"Consumer Reviews on Companies, Products and Services"

E trade

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Category: Business & Finances

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California, United States

E trade Reviews

Manson December 29, 2010
Lousy customer service
I had $1424.23 in my E Trade Bank checking account on December 23rd. No checks or other debits have come in since then. On December 24th, they received a deposit in the amount of $6, 000 which I had mailed to them. They made a mistake in their bookkeeping, and I ended up with a negative balance of over $4, 000! They admit that they made a mistake, but still have not corrected it. Their proposed solution? That I call people I have written checks to and ask them to hold them.
Rob March 22, 2009
sold my stocks w/o permission
In February 2009, E Trade sold all of my stocks, at a loss of $9, 862.00, to satisfy $240.00 in “Maintenance fees”, without my permission or giving me any prior notice. I'm so mad I created a web site at http://www.etradesoldmystocksandkeptthemoney.com to help spread the word about it. I even provided screen captures of my account and the emails I got as evidence of their corrupt policy. I urge everyone taken by these guys to file an SEC complaint!

The picture included is the first email I got. E Trade began selling my stocks 24 minutes later!
October 28, 2008
Legalized theft
I opened an E trade brokerage account a few years ago. I bought some stocks and just let them sit. I put in over $1300. I just recently learned that they have been deducting a $40 "account service fee" . The account is now worth $122.
I would never trust these guys with money.

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