What are the pluses and minuses of using ETrade Global Trading?
E-Trade’s Global Trading Account, https://us.etrade.com/e/t/investingandtrading/globaltrading, allows US customers to convert US currency to 5 other local currencies and trade stocks at those exchanges. Why would you want to do that if you can buy ADR from US exchanges? What are the benefits or drawbacks in using such Global Trading accounts? What is the gotcha, if any?
What is the best site for trading stocks and currency exchange?
I am completely new to the world of trading stocks or currency, but I want to get started. I see ads for all these different websites (ameritrade, etrade, etc.), and I was wondering, which (if any) would be the best for a beginner? I’m not looking to get rich quick, but I would like to start investing my money for the long term.
Also, which if any of these sites offers a way to trade currencies? Ideally, I would become a member of the site with the best combination of both of these (trading stocks and currency).
Thanks


