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BWdem4life

(1,607 posts)
Thu Mar 16, 2023, 12:27 AM Mar 2023

Does anyone here use E-Trade?

Or any other service besides a broker?

Looking for some suggestions - I want to do my own research and make my own stock trades at some point in the future. Wondering what people think is the best option.

Thanks in advance!

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Does anyone here use E-Trade? (Original Post) BWdem4life Mar 2023 OP
If you have mutual funds or retirement accounts with companies spooky3 Mar 2023 #1
Hmmm BWdem4life Mar 2023 #2
I use Etrade every day jmbar2 Mar 2023 #3
I do. A HERETIC I AM Mar 2023 #4

spooky3

(34,303 posts)
1. If you have mutual funds or retirement accounts with companies
Thu Mar 16, 2023, 12:29 AM
Mar 2023

Like T Rowe Price, Vanguard, Fidelity, etc., they typically have a separate brokerage division where you can place trades for minimal fees.

BWdem4life

(1,607 posts)
2. Hmmm
Thu Mar 16, 2023, 12:38 AM
Mar 2023

I have a single Roth IRA with Wealthfront. Guess I could check and see if I could place trades through them - thanks!

jmbar2

(4,832 posts)
3. I use Etrade every day
Thu Mar 16, 2023, 01:16 AM
Mar 2023

Most of the mainline brokerages have equivalent functions, so you can't go wrong. There are lots of good videos on Youtube comparing trading platforms.

Avoid Webull, and Robinhood. They are popular with the meme traders, but have poor executions and get buggy during market turbulence.

I would highly recommend a course from TradeSmart University called Fundamentals of Stocks and Options. It's about $17.

https://www.udemy.com/course/learn-how-to-trade-stocks-and-options/

That's where I started my journey and provided an excellent, in-depth and well-paced introduction to all the core topics.

Good luck! I love trading.

A HERETIC I AM

(24,321 posts)
4. I do.
Thu Mar 16, 2023, 01:18 AM
Mar 2023

I’ve had a Roth and a Traditional IRA with them for 8 or 9 years.

For what it’s worth, they are a broker, it’s just they don’t have to follow the “Know your client” rules regarding investment suggestions or advice.

My accounts are of a very modest size and I don’t make trades too often, but when I do they are trouble free and simple.

The best option is to use mutual or exchange traded funds, frankly. Picking individual stocks is typically not a good idea for the average investor, but if that’s what you are looking to do, E*Trade offers zero commission trades.

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