E-Trade Financial Corporation is a trailblazer in the field of retail online trading. Founded in 1982 with headquarters in New York, Etrade is a subsidiary of Morgan Stanley and helps individuals to invest wisely and build the life of their dreams. They find Etrade the best platform to trade in financial assets such as stocks- both common and preferred, mutual funds, exchange-trade funds, options and fixed income investments. Apart from investment options, Etrade is the go-to place for employee stock ownership plans, advisory help, student loan benefit administration and online banking and wealth management services.
Reliable discount trading house
The popularity of Etrade lies in the independence it gives investors in using the digital platform to invest in retail financial trading, coupled with the professional advisory help available and the best in class stock plan administration platform, which makes online trading easy and secure. Also stylized as E*TRADE, the company currently has over 4000 employees with retail branches in 30 destinations across the United States.
Trading online or buying stocks is very simple and quick with the Etrade advantage. You can open an account and apply for stocks online in a matter of minutes. Add money that you wish to invest, browse through the options available and using the free expert analytical research and investing tools, you could choose an investment option that is most suited to your needs and then place your trade. This can be done either through their website or through their mobile application. You may visit their online resource center to access all the digital resources including an update on market insights and answers to frequently asked questions.
Types of accounts
Etrade offers its customers six account options- brokerage, retirement, core portfolios, managed portfolios, small business and bank. Brokerage accounts are great ways to start your investing journey. The account is easy to manage and you pay 0% commission if you trade in US listed stocks, ETF and option trades. You will also be eligible for a free debit card, checking or bill pay option. Retirement accounts are useful to invest for the future and there are different options such as Rollover IRA, Roth IRA, Traditional IRA, Beneficiary IRA, Etrade complete IRA and IRA for minors. If you open a Core Portfolio account, your investment management will be taken care of by the Etrade expert panel coupled with the latest in automated technology and they will manage your portfolio and make your investing hassle free.
If you are looking for fully managed accounts, you could try the Blended portfolio with a fixed minimum of $25,000, Fixed Income portfolios with a minimum investment of $250,000, or a Core Portfolio enabled by automated investment management with a basic advisory fee and a minimum investment of $500. Small businesses can choose from a wide variety of options if they wish to provide retirement benefits to their employees. If you wish to have a more flexible option of FDIC insurance and free transfers from accounts in different banks or different accounts at Etrade, you could choose the Bank account. Whatever your requirement, Etrade has the right account for you. Whether you are a professional investor or a newbie, Etrade makes it easy for you to invest your hard-earned money and plan for a secure financial future.
Useful phone and email support
To open a new account or for queries on your brokerage, you can visit nearest branch or call 1-800-ETRADE-1 (800-387-2331). For employee stock plan account dial 800-838-0908. The Etrade headquarters is located at 200 Hudson Street, Suite 501, Jersey City, NJ 07311-1113. If you are a victim of fraud or identity theft, write to [email protected] for assistance. New users who want to just open a bank account or brokerage account, can do same online or by downloading the forms for physical submission. The Forms section has all the important forms and applications you need for new accounts, upgrade, deposits/withdrawals, as well as tax and legal.