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Is ChoiceTrade better than Chase You Invest Trade? After scoring brokers in nine separate categories for our 2019 review, ChoiceTrade (45.72%) is better than Chase You Invest Trade (35.77%). ChoiceTrade provides investors deeply discounted stock trades but offers a terrible all-around customer experience not worth the lower price to trade.
Using data from our latest annual broker review which tested more than a dozen different online brokers over six months, we can compare Chase You Invest Trade vs ChoiceTrade to determine which broker is best. Let's dive in.
First, we will break down the commission charges of both brokers for placing stock and options trades. Chase You Invest Trade charges $2.95 per stock trade which is $2.95 more than ChoiceTrade which charges customers $0 per trade. With options, the base fees charged are $5 (ChoiceTrade) and $N/A (Chase You Invest Trade). ChoiceTrade's per contract rate of $0.15 is less than Chase You Invest Trade which charges $N/A. Instead of flat rate fees, several brokers charge a per-share fee instead. For a complete review of trading charges, read our full online broker reviews.
Next, investors want to make sure they can trade the investment vehicle they want. ChoiceTrade supports Stock Trading and Options Trading while Chase You Invest Trade supports Stock Trading and Mutual Funds. As far as mutual funds go, ChoiceTrade trails Chase You Invest Trade by 2,700 total mutual funds, with Chase You Invest Trade offering 2700 and ChoiceTrade offering 0.
Finally, by comparing the each broker's website and platform features, we can surface interesting differences. ChoiceTrade has virtual trading, Chase You Invest Trade doesn't. For mobile trading, Chase You Invest Trade along with ChoiceTrade both support the iPhone App and Android App. Online banking is also used by many customers, and multiple full-service brokerages provide these services. Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans are available to clients of Chase You Invest Trade while ChoiceTrade offers customers none of these.
Overall, between Chase You Invest Trade and ChoiceTrade, ChoiceTrade is the winner.
All pricing data was obtained from a published web site as of 02/18/2019 and is believed to be accurate, but is not guaranteed. The StockBrokers.com 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.
*INVESTMENT PRODUCTS: NOT A DEPOSIT · NOT FDIC INSURED · NO BANK GUARANTEE · MAY LOSE VALUE