ETRADE Review 2019

ETRADE Rated 3/5
ETRADE have a low rating. We recommend you look at one of their alternative brokers.
Plus500 matches your criteria. Visit Plus500 now here.

ETRADE Introduction

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of ETRADE we break down the pros and cons. What ETRADE are able to offer, what countries ETRADE are available in. Who ETRADE are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with ETRADE

  • Regulated by: St. George Bank
  • Headquarters Country : United States
  • Foundation year 2012
  • Min Deposit : 100
  • Used by over 10,000 traders
  • ETRADE is not available in the following countries :
Open ETRADE's Website

Your capital is at risk

At the bottom of this review you can also learn about some pretty good alternatives to ETRADE

With this review we hope to help you see if ETRADE is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding ETRADE that will help you get off to a good start in the world of online trading.

ETRADE Review Table of Contents

ETRADE what you should know

ETRADE offer five ways to trade: Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.

With ETRADE you will need a minimum deposit of $100. You can sign up for a demo account to acquaint yourself with ETRADE platform.

ETRADE are able to accommodate various levels of traders whether you are experienced or a beginner.


Are ETRADE safe?

When choosing a broker like ETRADE the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2012, and in operation for 7 years ETRADE have a head office in United States.

ETRADE is regulated. This means ETRADE are supervised by and is checked for conduct by the St. George Bank regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to ETRADE, this will be honored. If ETRADE violate any regulatory rules their regulated status could be stripped.

Any payments funded to ETRADE accounts by traders are held in a segregated bank account.

For added security ETRADE use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with ETRADE. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit ETRADE

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

What we like about ETRADE

  • Used by over 10,000 traders
  • Established in 2012
  • Regulated by St. George Bank
  • Min. deposit from $100

What we don't like about ETRADE

ETRADE General Fees

  • ETRADE withdrawal fees varies on payment method
  • ETRADE does charge inactivity fees
  • ETRADE does charge deposit fees

ETRADE Commissions

  • ETRADE does charge commission on CFD shares.

What can you trade with ETRADE?

You can trade a wide variety of instruments with ETRADE over 87 instruments infact.

If you are looking at trading currency pairs ETRADE offer over currency pairs.

Compare ETRADE with XTB and Plus500 below.

Your capital is at risk

FX / Currencies e*trade XTB Plus500
Forex pairs offered 50 100
Major forex pairs Yes Yes Yes
Minor forex pairs No Yes Yes
Exotic forex pairs No Yes Yes
Cryptocurrencies No Yes Yes
Commodity CFDs ETRADE XTB Plus500
Commodities offered 0 21 17
Metals No Yes Yes
Energies No Yes Yes
Agricultural No Yes Yes
Indiced & Stock CFDs ETRADE XTB Plus500
Stocks offered 1696 1816
UK Shares Yes Yes Yes
US Shares No Yes Yes
German Shares No Yes Yes
Japanese Shares No Yes Yes
e*trade
Instruments
XTB
Instruments
Plus500
Instruments

Trading on ETRADE web platforms and other applications

ETRADE offer a user-friendly custom trading platform, available as both a downloadable program or as a browser based WebTrader. If you are looking for a MetaTrader broker, see our comparison of MT4 brokers here.

ETRADE is one of a handful of brokers that offer the cTrader platform developed for traders. For a list of forex brokers that offer the cTrader platform, check out our comparison of MT4 brokers.

ETRADE also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

See e*trade's platforms

ETRADE Trading benefits :

  • Low min deposit

ETRADE Trading Accounts Offered :

  • Demo account
  • Standard account
  • Islamic account

Can I try ETRADE before I buy?

ETRADE offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

What funding and withdrawl methods do ETRADE accept?

ETRADE offer the below funding payment methods. learn more about ETRADE

  • Credit cards
  • Skrill
  • Neteller

How can I start trading with ETRADE?

When opening a trading account with ETRADE, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on ETRADE trading platforms here.

Performing trades with ETRADE

ETRADE allow you to execute a minimum of trade of $6.95. This may vary depending on the account you open. ETRADE allow you to execute a maxium trade of varies.

As a market maker, ETRADE may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments.

Education resources at ETRADE

To trade effectively with ETRADE, it's important to get a have a good understanding of the XTB trading tools and the markets.

ETRADE offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with ETRADE.

Take time to look around the ETRADE platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Support at ETRADE

ETRADE support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

What you will need to open an account with ETRADE

As ETRADE is regulated by St. George Bank, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore ETRADE's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with ETRADE you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://us.etrade.com/ on 12th August 2018.

ETRADE not quite right?

Check out these ETRADE Alternatives

We have spent years researching the best alternatives to ETRADE. Click the links below to learn more.

If you feel some of the above ETRADE are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of ETRADE alternatives below.

Related ETRADE Comparisons

If you would like to see how ETRADE stands up against other brokers you can read some of our ETRADE comparisons below. We compare side by side some of our top rated ETRADE versus comparisons. Read some indepth ETRADE VS pages below.

ETRADE Frequently Asked Questions

Can I try ETRADE before I buy?

ETRADE offer a demo account so you can try before you put down and payment. Learn more here

What funding methods do ETRADE accept?

ETRADE offer the following funding payment methods accept Credit cards, Skrill, Neteller, among other payment methods.
Learn more here

Your capital is at risk

How can I start trading with ETRADE?

When opening a trading account with ETRADE, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on ETRADE trading platforms here.

Is my money safe with ETRADE?

ETRADE is regulated by St. George Bank. One of the most important criteria for traders when choosing a broker like ETRADE is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to ETRADE, this will be honored. If they violate any regulatory rules their regulated status can be stripped.