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:
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| 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?
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