Comparing brokers side by side is no easy task. For our 2017 Broker Review, we assessed 16 brokers on 308 different variables to find the best online broker
. Yielding a database of over 5,000 data points, let's compare E*TRADE vs Just2Trade.
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 $6.95 per stock trade which is $4.45 more than Just2Trade which charges customers $2.50 per trade. Looking at trading options, Just2Trade's base fee is $2.50 while E*TRADE's is $6.95. Just2Trade's per contract rate of $0.50 is less than E*TRADE which charges $0.75. 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. E*TRADE and Just2Trade provide clients with Stock Trading, Options Trading, Mutual Funds and Futures Trading. Looking at mutual funds, Just2Trade trails E*TRADE by 5,652 total mutual funds, with E*TRADE offering 8652 and Just2Trade offering 3000. Commission free ETFs can also be valuable for customers, E*TRADE offers 133 commission free ETFs versus Just2Trade's total of 0.
Trading access aside, by comparing popular features and functionality, we can break down relevant differences between both brokers. Just2Trade has virtual trading, E*TRADE doesn't. Taking a look at mobile trading, Just2Trade offer clients access to an iPhone App and Android App while E*TRADE has an 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 and Debit Cards are available to clients of E*TRADE while Just2Trade offers customers none of these. On the whole, when it comes to tools, research, and mobile trading, E*TRADE posted awards Best in Class - Research and Best in Class - Mobile Trading in 2017, while Just2Trade found itself with none of these.
Overall, E*TRADE comes out on top with 4.00 stars over Just2Trade's 2.50 stars.