SELECT * FROM future.stocks WHERE name like '%etrade%' LIMIT 1; How To Buy Etrade Stock ? - Grow Your Financial Portfolio

How To Buy Etrade Stock

You can buy Etrade shares with one of the brokers below depending on the type of trading you wish to conduct. You can buy Etrade shares with a broker like eToro or you can trade Etrade CFDs with XTB you can begin trading Etrade shares right away.

If you are buying shares in UK or Europe eToro offer 0% free commission on stocks. This is a big eToro selling point.

when a client buys Etrade stock at 1x leverage with eToro its completely free and they are buying the underlying stock. Also with eToro, clients can buy fractional shares – Min deposit is $200, but $50 is the minimum trade on stocks. eToro are one of the cheapest places to buy stocks.

Broker eToro XTB FP Markets City Index Trading212 Plus500
Rating
Used By 12,000,000+ 250,000+ 10,000+ 14,000+ 14,000,000+ 15,500+
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Scroll down to read our indepth article on How To Buy Etrade Stock. What you should know, Types of trading Etrade Stock and CFD's. Pros and Cons, everything is explained below.

Etrade Financial Details

Financial Details

Etrade Stock symbol ETFC
Etrade Sector and Industry Financials Asset Management
Etrade Exchange NASDAQ - National Association of Securities Dealers Automated Quotations exchange
52 Week High $52.35
52 Week Low $34.68
Etrade Market Capitalisation $9,572,033,491.00
Etrade Average Volume 2,411,344.00
Etrade PE 11.19
Etrade EPS 3.85
Stock Currency USD

Overview of Etrade

Etrade is an American Financials Asset Management company currently traded on the NASDAQ which fully known as the National Association of Securities Dealers Automated Quotations exchange.

Etrade trades under the stock symbol ETFC on the NASDAQ.

Etrade shares are exchanged in USD on the NASDAQ.

Etrade has a current share price of $42.94 USD dated 31/01/2020.

The highest Etrade share price over the last 52 weeks was $52.35 USD and its lowest price over the last 52 weeks was $34.68 USD. That is a 52 week price range of $34.68 - $52.35.

Etrade Trading Volume and PE

Etrade currently has 222,622,000.00 active shares in circulation traded through the NASDAQ exchange.

Etrade market capitalization is $9,572,033,491.00 with an average daily trading volume of 2,411,344.00 shares.

Trading volume is the amount a security that was traded during over a certain duration. When talking about shares volume refers to the number of shares that have been bought and sold during a given day.

Etrade has a Price Earning Ratio ( PE ) of 11.19 and earning per share ( EPS ) of 3.85. Generally speaking Etrade having a high P/E ratio means that Etrade investors forsee increased growth with Etrade in the future. The current average market P/E ratio is roughly 20 to 25 times earnings. Companies that are losing money do not have a P/E ratio.

Etrade earnings per share is Disney company profit that's allocated to every Etrade common stock. Earnings per share is calculated by taking the difference between Etrade's net earnings and dividends paid for preferred stock and then dividing that amount by the average amount of Etrade shares outstanding.

Etrade Financial Charts

Financial Details

Etrade Information

Etrade Location & Contact Information

Address 11 Times Square 32nd Floor New York, NY 10036 United States
Phone Number 1-646-521-4418
Website URL us.etrade.com

Etrade Executives and Board Members

Chief Executive Officer Michael A Pizzi
Chief Financial Officer Chad E Turner
Chief Operations Officer David Inggs
Etrade Board Member Rodger A Lawson
Etrade Board Member Kevin T Kabat
Etrade Board Member Donna L Weaver

How To Buy Etrade Stock Guide

Buying Etrade Stocks and CFDs

When investing in Etrade you have several options as to what type of investment you wish to conduct. You can buy traditional Etrade shares with one of our listed brokers or you can trade what is known as CFDs or contracts for difference.

We explain in detail the difference between buying Etrade shares with stock brokers and trading Etrade with CFDs below.

Etrade CFD Trading vs Traditional Share Dealing

CFD trading is quite much like stock trading except when you exchange a CFD you do not actually own any Etrade stock.

If you buy Etrade shares with a stock broker you actually own a share of Etrade. When you trade a contract for difference (CFD) you have an agreement with your CFD broker and are speculating that the Etrade price will change up or down.

Lets explain why you would buy Etrade as a CFD instead of as a share.

If you went and brought 100 Etrade shares at $100 a share with a stock broker you own $1000 of Etrade.

The main difference when trading Etrade as a CFD and buying Etrade as a share is contracts for difference offer increased leverage.

Contracts for difference are traded on margin which means to have $1000 invested in Etrade you would not need to invest the full amount as you would with a stock broker. You could invest a fraction of the amount ( known as the CFD margin ) with a CFD to hold a similar position in Etrade. Trading an Etrade CFD allows investors to hold larger positions than their invested amount. Be aware that although investing in an Etrade CFD like this amplifies any potential profit. It always exaggerates your potential losses which may exceed your amount invested.

If you invested in an Etrade share with a stock broker you would only lose the amount you invested as you pay the total cost of your position to your broker upfront. There is no leverage.

An Etrade CFD long would be hoping to profit from a rise in the Etrade share price. An Etrade CFD short would be aiming to profit from a fall in the Etrade stock price. Trading CFDs allows traders to profit from both directions of the Etrade price on the financial exchange. Giving traders greater chance to move with the financial markets.

With traditional Etrade shares you can only profit from a rise in the Etrade stock price.

Etrade CFD and Stock Market Times

When trading in traditional Etrade shares you are limited to when the stock exchange is open. You can only buy and sell with your broker when the market is open.

With CFD trading you can deal 24/7 around the clock.

Buying Etrade Shares with a Broker

Buying shares with a stock broker limits your risk to your initial investment as stock brokers require you to pay for the total amount of your investment. Stock brokers offer no leverage or loans when buying Etrade stock. This limits your risk to your initial amount invested in Etrade. You can only lose the amount invested with traditional Etrade shares. Another benefit of buying Etrade shares with a broker is that you may be eligible to receive Etrade company dividends if applicable.

If you Invest in Etrade via a CFD you have no shareholder privileges as you don't actually own any underlying assets in Etrade. If you buy Etrade stock with a broker you may receive shareholder perks and benefits. There are certain requirements to be eligible for some of these Etrade benefits as in owning a certain amount of stock for a set period.

If you own shares in Etrade you may be eligible to voting rights at Etrade shareholder general meetings.

Etrade Shares and CFDs and Tax

You should confirm with your local tax office but CFDs are free from stamp duty. When trading CFDs losses can be offset against profits when submitting your tax return.

Investment in Etrade Stocks and shares are only exempt from tax if the Etrade shares were brought through an ISA ( Individual Savings Accounts ) or SIPP ( Self Invested Personal Pensions ).

Should I trade Etrade Stocks and Shares or Etrade CFDs?

There are pros and cons to trading in both Etrade Stocks and CFDs. Which is better depends on each investor and a few factors.

Investing in Etrade stocks and shares is better suited for long term investments. Historically Etrade shares provide better returns over the long term, usually a 10 year period.

Etrade CFD trading is more suited to intra day and mid term traders. Wth intra day trading on an Etrade share investors aim to profit on the fluctuating highs and lows of the Etrade price throughout the day. Day trading as you can imagine focuses on profiting from the daily Etrade stock price change.

Both types of trading have different benefits and risks. Make sure you have a good understanding of what you are doing before you invest.

With CFD trading as you can short or long an Etrade stock you can hedge a trade against another trade.

A hedge is an investment that protects the money you have invested from risk. Traders hedge to minimize or offset a loss in value of an Etrade share price for example to a known amount.

Example Cost of Buying Etrade as a CFD Trade and Shares Side by Side

*All values below are estimates and are for illustrative purposes only. Please visit a broker for correct prices.

CFD and Share deals differ from broker to broker so check you are aware of the actual costs with your brokers.

Etrade CFD trade example Etrade Share deal example
Market price $42.94 $42.94
Broker Deal Invest $8.588 at 1:5 Margin (20%) Buy at $42.94 a share
Deal size 100 shares 100 shares
Initial outlay

$858.8

(Margin = exposure x 20% margin factor)

$4294

(100 shares at $42.94)
Stamp duty No £20
Close price Sell at $51.528 Sell at $51.528
Estimated Profit

(8.588 point increase x 100 shares = $858.8)

*Not including commission fees and taxes

($5152.8 - $4294 = $858.8)

*Not including commission fees and taxes
Trade Etrade CFDs now with XTB Trade Etrade Shares now with Etoro

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Etrade shares and CFDs.

We compare multiple aspects of brokers to help you make a more education decision when investing in Etrade.