- Knowledge Centre
E-Trade Financial Corporation (E*TRADE) is a financial services company headquartered in New York City.
It is an online discount stock brokerage firm for self-directed investors. Investors can buy and sell such securities as stocks, bonds, options, mutual funds, and exchange-traded funds via electronic trading platforms, or by phone.
E-Trade Financial also provides banking services to retail investors, such as sweep deposits and savings products.
E*TRADE has a number of offices across the US, but shut down its offshore offices in locations such as Singapore and Hong Kong and the UK over the last few years.
We have set out some of the key fees below:
Stocks & Options trades $6.95
Bonds $0 to $20
Futures $0 to $10
Funds (No load, no-transaction fee funds) $0
Funds (Transaction fee funds) $19.99
A full schedule of fees can be found by clicking here.
Whilst trading is cheap, international investors will pay 30 percent dividend withholding taxes on US stocks. Even worse, in the event of death you (or rather, your heirs) pay US estate taxes.
They range from the simple to the complex. Long term to short term. The beginner to the expert level, and include: -
Adaptive Portfolio is a professionally managed advisory programme from E*Trade Capital Management.
It blends technology and "the human touch" - and therefore isn't a plain auto-investing solution.
It invests in a portfolio of ETFs.