StockBrokers.com is committed to the highest ethical standards and reviews services independently. Advertiser Disclosure

TD Ameritrade vs E*TRADE 2021

Is E*TRADE better than TD Ameritrade? After testing 11 of the best online brokers over three months, TD Ameritrade (100%) is better than E*TRADE (94.28%). TD Ameritrade delivers $0 trades, fantastic trading platforms, excellent market research, industry-leading education for beginners, and reliable customer service. This outstanding all-around experience makes TD Ameritrade our top overall broker in 2021.


EXCLUSIVE OFFER Get up to $375 and trade commission-free with TD Ameritrade.
LIMITED TIME OFFER Open and fund an E*TRADE account & get $600 or more w/ code: BONUS21
Open Account > Open Account >

Overall Rating

Feature TD Ameritrade E*TRADE
Overall 5 4.5
Commissions & Fees 4.5 4.5
Offering of Investments 5 5
Platforms & Tools 5 4
Mobile Trading 5 5
Research 5 4.5
Education 5 4
Ease of Use 5 5
TD Ameritrade Review E*TRADE Review
Winner check_circle

Trading Fees

Feature TD Ameritrade E*TRADE
Minimum Deposit $0.00 $0.00
Stock Trades $0.00 $0.00
ETF Trade Fee $0.00 $0.00
Mutual Fund Trade Fee $49.99 $19.99
Options (Base Fee) $0.00 $0.00
Options (Per Contract) $0.65 $0.65
Futures (Per Contract) $2.25 $1.50
Broker Assisted Trades Fee $44.99 $25.00

Margin Rates

Feature TD Ameritrade E*TRADE
Under $24,999.99 9.50% 8.95%
$25,000.00 to $49,999.99 9.00% 8.45%
$50,000.00 to $99,999.99 8.00% 7.95%
$100,000.00 to $249,999.99 7.75% 7.45%
$250,000.00 to $499,999.99 7.50% 6.95%
$500,000.00 to $999,999.99 N/A 6.45%
Above $1,000,000.00 N/A 5.45%

Account Fees

Feature TD Ameritrade E*TRADE
IRA Annual Fee $0.00 $0.00
IRA Closure Fee $0.00 $60.00
Account Transfer Out (Partial) $0.00 $25.00
Account Transfer Out (Full) $75.00 $75.00
Returned ACH Fee $25.00 $0.00
Returned Wire Fee $25.00 $0.00
Stock Certificate Processing Fee $0.00 $0.00
Stock Certificate Delivery Fee $500.00 $75.00
Paper Statement Fee $0.00 $2.00
Paper Confirmation Fee $0.00 $0.00
Domestic Wire Fee $25.00 $25.00
International Wire Fee $25.00 $25.00

Investment Options

Feature TD Ameritrade E*TRADE
Stock Trading
Yes Yes
Fractional Shares
No No
OTCBB / Pink Sheets
Yes Yes
Options Trading
Yes Yes
Complex Options Max Legs
4 4
Futures Trading
Yes Yes
Forex Trading
Yes No
Crypto Trading No No
Mutual Funds (No Load)
8097 6584
Mutual Funds (Total)
12330 9087
Bonds (US Treasury)
Yes Yes
Bonds (Corporate)
Yes Yes
Bonds (Municipal)
Yes Yes
Advisor Services
Yes Yes
International Trading
Yes No
AI Assistant Bot
Yes No

Order Types

Feature TD Ameritrade E*TRADE
Order Type - Market
Yes Yes
Order Type - Limit
Yes Yes
Order Type - Stop
Yes Yes
Order Type - Trailing Stop
Yes Yes
Order Type - Contingent
Yes Yes
Order Type - MultiContingent
Yes No
Order Type - OCO
Yes Yes
Order Type - OTO
Yes Yes
Order Type - OTOCO
Yes Yes

Customer Service

Feature TD Ameritrade E*TRADE
Phone Support (Prospect Customers)
Yes Yes
Phone Support (Current Customers)
Yes Yes
Email Support
Yes Yes
Live Chat (Prospect Customers)
Yes Yes
Live Chat (Current Customers)
Yes Yes
24/7 Support
Yes Yes

Trading Platforms

Feature TD Ameritrade E*TRADE
Desktop Platform (Windows)
Yes No
Desktop Platform (Mac)
Yes No
Web Platform
Yes Yes
Paper Trading
Yes Yes
Trade Journal
Yes No
Heat Mapping
Yes No
Watch Lists - Total Fields
514 95

Charting Features

Feature TD Ameritrade E*TRADE
Charting - Trade Off Chart
Yes Yes
Charting - Indicators / Studies
489 119
Charting - Drawing Tools
22 31
Charting - Historical Trades
Yes Yes
Charting - Corporate Events
Yes Yes
Charting - Automated Analysis
Yes Yes
Charting - Save Profiles
Yes Yes
Trade Ideas - Technical Analysis
Yes Yes
Charting - Study Customizations
9 6
Charting - Custom Studies
Yes No

Day Trading

Feature TD Ameritrade E*TRADE
Stock Alerts - Basic Fields
Yes Yes
Stock Alerts - Advanced Fields
Yes No
Streaming Time & Sales
Yes Yes
Streaming TV
Yes Yes
Direct Market Routing - Stocks
Yes Yes
Direct Market Routing - Options
Yes Yes
Ladder Trading
Yes No
Trade Hot Keys
Yes Yes
Level 2 Quotes - Stocks
Yes Yes
Level 2 Quotes - Options
Yes Yes
Trade Ideas - Backtesting
Yes No
Short Locator
No No
Order Liquidity Rebates
No No

Mobile Trading Apps

Feature TD Ameritrade E*TRADE
iPhone App
Yes Yes
Android App
Yes Yes
Apple Watch App
Yes Yes
Trading - Stocks
Yes Yes
Trading - After-Hours
Yes Yes
Trading - Conditional Orders
Yes Yes
Trading - Mutual Funds
No Yes
Trading - Simple Options
Yes Yes
Trading - Complex Options
Yes Yes
Trading - Option Rolling
Yes No
Touch / Face ID
Yes Yes

Mobile App Features

Feature TD Ameritrade E*TRADE
Watch List Syncing
Yes Yes
Stock Alerts
Yes Yes
Charting - After Hours
Yes Yes
Charting - Drawing
Yes No
Charting - Study Customizations
Yes Yes
Heatmapping
No No
Stream Live TV
Yes Yes
Barcode Lookup
Yes Yes

Research Overview

Feature TD Ameritrade E*TRADE
Research - Stocks
Yes Yes
Research - ETFs
Yes Yes
Research - Mutual Funds
Yes Yes
Research - Pink Sheets / OTCBB
Yes Yes
Research - Fixed Income
Yes Yes
Screener - Stocks
Yes Yes
Screener - ETFs
Yes Yes
Screener - Mutual Funds
Yes Yes
Screener - Options
Yes Yes
Screener - Bonds
Yes Yes
Misc - Portfolio Builder
Yes Yes
Misc - Portfolio Allocation
Yes Yes

Stock Research

Feature TD Ameritrade E*TRADE
Stock Research - Reports
7 5
Stock Research - Earnings
Yes Yes
Stock Research - Insiders
Yes Yes
Stock Research - Metric Comp
Yes No
Stock Research - SEC Filings
Yes Yes
Stock Research - Social
Yes Yes
Stock Research - Balance Sheet
Yes Yes
Stock Research - Cash Flows
Yes Yes
Stock Research - News
Yes Yes
Stock Research - ESG
No No

ETF Research

Feature TD Ameritrade E*TRADE
ETFs - Strategy Overview
Yes Yes
ETFs - Top 10 Holdings
Yes Yes
ETFs - Sector Exposure
Yes Yes
ETFs - Risk Analysis
Yes Yes
ETFs - Performance Analysis
Yes Yes
ETFs - Ratings
Yes Yes
ETFs - Morningstar StyleMap
Yes Yes
ETFs - Reports
Yes Yes

Mutual Fund Research

Feature TD Ameritrade E*TRADE
Mutual Funds - Strategy Overview
Yes Yes
Mutual Funds - Prospectus
Yes Yes
Mutual Funds - Reports
Yes Yes
Mutual Funds - Fees Breakdown
Yes Yes
Mutual Funds - Top 10 Holdings
Yes Yes
Mutual Funds - Asset Allocation
Yes Yes
Mutual Funds - Sector Allocation
Yes Yes
Mutual Funds - Country Allocation
No Yes
Mutual Funds - StyleMap
Yes Yes
Mutual Funds - 3rd Party Ratings
Yes Yes

Options Trading

Feature TD Ameritrade E*TRADE
Option Chains - Streaming
Yes Yes
Option Chains - Total Columns
35 30
Option Chains - Greeks
5 5
Option Chains - Quick Analysis
Yes Yes
Option Analysis - P&L Charts
Yes Yes
Option Probability Analysis
Yes Yes
Option Probability Analysis Adv
Yes Yes
Option Positions - Greeks
Yes Yes
Option Positions - Adv Analysis
Yes Yes
Option Positions - Rolling
Yes Yes
Option Positions - Grouping
Yes Yes

Beginners

Feature TD Ameritrade E*TRADE
Education (Stocks)
Yes Yes
Education (ETFs)
Yes Yes
Education (Options)
Yes Yes
Education (Mutual Funds)
Yes Yes
Education (Fixed Income)
Yes Yes
Education (Retirement)
Yes Yes
Paper Trading
Yes Yes
Videos
Yes Yes
Webinars (Monthly Avg)
500 25
Webinars (Archived)
Yes Yes
Live Seminars
Yes Yes
Progress Tracking
Yes No
Interactive Learning - Quizzes
Yes Yes

Banking

Feature TD Ameritrade E*TRADE
Retail Locations
261 30
Member FDIC
No Yes
Checking Accounts
Yes Yes
Savings Accounts
No Yes
Credit Cards
Yes Yes
Debit Cards
Yes Yes
Mortgage Loans
No Yes
No Fee Banking
Yes No

Overall

Feature TD Ameritrade E*TRADE
Overall 5 4.5
Commissions & Fees 4.5 4.5
Offering of Investments 5 5
Platforms & Tools 5 4
Mobile Trading 5 5
Research 5 4.5
Education 5 4
Ease of Use 5 5
TD Ameritrade Review E*TRADE Review
Winner check_circle

Comparing brokers side by side is no easy task. For our 2021 annual broker review, we spent hundreds of hours assessing 11 brokerages to find the best online broker. Let's compare E*TRADE vs TD Ameritrade.

Is E*TRADE or TD Ameritrade better for beginners?
TD Ameritrade is better for beginner investors than E*TRADE. TD Ameritrade offers investors access to Paper Trading, Videos, Education (Stocks), Education (ETFs), Education (Options), Education (Mutual Funds), Education (Fixed Income) and Education (Retirement).

What about E*TRADE vs TD Ameritrade pricing?
E*TRADE and TD Ameritrade charge the same amount for regular stock trades, $0. For options trading, both E*TRADE and TD Ameritrade charge the same base fee of $0. Option contracts run $0.65 a piece at both brokerages. For a complete commissions summary, see our best discount brokers guide.

Does E*TRADE or TD Ameritrade offer a wider range of investment options?
TD Ameritrade offers a more diverse selection of investment options than E*TRADE. TD Ameritrade offers investors access to Stock Trading, OTCBB / Pink Sheets, Options Trading, Mutual Funds, Futures Trading, Forex Trading, Advisor Services and International Trading. Looking at Mutual Funds, E*TRADE trails TD Ameritrade by 3,243 total mutual funds, with TD Ameritrade offering 12330 and E*TRADE offering 9087.

Which trading platform is better: E*TRADE or TD Ameritrade?
To compare the trading platforms of both E*TRADE and TD Ameritrade, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, TD Ameritrade offers a better experience. With research, TD Ameritrade offers superior market research. Finally, we found E*TRADE to provide better mobile trading apps.

Does either broker offer banking?
Online banking can be a benefit for investors, and some brokerages do provide banking services to customers. Checking Accounts, Debit Cards and Credit Cards are offered by TD Ameritrade while E*TRADE offers Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans.

Overall winner: TD Ameritrade

Read Next: Best Online Brokers 2021

Related Comparisons

All pricing data was obtained from a published web site as of 01/19/2021 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.

TD Ameritrade, Inc. and StockBrokers.com are separate, unaffiliated companies and are not responsible for each other’s services and products. View terms.

arrow_drop_upBack to top