E-Trade has acquired OptionsHouse. E-Trade is one of the best-known online brokers , and not just because of its full-court-press advertising and marketing practices. Notable features include its cleanly designed and easy-to-navigate trading platforms — browser, desktop and mobile — its library of educational resources and its tools to help investors assemble a risk-appropriate, balanced portfolio.
From the dashboard, you can track your accounts, create watch lists, view streaming market data and make trades, even complex option strategies. E-Trade Pro is where the company kicks it up a notch for more active traders. The app allows you to easily manage your account, place trades and get real-time quotes, charts and CNBC Video on Demand. The iPhone and Android versions also have advanced mobile features like stock and ETF screeners, options chain filters and access to educational videos.
E-Trade offers 2, transaction-fee-free mutual funds. Its robust lineup rivals those at Merrill Edge over 2, , Fidelity 3, and Schwab over 3, E-Trade is a great start for beginner investors in part because of the educational resources it offers, including live online seminars on topics like retirement planning, stock market basics and analyzing trade ideas.
Access to E-Trade Pro: The biggest drawback is its commissions. And more casual investors may decide that everything else the broker offers makes up for paying a few dollars more per trade. NerdWallet is a free tool to find you the best credit cards, cd rates, savings, checking accounts, scholarships, healthcare and airlines. Start here to maximize your rewards or minimize your interest rates. A view of the E-Trade Pro platform. Base is tiered with stock commission to discount for active traders.
Investors who place 30 or more trades per quarter pay 50 cents per contract. No annual or inactivity fee. E-Trade Web for browser. Email support and live chat.More...