Just2Trade offers heavily discounted trades with little catches, but suffers across the board to get there, cutting corners whenever possible and delivering a poor overall client experience not worth the cost savings.

Commissions & Fees
Offering of Investments
Platforms & Tools
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By Blain Reinkensmeyer on February 16th, 2016 | Last updated: December 30th, 2016

  • Poor email support
  • Basic site design
  • Clear corner-cutting on tools and research implementation
  • Leaves clients wanting more

Just2Trade Review

04/06/2015 Update: Just2Trade was acquired by WhoTrades. The broker will continue to operate under the Just2Trade name.

The content portion of this Review was completed on February 18th, 2014 in conjunction with the 2014 Broker Review. Just2Trade did not participate in the 2015 or 2016 Broker Review.

On the surface, it is easy to understand what Just2Trade is trying to accomplish: being the dream broker. The homepage claims Just2Trade offers everything from first-class research to great support, premier education and award-winning discounted trading.

Unfortunately, looks are deceiving. While Just2Trade does offer cheap trades, everything else about the client experience suffers, and in the end, clients are better off investing elsewhere.

Commissions & Fees

Starting off with the one bright spot of Just2Trade's value proposition, its commission structure is straight-forward, easy-to-understand and contains few catches. All equities trades, mutual funds trades, bonds trades and even broker-assisted trades are just $2.50. Option trades run just $2.50 plus $.50 per contract, while exercising and assignments are $20 per. 

For the casual investor, this is attractive after all, TD Ameritrade, ETRADE, Scottrade and other big name brokers charge at least $7 per trade, not to mention much higher costs for options trades. It works for investors who desire nothing more than a basic trade ticket to place orders with. Beyond this, TradeKing and OptionsHouse both offer commissions for less than $5, too, and are more compelling.

Lastly, for seasoned active traders, there is one critical flaw in Just2Trade's offering that should not be overlooked. Just2Trade, like the majority of online brokers, receives payment for order flow, keeping all the market rebates for themselves instead of kicking them back to the client. Active trading brokers such as Lightspeed, Interactive Brokers and Cobra Trading pass this rebate back to their clients, not to mention have far superior executions, and thus are a better deal.

Just2TradeOptionsHouseInteractive BrokersTradeKingScottrade
Stock Trade Fee (flat)$2.50$4.95N/A$4.95$7.00
Options Base Fee$2.50$4.95$0.00$4.95$7.00
Options Per Contract Fee$0.50$0.50$0.70$0.65$0.70
Mutual Fund Trade Fee$12.50$20.00$14.95$9.95$17.00
Broker Assisted Trades Fee$22.50$25.00$30.00$20.00$32.00
Commissions & Fees .1/5 4.5/5 0/5 4/5 2/5

Platforms, Tools, and Research

Just2Trade does not offer a conventional platform. There is no software to download onto the desktop, nor is there a traditional Java-based program to run in the browser. Instead, Just2Trade's platform is simply their website.

Along with ShareBuilder and Firstrade, Just2Trade was in the bottom three for total points earned this year in the Platforms & Tools category of our 2013 Broker Review. There is not much to get excited about, beyond the bare-bone basics every investor expects to find.

Just2Trade Watchlist

Just2Trade order entry

Research, like tools, is also disappointing. In 2013, Just2Trade parted ways with Morningstar, which is one of the premier research providers available on the web, as their primary research provider clearly, a cost-saving effort. They replaced them with InvestCenter, where depth of research is nearly non-existent and the UI is poor, to say the least. In fact, despite there being a section for mutual funds, we could not pull up one fund, instead receiving errors each time.

Other Notes

Just2Trade's website design is outdated and very basic in design. Depending on the browser utilized to access the site, misaligned text and other small nuances can be seen, reflecting the lack of extra capital to invest in site design due to ultra low-commissions.

Just2Trade website header menu

Just2Trade used to offer technical analysis education through Recognia, but in late 2012 they ended their contract, as the content was underutilized. With Recognia out of the picture, the broker (as of this review) does not offer any investor education.

Lastly, the broker does not currently offer any apps for mobile trading.

Final Thoughts

Just2Trade paints the picture on its homepage as everything a self-directed investor could want, but in reality, they fall well short of their goal.

The main challenge for a broker like Just2Trade is delivering a well-rounded client experience with so little capital to work with. Because of its heavily discounted rates, Just2Trade is not able to provide some of the most basic features, not to mention a decent website.

In the end, Just2Trade's strategy seems clever on paper, but is poor in practice. 

Blain Reinkensmeyer

Reviewed by Blain Reinkensmeyer Blain heads research at and has been involved in the markets since placing his first stock trade back in 2001. He developed's annual review format six years ago which is respected by broker executives as the most thorough in the industry. Currently maintaining funded accounts with more than a dozen different US regulated online brokers, he's executed thousands of trades through his career and enjoys sharing his experiences through his personal blog,

Ratings Overall

*Just2Trade did not participate in the 2016 Online Broker Review, as a result the following data may not be up to date.

Best in Class


This broker did not finish Best in Class.

This broker did not finish Best in Class.

  • Commissions & Fees

  • Commissions & Fees

Commissions & Fees

*Just2Trade did not participate in the 2016 Online Broker Review, as a result the following data may not be up to date.

Commission Notes

Just2Trade commissions structure details below:

Stock Trades - $2.50 per trade. There is an additional charge of $.003 per share for extended hours trading. For stocks priced less than $1.00, add $0.003 per share for the entire order (maximum commission per order not to exceed $5.50).

Options Trades - $2.50 + $.50 per contract. There is a $20 fee for each exercise or assignment.

Mutual Funds - $12.50 per trade.

Trade Commissions Breakdown

Stock Trade Fee (flat)* $2.50
Stock Trade Fee (per share)* $0.0025
Options Base Fee* $2.50
Options Per Contract Fee* $0.50
Options Exercise Fee $20.00
Options Assignment Fee $20.00
Mutual Fund Trade Fee $12.50
Broker Assisted Trades Fee $22.50
Minimum Deposit $2,500.00

Margin Rates

Under $24,999.99 7.00%
$25,000.00 to 49,999.99 6.50%
$50,000.00 to $99,999.99 6.25%
$100,000.00 to $249,999.99 5.50%
$250,000.00 to $499,999.99 5.50%
$500,000.00 to $999,999.99 5.00%
Above $1,000,000.00 4.75%

Miscellaneous Fees

Bond Trade Fee N/A
Treasury Trade Fee N/A
IRA Annual Fee $50.00
IRA Closure Fee $75.00
Returned ACH Fee $50.00
Returned Wire Fee $25.00
Stock Certificate Processing Fee N/A
Stock Certificate Delivery Fee $20.00
Paper Statement Fee $5.00
Paper Confirmation Fee $3.00
Domestic Wire Fee $30.00
International Wire Fee $60.00

Account Features

*Just2Trade did not participate in the 2016 Online Broker Review, as a result the following data may not be up to date.

Offering of Investments

Advisor Services help No
Bonds (Corporate) help No
Bonds (Municipal) help No
Bonds (US Treasury) help No
CDs help No
Clearing Firm help COR Clearing LLC & Vision Financial Markets
Commission Free ETFs help 0
Direct Market Routing - Stocks help Yes
Direct Market Routing - Options help No
DRIPs help Yes
# of Easy to Borrow Stocks help 3400
Forex Trading help No
Futures Trading help Yes
Member FINRA help Yes
Member SIPC help Yes
Mutual Funds help Yes
Mutual Funds (Load) help 100
Mutual Funds (No Load) help 3000
Mutual Funds (NTF) help 2900
Mutual Funds (Total) help 3000
Mutual Funds Phone Trades help Yes
Mutual Funds Web Trades help No
No Fee IRAs help No
No Inactivity Fees help Yes
No Minimum Deposit help No
Options Exercising (Phone) help Yes
Options Exercising (Web) help No
Options Trading help Yes
Options Trading (Mini) help No
Options Trading (Weekly) help Yes
OTCBB / Pink Sheets help Yes
Stock Trading help Yes

Customer Service

Phone Support help Yes
Email Support help Yes
Live Chat (Current Clients) help Yes
24/7 Support help No

Platforms & Tools

Desktop Platform (Windows) help No
Desktop Platform (Mac) help No
Web Platform help Yes
Active Trading Platform help Just2Trade+
Auto Investing help No
Charting - Display Corporate Events help No
Charting - Drawing Tools help 11
Charting - Notes help Yes
Heat Mapping help No
Ladder Trading help No
Level 2 Quotes - Stocks help No
Level 2 Quotes - Options help No
Option Chains - Streaming Real-time help No
Option Analysis - P&L Charts help Yes
Stock Alerts Delivery - Email help No
Stock Alerts Delivery - Sound help No
Stock Alerts Delivery - Text SMS help No
Streaming Time & Sales help No
Streaming TV help No
Trade Hot Keys help No
Virtual Trading help Yes
Watch Lists - Streaming Real-time Quotes help No


Research - ETFs help No
Research - Mutual Funds help No
Research - Pink Sheets / OTCBB help No
Research - Fixed Income help No
Equity Research - Research Reports help 0
ETF Research - Top 10 Holdings help No
ETF Research - Morningstar Style Box help No
ETF Research - Research Reports help No
Mutual Fund Research - Research Reports help No
Mutual Fund Research - Fees Breakdown help No
Mutual Fund Research - Performance Analysis help No
Mutual Fund Research - Top 10 Holdings help No
Screener - Stocks help No
Screener - ETFs help No
Screener - Mutual Funds help No
Screener - Options help No
Screener - Bonds help No


Has Education - Stocks help No
Has Education - ETFs help No
Has Education - Options help No
Has Education - Mutual Funds help No
Has Education - Fixed Income help No
Has Education - Retirement help No
Investor Dictionary help No
Client Webinars help Yes
Live Seminars help No
Videos help No
Retirement Calculator help No
Community Forums help No

Mobile Trading

iPhone App help Yes
iPad App help No
Apple Watch App help No
Android App help Yes
Android Tablet App help No
Mobile Site help Yes
Quotes (Real-time) help Yes
Quotes (Streaming Real-time) help No
Watch List Syncing help No
Market Movers (Top Gainers) help No
Stock Alerts Delivery - Push Notifications help No
Customizable Homescreen help No
Stream Live TV help No
Trading - Stocks help Yes
Trading - After-Hours help No
Trading - Simple Options help Yes
Trading - Complex Options help No


Member FDIC help No
Checking Accounts help No
Savings Accounts help No
Debit Cards help No
Credit Cards help No
Mortgage Loans help No
Mobile Check Deposit help No
ATM Fee Reimbursement help No
No Fee Banking help No
Retail Locations help 0

Active Trading

Receives Payment for Order Flow (Equities) help Yes
Client Liquidity Rebates help No
Financial Information Forum (FIF) Participant help No

Compare Just2Trade

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All pricing data was obtained from a published web site as of 2/16/2016 and is believed to be accurate, but is not guaranteed. The staff is constantly working with its online broker representatives to obtain the latest pricing data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page. For stock trade rates, advertised pricing is for a standard order size of 500 shares of stock priced at $30 per share. For options orders, an options regulatory fee per contract may apply.

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