About this Collection:
About Etrade APIs
Etrade offers developers resources to use their open API to create customized solutions for end-users. Likewise, third-party tools integrate with the API to provide traders with powerful tools for their accounts, social investing, and market research.
What is Etrade?
A subsidiary of Morgan Stanley, Etrade Financial is an electronic trading platform that allows investors to trade various types of funds, futures contracts, options, stocks, and other financial assets. Etrade was founded in 1982, making it the oldest online brokerage firm, and in 1983, their founders completed the first online trade in the world. This invention paved the way for investors to take control of their trading activities without the need for a human broker.
Besides trading, the corporation provides advisory services, cash management, employee stock ownership plan assistance, margin lending, online banking, and student loan benefit administration.
How does Etrade work?
Etrade allows investors to choose the type of account they want, such as a retirement account for an IRA, a brokerage account for a minor, a managed portfolio, or a small business retirement account for small business owners or employees as well as self-employed individuals.
Accounts can then be funded through online transfers, total account transfers from another investment, wire transfers, or by mailing a check.
Etrade operates 30 physical branches besides their website and app and earns capital through commissions, interest income on margin balances, and other payments for order flow.
Who can benefit from an Etrade API?
Anyone who invests through Etrade benefits from the Etrade API through third-party applications that access their database. The API allows for secure account access to check balances and portfolio progress, list and make transactions, and get market alerts and information.
Developers can request one of two keys to access the API, either individual or vendor. An individual key will access only one account, while the vendor key allows for wider distribution and is necessary for a consumer application.
Why are Etrade APIs necessary?
The Etrade API and those like it allow for easier account management, trading capabilities, and market research.
What can you expect from an Etrade API?
The Etrade API provides secure account access for client authentication, direct trading management, viewing of balances and current market positions, pricing and news about options, stocks, and indices, and receiving updates directly from Etrade.
Are there examples of free Etrade APIs?
Etrade API SDKs
All Etrade APIs are supported and made available in multiple developer programming languages and SDKs including:
- Java (Android)
- C# (.NET)
Just select your preference from any API endpoints page.
Sign up today for free on RapidAPI to begin using Etrade APIs!