Using data from our latest annual broker review which tested more than a dozen different online brokers
over six months, we can compare E*TRADE vs Just2Trade 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. 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. Each option contract then costs $0.75 at E*TRADE and $0.50 at Just2Trade. 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. E*TRADE alongside Just2Trade offer clients Stock Trading, Options Trading, Mutual Funds and Futures Trading. As far as mutual funds go, E*TRADE offers its clients access to 8998 different mutual funds while Just2Trade has 3000 available funds, a difference of 5,998. And, commission free ETFs deserve a comparison, with Just2Trade falling behind E*TRADE, offering 0 commission free ETFs compared to E*TRADE's 270.
Finally, by comparing the each broker's website and platform features, we can surface interesting differences. Just2Trade offers virtual trading while E*TRADE does not. For mobile trading, Just2Trade supports the iPhone App and Android App while E*TRADE supports the iPhone App, iPad App and Android App. Online banking is also used by many customers, and multiple full-service brokerages provide these services. Clients can have Checking Accounts and Debit Cards at E*TRADE while customers at Just2Trade can have none of these. All factors considered, when it comes to platform tools, research, and mobile trading, E*TRADE posted awards Best in Class - Research and Best in Class - Mobile Trading in 2018, while Just2Trade found itself with none of these.
Overall, E*TRADE comes out on top with 4.50 stars over Just2Trade's 2.50 stars.