Empower vs E*TRADE

Empower is a free advanced tools plus hybrid advisory service for people with over $100k in investments. How does it compare to E*TRADE? Read our comparison chart below.

Empower offers free advanced financial tools and paid wealth management services.

While E*TRADE offers stock trades at $0 per trade. There is a $500 minimum deposit, no maintenance fee and no inactivity fee.

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

		E*TRADEQuickenRobinhoodWebullTradeStation
	Visit Site	Learn More
	Empower	E*TRADE
	SPECIAL OFFER Free Money Management Tools - Learn More Read Empower Review	SPECIAL OFFER Learn more about E*TRADE - Learn More Read E*TRADE 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	0.89% for first $1 million, 0.79% for first $3 million, next $2 million 0.69%, next $5 million, 0.59%, and 0.49% over $10 million
Minimum Deposit	$100,000	$0 for self-directed brokerage accounts; Managed portfolios start at $500 minimum
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	Yes
Robo Advisor
Assets Under Management	$1.2 trillion
Penny Stocks
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
Banking		Checking account offers no minimum balance requirements, free online bill pay, and unlimited debit card and check transactions.
Mobile App	Yes
Desktop App		E*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
Investment Tracking
Single Stock Diversification	Yes
Fractional Shares	No
Taxable Accounts	Yes
401k Plans	Yes
IRA Accounts	Yes
Roth IRA Accounts	Yes
SEP IRA Accounts	Yes
Trust Accounts	Yes
529 Plans	Yes
	CreditDonkey® Reviews
Human Advisors
Robo Advisor
Price
Goal Tracker
Budgeting
Customer Service
Ease of Use
Investment Tracking
Retirement Planning
Stock Trading
Options Trading
Banking
Mobile App
Commissions and Fees
Online Community
Research
Trading Platform
Pros & Cons	Pros: Retirement planner Free portfolio advice Robo plus human advisors Cons: $100,000 min for advisory service Higher fees than competitors	Pros: Expansive set of resources and tools Easy to use website Industry leader Cons: Trade fees
Bottom Line	Free advanced tools plus hybrid advisory service for people with over $100k in investments... Read full review	Online broker with one of the best user interfaces... Read full review
	Visit Site	Learn More
	Free Money Management Tools Join Empower For Free Empower Personal Cash	Learn more about E*TRADE E*TRADE Account - Up to $4,000 Bonus E*TRADE Account - Up to $2,500 Bonus
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Empower: Pricing information from published website as of 04/30/2020 E*TRADE: Pricing information from published website as of 01/04/2024. Empower: Empower Personal Wealth, LLC (“EPW”) compensates CREDITDONKEY INC for new leads. CREDITDONKEY INC is not an investment client of Personal Capital Advisors Corporation or Empower Advisory Group, LLC.

Free Money Management Tools

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Empower Personal Cash

• 4.70% APY
• $0 monthly fee
• Withdraw up to $100k per day

Funds placed in the Empower Personal Cash Program are FDIC insured by program banks up to an aggregate of $5,000,000. (up to $10 million for joint accounts)

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Which is Better: Empower or E*TRADE?

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

Articles on Empower

Empower Reviews

Empower offers wealth management services and free financial tools. But is it legit? Find out if this robo advisory service is right for you.

• Empower vs Quicken
• Empower vs Betterment
• Empower vs Wealthfront

Is Empower Safe

Empower offers free budgeting tools. But is it safe to link all your financial accounts? Learn just how secure Empower is.

• Empower vs Vanguard
• Empower vs Fidelity

Empower vs Quicken

Quicken is the oldest name in personal finance software, while Empower is newer and offers advanced tools for free. Read on to see if it's a good alternative to Quicken.

Empower vs Mint

Empower and Mint are popular money management apps. Read this review to find out how they compare and which one is better for you.

Articles on E*TRADE

ETrade Review for Beginners

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.

• E*TRADE vs Robinhood
• E*TRADE vs Webull
• E*TRADE vs TradeStation

Which Do You Think is Best?

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