TD Ameritrade vs E*TRADE Comparison
Comparing brokers side by side is no easy task. For our 2023 annual broker review, we spent hundreds of hours assessing 17 brokerages to find the best online broker. Let's compare TD Ameritrade vs E*TRADE.
Is TD Ameritrade or E*TRADE better for beginners?
TD Ameritrade offers more comprehensive new investor education for beginner investors than E*TRADE. Both TD Ameritrade and E*TRADE offer Paper Trading, Videos, Education (Stocks), Education (ETFs), Education (Options), Education (Mutual Funds), Education (Bonds) and Education (Retirement).
What about TD Ameritrade vs E*TRADE pricing?
TD Ameritrade and E*TRADE charge the same amount for regular stock trades, $0.00. TD Ameritrade and E*TRADE both charge $0.65 per option contract. For a complete commissions summary, see our best brokers for free stock trading guide.
Does TD Ameritrade or E*TRADE offer a wider range of investment options?
TD Ameritrade offers investors access to Stock Trading, Options Trading, OTCBB / Pink Sheets, Mutual Funds, Futures Trading, Forex Trading and Advisor Services, while E*TRADE offers investors access to Stock Trading, Options Trading, OTCBB / Pink Sheets, Mutual Funds, Futures Trading and Advisor Services, neither have Fractional Shares. Looking at Mutual Funds, TD Ameritrade trails E*TRADE in its offering of no transaction fee (NTF) mutual funds, with E*TRADE offering 4377 and TD Ameritrade offering 3610.
Which trading platform is better: TD Ameritrade or E*TRADE?
To compare the trading platforms of TD Ameritrade and E*TRADE, 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.
Is TD Ameritrade good?
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 one of our top overall brokers in 2023, in which it placed among Best in Class in several categories including options trading and best for beginners.
Is E*TRADE good?
E*TRADE is a top-performing broker whose highlights include $0 trades, two excellent mobile apps and the Power E*TRADE platform. Crypto, however, is not available.
TD Ameritrade vs E*TRADE Winner
Overall winner: TD Ameritrade
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