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E*TRADE vs Vanguard 2022

StockBrokers.com

Written by StockBrokers.com

November 02, 2022

Is E*TRADE better than Vanguard? After testing 15 of the best online brokers over six months, E*TRADE (92.52%) is better than Vanguard (62.82%). Founded in 1982 as one of the first online brokerages in the United States, E*TRADE highlights include $0 trades, two excellent mobile apps and the Power E*TRADE platform, which is great for beginners, active trading and options trading.

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Overall RatingE*TRADEVanguard
Overall5 Stars3.5 Stars
Commissions & Fees4.5 Stars4.5 Stars
Investment Options5 Stars4.5 Stars
Platforms & Tools4.5 Stars1.5 Stars
Mobile Trading Apps5 Stars3 Stars
Research4.5 Stars2.5 Stars
Customer Service4.5 Stars3 Stars
Education4.5 Stars2.5 Stars
Ease Of Use5 Stars4.5 Stars
Winnercheck_circle
ReviewE*TRADE ReviewVanguard Review
Trading FeesE*TRADEVanguard
Minimum Deposit$0.00$0.00
Stock Trades$0.00$0.00
Penny Stock Fees (OTCCB)$6.95$0.00
Mutual Fund Trade Fee$19.99Varies
Options (Base Fee)$0.00$0.00
Options (Per Contract)$0.65$1.00
Futures (Per Contract)$1.50N/A
Broker Assisted Trade Fee$2525
Margin RatesE*TRADEVanguard
Margin Rate Under $24,999.9911.95%8.50%
Margin Rate $25,000.00 to $49,999.9911.45%11.50%
Margin Rate $50,000.00 to $99,999.9910.95%10.50%
Margin Rate $100,000.00 to $249,999.9910.45%10.00%
Margin Rate $250,000.00 to $499,999.999.95%9.50%
Margin Rate $500,000.00 to $999,999.999.45%8.25%
Margin Rate Above $1,000,000.008.45%N/A
Account FeesE*TRADEVanguard
IRA Annual Fee$0.00$20.00
IRA Closure Fee$0.00$0.00
Account Transfer Out (Partial)$25.00$0.00
Account Transfer Out (Full)$75.00$0.00
Options Exercise Fee$0.00$0.00
Options Assignment Fee$0.00$0.00
Investment OptionsE*TRADEVanguard
Stock TradingYesYes
Margin TradingYesYes
Fractional SharesNoNo
OTCBB / Pink SheetsYesYes
Options TradingYesYes
Complex Options Max Legs44
Futures TradingYesNo
Forex TradingNoNo
Crypto TradingNoNo
Crypto Trading - Total Coins00
Mutual Funds (No Load)64860
Mutual Funds (Total)724210000
Bonds (US Treasury)YesYes
Bonds (Corporate)YesYes
Bonds (Municipal)YesYes
Advisor ServicesYesYes
International Countries (Stocks)00
Order TypesE*TRADEVanguard
Order Type - MarketYesYes
Order Type - LimitYesYes
Order Type - After HoursYesYes
Order Type - StopYesYes
Order Type - Trailing StopYesNo
Order Type - OCOYesNo
Order Type - OTOYesNo
Order Type - Broker AssistedYesYes
BeginnersE*TRADEVanguard
Education (Stocks)YesYes
Education (ETFs)YesNo
Education (Options)YesNo
Education (Mutual Funds)YesNo
Education (Bonds)YesNo
Education (Retirement)YesYes
Retirement CalculatorYesYes
Investor DictionaryYesNo
Paper TradingYesNo
VideosYesNo
WebinarsYesNo
Webinars (Archived)YesNo
Progress TrackingNoNo
Interactive Learning - QuizzesYesNo
Stock Trading AppsE*TRADEVanguard
iPhone AppYesYes
Android AppYesYes
Apple Watch AppYesNo
Trading - StocksYesNo
Trading - After-HoursYesNo
Trading - Simple OptionsYesNo
Trading - Complex OptionsYesNo
Order Ticket RT QuotesYesNo
Order Ticket SRT QuotesYesNo
Stock App FeaturesE*TRADEVanguard
Market Movers (Top Gainers)YesNo
Stream Live TVYesNo
Videos on DemandNoNo
Stock AlertsYesNo
Option Chains ViewableYesNo
Watch List (Real-time)YesNo
Watch List (Streaming)YesNo
Watch Lists - Create & ManageYesNo
Watch Lists - Column CustomizationYesNo
Watch Lists - Total Fields959
Stock App ChartingE*TRADEVanguard
Charting - After-HoursYesNo
Charting - Can Turn HorizontallyYesNo
Charting - Multiple Time FramesYesNo
Charting - Technical Studies100
Charting - Study CustomizationsYesNo
Charting - Stock ComparisonsYesNo
Trading PlatformsE*TRADEVanguard
Active Trading PlatformPower E*TRADEN/A
Desktop Trading PlatformNoNo
Desktop Platform (Mac)NoNo
Web Trading PlatformYesYes
Paper TradingYesNo
Trade JournalNoNo
Watch Lists - Total Fields959
Stock Chart FeaturesE*TRADEVanguard
Charting - Adjust Trades on ChartYesNo
Charting - Indicators / Studies1199
Charting - Drawing Tools310
Charting - NotesYesNo
Charting - Index OverlaysYesYes
Charting - Historical TradesYesNo
Charting - Corporate EventsYesYes
Charting - Custom Date RangeYesNo
Charting - Custom Time BarsNoNo
Charting - Automated AnalysisYesNo
Charting - Save ProfilesYesNo
Trade Ideas - Technical AnalysisYesNo
Charting - Study Customizations61
Charting - Custom StudiesNoNo
Day TradingE*TRADEVanguard
Streaming Time & SalesYesNo
Streaming TVYesNo
Direct Market Routing - StocksYesNo
Ladder TradingNoNo
Trade Hot KeysYesNo
Level 2 Quotes - StocksYesNo
Trade Ideas - BacktestingNoNo
Trade Ideas - Backtesting AdvNoNo
Short LocatorNoNo
Order Liquidity RebatesNoNo
Research OverviewE*TRADEVanguard
Research - StocksYesYes
Research - ETFsYesYes
Research - Mutual FundsYesYes
Research - Pink Sheets / OTCBBYesNo
Research - BondsYesNo
Screener - StocksYesYes
Screener - ETFsYesNo
Screener - Mutual FundsYesYes
Screener - BondsYesNo
Misc - Portfolio AllocationYesYes
Stock ResearchE*TRADEVanguard
Stock Research - PDF Reports62
Stock Research - EarningsYesYes
Stock Research - InsidersYesNo
Stock Research - SocialYesNo
Stock Research - NewsYesYes
Stock Research - ESGNoNo
Stock Research - SEC FilingsYesNo
ETF ResearchE*TRADEVanguard
ETFs - Strategy OverviewYesNo
ETF Fund Facts - Inception DateYesNo
ETF Fund Facts - Expense RatioYesNo
ETF Fund Facts - Net AssetsYesNo
ETF Fund Facts - Total HoldingsYesNo
ETFs - Top 10 HoldingsYesNo
ETFs - Sector ExposureYesNo
ETFs - Risk AnalysisYesNo
ETFs - RatingsYesNo
ETFs - Morningstar StyleMapYesNo
ETFs - PDF ReportsYesNo
Mutual Fund ResearchE*TRADEVanguard
Mutual Funds - Strategy OverviewYesYes
Mutual Funds - Performance ChartNoYes
Mutual Funds - Performance AnalysisYesYes
Mutual Funds - ProspectusYesYes
Mutual Funds - 3rd Party RatingsYesNo
Mutual Funds - Fees BreakdownYesYes
Mutual Funds - Top 10 HoldingsYesYes
Mutual Funds - Asset AllocationYesNo
Mutual Funds - Sector AllocationYesYes
Mutual Funds - Country AllocationYesNo
Mutual Funds - StyleMapYesYes
Options TradingE*TRADEVanguard
Option Chains - Basic ViewYesYes
Option Chains - Strategy ViewYesNo
Option Chains - StreamingYesNo
Option Chains - Total Columns319
Option Chains - Greeks50
Option Chains - Quick AnalysisYesNo
Option Analysis - P&L ChartsYesNo
Option Probability AnalysisYesNo
Option Probability Analysis AdvYesNo
Option Positions - GreeksYesNo
Option Positions - Greeks StreamingYesNo
Option Positions - Adv AnalysisYesNo
Option Positions - RollingYesNo
Option Positions - GroupingYesNo
BankingE*TRADEVanguard
Bank (Member FDIC)YesNo
Checking AccountsYesNo
Savings AccountsYesNo
Credit CardsYesNo
Debit CardsYesNo
Mortgage LoansYesNo
Customer ServiceE*TRADEVanguard
Phone Support (Prospect Customers)YesYes
Phone Support (Current Customers)YesYes
Email SupportYesYes
Live Chat (Prospect Customers)NoNo
Live Chat (Current Customers)YesNo
24/7 SupportYesNo
OverallE*TRADEVanguard
Overall5 Stars3.5 Stars
Commissions & Fees4.5 Stars4.5 Stars
Investment Options5 Stars4.5 Stars
Platforms & Tools4.5 Stars1.5 Stars
Mobile Trading Apps5 Stars3 Stars
Research4.5 Stars2.5 Stars
Education4.5 Stars2.5 Stars
Ease Of Use5 Stars4.5 Stars
Winnercheck_circle
ReviewE*TRADE ReviewVanguard Review
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E*TRADE vs Vanguard Comparison

Comparing brokers side by side is no easy task. For our 2022 annual broker review, we spent hundreds of hours assessing 15 brokerages to find the best online broker. Let's compare E*TRADE vs Vanguard.

Is E*TRADE or Vanguard better for beginners?

E*TRADE offers more comprehensive new investor education for beginner investors than Vanguard. E*TRADE offers investors access to Paper Trading, Videos, Education (Stocks), Education (ETFs), Education (Options), Education (Mutual Funds), Education (Bonds) and Education (Retirement), while Vanguard offers investors access to Education (Stocks) and Education (Retirement).

What about E*TRADE vs Vanguard pricing?

E*TRADE and Vanguard charge the same amount for regular stock trades, $0.00. Option contracts are pricier at Vanguard, costing $1.00 per contract versus $0.65 per contract at E*TRADE. For a complete commissions summary, see our best brokers for free stock trading guide.

Does E*TRADE or Vanguard offer a wider range of investment options?

E*TRADE offers investors access to Stock Trading, Options Trading, OTCBB / Pink Sheets, Mutual Funds, Futures Trading and Advisor Services, while Vanguard offers investors access to Stock Trading, Options Trading, OTCBB / Pink Sheets, Mutual Funds and Advisor Services, neither have Fractional Shares and Forex Trading. Looking at Mutual Funds, Vanguard trails E*TRADE in its offering of no transaction fee (NTF) mutual funds, with E*TRADE offering 4377 and Vanguard offering 272.

Which trading platform is better: E*TRADE or Vanguard?

To compare the trading platforms of E*TRADE and Vanguard, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, E*TRADE offers a better experience. With research, E*TRADE 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, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans are offered by E*TRADE while Vanguard offers neither of these.

Is E*TRADE good?

Founded in 1982 as one of the first online brokerages in the United States, E*TRADE highlights include $0 trades, two excellent mobile apps and the Power E*TRADE platform, which is great for beginners, active trading and options trading.

Is Vanguard good?

Vanguard, known for its low-cost funds, is aimed squarely at buy-and-hold investors and its platform reflects that focus.

E*TRADE vs Vanguard Winner

Overall winner: E*TRADE

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