when was etrade established?
<answer> Etrade was established in 1992. <context> Etrade Review Summary Based in New York, Etrade is one of the best-known and largest online brokerage firms in the country, and it is a publicly traded company. When it was founded in 1992 as the first online discount brokerage, it revolutionized stock market trading. Since then, many other companies have followed the same business model. Etrade's commissions are $6.95 per stock or ETF trade, and $6.95 plus $0.75 per contract on option trades. Clients making 30+ trades per quarter get a much better, $4.95 per trade rate on equities and 50 cents options contracts. Mutual funds are priced at a very attractive $19.99 per transaction rate.