Money does not grow on trees, but you can harvest it at the end of the year. This requires smart approach and patience.
People who work in this direction are well aware of the concept. You cannot possibly make money on your own once you do not specialize in finances. As a rule, one requires help and assistance of a professional. Eventually, in a course of cooperation with financial sharks you become able to take over the control over your personal finances.
Etrade seems to be one of the best possible solutions in this case. This New York based company has been successful in the business for 18 years so far. The team of professionals in online brokerage, investing and related banking solutions will deliver superb quality results at relatively affordable prices.
If you must know, Etrade is in the list of the most popular companies in the field. This is the estimate of professionals, while the customers, on the other hand, tend to complain.
This general information being provided, the next thing you must know is how to benefit from Etrade. Quite a controversial issue, I must say.
Etrade features a comfortable working platform in the form of its web site, which is easy to navigate and use. If you are a frequent trader and crave for the most control, then Power Etrade Pro by Etrade does have something special to offer. In principle, it is a trading platform (written in Java thus supporting any operating system installed on your PC) so that you can observe Nasdaq TotalView, Real Time Account Position and Streaming Option Chains on full screens.
The web site is also proud of its security system. Free SecurID is a specialized product to insure personal information entered on the web site being available to its owner solely.
Well, one of the most attractive features about Etrade is the cost of the brokerage services, even though there seem to be lower costs for these types of services. For example, the customer gets to pay only some $12.99 (plus $1.25) per contract. This fee still has its drawback: you will hardly ever be able to reach a company by email or even telephone once you have something to discuss or change within your account. The minimum amount you are supposed to maintain is USD 10, 000, which is only for the sake of peace of your mind.
Etrade also guarantees that only 2 sec are required to market orders for S&P 500 stocks and ETFs, according to the web site, otherwise the customer is allowed to trade stocks for no charges. Two seconds seems to be too risky but you can always use an opportunity to trade for free.
What may as well attract you is that Etrade is one of the few online brokerages that trades in foreign exchanges, including Canada, France, the UK and some others to mention just a few.
When it comes to the bottom line, it is hard to say whether Etrade is right for you or not. The only way to make sure is to try. Who knows may be it will make you a fortune once you are interested in making money from investments, stock trading, securities and the like.