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 low stock trade prices (starting at just $2) for investors with account balances over $500k. For those with smaller balances, it's best for less active traders, as trade prices go up after 25 trades/year. Vanguard offers 125+ no-transaction-fee mutual fees and 55+ commission-free ETFs. There is no minimum deposit and service fees can be waived by signing up for electronic statements.
Compare E*TRADE with Vanguard, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
E*TRADE | Vanguard | |
---|---|---|
Learn more about E*TRADE - | ||
Benefits and Features | ||
Stock Trading | Less than $50,000: $7 per trade for the first 25 trades per year, then $20. $50k - $500k: All trades $7. $500k - $1M: All trades $2. $1M - $5M: First 25 trades per year free, then $2. $5M+: First 100 trades per year free, then $2 | |
Options Trading | $0 per trade + $0.65 per contract $0 per trade + $0.50 per contract if you make 30+ trades a quarter | Less than $500,000: $7 + $1 per contract. $500,000+: $2 + $1 per contract |
Minimum Deposit | $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 | $0 for no-transaction-fee funds. For transaction-fee funds: $20 for account balances less than $500,000; $8 for account balances $500,000+ |
Commission Free ETFs | Around 1,800 ETFs from about 100 other companies | |
Penny Stocks | ![]() | |
Broker Assisted Trades | ||
Customer Service | ||
Inactivity Fee | ||
Maintenance Fee | $20/year. Waived if account owner signs up for e-delivery service OR have at least $10,000 in Vanguard ETFs and mutual funds | |
Banking | Checking account offers no minimum balance requirements, free online bill pay, and unlimited debit card and check transactions. | |
Mobile App | ![]() | |
Desktop App | E*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 | ||
Futures Trading | $1.50 per contract, per side + fees (excluding bitcoin futures) | |
Locations | ||
Online Community | ||
Seminars | ||
Virtual Trading | ||
CreditDonkey® Reviews | ||
Stock Trading | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Options Trading | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Banking | ![]() ![]() ![]() ![]() ![]() | |
Mobile App | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Commissions and Fees | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Ease of Use | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Online Community | ![]() ![]() ![]() ![]() ![]() | |
Research | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Trading Platform | ![]() ![]() ![]() ![]() ![]() | |
Mutual Fund Trading | ![]() ![]() ![]() ![]() ![]() | |
Pros & Cons | Pros:
| Pros:
|
Bottom Line | Online broker with one of the best user interfaces... | Good choice for ETF and mutual fund investors interested in Vanguard-sponsored investments... |
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 12/05//2020. Vanguard: Pricing information from published websites as of 09/15/2019. |
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 Ally Invest.
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
Articles on Vanguard
Vanguard Brokerage Review
Which Do You Think is Best?
You might also be interested in
Related: Investing
