The StockBrokers.com annual broker review assesses more than a dozen different brokers over six months, surfacing the best online stock brokers
. This review compares E*TRADE vs Just2Trade. Is E*TRADE or Just2Trade a better online broker?
First, we will make a comparison of the stock and option trading fees for trading with both brokers. E*TRADE, with its regular stock trades costing $6.95, is more expensive than Just2Trade's rate of $2.50 per trade. With options, the base fees charged are $6.95 (E*TRADE) and $2.50 (Just2Trade). Just2Trade's per contract rate of $0.50 is less than E*TRADE which charges $0.75. Note that some brokers charge a per-share fee instead of a flat-fee commission. For a full breakdown of commissions, read our online broker reviews
For our next comparison of these two brokers, being able to trade the way you want is a must. E*TRADE alongside Just2Trade offer clients Stock Trading, Options Trading, Mutual Funds and Futures Trading. When it comes to mutual funds, Just2Trade trails E*TRADE by 5,998 total mutual funds, with E*TRADE offering 8998 and Just2Trade offering 3000. Commission free ETFs can also be a nice plus, E*TRADE offers 156 commission free ETFs versus Just2Trade's total of 0.
Last but not least, by breaking down important features, tools, etc that each broker offers, we can really help to separate the two. Just2Trade makes virtual trading available to clients, while E*TRADE does not. For mobile trading, Just2Trade offers the iPhone App and Android App while E*TRADE offers the iPhone App, iPad App and Android App. Furthermore, some investors like to bank online, and multiple 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 finished with awards Best in Class - Research and Best in Class - Mobile Trading, while Just2Trade came up with none of these.
Overall, E*TRADE comes out on top with 4.00 stars over Just2Trade's 2.50 stars.