ETrade - I'm thinking of opening an account

[Kenazo]

Does eTrade have a minimum initial investment? I only want to stick in ~$1k and then add $100/paycheck or something. I just am wondering if I need $5000 or something before I can open an account.

 

[minendo]

https://us.etrade.com/e/t/home/pet

 

[JS80]

Go with Scottrade.

 

[Kenazo]

I should clarify that I'm in Canada.

 

[dandruff]

go with mbtrading ... looks intimidating at first but its real simple and cheap and fast executions .. only huge downside no ACH ... best of luck ...

 

[ohmide]

Be careful..I had an etrade account, bought some stocks, didn't have any more money to mess with, let it sit dormant for a few months, then etrade raped me for some lame $20 fee for not having activity for a certain number of time. I called them up and they wouldn't give a refund so I took all my cash and left. Remember to read the fine print w/ all investment firms.

 

[Kenazo]

Originally posted by: ohmide
Be careful..I had an etrade account, bought some stocks, didn't have any more money to mess with, let it sit dormant for a few months, then etrade raped me for some lame $20 fee for not having activity for a certain number of time. I called them up and they wouldn't give a refund so I took all my cash and left. Remember to read the fine print w/ all investment firms.

Thanks for the heads up. That shouldn't be an issue, but it's a good reminder.

 

[five40]

Originally posted by: ohmide
Be careful..I had an etrade account, bought some stocks, didn't have any more money to mess with, let it sit dormant for a few months, then etrade raped me for some lame $20 fee for not having activity for a certain number of time. I called them up and they wouldn't give a refund so I took all my cash and left. Remember to read the fine print w/ all investment firms.

I had the EXACT same thing happen to me. I was not a happy camper. I let it sit for a while and they ate a good chunk of money. Stupid etrade rules. I'll never forget..."Umm sir, it costs us around $20/mon to store your information".

 

[PCMarine]

Ameritrade FTW

 

[Kenazo]

Originally posted by: PCMarine
Ameritrade FTW

I want to be able to trade Canadian stocks though, and Ameritrade only lets Cdn's trade US stocks.

 

[Evadman]

I have an etrade account, opened it with $100.

 

[her209]

Originally posted by: five40
I had the EXACT same thing happen to me. I was not a happy camper. I let it sit for a while and they ate a good chunk of money. Stupid etrade rules. I'll never forget..."Umm sir, it costs us around $20/mon to store your information".

Bahahaha... yeah right.