E*Trade Or Not? | Ramblings of an e-trader

Tuesday, 8 May 2007

E*Trade Or Not?

Well, since the day I questioned myself if I should apply for an E*Trade account or not, I have been in two minds still pondering if I should open it.

For one, my name on E*Trade and PayPal will most probably not match and that would render my E*Trade account useless because PayPal requires both names to match exactly before they allow transfer of funds.

Moreover, PayPal has promised to grant us full features of PayPal by the end of the year and if we could transfer our funds directly to a local bank, which I hope we can do, my E*Trade account will be redundant as well.

I don't know if an E*Trade account will get my PayPal account suspended or not. Perhaps my fears are unfounded. So far, I have not read of cases where an E*trade account has caused suspension of PayPal account, but others like Virtual Money Inc. has caused some accounts to b suspended.

So, I have printed out my E*Trade application forms and even filled them out BUT ... should I or should I not?

Related Post:
Should I Apply For An E*Trade Account?

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