ETRADE Review 2020

ETRADE Rated 3/5
learn more Learn more about eToro. 71% of retail investor accounts lose money when trading CFDs with this provider.
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ETRADE Guide - Read our In Depth ETRADE Review

This ETRADE review was written by industry experts with over 20 years of financial experience in Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.

What is ETRADE?

ETRADE are an a global online financial trading platform and multi asset broker founded in 2012

Over 8 years later ETRADE has grown to offering retail investors Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading.

ETRADE are a global broker and have a head office in United States.

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

We will dive deep in this ETRADE review and assess how well the ETRADE platform functions in its role as an international multiple financial asset trading platform for traders in 2020.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. Choosing an online broker like ETRADE can be difficult. For a beginner, the first few hurdles can come in the form of what appears to be a complex mobile or online trading platform, hard to understand investment terminology and confusing fee structures. In our review of ETRADE we breakdown 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.

This is why we have taken the time to review only the best brokerage firms, their practices, their fee structure and all other important aspects. We want you to evaluate and analyse and trust your hard-earned cash with only the safest and best of brokers. We hope you find this ETRADE review useful.

This review of the ETRADE platform is very detailed. If you are interested in trading with ETRADE in any capacity please take the time to read and research the whole ETRADE review.

We have tried to explain the ins and outs of financial trading through the ETRADE platform as plainly as possible so that you the trader are as informed as possible before you start to use the ETRADE trading tools and depositing and withdrawing funds from ETRADE.

Benefits of trading with ETRADE

Open ETRADE's Website

Your capital is at risk

Investing online can be just as risky as any other kind of offline investment. As with any investment, it is important to know and research the company you are dealing with. When trading financial assets with ETRADE like Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading. you should have confidence in ETRADE and know that the management of your financial investments on the ETRADE platform is in good hands.

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

With this ETRADE 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 review
ETRADE is a Multi-Assets Trading Platform with over 87+ Assets

Learn more about ETRADE. ETRADE is a multi asset platform with 87+ tradable Assets. Assets available on ETRADE include Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.

ETRADE trades in multiple financial asset types. An asset in financial investment, is any security or asset, tangible or intangible, that has a financial value attached. This means that Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing are considered financial assets.

ETRADE review
Features of ETRADE

ETRADE review
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.

ETRADE review
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 8 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 Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) 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.

ETRADE review
Is my money safe with ETRADE?

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.

What are Tier 1 banks and why should ETRADE use them?

A Tier 1 bank is considered the safest and most secure regarding client capital. Tier 1 is actually a term describing the financial strength of a bank. A Tier 1 bank has strong core capital reserves and financial regulators utilize tier one banks because they are able to withstand unexpected financial losses.

What does it mean to have your funds in ETRADE deposited in a Tier 1 bank?

Having any money you deposit with ETRADE means that your funds are safe in a bank that has enough capital to accommodate your withdrawal wishes even if ETRADE goes out of business for some reason.

Therefore, we can safely conclude that ETRADE is secure and safe.

That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform.

While trading in financial investments, losing money rapidly due to trading Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility. ETRADE also clearly state on their platform that Your capital is at risk.

Now that we have answered some important questions regrding ETRADE. let us look at the ETRADE features in more detail.

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.

How ETRADE as a Company Compare Against Other Brokers

Broker e*trade eToro IC Markets XTB
Year Established 2012 2006 2007 2002
Head Office United States Cyprus, UK Australia Poland
Regulation Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)
Used By 10,000+ ETRADE users 12,000,000+ eToro users 60,000+ IC Markets users 250,000+ XTB users
Negative balance protection Yes Yes Yes
Guaranteed Stop Loss No No No
Learn More Visit ETRADE Visit eToro Visit IC Markets Visit XTB
Risk Warning Your capital is at risk 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

ETRADE review
ETRADE Pros and Cons

What we like about ETRADE

  • Used by over 10,000 ETRADE users and traders
  • Established in 2012
  • Regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)
  • Min. deposit from $100

What we don't like about ETRADE

ETRADE review
ETRADE Regulation and Licensing in more detail

We have checked and ETRADE is regulated and supervised by reputable organisations. You are able to check every ETRADE supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with ETRADE. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect ETRADE traders and provide a safe trading environment.

ETRADE is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as ETRADE you should be sure they're legitimate online agent.

ETRADE review
Is ETRADE Global?

Yes, ETRADE is global as ETRADE is available in over 194 countries.

ETRADE is a global trading platform in the sense that it operates in 194 nations including nations in Europe, Asia, Oceania, and Africa. Major countries ETRADE covers include the UK, Germany, Australia, South Africa, Thailand, the United States and China. ETRADE has a total of more than 10,000 users.

ETRADE review
ETRADE Fees Explained

  • ETRADE withdrawal fees varies on payment method
  • ETRADE does charge a fee for inactive accounts.
  • ETRADE does charge deposit fees.

Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company, brokers may charge clients various fees.

How ETRADE Fees Compare Against Other Brokers

Broker e*trade eToro IC Markets XTB
Min Deposit 100 200 200 0
Withdrawal Fees $20 Yes No varies
Inactivity Fees Yes No No
Deposit Fees No Varies No
CFD Commission Fees No Yes Yes

ETRADE review
ETRADE Minimum Deposit

ETRADE require a minimum desposit of 100 GBP/USD when opening an ETRADE trading account.

A minimum deposit is the minimum amount of money required by ETRADE to open a new online brokerage account with them.

Dont be scared off by brokers like ETRADE charging a minimum deposit to open a trading account. Brokers that charge higher minimum deposits often offer additional premium services on there platforms that are not available for free on other platforms.

Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.

Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other fees may be higher with a low minimum deposit account.

Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.

As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.

Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.

ETRADE review
ETRADE Withdrawal Fees

ETRADE withdrawal fees vary depending on your selected withdrawal payment method.

Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.

This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees and processing times.

ETRADE for example allow you to withdraw your funds to Visa, MasterCard, American Express, Credit cards, payments, PayPal, Bank Wire transfer.

ETRADE review
ETRADE Inactivity Fees

ETRADE does charge a fee for inactive accounts.

An account inactivity fee is a fee charged to the registered brokerage client.

Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.

If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.

Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.

If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.

Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.

Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.

ETRADE review
ETRADE Desposit Fees

ETRADE does charge deposit fees.

Some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.

ETRADE review
ETRADE Commission Fees

ETRADE does charge commission on CFD instruments.

A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.

A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.

Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.

Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.

If a market order is not fulfilled by your brokerage usually no commission is charged.

Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.

ETRADE review
What can you trade with ETRADE?

Be aware that Different entities under ETRADE Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

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 eToro and IC Markets below.

Your capital is at risk

How ETRADE Trading Options Compare Against Other Brokers

Broker e*trade eToro IC Markets XTB
Instruments Available 87 2000 232 4000
Platforms cTrader, SocialTrading, webPlatform, DesktopPlatform, Proprietary . Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 50 65 50
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs No Yes Yes Yes
Exotic Forex pairs No Yes Yes Yes
Cryptocurrencies No Yes Yes Yes
Commodity CFDs        
Commodities Offered 0 31 19 21
Metals No Yes Yes Yes
Energies No Yes Yes Yes
Agricultural No Yes Yes Yes
Indiced & Stock CFDs        
Stocks Offered 957 100 1696
UK Shares Yes Yes No Yes
US Shares No Yes Yes Yes
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes Yes
Risk Warning Visit ETRADE
Your capital is at risk
Visit eToro
71% of retail investor accounts lose money when trading CFDs with this provider.
Visit IC Markets
Losses can exceed deposits
Visit XTB
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

ETRADE review
Trading on ETRADE web platforms and other applications

ETRADE offer a user-friendly custom trading platform, available as a browser based web application. If you would rather see a comparison of MT4 brokers, you can so 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 ETRADE's platforms

ETRADE review
Is the ETRADE Trading Platform Secure?

ETRADE safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. ETRADE also urges its clients through its web platform to always look for the SSL security sign (a lock sign) o the browser while operating ETRADE.

ETRADE review
ETRADE Trading Platform Options

Once you have logged into your ETRADE account you will see the below trading platform options available to you.

  • cTrader

ETRADE does not offer the MetaTrader 4 (MT4) trading platform. If you are looking for a online platform that does offer MT4 you will find them here

ETRADE does not offer the MetaTrader 5 (MT5) trading platform. If you are looking for a online platform that does support MT5 click here

Lets explore each of these trading platforms in detail and what options ETRADE gives you.

ETRADE review
ETRADE cTrader

ETRADE cTrader

CTrader is a comprehensive trading platform solution for Forex and CFD brokerages to provide to their traders. The platform is packed with a complete variety of features to cater to each and every investment taste imaginable.

The cTrader Premium Charting and Manual Trading Platform available on ETRADE

cTrader is a top multi-asset Forex and CFD trading platform. cTrader offers advanced order types, charting tools, amount II pricing, and quick entry and execution. Using a amazing looking layout and dashboard, it is linked to state of the art infrastructure, that can be accessed from many devices.

IC Markets cTrader

cTrader Copy available on ETRADE

CTrader Copy empowers everyone on the platform to share their investment strategy and to share their trading strategy for a fee or commission. Other dealers can search and replicate the approaches available, and revel in a commitment-free investing. Furthermore, traders can use their own risk management configurations.

IC Markets cTrader Copy Trading

cTrader Automate available on ETRADE

CTrader Automate provides traders the ability to create algorithmic trading robots to automate financial trading plans. Dealers can use cTrader's contemporary C# API to write code within the IDE, the IDE allows developers optimize and test their financial robots.

cTrader Open API available on ETRADE

Build your own software using cTraders Open API. It is a free, secure and publicly available API for all. Developers can take advantage of cTraders mature infrastructure to construct desktop, mobile and online software. The open API allows developers to interact and interface with any cTrader account.

You can learn more about the cTrader Platform Here.

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

Your capital is at risk

ETRADE withdrawal and funding methods.

Please note that the list of ETRADE payment methods below depend on the ETRADE Entity and the Clients Country of Residence.

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

ETRADE Payment Methods

  • ETRADE accepts Visa
  • ETRADE accepts MasterCard
  • ETRADE accepts American Express
  • ETRADE accepts Credit cards
  • ETRADE accepts payments
  • ETRADE accepts PayPal
  • ETRADE accepts Bank Wire transfer
Broker e*trade eToro IC Markets XTB
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal Yes Yes Yes Yes
Skrill No Yes Yes Yes
Payoneer No Yes No Yes
Neteller No Yes Yes Yes

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.

Your capital is at risk

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 instruments.

ETRADE Leverage and ETRADE CFDs Explained

let's take a look at some of the basics of using ETRADE leverage.

ETRADE offer CFD are a leveraged product for this example we describe ten times leverage.

So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. This is your leverage.

So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.

ETRADE leverage magnifies both profits and losses when trading.

Let's say for example you buy ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) using the ETRADE trading platform.

let's say General Electric (GE) rises 10% because its results are positive your position which was worth ten thousand dollars is now worth $11,000.

It's grown by $1000 10% in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade.

Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent.

The ETRADE leverage goes both ways. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. It has fallen by a thousand dollars.

ETRADE CFDs are typically used for short to medium term trades. For example ETRADE intraday trading.

Education resources at ETRADE

To trade effectively with ETRADE, it's important to get a have a good understanding of the ETRADE 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.

Customer 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

ETRADE have a D grade support rating because because sometimes the response was slow or our query wasnt answered. ETRADE less customer support features compared to other brokers like live chat, phone and email support. email support and supports a limited amount of Languages. Phone support supports a limited amount of Languages.

Livechat Support at ETRADE

ETRADE does not offer LiveChat Support.

Email Support at ETRADE

We sent several emails to ETRADE and answer times overall were excellent. The fastest response from ETRADE was 4 hours and the slowest response was 5 days. Sometimes there was no response. Support response times may vary for you with ETRADE, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall average email support from ETRADE.

Phone Support at ETRADE

We called ETRADE and the call was answered very quickly. The call was answered in less than 5-10 minutes.

The ETRADE phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual ETRADE team by calling in varying languages. ETRADE made an effort to make sure our queries were answered.

Overall the phone support from ETRADE was okay.

See how ETRADE Support Compares Against Other Brokers

Broker e*trade eToro IC Markets XTB
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, German, Spanish, French, Italian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
Learn More Visit ETRADE Visit eToro Visit IC Markets Visit XTB
Risk Warning Your capital is at risk 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

What you will need to open an account with ETRADE

As ETRADE is regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA), 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:

Be aware Please kindly note that the expiration date of Proof of address document for different entities under ETRADE Brand may be different.

  • 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 3 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 the ETRADE trading platform 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 November 29, 2020.

ETRADE review
Is ETRADE A Good Broker?

We spent over 3 months examining ETRADE in depth. Although we found some very useful aspects of the ETRADE platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative ETRADE broker.

  • ETRADE have a good track record of offering Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.
  • ETRADE has a history of over 8 years.
  • ETRADE has a reasonable sized customer support of at least 10.
  • ETRADE are regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA). This means ETRADE fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • ETRADE have regulation from a Tier 1 reputable country.
  • ETRADE has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • ETRADE have an international presence in multiple countries. This includes local ETRADE seminars and training.
  • ETRADE are able to hire people from various locations in the world who can better communicate in your local language.

ETRADE Risk Disclaimer

Your capital is at risk

ETRADE review
ETRADE not quite right?

If after reading this ETRADE review, ETRADE does not fulfill your needs check out these ETRADE Alternatives.

Click here to view the best 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.

ETRADE review
Related ETRADE Vs Comparisons

We have covered allot in this ETRADE review, If you want to see how ETRADE compares side by side with other brokers check out our ETRADE Vs pages.

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 our indepth ETRADE VS pages below.

ETRADE review
ETRADE Frequently Asked Questions

Can I try ETRADE before I buy?

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

What funding methods do ETRADE accept?

Please note that the list of payment methods below depend on the ETRADE Entity and the Clients Country of Residence.

ETRADE offer the following funding payment methods Visa, MasterCard, American Express, Credit cards, payments, PayPal, Bank Wire transfer, among other payment methods.
Learn more here

Your capital is at risk

Is ETRADE safe?

ETRADE are considered safe as they are regulated by and checked for conduct by the Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA). 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.

Is ETRADE trading good?

ETRADE is considered good and reputable to trade with ETRADE. ETRADE is used by over 10000 active traders and ETRADE users. ETRADE offers Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading. Minimum deposit with ETRADE is 100.

Is ETRADE trading Legit?

ETRADE was founded in United States in 2012. ETRADE has been facilitating trade on the financial markets for over 8 years. ETRADE offers clients Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading. All funds deposited to ETRADE are held in segregated tier 1 bank accounts for security. ETRADE is regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) so can be considered legit.

Is ETRADE a good broker?

ETRADE is overseen by the top tier financial regulators Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) so can be considered a good broker. ETRADE allows Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading.

Is ETRADE trustworthy broker?

ETRADE can be considered trustworthy. All money funded to ETRADE is placed into a segregated tier 1 bank account. this means your money in not held by ETRADE directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also ETRADE is regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA).

What is the minimum deposit for ETRADE?

The minimum deposit to trade with ETRADE is 100.

How long do ETRADE withdrawals take?

Withdrawing money from ETRADE processing time varies but averages 2-5 days.

Is ETRADE regulated?

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

Is ETRADE a market maker?

ETRADE is a not a market maker. A market maker speeds up trading as a market maker will purchase your stocks and commodities even is a buyer is not lined up.

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 Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA). 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.

Is ETRADE a con?

ETRADE is regulated and well established having been in business for over 8 years. ETRADE is definitely not a con.

Can you make money with ETRADE?

Although traders have had great success with ETRADE. Trading on the financial markets with ETRADE is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.

Does ETRADE have fees?

ETRADE withdrawal fees varies on payment method. ETRADE does charge a fee for inactive accounts. ETRADE does charge deposit fees.

When was ETRADE founded?

ETRADE was founded in 2012.

How many people use ETRADE?

ETRADE is used by over 10000 registered ETRADE users.

What is ETRADE Headquarters country?

ETRADE has its head quarters office in United States.

Does ETRADE offer negative balance protection?

ETRADE does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does ETRADE offer guaranteed stop loss?

ETRADE does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does ETRADE allow scalping?

ETRADE does not offer scalping.

Does ETRADE allow hedging?

ETRADE does not offer hedging.

Does ETRADE offer CFD trading?

ETRADE offers CFD trading.

Does ETRADE offer STP?

ETRADE does not offer STP trading.

How many people use ETRADE?

ETRADE is used by over 10000 ETRADE users and traders.

Is ETRADE an ECN broker?

ETRADE does not offer ECN trading.

Does ETRADE offer a demo account?

ETRADE offers a demo account.

Does ETRADE offer an Islamic account?

ETRADE offers a Islamic accounts.

What are the funding methods for ETRADE?

ETRADE accept the following funding methods : Visa, MasterCard, American Express, Credit cards, payments, PayPal, Bank Wire transfer.

ETRADE review written by Andrew Blumer and Mark Hansen

We hope you found our review of the ETRADE brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

ETRADE review written by Mark Hansen of Comparebrokers.co