Stock Under $10: E*Trade (ETFC) Offers FOREX Trading

After launching its new investor dashboard last week, E*TRADE 360, the best online broker for trading penny stocksE*TRADE Financial Corp. (NASDAQ: ETFC) has now broadened its market by initiating E*TRADE FX. The new platform offers access to customers to now trade currency markets,  search and research FOREX as well as FOREX education through FXCM. One year off its 52-Week High, ETFC is currently at $9.40 Pre-Market today, February 21, 2012.

Quick Look at ETFC:

Market Cap: 2.67 Billion
Price/Sales: 1.88
Price/Book: 0.54
52-Week High: 17.59 (February 22, 2011)
52-Week Low: 7.42 (December 19, 2011)
10-Day Average Volume: 5,237,810
Float: 233.84 Million
Short Ratio: 1.00 (as of January 31, 2012)


The new online brokers’ investing dashboard intensifies the amount of data and easy access to that data regardless of what expertise level a customer is. The dashboard makes online equity trading smoother, faster and more stronger with a slew of new features. The most interesting of which is the watch lists which track current account holdings, as well as securities including penny stocks of potential interest.


The new FOREX platform will allow customers to trade currencies on the no-fee platform seamlessly. Of the features E*Trade offers, it will enter into a sector of equity trading that will allow the customers access to:

  • Advanced Charting: customizable technical studies, analytics and indicators
  • Quick Transfer: easily move funds between E*TRADE brokerage or bank accounts and forex accounts2
  • News & Analysis: access to international financial news and a comprehensive economic calendar
  • 56 Currency Pairs: choose from a variety of major and minor pairs
  • Leverageup to 50:1 leverage for major pairs and 20:1 for minors
  • Forex Trading Specialists: access to experienced forex professionals
  • No Commissionscompetitive spreads and fair execution
  • Free Trading Education: live in-person, on-line, and on-demand trading education
  • Extended Trading Day: 24 hours-a-day, 5 days-a-week
  • Practice Account: practice trading forex risk free with live data

Visit for more information on E*TRADE 360 and E*TRADE FX.  E*Trade has been a favorite of penny stock traders for some time now and the new dashboard and now FOREX trading access only improves an already reliable online equity trading service.

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