E-trade Informative - Etrade Is Misleading
E trade makes it sound like it is easy to sign up and start trading. I signed up I used their Quick Transfer function to fund my account so I could be quickly trading and take advantage fo the market prices while they were low.
Oh No they take your money and hold it for at least 7 days until you can trade. on Rep told me I could not trade till the end of the month. They also will not let you buy stocks for under $10 a share for the first 3 days you are a customer.
When I asked about closing my account and getting my money back they told me we cant do that until your account clears either.
Then they sent me a message saying we can continue activating your account until you fax us a copy of your drivers license and social security card.
E Trade Sucks