[the-bad]
Now we will continue our E*Trade review with a few areas of concern when it comes to some of their business practices. And this is where you really need to pay attention and consider the facts, the good and bad, before making any final decisions as to whether or not they are the right choice for your online trading needs.
• C- BBB record
• SEC lawsuit
• Mixed public online reviews
• Higher commissions than their competitors, but . . .
• Pro platform requires 30 trades per quarter
E*Trade is not an accredited business with the Better Business Bureau, which is a bit strange since they have been in business for such a long time and are pretty widely known. And although they don't have a BBB file, they do have a C- rating, which includes
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The BBB reports a government action against them. Their BBB file shows that on 10-9-14 the SEC charged current and former E*Trade subsidiaries with inappropriately selling their penny stocks through unregistered offerings. This case has been closed and the SEC announced that E*Trade and their current and former subsidiaries failed in their custodian roles during a four-year period when they inappropriately engaged in unregistered sales of their customers microcap stocks, while blatantly ignoring red flags that such activity was obviously occurring. This resulted in E*Trade being required to pay back more than $1.5 million in disgorgement and prejudgment interest from the commissions they earned on the improper sales, as well as a combined penalty of $1 million.
Aside from E*Trade's BBB file, their online reputation is a bit mixed as well. There are plenty of people who are very happy with E*Trade and would never consider using anyone else. However, they do have plethora of complaints with Consumer Affairs. We were hoping those complaints would be old; however, we found a good number of the complaints to be recent. Therefore, you should proceed with caution should you decide to give them a try. We can only hope they strive to make some improvement as they have been a big player in the online stock trading marketplace for quite some
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And sometimes this kind of help is simply invaluable.
• E*Trade also has industry-leading mobile apps and resources, as well as personalized, customized dashboards provided for every customer account.
The Bad
• Unfortunately, E*Trade has had some problems as are noted on their BBB record, which includes an SEC lawsuit that has since been resolved.
• They also have some mixed online reviews which include some negative feedback with Consumer Affairs; however, there are just as many people who are extremely happy with their services and would never consider using anyone else.
• E*Trade does have some higher commissions on their stock trade commission's than their competitors; however, you get what you pay for and they do have plenty of fantastic offerings, which in our opinion makes up for the higher commissions.
• E*Trades Pro platform requires 30 stock or options trades per quarter, which could be a problem for some. Additionally, their Pro system also appears to be lacking when it comes to providing detailed charting and options potentiality.
Our
The chart to the left shows the relative return on equity for EBAY and its competitors. It clearly indicates
Assessment of eBay´s choice of market entry strategy for China, listing both the advantages and disadvantages of its acquisition strategy Assessment of the potential benefits and risks of eBay´ s joint venture with Tom Online Assessment of both companies: eBay and Tom Online, decisions on their respective
They have no complaints on record at the Better Business Bureau, which is incredible for a company who has been in business since 1996 and they don't have any negative feedback about them or their services on any of the public online forums.
Assess the potential benefits and risks of eBay.s joint venture with Tom Online (use Global/Local Matrix)eBay first entered the Chinese market in 2002 by acquiring a 33% stake in its local counterpart, EachNet, followed by a full acquisition a year later in 2003. Critically assess eBay.s choice of market entry strategy for China (use Key Country Matrix), listing both the advantages
One of the most trusted sites on the web. Though there are a few surveys, but they are definitely quality ones.
They only have one complaint within the last three years and it was regarding an advertising and sales issue. Additionally, the BBB does not show any government actions involving their marketplace conduct, nor do they have any reports of them using any type of deceptive marketing tactics.
Historically, EISMX has been a very well preforming fund, the citations page show the astronomical growth it has had over the last 10 years. Ten years ago, EISMX was priced at $11 per share, then within five years, it grew to almost $17 per share, and then to its current price of $27 per share. The graphs included in the citation show a consistent upward trend line with no major gaps in performance over the last 10 years, excluding the 2008-2009 years. Although performance wasn’t the best during those years, EISMX still didn’t drop as far as most stocks or competing mutual fund, another impressive benchmark is to look at how the fund has done since inception. Since inception the fund has increased by 10.29%. EISMX is a very cost efficient fund, it costs 97 bps while the industry average cost is 114 bps, it also a no load fund, meaning that deposits can be
exchanges for violating the anti-fraud provisions of the federal securities laws by manipulating the market via spoofing for over five years.
has an A+ Better Business Bureau rating, there are plenty of complaints to be found. In fact, they have had 1098 complaints within the past three years. Their complaints consist of poor customer support, suspended account issues, fund holding and account deactivation with no notification or explanation.
On the other hand, eBags has a challenge entering the European market due to the fact that the European market is not only fragmented but also runs on a different system with homely, family run stores that offer a different shipping experience. Being an online company and using the buffer system, eBags also has minimal contact with its clients. It therefore cannot customize its products to suit the individual customers, and gaining customer loyalty as well as trust is more challenging.
I think it is trustworthiness because it has an address and phone numbers. Furthermore it tells the website viewer what information it keeps about the buyer. It also has a real registration number which is 12051083. Moreover it has several reviews which shows people have bought from them and they are all positive.
E*TRADE provides is an online brokerage firm for anyone and everyone concerned with their financial freedom, it allows you to trade equities, create a portfolio, get market information any day at anytime around the world, and much more. With our technology to set the standard to be innovative, service and control over the investors investment, this will help us grow as a company in becoming a complete financial support business offering every service you need in your financial life, while making our customers, stockholders and employees happy. We help the communities through non-profit partnership, volunteer work, and
*eBay's positive earnings fix this issue because they prove that eBay is already far ahead of the game.
E-Trade business strategy has been soundly running as achieving significant improvement in ROE over the three time periods. Under the optimistic scenario, we observe the possibility of having benefits the demanding environment conditions; especially, more people will be getting into trading securities as the Internet has opened up the field of investment. Therefore, E-Trade should be upgraded the technology infrastructure as the demand grows.
The fact that eBay does have some successful competition means that its strategic capability has become less unique. There is a hint in their competitor profile that innovation and perhaps adaptability to different cultures as they innovate is not core to eBay and something which has been developed more successfully by others working within their own national culture. Indeed, eBay rules in its own territory of North America and in Europe. The search capability of eBay also means that niche players do not really make sense, whereas the consumer trust that comes from being a big player is worth everything when trading on-line, as is the notion that whatever you want it will be on eBay because of its size. Thus, the so-called network effects of eBay (the bigger the company, the more successful it will be) and its first mover advantage that has led to this level are key to its success.