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E*TRADE vs Robinhood

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

E*TRADE offers stock trades at $0 per trade. There is a $500 minimum deposit, no maintenance fee and no inactivity fee.

While Robinhood offers $0 stock trades by cutting out physical offices and manual account management. Only basic stock trading can be performed on the mobile app. There is no minimum deposit or maintenance fee, though there is an optional paid premier customer tier starting at $6/month.

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

 

E*TRADE

Robinhood

SPECIAL OFFER
Get $100 Cash Credit - Learn More

Read E*TRADE Review

SPECIAL OFFER
Invite Friends, Get Free Stocks - Learn More

Read Robinhood Review

 

Benefits and Features

Stock Trading
$0 per trade
$0
Options Trading$0 per trade + $0.65 per contract
$0 per trade + $0.50 per contract if you make 30+ trades a quarter
 
Minimum Deposit$500 for brokerage accounts
No account minimum for retirement accounts
$0
Mutual Fund Trading$0 for no-load, no-transaction-fee funds
$19.99 for transaction-fee funds
 
Commission Free ETFs
250+
all U.S. listed ETFs
Penny Stocks
 
Broker Assisted Trades
$25 + Regular Commission
$10
Customer Service
800-387-2331
Monday-Friday 9am - 6pm ET
Inactivity Fee
$0
$0
Maintenance Fee
$0
$0
BankingChecking account offers no minimum balance requirements, free online bill pay, and unlimited debit card and check transactions.
No
Mobile App
Yes
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)
Yes
Futures Trading$1.50 per contract, per side + fees (excluding bitcoin futures) 
Locations
30
No
Online CommunityETrade Community lets you exchange trading and investing ideas with other ETrade customers.
No
SeminarsLive events and educational seminars at local branches.
No
Virtual Trading 
No
 

CreditDonkey® Reviews

Stock Trading
Options Trading
Banking
Mobile App
Commissions and Fees
Ease of Use
Online Community
Research
Trading Platform
Pros & ConsPros:
  • Expansive set of resources and tools
  • Easy to use website
  • Industry leader
Cons:
  • Trade fees
Pros:
  • Commission-free trades
  • No minimum
Cons:
  • No IRAs
  • Limited research
  • No mutual funds & bonds
Bottom LineOnline broker with one of the best user interfaces... Read full reviewFree option to trade stocks with limited bells and whistles... Read full review
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 02/21/2020.

    Robinhood: Pricing information from published websites as of 02/21/2020.

    Which is Better: E*TRADE or Robinhood?

    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 mobile app and research are notable. In particular, the mobile app is outstanding. Robinhood's stock trading and commissions and fees are impressive.


    Articles on E*TRADE


    Articles on Robinhood


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