CreditDonkey is a stock broker comparison and financial education website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†

E*TRADE vs OptionsXpress

E*TRADE is an online broker with one of the best user interfaces. How does it compare to OptionsXpress? Read our comparison chart below.

E*TRADE offers stock trades at $6.95 per trade and 118 commission free ETFs. There is a $500 minimum deposit, no maintenance fee and no inactivity fee.

While OptionsXpress offers stock trades at $8.95 per trade and options trading at $1.25 per contract with a $12.95 minimum. There is no minimum deposit, no maintenance fee and no inactivity fee.

Compare E*TRADE with OptionsXpress, side-by-side. Read on for an in-depth look, including ratings, reviews and pros.

 Learn MoreLearn More



Get 60 Days of Commission-Free Stocks and Options Trade - Learn More

Read E*TRADE Review


Benefits and Features

Stock Trading$6.95 per trade
$4.95 per trade if you make 30+ trades a quarter
$4.95 per trade
Options Trading$6.95 + $0.75 per contract
$4.95 + $0.50 per contract if you make 30+ trades a quarter
$4.95 plus $0.65 per contract
Mutual Fund Trading$0 for no-load, no-transaction-fee funds
$19.99 for transaction-fee funds
$9.95 + load fee
Commission Free ETFs118 including ETFs from WisdomTree, Global X Funds, and db-X Deutsche BankOver 200 including Schwab Market-Cap Index ETFs and Schwab Fundamental Index ETFs.
Penny Stocks
Broker Assisted Trades
$25 + Regular Commission
No broker assistance fees (beyond regular commission)
Customer Service
(650) 599-0125
(888) 280-8020 (Monday to Friday 9am to 8pm Eastern)
Inactivity Fee
Maintenance Fee
Minimum Deposit$500 for brokerage accounts
No account minimum for retirement accounts
BankingChecking account offers no minimum balance requirements, free online bill pay, and unlimited debit card and check transactions. 
Mobile App
Desktop AppE*TRADE Pro (requires you execute at least 30 trades during a calendar quarter or maintain brokerage account balance of at least $250,000)
Forex Trading $0 (optionsXpress receives compensation through the bid/ask spread)
Futures Trading
$3.50 per contract
Online CommunityETrade Community lets you exchange trading and investing ideas with other ETrade customers.Message board and options/futures blog
SeminarsLive events and educational seminars at local branches.Free webinars and local workshops at Schwab branch offices
Virtual Trading Free $25,000 virtual trading account allows you to practice trading stocks, options and futures.

CreditDonkey® Reviews

Stock Trading
Options Trading
Mobile App
Commissions and Fees
Ease of Use
Online Community
Trading Platform
Pros & ConsPros:
  • Expansive set of resources and tools
  • Easy to use website
  • Industry leader
  • Trade fees
  • Awesome interactive website
  • No fee for broker-assisted trades
  • Fantastic visual education resources
Bottom LineOnline broker with one of the best user interfaces... Read full reviewGood online broker for traders looking for online resources... Read full review
 Learn MoreLearn More
What Others View

    Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

    E*TRADE: Pricing information from published website as of 03/13/2017

    OptionsXpress: Pricing information from published website as of 04/09/2017.

    Which is Better: E*TRADE or OptionsXpress?

    Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing E*TRADE or Ally Invest.

    In short: E*TRADE's stock trading is notable.

    Explore E*TRADE In-Depth

    Explore OptionsXpress In-Depth

    Which Do You Think is Best?

    You Might Also Like

      Study: Best Online Stock Broker for Beginners

      Which online broker is best for beginners? Read this in-depth comparison to see which stockbroker is best for ease-of-use, fees, and educational materials.
      How to Compare Online Stock Brokers

      Stock Trading

      Are you tired of earning just pennies on your savings every month? Are you looking for another way to build wealth? Do you want to invest in the stock market but don't know where to start?

      Study: Best Stock Broker for Penny Stocks

      The name "penny stock" can be misleading. To the untrained investment ear, it sounds like an easy trading gig with little at stake. However, nothing can be further from the truth, as it's a very volatile market that should be researched thoroughly before trading, especially by novices. It's more for seasoned traders who understand the pitfalls and the risk involved; it takes some finesse to trade in this arena — and be profitable at it.
      New York Stock Exchange

      Study: Best Discount Broker - TradeKing vs Scottrade vs OptionsHouse

      When you're ready to invest, it's not wise to choose a broker just because it has the lowest per-trade fee. Discount brokers have others pros and cons (including other fees) that are worth assessing before making a choice.

      How to Choose an Online Stock Broker

      If you have a fair amount of savings and you're tired of watching your hard-earned cash earn less than 1% interest in a standard bank account, it's time to consider investing.

      Study: Best Online Stock Brokers - Cheaper But is it Better?

      Lucky you — you've been working hard, you've got some cash to invest, and you want to see all those dollars multiply. But where to begin?
      Ally Invest Coupon Codes

      Ally Invest Review: Pros and Cons

      Ally Invest (formerly TradeKing) offers one of the lowest trade fees, but is it good? Learn the pros and cons and see comparisons with other online brokers in this in-depth review.

    Compare E*TRADE to:

    You might also be interested in

    Average Cost of Clothing Per Month

    Spending $161 per month on clothing and services is average for adults. Middle-age adults spend about $50 more per month. They also make more money, so they have more to spend.

    Compare OptionsXpress to:

    Next Page:

    About CreditDonkey®
    CreditDonkey is a stock broker comparison website. We publish data-driven analysis to help you save money & make savvy financial decisions.

    Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

    †Advertiser Disclosure: Many of the card offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

    *See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

    CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.