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E*TRADE vs Wealthfront

E*TRADE is an online broker with one of the best user interfaces. How does it compare to Wealthfront? 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 Wealthfront has a low fee of 0.25% and a minimum of $500 to open an account. Wealthfront offers advanced planning tools to help provide a complete picture of your financial health and track your goals. However, there are no human advisors.

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

 

E*TRADE

Wealthfront

SPECIAL OFFER
Learn more about E*TRADE - Learn More

Read E*TRADE Review

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Wealthfront Cash Account - Learn More

Read Wealthfront Review

 

Benefits and Features

Stock Trading
$0 per trade
 
Options Trading
  • $0 per trade + $0.65 per contract
  • $0 per trade + $0.50 per contract if you make 30+ trades a quarter
 
Annual Fee 
0.25%
Minimum Deposit$0 for self-directed brokerage accounts; Managed portfolios start at $500 minimum
$500
Mutual Fund Trading$0 for no-load, no-transaction-fee funds; $19.99 for transaction-fee funds 
Commission Free ETFs
250+
 
Phone Support 
Yes
Live Chat Support 
No
Email Support 
Yes
Human Advisors 
No
Robo Advisor 
Check
Assets Under Management 
$10+ Billion
Penny Stocks
Check
 
Tax Loss Harvesting 
Yes
Goal Tracker 
Yes
Automatic Deposits 
Yes
Broker Assisted Trades
$25 + Regular Commission
 
Inactivity Fee
$0
 
Maintenance Fee
$0
 
Online Platform 
Yes
iPhone App 
Yes
Android App 
Yes
BankingChecking account offers no minimum balance requirements, free online bill pay, and unlimited debit card and check transactions. 
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) 
Futures Trading$1.50 per contract, per side + fees (excluding bitcoin futures) 
Customer Service
800-387-2331
 
Virtual Trading
Yes
 
Single Stock Diversification 
Yes
Fractional Shares 
No
Taxable Accounts 
Yes
401k Plans 
No
IRA Accounts 
Yes
Roth IRA Accounts 
Yes
SEP IRA Accounts 
Yes
Trust Accounts 
Yes
529 Plans 
Yes
 

CreditDonkey® Reviews

Stock TradingStarStarStarStarEmpty Star
Options TradingStarStarStarStarEmpty Star
BankingStarStarStarEmpty StarEmpty Star
Mobile AppStarStarStarStarStar
Commissions and FeesStarStarStarHalf StarEmpty Star
Ease of UseStarStarStarStarStar
Online CommunityStarStarStarStarEmpty Star
ResearchStarStarStarStarEmpty Star
Trading PlatformStarStarStarStarStar
Annual FeeStarStarStarStarHalf Star
Minimum DepositStarStarStarStarHalf Star
Investment TypesStarStarStarStarEmpty Star
Customer ServiceStarStarStarEmpty StarEmpty Star
Pros & ConsPros:
  • Expansive set of resources and tools
  • Easy to use website
  • Industry leader
Cons:
  • Trade fees
Pros:
  • Minimal opening deposit & fees
  • Advanced goal tracker
  • Tax loss harvesting
Cons:
  • No human advisors
  • No fractional shares
Bottom LineOnline broker with one of the best user interfaces... Read full reviewGood robo-advisor for hands-off investor. Fees are low, but lack human advisors... Read full review

Wealthfront Cash Account

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.

Wealthfront: Pricing information from published website as of 04/20/2024.

Which is Better: E*TRADE or Wealthfront?

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.


Articles on E*TRADE

ETrade Review

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 Wealthfront

Wealthfront Reviews

Wealthfront simplifies long-term, low-cost investing with a diversified portfolio. But is it safe? Read on to learn if Wealthfront is worth it.

Which Do You Think is Best?





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