E*TRADE Review
Rating: 8.7/10
E*TRADE offers a robust online trading experience with a wide range of investment options, including stocks, ETFs, mutual funds, bonds, and options. It caters to both beginners and experienced traders with user-friendly platforms and comprehensive research tools. The platform provides access to retirement accounts like IRAs and 401(k)s, as well as managed portfolios and robo-advisor services. E*TRADE is a strong contender for those seeking a well-rounded investment platform with commission-free trading on stocks and ETFs. The platform boasts competitive features such as fractional shares, margin trading, and IPO access.
Pros
- Commission-free stock and ETF trades
- Excellent research and educational tools
- User-friendly trading platforms
- Strong mobile app
- Fractional shares available
Cons
- No mutual fund trading stood out
- No international markets
- No API access
Verdict
E*TRADE is an excellent choice for both beginner and experienced investors looking for a reliable platform with a wide array of investment options and powerful tools. Its commission-free structure for stocks and ETFs, combined with strong research capabilities and a highly-rated mobile app, makes it a top contender. While it lacks international market access and API capabilities, its overall offering is compelling for most U.S.-based investors seeking a well-rounded online brokerage.
Frequently Asked Questions
Is E*TRADE worth it?
E*TRADE is best suited for buyers who prioritize the strengths listed in the pros above. Review the editor's verdict and the pricing details to judge whether the trade-offs fit your specific situation before purchasing.
How much does E*TRADE cost?
Pricing for E*TRADE starts at $0 commissions. Plans, billing cycles, and any current discounts are summarized in the pricing section above.
Is there a free trial or money-back guarantee?
Check the pricing section above for current trial and refund terms — these can change, so always confirm on the vendor's site before subscribing.
What are the main drawbacks of E*TRADE?
The cons listed earlier in this review summarize the most common drawbacks reported by reviewers and active users. Weigh them against the pros to decide if this product fits your priorities.
What are good alternatives to E*TRADE?
Strong alternatives include Fidelity, Schwab. Each has different strengths — compare them against E*TRADE on the criteria that matter most for your use case.