E*TRADE vs Chase You Invest Trade Review
The StockBrokers.com annual review (9 years running) takes six months to complete and produces over 30,000 words of research each year. Here's how we test.
Is Chase You Invest Trade better than E*TRADE? After scoring brokers on over 4,000 data points for our 2019 review, E*TRADE (83.68%) is better than Chase You Invest Trade (35.77%). While E*TRADE may not offer the cheapest trades, the Power E*TRADE platform is great for options trading, and the broker offers two great mobile apps.
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
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. 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