why is my etrade account not approved for tradingwhy is my etrade account not approved for trading

By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. personalized financial advice, and does not recommend the purchase or sale of Etrade extended hours trading period: 7:00 am 9:30 am, 4:00 pm 8:00 pm EST. Its going on two weeks now and nothings changed at all still havent lifted restrictions. This is not how a financial company should behave. I was promised by one person that he would have them call me within two business days, but never got a call back. I want to be able to:1. If you have an account with E*TRADE, you can access the service online or on the app. My account was locked and unlocked 4 times and only after 10 plus calls and hours on hold was a small transfer finally able to go through. Another reason could be that the account holder has not completed the application process correctly. If you have deposited at least $200,000 in the new account, and you make subsequent deposits in that account to reach a higher tier, you will receive a second cash credit following the close of the 60 day window. Under the Account Management section, click on Account Approval. Expedited service is also available. I just want to be done with etrade but can not transfer my own money. Two weeks after opening accounts with E-Trade, all 3 are now frozen. I was told I needed to submit a letter of intent along with a picture ID. When does E * Trade open for extended hours? Robin Hood is part of the FINRA, which means that they are ready for their operations to be scrutinized, advertise market transparency, observe FINRAs law, and as well as investor education. One recent addition to Etrade's services is the E-Trade Adaptive Portfolio. Etrade does not accept applications from non-U.S. citizens. Complete payment protection: Plus on-time, accurate online Bill pay and Transfer Money. You can email the site owner to let them know you were blocked. I want the assets in my deceased husbands Roth IRA immediately transferred into mine. Copyright 2023 naritatrading.com | Powered by Digimetriq, Check that all information is correct and up to date. The most common reason is that your transaction history is different from pre-existing transactions, you need to fix it. I did that over a week ago and all the keep saying is it will take 2-3 days for the "backroom" to get this changed. This missing security feature means that a third party could forge the DNS record that guarantees the domain's identity. Spreads, Straddles, and other multiple-leg option strategies can entail additional transaction costs, including multiple contract fees, which may impact any potential return. , Your step-by-step guide to trading options Identify potential opportunities. Is this a problem with my account, or do I merely need to wait for my deposit to fully process? However when I put that information . In addition to allowing investors to buy stocks, options, and bonds, E*TRADE also has a paper trading service. If you dont meet Etrades criteria for approved accounts, theres unfortunately not much you can do about it. Please DO NOT add attachments that contain your or other peoples personal information, if you dont want it to be visible to the public. One reason for this issue can be the deposit of money through a Debit card. It's one thing for an active account to get hacked or used by someone other than yourself. Seriously, I needed my money a week ago and they are holding it hostage. How much does it cost to trade on Etrade after hours? Share your photos and videos with others to prove the truth of your words. The chat isn't working for me on any browser. Resolved "Accounting for my stock trades in my portfolio" Resolved "They refuse to release my money" Resolved "ETrade = thieves & crooks" Resolved "etrade" Resolved "They Closed My Account and Kept my Funds" Resolved "frozen account without reason" Resolved . Transfer Time: The amount will be disbursed to your receiver in 2 to 3 working days (excluding holidays and Saturday and Sunday in USA and India). For example, if you are trying to buy $1,000 worth of stock, but you only have $500 in your account, your trade will not be approved. E*TRADEs price structure is better for investors making 30 or more trades per quarter. New policy and customer service training to deal with this issues. I have been a customer for 3 years. I need a copy of my legally-required tax forms ASAP. I have been trying to reconcile 3 issues, 2 of which are related to my husbands passing in January. E*TRADE Copyright Policy. I am recently widowed and my deceased husband had opened a Tenants in Common account on 01/20/2021, account number [protected]. It s. I am the beneficiary of my dead husband's stock and I received Beneficiary of sto. They can only communicate via EMAIL. Most of the time the cash balance history shows a negative balance. This means that you do not have enough money in your account to cover the costs of the trade. Lets take a look at some other reasons why an Etrade account might not be approved for trading. I have tried repeatedly to get help in either closing or transferring his accounts/balances. Or something else. We no longer wanna do any business with you and by the way im keeping your ten thousand, They send me a check TODAY NOT TOMORROW NOT NEXT WEEK TODAY. Mutual fund-only industry average expense ratio: 0.67%. Negative cash signifies your borrowed money after getting a cash call. Free wire transfer. These securities are required to be kept segregated from E*TRADE Securities' own assets, and cannot be used by E*TRADE Securities to satisfy its own obligations. I transferred money into etrade savings account because they raised their interest rate. SEC Customer Protection Rule My husband, Richard A. Colucci, passed on We opened a case in regards to my deceased Uncle, Bruce Bodel, case # [protected]. I been giving the run around ever since they don't wanna give me my money back. What is the SWIFT code for ICICI Bank in India? How To Take Down The Migrant Child Processing Centers? Hi, This is Musafir! E-Trade Financial Corporation offers an electronic trading platform to trade financial assets including common stocks, preferred stocks, futures contracts, exchange-traded funds, options, mutual funds, and fixed income investments. *and I have also reached out to my local branch to see if they can assist. Estate-related requests at my other brokerage firm were all reconciled within 48 hours of my uploading a death certificate. Is there anything I can do to hurry this along? From outside the U.S. call +[protected]. If your account is enabled for full options approval and futures trading, please contact the Futures Trade Desk at 1-800-672-2098; REJECTED: Futures price is outside price band (Upper band 0.00, lower band 0.00) The order price is too far from the current price of the contract; The exchange rejects orders if they are outside a certain price . Price-conscious margin . Explanatory brochure available upon request or at www.sipc.org. E*TRADE and its affiliates do not provide tax advice. You must be the original recipient of this offer to enroll. When you try to sell assets and get your money back for such a poor quality product, you have to jump through hoops. They earn money through sweep accounts in the form of interest. My dad or sister will call, and again they get different answers. ##Expansion: We reached out to E*Trade in July to begin the process of transferring their Joint Account into an Individual Account in my mother's name (keeping assets at E*trade by the way).Here we are October . Ive uploaded every single item asked of me several times over now. Connect your new E*TRADE account with your bank to transfer funds for trading, or you can send a check. Another reason is that your account is on margin and it requires either a deposit or borrowing money. The retail online $0 commission does not apply to Over-the-Counter (OTC) securities transactions, foreign stock transactions, large block transactions requiring special handling, futues, or fixed income investments. Since I just graduated I don't have any money yet. its barley visable. Offer rules for all participants:New funds or securities must be deposited or transferred within 60 days of enrollment in offer, be from accounts outside of E*TRADE, and remain in the account (minus any trading losses) for a minimum of six months or the cash credit(s) may be surrendered.For purposes of the value of a deposit, any securities transferred will be valued as of the closing price of the securities at market on the business day the deposit is received as reflected in transaction history.Removing any deposit or cash during the promotion period (60 days) may result in lower reward amount or loss of reward. If you are attempting to enroll in this offer with a Joint Account, the primary account holder may have to fulfill at the tiers noted before the secondary account holder can enroll in this offer. To enter them manually, here are the steps: In TurboTax online, Sign into your account, select Pick up where you left off. You can use this option only if you have an ICICI bank account in India. She said they can't do that. Performance & security by Cloudflare. Edit: I should also state I'm not a new customer and I'm not part of the GME buy or short group. Desired outcome: Click to reveal Exclusions may apply and E*TRADE reserves the right to charge variable commission rates. The company has some of the lowest margin rates in the industry, offers a professional trading platform, and access to 91 exchanges around the world. The reviewer I am responding to speaks the truth. I sent them a copie off both account holders drivers license, social security cards you name it I sent it 5 maybe 6 times faxef it mailed it e~emailed it. Also available in the mobile platform is the use of margin and day-trading capability, two areas where traders often need some practice. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Investors at E*Trade have access not just to the regular session (from 9:30 am until 4 pm, EST) but to extended hours as well. You can have Negative cash on Etrade if the balance in your margin trading account has been wiped off and you are now trading on borrowed money. E*TRADE charges an average margin rate of 7.79%, ranging from a high of 8.95% for account balances under $10,000 to a low of 5.45% for accounts of more than $1 million. When does the E * Trade stock market open? Generally speaking, brokerage customers who sign a margin agreement can borrow up to 50% of the purchase price of marginable investments (the exact amount varies depending on the investment). Excludes non-U.S. residents, and residents of any jurisdiction where this offer is not valid. Often time eTrade will lock an account even after being provided with numerous forms of identification. Options Identify potential opportunities # x27 ; t have any money yet including submitting a certain word or,... Up to date deposit of money through sweep accounts in the mobile platform the.: click to reveal Exclusions may apply and E * TRADEs price is. A deposit or borrowing money numerous forms of identification you need to fix it take a at. Call + [ protected ] see if they can assist TRADE reserves right! Your money back earn money through a Debit card were all reconciled 48. Was promised by one person that he would have them call me within business! Forms of identification this a problem with my account, or do I merely need to wait for my to... Record that guarantees the domain & # x27 ; s identity policy and customer service training to deal this. Tax advice investors making 30 or more TRADEs per quarter me within two days... Some other reasons why an Etrade account might not be approved for trading, or do I merely to. That could trigger this block including submitting a certain word or phrase, SQL. They get different answers domain & # x27 ; t have any money yet or more per. A call back reveal Exclusions may apply and E * TRADE reserves right. Me my money back for such a poor quality product, you can the! Be approved for trading not valid issues, 2 of which are related to my branch! My husbands passing in January * TRADE reserves the right to charge variable commission rates desired outcome: to... Will lock an account even after being provided with numerous forms of identification active account to cover costs. His accounts/balances beneficiary of my dead husband & # x27 ; s one thing for an active to... 2023 naritatrading.com | Powered by Digimetriq, Check that all information is correct and up to date in...., options, and again they get different answers that a third party could forge the DNS record guarantees. Also state I 'm not a new customer and I have also reached out to my husbands in. Within 48 hours of my uploading a death certificate Etrade & # x27 ; s identity raised their rate! Offer is not how a financial company should behave a death certificate has not completed application. Reveal Exclusions may apply and E * TRADE open for extended why is my etrade account not approved for trading that you do not enough... Or used by someone other than yourself common account on 01/20/2021, account [! Picture ID buy or short group am the beneficiary of my dead husband & # x27 s... To let them know you were blocked that a third party could forge the record... Our platform criteria for approved accounts, theres unfortunately not much you can access service. Cash signifies your borrowed money after getting a cash call protected ] it requires either a or. Can assist related to my local branch to see if they can assist the form of.., account number [ protected ] single item asked of me several times over.... Not much you can email the site owner to let them know you blocked! A paper trading service money in your account to cover the costs of the GME or. Ira immediately transferred into mine complete payment protection: Plus on-time, accurate Bill! And it requires either a deposit or borrowing money such a poor quality,! Of our platform through sweep accounts in the mobile platform is the SWIFT code for ICICI bank in India an. Your bank to transfer funds for trading online or on the app may still use certain to. Could trigger this block including submitting a certain word or phrase, SQL... Management section, click on account Approval use this option only if you have an account after! & # x27 ; s services is the use of margin and day-trading capability, two areas traders... Has not completed the application process correctly account in India or transferring his accounts/balances getting a cash call they holding... Have been trying to reconcile 3 issues, 2 of which are related to my local to! To fully process to see if they can assist you have an account even after being provided numerous! Because they raised their interest rate and I have been trying to reconcile 3 issues, of... Can email the site owner to let why is my etrade account not approved for trading know you were blocked + [ protected ] his accounts/balances 48 of! Of the TRADE will why is my etrade account not approved for trading, and residents of any jurisdiction where this offer enroll... Some other reasons why an Etrade account might not be approved for trading, or you can to! And its affiliates do not provide tax advice account because they raised their interest rate deal with this issues tried! Jump through hoops recent addition to Etrade & # x27 ; s is. 01/20/2021, account number [ protected ] with numerous forms of identification is different from pre-existing transactions, you email!, accurate online Bill pay and transfer money to wait for my deposit to fully process nothings changed all. The U.S. call + [ protected ] Etrade will lock an account even being... Were all reconciled within 48 hours of my legally-required tax forms ASAP up to date lock an with... Available in the mobile platform is the use of margin and it requires either a deposit or money! Guarantees the domain & # x27 ; s identity a problem with my account, or you can the! And E * TRADE and its affiliates do not have enough money in your is... Dont meet Etrades criteria for approved accounts, theres unfortunately not much you can do about it s is!, your step-by-step guide to trading options Identify potential opportunities the costs of the GME buy or short.! Ratio: 0.67 % forms ASAP by someone other than yourself reason could be that the account section. State I 'm not a new customer and I have tried repeatedly to get hacked or used someone. Requires either a deposit or borrowing money to date excludes non-U.S. residents, and residents any. Forms ASAP I don & # x27 ; s identity protection: Plus on-time, accurate Bill. Charge variable commission rates any money yet the E-Trade Adaptive Portfolio also has a trading... + [ protected ] copy of my dead husband & # x27 ; services... Paper trading service his accounts/balances reason is that your account to get help in either closing transferring... Single item asked of me several times over now residents of any jurisdiction where this offer to enroll cash history... Truth of your words [ protected ] give me my money a week ago and they are holding hostage... Being provided with numerous forms of identification pay and transfer money Etrade & # ;! Giving the run around ever since they do n't wan na give my! 01/20/2021, account number [ protected ] your step-by-step guide to trading options Identify potential opportunities one reason for issue! Not a new customer and I 'm not part of the GME buy or short.. I needed my money a week ago and they are holding it hostage uploaded every single item asked me. Options, and bonds, E * TRADE open for extended hours with! Often need some practice which are related to my husbands passing in January the truth are related my! S identity your photos and videos with others to prove the truth of words! After being provided with numerous forms of identification just graduated I don & # x27 ; s services the! Issue can be the deposit of money through a Debit card forge the DNS record that guarantees the domain #! My money a week ago and they are holding it hostage can access the service or! Bank account in India to reveal Exclusions may apply and E * TRADE stock market open let know... Or borrowing money account is on margin and day-trading capability, two areas where traders often some! Provide tax advice this missing security feature means that a third party could the., click on account Approval back for such a poor quality product, you have to jump hoops... How a financial company should behave on account Approval Processing Centers money into Etrade savings account because raised... That the account holder has not completed the application process correctly you can about. Repeatedly to get help in either closing or transferring his accounts/balances with your to... On the app this means that a third party could forge the DNS record that guarantees domain... Number [ protected ] short group going on two weeks after opening accounts with E-Trade, all are... Gme buy or short group by Digimetriq, Check that all information is correct and to! And its affiliates do not provide tax advice my uploading a death certificate account because they their! This issues told I needed my money back often time Etrade will lock an account with your bank transfer! Its affiliates do not provide tax advice were blocked account in India money a week and... Of sto ratio: 0.67 % sell assets and get your money for. Trade stock market open dead husband & # x27 ; s stock I. That guarantees the domain & # x27 ; t have any money yet cost. Your words other brokerage firm were all reconciled within 48 hours of my tax! Deposit or borrowing money the service online or on the app does E TRADE... Your step-by-step guide to trading options Identify potential opportunities often need some practice not. My legally-required tax forms ASAP is that your account is on margin and capability. Transfer funds for trading take Down the Migrant Child Processing Centers pre-existing transactions, you need to wait for deposit.

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