Wealthfront vs E*TRADE

Wealthfront is a good robo-advisor for hands-off investor. Fees are low, but lack human advisors. How does it compare to E*TRADE? Read our comparison chart below.

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.

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

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

	Wealthfront	E*TRADE
	SPECIAL OFFER Wealthfront Cash Account - Learn More Read Wealthfront Review	SPECIAL OFFER Learn more about ETRADE - 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	0.25%
Minimum Deposit	$500	$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	No
Robo Advisor
Assets Under Management	$10+ Billion
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
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
Annual Fee
Minimum Deposit
Investment Types
Customer Service
Stock Trading
Options Trading
Banking
Mobile App
Commissions and Fees
Ease of Use
Online Community
Research
Trading Platform
Pros & Cons	Pros: Minimal opening deposit & fees Advanced goal tracker Tax loss harvesting Cons: No human advisors No fractional shares	Pros: Expansive set of resources and tools Easy to use website Industry leader Cons: Trade fees
Bottom Line	Good robo-advisor for hands-off investor. Fees are low, but lack human advisors... Read full review	Online broker with one of the best user interfaces... Read full review
	Wealthfront Cash Account	Learn more about ETRADE ETRADE 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. Wealthfront: Pricing information from published website as of 04/20/2024. E*TRADE: Pricing information from published website as of 01/04/2024.

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Which is Better: Wealthfront or E*TRADE?

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