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E*TRADE vs Vanguard

E*TRADE is an online broker with one of the best user interfaces. How does it compare to Vanguard? 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 Vanguard offers $0 commission on stock and ETF online trades, $0 commission on Vanguard mutual funds, and no minimum deposit.

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

 

E*TRADE

Vanguard

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Read Vanguard 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
$0 + $1-per-contract fee. Discounts available if you have more than $1 million assets invested in Vanguard ETFs and mutual funds
Minimum Deposit$0 for self-directed brokerage accounts; Managed portfolios start at $500 minimum
$0
Mutual Fund Trading$0 for no-load, no-transaction-fee funds; $19.99 for transaction-fee funds
$0 for Vanguard mutual funds
Commission Free ETFs
250+
Around 1,800 ETFs from about 100 other companies
Penny Stocks
Check
 
Broker Assisted Trades
$25 + Regular Commission
$25.00
Inactivity Fee
$0
$0
Maintenance Fee
$0
$20/year. Waived if account owner signs up for e-delivery service OR have at least $10,000 in Vanguard ETFs and mutual funds
BankingChecking account offers no minimum balance requirements, free online bill pay, and unlimited debit card and check transactions.
No
Mobile App
Check
Yes
Desktop AppE*TRADE Pro (requires you to execute at least 30 trades during a calendar quarter or maintain brokerage account balance of at least $250,000)
Yes
Forex Trading 
Yes
Futures Trading$1.50 per contract, per side + fees (excluding bitcoin futures)
No
Customer Service
800-387-2331
Monday-Friday 8am -10pm ET
Locations 
No
Online Community 
No
Seminars 
Yes
Virtual Trading
Yes
No
 

CreditDonkey® Reviews

Stock TradingStarStarStarStarEmpty StarStarStarStarEmpty StarEmpty Star
Options TradingStarStarStarStarEmpty StarStarStarStarStarEmpty Star
BankingStarStarStarEmpty StarEmpty Star
Mobile AppStarStarStarStarStarStarStarStarEmpty StarEmpty Star
Commissions and FeesStarStarStarHalf StarEmpty StarStarStarStarStarEmpty Star
Ease of UseStarStarStarStarStarStarStarStarStarStar
Online CommunityStarStarStarStarEmpty Star
ResearchStarStarStarStarEmpty StarStarStarStarHalf StarEmpty Star
Trading PlatformStarStarStarStarStar
Mutual Fund TradingStarStarStarStarStar
Pros & ConsPros:
  • Expansive set of resources and tools
  • Easy to use website
  • Industry leader
Cons:
  • Trade fees
Pros:
  • Large selection of mutual funds and commission-free ETFs
  • Broker assistance is available at no additional cost
  • Easy to use
Cons:
  • Commission structure penalizes frequent traders
  • Customer service wait times
  • Commission costs on non-Vanguard investment options
Bottom LineOnline broker with one of the best user interfaces... Read full reviewGood choice for ETF and mutual fund investors interested in Vanguard-sponsored investments... Read full review

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 01/04/2024.

Vanguard: Pricing information from published websites as of 10/17/2023.

Which is Better: E*TRADE or Vanguard?

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

In short: E*TRADE's stock trading and mobile app are notable. In particular, the mobile app is outstanding.


Articles on E*TRADE

ETrade Reviews

E*TRADE is a highly well-known name, but does that mean it is better than its competitors? Read our in-depth review and see how it compares.

Articles on Vanguard

Vanguard Brokerage Review

Vanguard Brokerage may be a full-service broker, but typically long-term investors preferring ETFs and mutual funds see the greatest return on their investment with them.

Which Do You Think is Best?





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CreditDonkey is a personal finance comparison website. We publish data-driven analysis to help you save money & make savvy 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.

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