Etrade vs Firstrade 2013 Review

star Poor

star star Mediocre

star star star Good

star star star star Excellent

star star star star star Outstanding

trophy Featured

Etrade
Firstrade
Open Account Open Account Open Account
Current Offers Special Offer: Trade free for 60 days + Get up to $500 - Learn More Special Offer: Receive 250 free trades and up to $250 cash - Learn More
Broker Reviews Read full review › Read full review ›

Fees

Flat-Fee Trade Plan* $9.99 $6.95
Per-Share Trade Plan N/A N/A
Mutual Fund Trade Fee* $19.99 $9.95
Options Trade Base $9.99 $6.95
Options Per Contract $0.75 $0.75
Options Exercise Fee $19.99 $16.95
Options Assignment Fee $19.99 $16.95
Broker Assisted Trades $25.00 $26.95
Minimum Deposit $500.00 $0.00

2013 Review Ratings

Overall star star star star star star star
Commissions & Fees star star star star star
Customer Service star star star Star star star star
Platform & Tools star star star star star Star
Research star star star star Star star star star
Ease of Use star star star star Star star star star star Star
Investment Offering star star star star star star star
Education star star star star Star star Star
Mobile Trading star star star star Star star Star

Brokers

Etrade Firstrade

Account Features

Virtual Trading
No Minimum Deposit check
No Maintenance Fees check check
No-Fee IRAs check check
Online Trader Community check check
Investment Education check check
Live Seminars check

Mobile Trading

iPhone App check check
iPad App check
BlackBerry App check
Android App check
Mobile Site check check

Trade Types

Stock Trading check check
Options Trading check check
Mutual Funds check check
FOREX Trading check
Futures Trading check

Banking Features

Checking Accounts check
Savings Accounts
Credit Card Accounts
Debit Card Accounts check
Mortgage Loans

Margin Rates

Under $25k 8.44% 7.75%
$25k to $49k 7.94% 7.75%
$50k to $99k 7.44% 7.50%
$100k to $249k 6.14% 6.75%
$250k to $499k 5.14% 6.25%
$500k to $999k 4.14% 5.50%
Above $1,000,000 3.89% 5.00%

Recap

Etrade Firstrade
Open Account Open Account Open Account
Current Offers Special Offer: Trade free for 60 days + Get up to $500 - Learn More Special Offer: Receive 250 free trades and up to $250 cash - Learn More
Broker Reviews Read full review › Read full review ›

Firstrade vs Etrade

StockBrokers.com 2013 review compares Etrade vs Firstrade. Compare Etrade and Firstrade trade commissions, fees and overall broker ratings by using the chart above. Is Etrade or Firstrade a better online broker? The StockBrokers.com staff breaks down all the key broker features, rates, and commissions charged to clients to determine the best broker.

There is a significant price difference of $3.04 per stock trade between ETRADE and Firstrade. ETRADE's per trade stock price of 9.99 is significantly higher than Firstrade's per trade stock price of 6.95.

The ETRADE's "Overall" rating of 4 stars is a slight advantage over Firstrade's "Overall" rating of 3 stars.

Only ETRADE has an iPad app for tablet trading while Firstrade does not support the device at this time. You can find the app in the iTunes app store. Both ETRADE and Firstrade have an iPhone App for mobile trading.

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