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E*TRADE Review

PROS / This versatile stock charting software has three different trade platforms to meet the needs of different skill levels.

CONS / E*TRADE does not have forecasting tools.

 VERDICT / E*TRADE is slightly more expensive than other platforms on our lineup. However, it offers forex and futures trading, which many other platforms do not provide, along with advanced educational resources.

E*TRADE is a popular name in finance management that offers different platforms to meet the needs of all skill levels, from beginning to advanced traders. It also offers almost every kind of investment, including forex and futures trading, though these investment styles do come with extra risk.

E*TRADE Visit Site

The E*TRADE platforms – E*TRADE 360, E*TRADE Pro and the mobile app – are easy to use. E*TRADE 360 is a good choice for beginners and offers a customizable dashboard. If you are looking for stocks to trade with this software, features like CNBC on demand and charts that track streaming stock market patterns can help you select the best stocks for your portfolio. If you choose, you can include a window which shows your progress in your home screen.

  1. The lowest cost for a stock trade.
    Lower is Better.
  2. 4 E*TRADE
    $6.95
  3. $4.95
  4. $4.95
  5. $6.95
  6. Category Average
    $5.56

E*TRADE Pro is a more advanced platform. It is best for frequent traders, who place 30 or more trades per month, and those who have experience with different kinds of investments. This platform includes numerous tools and charts that you can use to track the market and offers extended trading hours.

The mobile app is available on Apple, Android and Windows devices. While you can download and run the app from almost any device, it functions best on the iPhone and Android phones. The tablet versions still let you place trades but lack more advanced features like real-time alerts, which are available through the phone versions.

At $6.95, the price of purchasing stock with this stock trading software is slightly above the industry average of $6.60. If you make more than 30 trades per year, this price falls to $4.95 per trade, which is lower than average. The cost of a broker-assisted trade is $25, which is about average for our lineup. An extra bonus of E*TRADE is that it only requires a minimum deposit of $500. While having no minimum is preferable, $500 is the lowest amount required for those on our lineup that do have minimum requirements.

This stock software has a comprehensive online learning center. The learning center offers resources on buying stocks, retirement planning and other important investment advice. The material is designed to meet the needs of traders of many skill levels, so even if you are an experienced trader, you should find the information in the knowledgebase useful.

Summary

E*TRADE is a good choice for beginning and experienced investors. It offers multiple plans as well as a mobile app that operates on any mobile device, including Windows phone and tablets. While the functionality of the app is best suited for iPhone and Android phones, you can make trades on the go with any type of device. If you are looking for a flexible platform, then E*TRADE is a good choice.

E*TRADE Visit Site