answers will come as quickly as possible. If you communicate via e-mail, you will have to wait several hours. You can also use the telephone, but getting through to company representatives in the morning or at night can be tricky. In this case, the trader must speak English, which is only available to some.
- Mobile version. In addition to desktop and browser versions, E*TRADE has a mobile one. It has no differences, so it will be convenient to use it even for traders who are used to working at a computer. The mobile version is available in the official app stores and can be downloaded for free. An additional advantage is the low requirements for devices, so even owners of outdated gadgets can use E*TRADE mobile.
- Educational materials. E*TRADE pays much attention to the training of beginners. To do this, the company has updated the educational content, supplementing it with fresh articles and videos. Professional traders all compile them, so the information provided can be trusted 100%. In addition, a demo account is available to users. With its help, it will be possible to test the platform and practice trading in various assets.
- Safety. E*TRADE is considered the most secure broker. The company is constantly improving its security system, which reduces the risk of losing money or personal information. It uses multi-step authorization, encrypts data efficiently, and takes other measures. In addition, all clients are protected from bankruptcy by E*TRADE. In the event of such an outcome, the funds on the accounts of users will be returned to them in full (the company has two bankruptcy insurance for a total of more than $ 1 billion).
- Referral program. Traders who have experienced all the benefits of E*TRADE can recommend the platform to other people. This can be done not only for good intentions but also for a good reward. So, according to the terms of the referral program, for each invited active user, the trader will receive a $50 gift card (Amazon store). Your bonus can be used to purchase almost any product, which makes the E*TRADE offer even more attractive.
Advantages/Disadvantages
Based on the high status of E-TRADE, it is not difficult to guess that this site has many positive qualities that its owners are proud of. There are also some negatives, which can be found even with ideal service providers.
Advantages:
- status owner
- several million clients
- variety of trading instruments
- high-quality educational materials
- informative site
- standard commissions
- no minimum deposit
- the possibility of obtaining financial advice
- the efficiency of customer support
- most good reviews
Flaws:
- expensive additional services
- a ban on cryptocurrency trading
E*TRADE is a popular name that traders associate with reliability, high status, and performance. Despite its fame, the company remains accessible to everyone. She helps to develop regular customers and is happy to train newcomers. Having tried E*TRADE in action, you will fall in love with it forever and will not want to refuse its services even for a good reward.
Conclusion
Features: 4
Exchanges Supported: 5
Security: 4
Price: 4
Customer Support: 3
