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E*Trade Reports 2010 Q4 Decline

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E*Trade (read our full review) has reported a 5% decline in year over year revenues. However, on a better note new accounts totaled 28,000, significantly more than the prior quarter’s 7,000. Total customer accounts was 4.25 million at the end of the quarter. CEO Steven Freiberg said, “We enter the year with strong momentum; continue to position the company for long-term, sustainable profitability; and expect to be profitable in 2011.”

Find out more about the trader platform, commissions, and account features in our E*Trade Review.

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