Comparing brokers side by side is no easy task. For our annual broker review, we assess over a dozen brokers on hundreds of different variables to find the best online broker
. Yielding a database of over 4,000 data points, let's compare Chase You Invest Trade vs E*TRADE.
To start this comparison, first, we will take a look at the online broker commission rates for placing regular stock and options trades. E*TRADE charges more than Chase You Invest Trade for placing regular stock trades ($6.95 and $2.95, respectively). With options, the base fees charged are $N/A (Chase You Invest Trade) and $6.95 (E*TRADE). Each option contract then costs $N/A at Chase You Invest Trade and $0.75 at E*TRADE. It's important to note that not all brokers charge a flat fee per trade. Thus, it is important to read the full commission notes for each broker, which we include with each online broker review
Next to commission rates, being able to trade what you want is important. Chase You Invest Trade supports Stock Trading and Mutual Funds while E*TRADE supports Stock Trading, Options Trading, Mutual Funds and Futures Trading. Looking at mutual funds, Chase You Invest Trade trails E*TRADE by 6,362 total mutual funds, with E*TRADE offering 9062 and Chase You Invest Trade offering 2700.
Trading access aside, by comparing popular features and functionality, we can break down relevant differences between both brokers. Chase You Invest Trade nor E*TRADE offers virtual trading. Taking a look at mobile trading, Chase You Invest Trade offers the iPhone App and Android App while E*TRADE offers the iPhone App, iPad App and Android App. Not to be left out, online banking is also a nice benefit for many investors, and some brokerages provide these services to clients. Checking Accounts, Savings Accounts and Debit Cards are offered by E*TRADE while Chase You Invest Trade offers Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans.
Overall, between Chase You Invest Trade and E*TRADE, E*TRADE is the winner
Chase You Invest Trade Review