ETrade

[TL Staff 10]

E*TRADE is an innovative financial services company offering a full suite of easy-to-use online brokerage, investing and related banking solutions, delivered at a competitive price. We empower individuals to take control of their financial futures by providing the products, tools and services they need to meet their near- and long-term investing goals.

[Adamned 10]

I have been using etrade for about 8 years and pro for about 5 years. The new etrade pro is ok if you setup cheaper commision rate. Their per contract rate is .75 but I heard .50/contract is not out of the question if you make many trades per month. For 20 contracts it's $10 bucks plus 5.99 per leg for a total of $15.99. No bad considering the competition, TS charges $1 per contract and no trade fee, $20 for same trade. The Pro platform is usable but the data feeds are questionable, charts are micky mouse (I use another chart service), no trade cancelation fee (TS charges $1 per option cancel) but if you trade 5 contracts, you are allowed 5 cancels. Once exceeded the charge is $1 per cancel.