E*TRADE vs. Schwab.com

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
E*TRADE
Score 1.2 out of 10
N/A
E*TRADE is a financial services company and pioneer in the online brokerage industry. Having executed the first-ever electronic trade by an individual investor more than 30 years ago, the Company focused on delivering complete and easy-to-use solutions for traders, investors and stock plan participants.N/A
Schwab.com
Score 8.0 out of 10
N/A
The Charles Schwab Corporation provides a range of brokerage, banking and financial advisory services through its operating subsidiaries. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC), and its affiliates offer investment services and products. Schwab.com is an online trading platform that helps research, execute, and manage trades.N/A
Pricing
E*TRADESchwab.com
Editions & Modules
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Offerings
Pricing Offerings
E*TRADESchwab.com
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details$0--Stocks, options, and ETFs/ $0.65 50¢ with 30+ trades per quarter--Options contracts/ $1.50--Futures contracts/ $1.00 per bond, (minimum $10, maximum $250)--Bonds (online secondary trades)$0-Stocks and ETFs online commission $0-Options online base commission + $0.65 per contract fee $0-Mutual Funds on thousands of funds from Schwab Mutual Fund OneSource
More Pricing Information
Community Pulse
E*TRADESchwab.com
User Ratings
E*TRADESchwab.com
Likelihood to Recommend
1.2
(0 ratings)
-
(0 ratings)
User Testimonials
E*TRADESchwab.com
Likelihood to Recommend
Being used other panels, E*TRADE has an edge on getting things done related trading, selling and purchasing at a great extend, it is very easy to use, provided that the users have very less knowledge in Share Markets, the tool has a minimal platform as. well as advanced features to work with multiple people. However, there is room for improvement in terms of Management features and Support after the employee leaves.
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Pros
  • I like their sell orders that allow you to set a price or percentage as a stop loss.
  • Their dashboard is easy to use and gives you some quick info.
  • I also like E*TRADE's reports for gains and losses.
  • Moving funds into and out of your accounts is pretty simple with E*TRADE.
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Cons
  • summary page needs to have more details like it doesn't show current market price for an option purchased
  • purchase or sell needs to be user friendly so it takes less time.
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Alternatives Considered
robinhood is similar to e-trade but they are geared more to bitcoin and companies that may not be offered on E*TRADE because they are off-market companies.
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Return on Investment
  • Limit how much you want invest.
  • This is an open trade website and there is a risk of losing your money based on your investments.
  • If you make some sound investments and keep yourself within a budgeted spending limit there is the opportunity to make money on e-trade.
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ScreenShots