- E*Trade offers commission-free trading for US stocks, ETFs, and options through a user-friendly trading platform with advanced features and mobile access.
- E*Trade, which was recently acquired by Morgan Stanley, has been in business for almost 40 years and offers a variety of trading options and instruments for investors to invest in.
- E*Trade’s fee and pricing structure is competitive, but traders should consult E*Trade’s stock fee calculator and compare it with other brokerage firms’ fees before making a decision.
Overview of Etrade Solid Gold
2.8/5 Ratings
Introducing E*TRADE Solid Gold – a popular choice among traders! We’re here to review its features, benefits and drawbacks
E*TRADE Solid Gold offers traders a powerful tool. It provides news, research tools, stock analysis and trading alerts, to help them make the right decisions. Plus, it gives access to diverse investment options – such as stocks, bonds, mutual funds, and ETFs. It’s incredibly versatile, and has a user-friendly interface for easy access on any device.
To sum up, E*TRADE Solid Gold is a great investment tool. It offers extensive features and a range of options, helping traders build and grow their portfolio.
Pros and Cons
Pros
✅ A wide range of investing options
✅ Tools that are simple to use
✅Access to a wealth of research
✅Options, ETF trades, and stocks with no commissions
Cons
❎ Some people find the site difficult to navigate.
❎ There are no physical gold IRAs available.
Etrade’s Background and Services
E*TRADE has a history of providing financial services to clients in the United States. In 2020, E*TRADE was acquired by Morgan Stanley. E*TRADE offers commission-free trading on stocks, options, and ETFs. They also offer a range of trading options, including mutual funds, bonds, and futures. E*TRADE has a trading platform and mobile app that have been well-received by customers.
Etrade’s History and Acquisition by Morgan Stanley
E-Trade commenced its journey in the financial market in 1982 and has since provided investors with various trading solutions. In 2020, Morgan Stanley acquired E-Trade for around $13 billion, amplifying its wealth management and complementary businesses greatly. This takeover made Morgan Stanley one of the major retail-online brokers, competing with the likes of Charles Schwab Corp., TD Ameritrade Holding Corp., Interactive Brokers Group Inc., and others.
The TradePlus platform was initially founded by E-Trade, which stands for “Electronic Trading.” Soon, it became a top-notch online trading firm, prospering through acquisitions too. Trust Company of America, an investment advisory and brokerage firm based in Colorado, was bought by E-Trade in 2018.
Thanks to the acquisition by Morgan Stanley, E-Trade’s base-level customers can access thousands of stock and ETF offerings without Morgan Stanley charging any commission fees. The platform has been improved with advanced technology for customer profiles, both online and offline. Despite fears of potential fee rises after the acquisition, there have merely been minor tweaks to the platform, and no major fee changes have been implemented.
Etrade’s Commission-Free Trading
E*TRADE: a great choice for traders who want to avoid commission fees. Buy and sell stocks, ETFs, mutual funds, and options – no extra charges! E*TRADE’s commission-free trading works with both its online platform and mobile app, so you can access it wherever you are.
Also, E*TRADE offers a wide range of ETFs from top providers like Vanguard and iShares, helping you save money. This could mean higher returns for you.
It’s important to remember that E*TRADE’s commission-free trading applies to certain ETFs and stocks, and may have some restrictions. Nevertheless, E*TRADE’s commitment to providing cost-effective solutions is admirable. All in all, E*TRADE’s commission-free trading is an attractive offer for traders of all levels.
Etrade’s Trading Platform and Mobile App Features
E*TRADE has a trading platform and mobile app that provides an array of trading services. You can access the platform on the web or with the mobile app. It’s packed with robust and intuitive trading tools that enable custom trading views and charting functions. Real-time news updates and market data helps traders stay in the know, and watchlists to keep track of favorite securities.
The platform also has several order types, such as market, limit, stop, and trailing-stop orders. The mobile app is user-friendly and makes trading simple and convenient.
E*TRADE also offers educational resources to improve your investing knowledge and skills.
E*TRADE’s trading platform and mobile app are designed for traders who want accessibility and robust trading tools. With its customizable view, users can personalize their view and still get real-time news updates.
Don’t miss out – join E*TRADE today to access its comprehensive trading services!
Etrade’s Available Trading Options and Instruments
Etrade offers a wide variety of trading options and instruments to help customers make informed decisions. For stocks, they offer common stock, preferred stock and ETFs. Options traders can choose from equity options and index options. Futures trading is also on offer, with traders able to select commodity or currency futures. Additionally, Etrade provides access to corporate and treasury bonds.
Etrade’s Fees and Pricing
If you are seeking an online broker, it is vital to evaluate fees and pricing. In this section, we will examine Etrade’s fees and pricing structure to determine how it compares to other brokers. Moreover, we will analyze Etrade’s stock fee calculator to assist you in estimating costs and selecting the appropriate investment strategy.
E*TRADE is packed with features and benefits. Firstly, you can enjoy commission-free trades on stocks, options, and ETFs. Plus, the mobile app provides live streaming quotes, custom view lists, market news updates, and notifications. Keeping you informed about price movements of your chosen investments.
Etrade’s Stock Fee Calculator
E*TRADE’s stock fee calculator is great for traders who want to know the costs of trading stocks on their platform. It takes into account the number of shares, market price and commission fees to calculate the total cost.
We made a table with columns for symbol/stock name, market price, total cost with commissions, and the breakdown of commission fees for different trade volumes. This helps traders see how factors can affect the cost.
What makes E*TRADE’s stock fee calculator unique is that it takes trade volume into consideration. Data shows frequent traders get lower commission fees per trade than less active traders. This means higher volumes can result in cost savings.
To use the calculator well, traders should use online calculators. They should also take advantage of E*TRADE’s promotions or incentives to reduce fees. All in all, E*TRADE’s stock fee calculator is ideal for traders who want to manage their trading costs.
Etrade’s Comparison with Similar Brokers
E*TRADE is a top online brokerage firm. We compare it to other brokers in the industry, like Charles Schwab, TD Ameritrade, and Fidelity.
We have info on E*TRADE’s features and fees, such as minimum deposits, stock trade commissions, ETF trade commissions, account fees, bond trading fees and more. This lets readers see how E*TRADE stacks up in the market. All brokers offer similar services, but each has unique features.
Final Thought – Etrade Solid Gold
Evaluating the best online trading platform for your investments requires a meticulous review, considering the best features, limitations, and ideal user types. In this conclusion segment, we will focus on E*TRADE’s offerings and its suitability for traders, while discussing the platform’s best features and benefits, its limitations and drawbacks, and its ideal user and account types.
E*TRADE is packed with features and benefits. Firstly, you can enjoy commission-free trades on stocks, options, and ETFs. Plus, the mobile app provides live streaming quotes, custom view lists, market news updates, and notifications. Keeping you informed about price movements of your chosen investments.
Five Facts About Etrade:
E*TRADE is an online broker in the US with almost 40 years of history. (Source: tradingplatforms.com)
It offers commission-free trading for US stocks, ETFs, and options. (Source: tradingplatforms.com)
E*TRADE was recently acquired by Morgan Stanley, which will advance its product and service offering. (Source: tradingplatforms.com)
E*TRADE offers a variety of interactive charts and analysis tools. (Source: finder.com)
E*TRADE is best for all types of traders, except those interested in trading cryptocurrencies or forex or wanting access to fractional share trading. (Source: finder.com)
FAQs About Etrade Solid Gold Review
What is E*TRADE?
E*TRADE is an online broker in the US with almost 40 years of history. It offers commission-free trading for US stocks, ETFs, and options. It should be noted that the data quoted represents past performance and past performance is not indicative of future results. Investment returns and share prices will fluctuate daily, and your investment may be worth more or less than your original cost upon redemption. Therefore, current performance may be lower or higher than quoted data. It is important to click on the fund name for the most recent quarter-end performance and current metrics before making any investment decisions.
What types of accounts can I open with E*TRADE?
Account types available with E*TRADE include personal brokerage, managed portfolios, retirement (multiple IRA types), small business retirement, and bank accounts.
What types of assets can I trade on E*TRADE?
E*TRADE offers a full investor package, with sophisticated trading platforms and a wide range of securities, including stocks, ETFs, mutual funds, options, futures, and bonds. However, it should be noted that forex, indices, and cryptocurrency trading are only available via futures. Additionally, there are no international stocks or fractional shares available, and limited payment methods.
What are the fees for trading on E*TRADE?
E*TRADE offers commission-free trading on stocks, ETFs, and options, with low trading fees. Some mutual funds and bonds are also free, and there is no inactivity fee. However, non-free mutual funds have high fees. E*TRADE’s fees have been compared to those of two similar brokers, Charles Schwab and Fidelity. It should be noted that E*TRADE has launched a new stock fee calculator that allows users to check the commission fee of a specific stock trade. The calculator uses end-of-the-day stock prices provided by marketstack.com and only handles whole share transactions.
What is the minimum deposit required to open an account with E*TRADE?
The minimum deposit required to open an account with E*TRADE is $0.
What is the Power E*TRADE platform?
The Power E*TRADE platform is a sophisticated trading platform offered by E*TRADE that provides advanced trading, including options and futures trading, as well as interactive charts and analysis tools. It is an excellent platform for active traders. Additionally, E*TRADE provides a robo-advisor for passive investing, which includes paper trading and educational resources for new investors.
It should be noted that Finder is not an adviser or brokerage service, and the information on their page is for educational purposes only. Finder does not invest money with providers on their page, and partnerships are not a recommendation to invest with any one company. Although E*TRADE is not currently available on Finder, it is best for all types of traders, except those interested in trading cryptocurrencies or forex or wanting access to fractional share trading. E*TRADE also offers a variety of interactive charts and analysis tools, and with its multiple account types, E*TRADE caters to different types of investors.