E*TRADE

One of the most well-known internet brokers for a very long time is E*TRADE. Active traders are drawn to the firm's $0 commissions and robust trading platforms, while new investors profit from the company's extensive collection of training materials. Regardless of your level of trading experience, E*TRADE has a platform and a mobile app for you. Real-time quotes, market commentary, stock, and exchange-traded fund screeners, as well as extensive account management, are all available on the E*TRADE Web platform and mobile app. Technical analyses, drawing tools, configurable options chain views, trading ladders, and other facilities for sophisticated strategies are available on the Power E*TRADE platform and app for more active traders.

E*TRADE offers a broad selection of investment options, including futures and sophisticated option techniques in addition to stocks, bonds, ETFs, and more than 6,500 no-transaction-fee mutual funds. The support services and instructional tools provided by E*TRADE are among the best. You can view webinars on a variety of subjects, including technical analysis, options trading, and diversification. Morningstar offers a variety of online investing courses, and its thematic investing section explains how to invest in businesses that share your values.

Pros:

• Easy-to-use tools.
• Large investment selection.
• Excellent customer support.
• Advanced mobile app.
• Commission-free stock, options, mutual fund and ETF trades.

Cons:

• Website can be difficult to navigate.

Founded: 1982

Revenue: $2.88 B (2019)

Website: https://us.etrade.com/

NerdWallet rating: 5.0/5.0