Search Brokers +

Broker Reviews


Published by
On Tuesday, February 24th, 2015 .


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.


Poor email support; basic site design; clear corner-cutting on tools and research implementation; leaves clients wanting more.

Just2Trade Review

IMPORTANT NOTICE: As of April 11, 2013 Just2Trade has been issued a temporary cease-and-desist order from FINRA. Learn more.

NOTE: Just2Trade elected not to participate in our 2015 Online Broker Review. As a result, the below review copy is from the 2014 Review that was published on February 18th, 2014.

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.


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 has been involved in the markets for over 12 years, heading equity broker research and reviews. His personal blog,, provides to-the-point daily market recaps to over 17,000 subscribers.

Commission Notes

Just2Trade commissions structure details below:

Stock Trades - $2.50 when using the Just2Trade Platform. Supports most trade types (market, limit, stop, trailing, contingent). 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, applicable only to new accounts opened after November 12, 2013).

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

Mutual Funds - Several thousand mutual funds are supported with over 2,900 being no load funds.

International Trading - International Trading not currently offered.

Retirement Accounts - Just2Trade charges $35 per year for IRAs which waived for accounts with over $25,000 in assets. A $75 fee is charged to close.

Other Investments - Just2Trade does not support futures and forex.

Trade Commissions Breakdown

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

Margin Rates

6.50% Under $24,999.99
6.00% $25,000.00 to 49,999.99
5.50% $50,000.00 to $99,999.99
4.75% $100,000.00 to $249,999.99
4.75% $250,000.00 to $499,999.99
4.50% $500,000.00 to $999,999.99
4.25% Above $1,000,000.00

Miscellaneous Fees

$2.50 Bond Trade Fee
$0.00 Treasury Trade Fee
$0.00 CD Trade Fee
$0.00 IVR Trade Fee
$35.00 IRA Annual Fee
$50.00 IRA Closure FEe
$25.00 Forced Margin Sellout Fee
$50.00 Returned ACH Fee
$25.00 Returned Wire Fee
$125.00 Stock Certificate Processing Fee
$20.00 Stock Certificate Delivery Fee
$5.00 Paper Statement Fee
$0.00 Paper Confirmation Fee
$25.00 Domestic Wire Fee
$40.00 International Wire Fee

Just2Trade Ratings

Commissions & Fees
Customer Service
Platforms & Tools
Ease of Use
Offering of Investments
Mobile Trading

Just2Trade Awards


Just2Trade elected to not participate in the 2015 Online Broker Review.


Just2Trade was awarded Best in Class for Commissions & Fees. Read the 2014 Online Broker Review.


Just2Trade was rated 4.5 stars for Commissions & Fees. Read the 2013 Broker Review.

Offering of Investments

COR Clearing LLC Clearing Firm
0 Commission Free ETFs
Yes Corporate Bonds
Yes Direct Market Routing - Stocks
3300 # of Easy to Borrow Stocks
Forex Trading
Futures Trading
Yes No Fee IRAs
Mini Options
Yes Municipal Bonds
Yes Mutual Funds
100 Mutual Funds (Load)
3000 Mutual Funds (No Load)
2900 Mutual Funds (NTF)
3000 Mutual Funds (Total)
Yes No Inactivity Fees
No Minimum Deposit
Yes Options Trading
Yes Order Type - After Hours
Order Type - Algo
Yes Order Type - Broker Assisted
Yes OTCBB / Pink Sheets
0 Retail Locations
Yes Stock Trading
Yes US Treasury Bonds
Yes Weekly Options

Customer Service

Yes Phone Support
Yes Email Support
Yes Live Chat (prospect clients)
Yes Live Chat (current clients)
24/7 Support

Platforms & Tools

Desktop Platform
Mac Platform
Web Platform
NA Active Trading Platform
Auto Investing
Ladder Trading
Yes Level 2 Quotes - Stocks
Yes Option Chains - Basic View
Yes Option Chains - Strategy View
Option Analysis - P&L Charts
Yes Streaming Time & Sales
Streaming TV
Trade Hot Keys
Virtual Trading


Yes Research - ETFs
Research - Mutual Funds
Yes Research - Pink Sheets / OTCBB
Research - Fixed Income
Misc - Global Market Overview
Yes Equity Research - News
Yes Equity Research - Chart
Yes Equity Research - Option Chains
Equity Research - Balance Sheet
Equity Research - Cash Flows
Yes Equity Research - SEC Filings
Equity Research - Insider Analysis
4 Equity Research - Research Reports
ETF Research - Top 10 Holdings
ETF Research - Research Reports
Mutual Fund Research - Research Reports
Mutual Fund Research - Fees Breakdown
Mutual Fund Research - Performance Analysis
Mutual Fund Research - Performance Chart
Mutual Fund Research - Top 10 Holdings
Yes Screener - Stocks
Yes Screener - ETFs
Yes Screener - Mutual Funds
Screener - Options
Screener - Bonds


Has Education - Stocks
Has Education - ETFs
Has Education - Options
Has Education - Mutual Funds
Has Education - Bonds
Has Education - Retirement
Investor Dictionary
Client Webinars
Live Seminars
Retirement Calculator
Community Forums

Mobile Trading

iPhone App
iPad App
Android App
Android Tablet App
Mobile Site
Company Data
Company News
Watch List Syncing
Options Chains Viewable
Market Movers (Top Gainers)
Barcode Lookup
Charting - Multiple Time Frames
Charting - Can Turn Horizontally
Charting - Portfolio Perf vs Indices
Charting - Stock Comparisons
Trading - Stocks
Trading - Simple Options
Withdrawal Balance Available


Checking Accounts
Savings Accounts
Debit Cards
Credit Cards
Mortgage Loans
Mobile Check Deposit
ATM Fee Reimbursement
No Fee Banking

Active Trading

Internalizes Trades
Yes Receives Payment for Order Flow
Client Liquidity Rebates

Best in Class

Best in Class - Offering of Investments
Yes Best in Class - Commissions & Fees
Best in Class - Platforms & Tools
Best in Class - Research
Best in Class - Customer Service
Best in Class - Ease of Use
Best in Class - Investor Education
Best in Class - Mobile Trading
Best in Class - Active Trading
Best in Class - Options Trading
Best in Class - New Investors

Compare Just2Trade:

All pricing data was obtained from a published web site as of 11/01/2014 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 top 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. Square Logo