Summary of Reddit Comments on Etrade

General Opinion on Etrade

• Etrade has been a longtime online broker that some users have used for years.
• Some users found Etrade to be a good choice for a broker if they don't have specific trading needs.
• Some users have faced positive experiences and recommend Etrade to friends and family.
• Some users have had constant issues and frustrations with Etrade which has led to considering switching to other platforms.

Strengths and Weaknesses

• Etrade is seen as a good platform for options trading, preferred over other brokers like Fidelity which had issues in options trading.
• Fractional shares can't be purchased directly on Etrade; instead, they are available for ETFs through automated investing.
• Etrade is praised for offering an excellent options trading platform called Power Etrade.
• Some users have been charged fees for different operations within Etrade which have caused dissatisfaction.
• Users have highlighted issues with connection in financial management platforms, including Etrade, which required frequent re-linking of accounts.

Recent Incidents and Market Speculation

• Recent incidents related to Etrade have included a halt in trading or restrictions for certain users that led to discussions on market manipulation.
• Users debated whether certain actions by Etrade (such as a restriction on a quarter-billion-dollar position) were market manipulation or justified responses to trading patterns.
• Some users portrayed Etrade's actions as unfair and controlling in response to market speculation and big trading moves.

Advice and User Experiences

• Users provided advice on dealing with underlying connection issues in platforms like Monarch by following specific steps to resolve logout errors.
• Opinions varied on whether Etrade was a good platform for buy-and-hold investing compared to other brokers like Fidelity, Vanguard, and Schwab.
• Users shared mixed opinions on their personal experiences with Etrade, ranging from positive long-term relationships to recent frustrations and account opening hassles.

Miscellaneous Comments

• Speculation and comments on market manipulation, legal actions, and the impact of large trading moves were prevalent in the Reddit discussion.

Overall, the Reddit comments feature a mix of positive experiences, frustrations, opinions on Etrade's platform and services, recent incidents related to market speculation, and tips on dealing with technical issues.