E-Trade was founded in Palo Alto, California, in 1982 by William Porter and Bernard Newcomb. The company’s original name was TradePlus. In 1991, the pair invested money made by TradePlus to start a new company, E-Trade Securities. By June of 1996, the company had 73,000 clients and was processing more than 8,000 trades each day.
E-Trade is an online, discount stock brokerage firm for self-directed investors, commonly called Day Traders. The company also offers banking services to retail investors.
In 1996, the company went public on the NASDAQ under the ticker symbol: ETFC. It is still a publicly-traded company, with a total margin receivable balance of $6.731 billion as of December of 2016. E-Trade currently has 3.5 million clients and 164,000 trades each day, on average.
The company has 30 branches in 6 states, with headquarters in New York City. As of December 31, 2018, the company had 4.9 million brokerage accounts and a total margin receivables balance of $9.560 billion.
While E-Trade stock has been impressive, the company warned that there could be lower than expected earnings after low trading and decreased customer activity in the second quarter of 2019.
The company made Forbes 2019 Global 2000 list, which rates the largest companies in the world. E-Trade came in at number 838.
E-Trade was founded in Palo Alto, California, in 1982 by William Porter and Bernard Newcomb. The company’s original name was TradePlus. In 1991, the pair invested money made by TradePlus to start a new company, E-Trade Securities. By June of 1996, the company had 73,000 clients and was processing more than 8,000 trades each day.
E-Trade is an online, discount stock brokerage firm for self-directed investors, commonly called Day Traders. The company also offers banking services to retail investors.
History
In 1996, the company went public on the NASDAQ under the ticker symbol: ETFC. It is still a publicly-traded company, with a total margin receivable balance of $6.731 billion as of December of 2016. E-Trade currently has 3.5 million clients and 164,000 trades each day, on average.
The company has 30 branches in 6 states, with headquarters in New York City. As of December 31, 2018, the company had 4.9 million brokerage accounts and a total margin receivables balance of $9.560 billion.
While E-Trade stock has been impressive, the company warned that there could be lower than expected earnings after low trading and decreased customer activity in the second quarter of 2019.
The company made Forbes 2019 Global 2000 list, which rates the largest companies in the world. E-Trade came in at number 838.
I am trading with Etrade since last few years,I make profit but it does not show in my account,my account in value is more or less same since when opened 4-5 yrs ago.Cash transections are done without my knowledge and lots of movments of cash from and to ,to margin account.Stock purchased by some one from my money disappears from orders and shows transfer ,adjustment and value zero.Who shall I complain?
Please send me an email of the lists of forms that must be completed by the grantor of restricted stock
units and a list of forms that be completed by the grantee (seller) of restricted stock units. I have been
trying to obtain this data for days now there seems to be a communication glitch. Your cooperation
will be appreciated.
I find the personnel at E Trade helpful and pleasant, however I have had several problems with your cage. Every few months they change methods for delivery of bonds I buy for family members. Three times I had to find someone to reinstate our agreed upon method for delivery. You have had this account for several years, I am totally frustrated. Please find someone to put an end to your recurring changes in DTC deliveries. Eugene Ross
I will be contacting the Federal Trade Commission tomorrow and file a charge of fraud against your bank. Agents have been lying to me and, I believe have stolen my money.
I was told the accounts I closed out had what money was in them sent to me on July 2, 2019. It is now July 16, 2019. Three different calls commencing from July 5th have resulted in my being told give it a couple of more days.
I worked for the postal service for 34 years and do know it does not take 14 days for mail to get delivered, even going across country. I am not going to call them again. It is now both the FTC and US Postal Inspection Service. The only reason I can see for being lied to is someone(s) have stolen my money after sending me an email that they closed out my accounts I had opened up many years ago.
This organization is incredibly dysfunctional! I’ve been asking for a distribution for over 8 months, made 10 phone calls and submitted paperwork twice. The last submission was on May 8. Last night at 11pm (CST) I received my one and only return phone call from them with a message that my May paperwork was received but still needs to be processed. Really! Sitting on someone’s desk for 2 months? You’re better off going to Charles Schwab.
Incidentally, I filed a detailed complaint with FINRA. If you encounter the same poor service, here is their number 240-386-4357
For years/decades the customer service is severely deficient! Regardless of how many times I nicely or sternly communicate this nothing changes. This is service requests by online service request page and phone calls. The staff are proficient at accomplishing nothing but logging their response to a request/call. ETrade is awash with pleasantries and should be effective and answering questions and solving customer problems. Responses are requiring more info they could easily look up, or cut and paste from FAQ, indicate they completely missed the actual what was asked and responded with unrelated generalities.