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Etrade Guide – Read our In-Depth Etrade Review

This Etrade review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

Please note that due to regulations, the content in this Etrade review does not apply to US users.

This Etrade review contains the most recent information about Etrade.

If you are a new entrant in the realm of trading and broker, so many details will be confusing for you. Getting into the area of trading demands expert analyzing skills and comprehensive understanding. You'll acquire adept at all the concepts of broker since you continue trading. For starters, you have to select the ideal agent who'll be clear with you constantly.

In this fast-paced universe of stock markets and trading, you will need guidance to make proper decisions. A professionally lead investment program will generate hefty returns. Etrade is one such platform that will take you and your investment into great heights. It is important that you understand about Etrade until you trust them with your money.

Etrade review

Our entire Etrade Review covers everything you will need to know about trading with Etrade. A good agent can multiply your first investments and give you favorable profits. If you want to earn profits, you should trade with a broker service that contrasts with your investing objectives.

There's absolutely no sure-fire way to guarantee profits; therefore, you must carefully assess your agent before you select them. It is a common misconception that all agents will be exactly the same, but that's not true. Wrong judgment, initially, can set your investments in danger.

Etrade is a broker that has found its way successfully into the brokerage world. Within this review, we've attempted to collate a number of the important aspects of Etrade. This review will help you to know whether Etrade is a fantastic match for your investments or not. We have tried to breakdown all of the features and fees for your advantage.

Etrade Review, Table Of Contents

Who are Etrade?

Etrade is a foreign exchange broker headquartered in United States and provides a variety of tools for trading. Since its inception in 2012, Etrade has emerged as a leading player in the field of online broker. Etrade has a highly competitive and full-featured trading site that is focused on forex, indices, metals, shares, commodities.

Over the past 9 years, Etrade has grown into one of the leading online brokers.

After establishing in 2012, their client base has become as big as 10,000+ clients.

Etrade is a favorite of many traders.. Our Etrade review discovered that they're an superb alternative for automated trading options. It's most appropriate for investors who are searching for an assortment of assets. Social and automated trading options are the heart at Etrade.

Technology plays a significant role in Etrade. Etrade offers trading on cTrader, SocialTrading, webPlatform, DesktopPlatform, Proprietary .. Etrade is fair, transparent, and a well-regulated agent by the Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA). Their outstanding variety of resources will be beneficial for the majority of traders. Third-party partnerships also provide in-house research.

The trader resource section at Etrade is very insightful for new dealers as it permits them to get a closer look in the financial markets. Etrade caters to all types of traders and are a must-have broker for any well-diversified approach to online trading.

Benefits of trading with Etrade?

Trading with Etrade includes numerous benefits. These advantages are what sets Etrade apart from all other online agents. You need to check all of the advantages listed so you have a better comprehension of Etrade.

The broker goes to great lengths to understand what dealers want. As a result, the service cost is low, quick, and convenient. The agent also gives a variety of platforms for all kinds of traders. Etrade helps to ensure that the individual needs of all online traders are duly met.

Etrade also includes excellent trading conditions which are readily available to only an elite class of institutional customers. The tight spreads and quick executions are a great benefit for the traders. The technology embraced by Etrade is of the maximum caliber, making sure that it's fast, reliable, and efficient.

Etrade admits the significance of having a quick order execution. A fast implementation enables users to exchange without fretting about slippage safely. It will also help the traders to grab the maximum profitable opportunities.

Automated trading is another important aspect of Etrade. A new dealer can learn from industry experts utilizing the automatic trading option. The tight spread starts from as low as 0.0 pips, though they are offered for only razor balances.

Etrade has over 87 trading instruments to support all kinds of traders. These instruments are lively and suitable for both the new and experienced traders. The dealers can put aside all their worries when trading with Etrade.

Etrade overview

Year Founded: 2012

Regulated By: Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)

Hedquarters: United States

Minimum Deposit: $100

Number Of Clients: 10,000+

Your capital is at risk

If you feel that Etrade is not right for you then at the bottom of this Etrade review you wil find a lot of alternatives to Etrade.

What you should know about trading with Etrade

Etrade is a lively platform that provides various techniques of trading. These tools cover the monetary markets considerably. Most of the broker platforms offer less approaches than Etrade

If you would like to trade with Etrade, you'll need a minimum deposit of $100. This deposit is required if you wish to begin trading using Etrade. This 2021 Etrade review will direct you clearly about trading with them.

Etrade is as flexible as another brokerage platform. Etrade is ideal for traders that want a manageable assortment of cheap services. The platforms supplied by Etrade are third-party, white-label offerings. All traders can select out of cTrader, SocialTrading, webPlatform, DesktopPlatform, Proprietary ..

Along with everything, Etrade has multiple benefits to new and verteran traders and should be investigated. There is no minimum time on which a trade must be kept open. The brokers offer premium customer service that rewards clients with benefits.

Many unethical brokers try to pressurise users into bigger financing for superior services. Etrade, on the other hand, is much more concentrated on trading volume. Dealers can expect trading conditions to be just, honest and transparent. The more lots traded by the user, the greater benefits will come along.

Etrade accounts are available globally and provides outstanding service everywhere they have clients. There are some select few countries where Etrade accounts are not available. Traders in the following countries cannot open or use a Etrade account:

Is Etrade Safe To Trade With?

Established in 2006, Etrade has been open for 9 years, they are headquarted in United States.

Etrade is regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA). These figures have rules that make sure that trading platforms have steps in place to keep investor's resources procured. This usually means that Etrade users do not need to worry about their money as it is segregated and safely stored in banks that are established. SSL encryption secures every user's private information also.

You can make use of an option for Two Factor Authentications (2FA) with Etrade for heightened security. An SMS with the verification code will be sent to your mobile phone. You'll be required to enter this code to log into your accounts.

Another concern with fiscal brokers is in respect to security might be manipulation of trading. This is highly disadvantageous for users on those platforms. However, this is more widespread in the example of Market Maker brokers who compete with users on the platform.

Pro's & Con's Of Trading With Etrade

Every online trading platform will have a few pros and cons Etrade review would be complete without having a balanced approach. This Etrade review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.

Etrade Pro's

  • Etrade is trusted by 10,000+ clients
  • Etrade doesn't charge withdrawal fees
  • Etrade doesn't charge inactivity fees
  • Etrade doesn't charge deposit fees
  • Etrade doesn't charge CFD fees
  • Etrade offer trading on cTrader, SocialTrading, webPlatform, DesktopPlatform, Proprietary .
  • Etrade offer 87 trading instruments
  • Etrade trades major forex pairs
  • Etrade can communicate in

Etrade Con's

  • Etrade does not offer Negative Balance Protection
  • Etrade does not offer Guaranteed Stop Loss
  • Etrade doesn't trade minor forex pairs
  • Etrade doesn't trade exotic forex pairs
  • Etrade doesn't offer trading on cryptocurrencies

Etrade Review - Compare Brokers Similar To Etrade

Etrade Skilling Chase Bank DF Markets
Rating 4/5 4/5 4/5 4/5
Minimum Deposit $100 $100 $100 $1
Year Founded 2012 2016 1975 2010
Headquarters United States Cyprus United States UK
Regulated By Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) Cyprus Securities and Exchange Commission (CySEC), CIF license number 357/18, Financial Services Authority (FSA) under license No. SD042 Australian Securities and Investment Commission (ASIC) Financial Conduct Authority (FCA)
Clients 10,000+ 5,000+ 10,000+ 10,000+
Find Out More
Risk Warning Your capital is at risk CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor Your capital is at risk Losses can exceed deposits

Etrade Review - Regulation And Licencing In More Detail

Etrade is regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA).

Etrade, as a business, has a powerful set of rules for ensuring honest trading on its platform. For data encryption functions, it provides an industry-standard secure socket layer (SSL).

In accordance with the company's privacy regulations, client information is never to be shared with any other institutions or individuals. This includes credit history and other financial information.

Etrade Review - Awards

    At the time of writing this Etrade review, they had not received any awards.

Etrade Review - Minimum Deposit Required

The minimum deposit that you need to get started on Etrade is $100. This is an adequate amount for people just starting out. You can make more advanced deposits as you cooperate. But, ensure you know how to make the most of your cash before investing in larger sums.

Etrade Review - Commission And Fees Explained

Etrade is an online brokerage platform, and most online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled better. That is, an online broker isn't necessarily affected by the number of clients they have.

However, this does not necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to earn money. There are primarily 3 different types of penalties for this purpose.

The first sort of fees to look out for are trading fees. Whenever you make an actual trade, like buying a stock or an ETF, you are charged trading charges. In these instances, you are paying a spread, funding rate, or even a commission. The sorts of trading charges and the rates differ from broker to broker.

Commissions can be fixed or determined by the traded volume. On the other hand, a spread refers to the gap between the buying and selling cost. Financing or overnight prices are people who are charged when you maintain a leveraged position for longer than a day.

Apart from trading fees, online brokers also bill non-trading fees. These are determined by the activities you undertake in your account. They are charged for surgeries like depositing money, not trading for lengthy periods, or withdrawals.

Generally, Etrade doesn't charge high fees compared to other online agents. For operations other agents fee for, they do not charge a brokerage fee, or they charge a smaller amount. This is beneficial for people who often exchange, for example daily or weekly trading.

But, non-trading fees charged by Etrade are relatively greater. As a result, you're charged more for non-trading activities on your trading account, such as withdrawal and deposits. These are not about the purchase and sale of assets.

This Etrade review breaks down each of the applicable non-trading fees for you in detail.

Compare broker fees against Etrade

Etrade Skilling Chase Bank DF Markets
Minimum Deposit $100 $100 $100 $1
Withdrawal Fees $20 variable variable No
Inactivity Fees No
Deposit Fees No variable
CFD Fees Yes Yes

Etrade Review - Withdrawal Fees Explained

Etrade doesn't charge withdrawal fees

Withdrawal of cash is possible at any moment from your Etrade account. It's possible to withdraw up sums to the sum of your account balance, keeping aside the margin used. 1 thing to keep in mind is that you don't always need to have any cash on your accounts.

In addition, the withdrawn money will be moved directly to the account you use to create deposits. Thus, in the event that you used a credit card for deposits, then the withdrawn cash is going to be sent into the card. Etrade will ask you to provide other withdrawal methods in case your details have changed since your deposit.

There is a minimum withdrawal amount. In the event you are withdrawing cash in different currencies from USD, a conversion fee is also important. The conversion fee will depend on the currency you are choosing to withdraw in.

Etrade Review - Inactivity Fees Explained

Understanding whether you will be charged inactivity fees is only one of those buzzing questions that run through your mind when open an account with Etrade. An inactivity fee is an amount charged to registered traders who have not participated in buying or selling for some time. The period considered inactive is determined by the agent.

The inactivity fee also differs from one agent to another and isn't generalized. If a dealers account does not have a purchasing or selling trade, it is claimed by the agent as an inactivity charge. The traders need to pay this commission under terms and conditions they had agreed while registering.

Etrade doesn't charge inactivity fees so you are free to use your account as needed

Even if no fees are indicated by Etrade, it's better for you to close the account if you're inactive. Inactivity fees are not only charged by brokerage firms but also many financial services.

For other trading platforms, the inactivity fee depends upon the type of account you've selected. The inactivity fee is subjected to a lot of conditions and needs to be disclosed clearly by the broker beforehand.

Etrade Review - Deposit Fees Explained

When you move money in your trading account by your bank account, a deposit fee can be billed by the broker. Most brokers do not charge too much money for this operation.

Etrade doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed

Depositing cash on the Etrade trading platform is easy. You simply have to finish a single-user profile questionnaire to start depositing money into your trading account. You will need to provide an identity proof and evidence of residency to deposit large sums.

Etrade Review - Compare Broker Deposit Methods

Etrade Skilling Chase Bank DF Markets
Minimum Deposit $100 $100 $100 $1
Credit Card
PayPal
Neteller
Skrill
Payoneer

What Can You trade With Etrade?

Note: Etrade provides many different trading instruments due to regulatory restrictions in a few countries. Trading instruments offered will be different based on the country of residence of the client.

Etrade has a wide variety of over 87 instruments available for you to trade with.

If trading forex pairs is of interest to you then Etrade offer over currency pairs.

Compare Etrade, Skilling, Chase Bank & DF Markets below.

Etrade Skilling Chase Bank DF Markets
Platforms cTrader, SocialTrading, webPlatform, DesktopPlatform, Proprietary . MT4, Web Trader, Tablet & Mobile apps Desktop, Android, iPhone/iPad, Mac Web Trader, Tablet & Mobile apps
Instruments Available 87 100 72
Forex & Crypto
Forex Pairs Available 50 80
Offers Major Forex Pairs? Yes Yes No Yes
Offers Minor Forex Pairs? No Yes No Yes
Offers Exotic Forex Pairs? No Yes No Yes
Offers Cryptocurrencies? No Yes No Yes
Commodity CFD's
Commodities Offered 0 0 0 12
Trade Metals? No No No Yes
Trade Energies? No No No No
Trade Agricultural? No No No No
Indiced & Stock CFDs
Stocks Offered 0 0 12
Trade UK Shares? Yes No No Yes
Trade US Shares? No No No Yes
Trade German Shares? No No No Yes
Trade Japanese Shares? No No No Yes


Your capital is at risk


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor


Your capital is at risk


Losses can exceed deposits

Alternatives To Etrade

If, after studying this Etrade review, Etrade doesn't quite fulfill your needs check out these Etrade alternatives.

We have scoured the internet to find the best alternatives to Etrade. Click on the links below to learn more.

Frequently Asked Questions about Etrade

Can I try Etrade before I buy?

Yes, you can most definitely try Etrade before you buy. Etrade provides demo accounts for the convenience of beginner traders. You may use this feature to build your faith in the machine as well as yourself and your trading strategies.

If you register to get a demonstration account on Etrade, you may set out using a decent amount of virtual currency. It is to establish a feeling of safety and confidence in you until you decide to invest your own money.

With this virtual Etradedemo account, you can experiment at all, to whatever length you wish. You might also start positions, test different trading approaches, and more.

Etrade specifies on its official site which you can exchange real time stocks with your demo account.

Is Etrade safe?

It is possible to drop all of your worries since we believe that Etrade is totally safe to use. It's in compliance with all the principles of Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA).

Even so, Etrade doesn't provide assured stop-loss protection.

Why does Etrade ask for my passport?

The reason that Etrade asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Etrade has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Etrade must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.

How can I start trading with Etrade?

The process to start trading withEtrade is perhaps simple enough to be a cakewalk. You need to begin by signing up on the Etrade website. It will require you to fill in details pertaining to the credibility and security of your account.

Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with Etrade is $100. You should have a good hold over the nuances of online trading before you set out and trade with real money.

If you are confident of your knowledge and understanding, you can open an account with Etrade.

The best way to kickstart your trading career with Etrade is to open a demo account facility before risking any real money

What funding methods do Etrade accept?

There are multiple ways to finance your accounts with Etrade. The process is effortless and quick, with various payment methods at your fingertips.

You can use debit or credit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing funds. You have to keep in mind that PayPal is not available in every country. The currencies Etrade

Is my money safe with Etrade?

Yes, your money is safe and protected with Etrade. As you already know, Etrade works with proper conformation to. It has established lots of measures to guard all of its investors.

Etrade protects its clients' private and sensitive data under SSL encryption. Your funds will be retained highly secure in top-tier banks.

If you wish to further protect your account, it is possible to empower Two-Step Verification as well. It takes an SMS confirmation that you access your accounts.

Is Etrade trading good?

Yes, trading via Etrade is a pleasant and decent experience indeed. It is an excellent and intuitive platform with useful features for your simplicity. In addition, you could even gain access to a huge collection of educational resources and assistive substance to kickstart your trading expertise.

If you are still skeptical, you can start a eToro demo account and evaluate the trustworthiness of the platform for yourself.

Which Countries does Etrade support?

Etrade operates across the globe. However, due to regulations there are some countries that Etrade do accept clients resident in

Is Etrade legit?

Etrade is a legit company headquarted in United States since 2012. They are regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA). Etrade is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.

Is Etrade a good broker?

Etrade is a great broker, and its users can vouch for this. The highlight of the platform is its fast order execution on trades.

You will find the clean layout of the platform and the admirable features that a pleasure to work with.

Is Etrade a trustworthy broker?

Yes, Etrade is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.

What is the minimum deposit for Etrade?

The minimum deposit to open a live account with Etrade is $100

How long do Etrade withdrawals take?

Normally, withdrawal of money from Etrade is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from Etrade to show in your bank account.

Are Etrade regulated?

Etrade are regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)

Is Etrade a market leading broker?

Etrade is currently among the business leaders. It supports over 10,000+ registered users and over 9 years of expertise on its record. They're one of the world's top trading platforms and a prominent figure in the Fintech revolution.

It simplifies this standing to its incredible platform and wide range of resources plus tools so that you may put money into capital markets.

Is Etrade a con?

No, Etrade is not a con. They are regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) and must adhere to their rules. Thus, it is safe to say that Etrade is not a scam.

Can you make money with Etrade?

Through Etrade, several traders make a lot of cash. But on average, through continual trading, you also can create between 2% - 10% profit a month.

This can look to be a small number, but within the year, this adds to a substantial amount of gains. While Etrade supply you all of the tools to earn money, they cannot guarantee that you will profit.

Does Etrade have fees?

Yes. To begin trading using Etrade, you need to deposit $100. Particular commissions while trading additionally applies. Any processing fees from your bank might need to be incurred by you.

When was Etrade founded?

Etrade was founded in 2012 in United States. Etrade is regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA).

How many people use Etrade?

Etrade is a globally recognised agent with 10,000+ clients.

Where is the Etrade head office?

Etrade has its head office in United States

Does Etrade offer negative balance protection?

No. Etrade doesn't provide negative balance protection. If your balance is unfavorable, Etrade suggests that you contact client services. With this, you can fix any imbalances in your own account.

Does Etrade offer guaranteed stop loss?

Etrade regrettably, doesn't provide guaranteed stop loss. Etrade gives an opportunity for its dealers to close their trades at their specified price. Apart from this, Etrade doesn't offer guaranteed stop loss.

Does Etrade allow scalping?

Yes, Etrade do allow scalping. Several traders throughout the world choose Etrade due to their scalping services. They offer trading on cTrader, SocialTrading, webPlatform, DesktopPlatform, Proprietary . which allow this.

Does Etrade allow hedging?

Yes, Etrade does allow hedging.

Can you trade energies with Etrade?

No, unfortunately you cannot trade energy stock with Etrade

Can you trade agricultural shares with Etrade?

No, unfortunately you cannot trade agricultural stock with Etrade

Can you trade cryptocurrency with Etrade?

No, unfortunately you cannot trade cryptocurrency with Etrade

Can you trade metals with Etrade?

No, unfortunately you cannot trade metals with Etrade

Can you trade UK Shares with Etrade?

Yes, you can trade UK shares with Etrade

Can you trade US Shares with Etrade?

No, unfortunately you cannot trade US shares with Etrade

Can you trade Japanese Shares with Etrade?

No, unfortunately you cannot trade Japanese shares with Etrade

Can you trade German Shares with Etrade?

Yes, you can trade German shares with Etrade

Does Etrade accept bank transfers?

No, Etrade does not accept bank transfers.

Does Etrade accept credit cards?

No, Etrade does not accept credit cards.

Does Etrade accept PayPal?

No, Etrade does not accept PayPal.

Does Etrade accept Skrill?

No, Etrade does not accept Skrill.

Does Etrade accept Payoneer?

No, Etrade does not accept Payoneer.

Does Etrade accept Neteller?

No, Etrade does not accept Neteller.

Does Etrade offer Live Chat customer support?

No, Etrade does not offer customer support through live chat.

Does Etrade offer phone customer support?

No, Etrade does not offer customer support over the telephone.

Does Etrade offer email customer support?

No, Etrade does not offer customer support through email.

What languages can Etrade communicate in?

Etrade has the ability to communicate and support customers who speak:

Does Etrade have a wikipedia page?

No, Etrade does not have an official wikipedia page.

Does Etrade offer demo accounts?

Yes, Etrade offers demo accounts so you can learn their systems before risking any real money.