Using data from the StockBrokers.com 2017 Broker Review which tested 16 different online brokers
over six months, we can compare Just2Trade vs Scottrade 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. Scottrade charges more than Just2Trade for placing regular stock trades ($6.95 and $2.50, respectively). For options trading, Scottrade has a base fee of $6.95, and Just2Trade a base fee of $2.50. Option contracts are pricier at Scottrade, costing $0.70 versus $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. Scottrade supports Stock Trading, Options Trading and Mutual Funds while Just2Trade supports Stock Trading, Options Trading, Mutual Funds and Futures Trading. As far as mutual funds go, Just2Trade trails Scottrade by 10,599 total mutual funds, with Scottrade offering 13599 and Just2Trade offering 3000. And, commission free ETFs deserve a comparison, which for investors means access to 0 commission free ETFs at both brokers.
Finally, by comparing the each broker's website and platform features, we can surface interesting differences. Both Just2Trade and Scottrade offer virtual trading. For mobile trading, Just2Trade offer clients access to an iPhone App and Android App while Scottrade has an iPhone App, iPad App and Android App. Online banking is also used by many customers, and multiple full-service brokerages provide these services. Checking Accounts, Savings Accounts and Debit Cards are available to clients of Scottrade while Just2Trade offers customers none of these. All factors considered, when it comes to platform tools, research, and mobile trading, neither Just2Trade nor Scottrade were rated Best in Class - Platforms & Tools, Best in Class - Research and Best in Class - Mobile Trading.
Overall, Scottrade takes the upper hand with 4.00 stars over Just2Trade's 2.50 stars.