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Robinhood vs E*TRADE

Robinhood is a free option to trade stocks with limited bells and whistles for investors. How does it compare to E*TRADE? Read our comparison chart below.

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.

While E*TRADE offers stock trades at $6.95 per trade and 200+ commission free ETFs. There is a $500 minimum deposit, no maintenance fee and no inactivity fee.

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

 E*TRADE
 Learn MoreLearn More
 

Robinhood

E*TRADE

SPECIAL OFFER
Get up to 500 Commission-Free Trades - Learn More

Read E*TRADE Review

 

Benefits and Features

Stock Trading
$0
$6.95 per trade
$4.95 per trade if you make 30+ trades a quarter
Options Trading $6.95 + $0.75 per contract
$4.95 + $0.50 per contract if you make 30+ trades a quarter
Minimum Deposit
$0
$500 for brokerage accounts
No account minimum for retirement accounts
Mutual Fund Trading $0 for no-load, no-transaction-fee funds
$19.99 for transaction-fee funds
Commission Free ETFsall U.S. listed ETFs200+ including ETFs from WisdomTree, Global X Funds, and db-X Deutsche Bank
Penny Stocks 
Broker Assisted Trades
$10
$25 + Regular Commission
Customer Service
Monday-Friday 9am - 6pm ET
(650) 599-0125
Inactivity Fee
$0
$0
Maintenance Fee
$0
$0
Banking
No
Checking account offers no minimum balance requirements, free online bill pay, and unlimited debit card and check transactions.
Mobile App
Yes
Desktop App
Yes
E*TRADE Pro (requires you execute at least 30 trades during a calendar quarter or maintain brokerage account balance of at least $250,000)
Futures Trading 
Locations
No
30
Online Community
No
ETrade Community lets you exchange trading and investing ideas with other ETrade customers.
Seminars
No
Live events and educational seminars at local branches.
Virtual Trading
No
 
 

CreditDonkey® Reviews

 E*TRADE
Stock Trading
Options Trading
Mobile App
Commissions and Fees
Ease of Use
Research
Banking
Online Community
Trading Platform
Pros & ConsPros:
  • Commission-free stock trading on a mobile platform
  • No minimum investment required
Cons:
  • No retirement accounts
  • Limited research
  • No bond trading
  • No mutual fund trading
Pros:
  • Expansive set of resources and tools
  • Easy to use website
  • Industry leader
Cons:
  • Trade fees
Bottom LineFree option to trade stocks with limited bells and whistles for investors... Read full reviewOnline broker with one of the best user interfaces... 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.

    Robinhood: Pricing information from published websites as of 4/24/2018

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

    Which is Better: Robinhood or E*TRADE?

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

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


    Explore Robinhood In-Depth


    Explore E*TRADE In-Depth


    Which Do You Think is Best?


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