ETRADE Professional

I am looking for a new firm to open my own account, and I am currently looking into ETRADE Professional. Anyone knows how much they charge for a ticket? I tried to email them many times with no reply. Thank you.

 

Yeah, when I look for a business relationship, the first thing I look for is a firm that won't answer my emails.

By all means, give them your money right away.

Steve

 

You are right. The thing is that they don't even have a phone number for cust to call. I took a brief look at their trading system, and I really like their features.

 

All of their "features" are available on everyone else's platform too. Basic industry standards.

Do yourself a favor and take them off the list of firms you are looking at.

 

I think you are probably right on that! Which firm would you suggest?

 

I would wait, as etrade is currently in the process of selling etrade professional.

 

Thank you, that's really good info. I did not know they are selling it.

 

Here is an experience that others have had with Etrade. It may not specifically pertain to the Professional division of Etrade.

Best of Luck in the New Year.

http://www.elitetrader.com/vb/showt...50700&perpage=6&highlight=etrade&pagenumber=1

 

I think I should really take E*Trade off my list. I am still trying to search for a firm that does not have a min charge per trade. And it looks like only prop firm offer that kind of deal. The thing is that I do alot of 100 share trade as I scale in and out my position, so if I need to pay $1 for 100 share while I am only paying 0.50 for 100 share now, that is a 100% increase on ticket charge. Do anyone knows any firm that do not have min charge per trade!?

 

IB has a new option for unbundled commissions, and if you choose that new option, then your minimum commission charge will be 70 cents instead of one dollar.