etrade as an online broker?

[Boris]

currently I have my IRA accounts with Wells Fargo (they suck). I'm thinking of switching to eTrade. I like the user interface and the rates seem reasonable. Any bad experiences with eTrade or other recommendations?

[Derek123]

I have no complaints with etrade after a year or two

[TripleH68]

I have bank account, brokerage account and home mortgage through ET. Have never had any problems.
The site has been very reliable. I can only remember once in four years having a problem with the site being down.

Disclosure: I also own 2,000 shares of ET. /images/graemlins/grin.gif

[KingMarc]

No complaints after five years or so, but to be honest I haven't sold anything in those five years either, so I'm not exactly a frequent user.

[AceHigh]

I use Etrade and I like it. They do a good job with forms at tax time.

[1C5]

what are the rates?

if you are more active you may want toc hec out the rates at www.interactivebrokers.com (http://www.interactivebrokers.com)

[StickyWicket]

I had the following experience with ETrade:

1) excellent online service when self-servicing my account
2) HORRIBLE and DEPLORABLE phone-based customer service when I actually needed to speak with someone.

FWIW.

Sticky /images/graemlins/heart.gif

as expected if you go with any of the big firms you gonna wait forever on the phone
also their rates are not that good.

I currently use abwatley, with 5.50 a trade but best thing is they always pickup the phone at the first ring(and i call them at least once a day)

[Sniper]

[ QUOTE ]
and i call them at least once a day

[/ QUOTE ]

Why would you need to call an online broker once a day?

sometimes i may get a bad fill from a marketmaker trying to screw me and they'll bust the trade, also i do some riskfree risky positions(lol) where i have to hold their hand through the process to make sure i get my free shares.

[Sniper]

[ QUOTE ]
also i do some riskfree risky positions(lol) where i have to hold their hand through the process to make sure i get my free shares.

[/ QUOTE ]

Does that mean you publish a newsletter pushing low priced stocks?

No I don't do promos

[Sniper]

[ QUOTE ]
make sure i get my free shares.

[/ QUOTE ]

Then what does this mean?

Like today I had to call and make sure i get my HYDG shares, it did 1:2500 reverse split, but anyone owning 100 shares or less keeps the amt of shares they had presplit postsplit so my 100 shs i bought @ .75 are now 100 shs @ 4.75.

[Sniper]

[ QUOTE ]
Like today I had to call and make sure i get my HYDG shares, it did 1:2500 reverse split, but anyone owning 100 shares or less keeps the amt of shares they had presplit postsplit so my 100 shs i bought @ .75 are now 100 shs @ 4.75.

[/ QUOTE ]

That doesn't even sound right. Why would they do that?

Here's the release for the 25:1 reverse split.. the outstanding stock amounts are exact to that ratio...

[ QUOTE ]
JEFFERSON HILLS, Pa.--(BUSINESS WIRE)--Aug. 19, 2005--Chiste Corporation, a developer and manufacturer of multi-megawatt air-cooled phosphoric acid fuel cell (PAFC) systems through its operating subsidiary, HydroGen LLC, announced today that it has changed its corporate name to HydroGen Corporation (OTCBB:HYDG) and completed a 1-for-25 reverse split of the Corporation's common stock. Prior to the reverse split, the Corporation had 186,189,958 shares of common stock issued and outstanding. On a post-reverse split basis, the Corporation now has a total of 7,447,599 shares issued and outstanding.

[/ QUOTE ]

don't know why they do it but I've done it I think 4 times 1st time i did it in only 1 acct and was a good one for 700 bucks, few after that were only for 200 but i had over 3-4 accts so came out to same, if you read the proxy HYDG, it goes into detail for the split.