The StockBrokers.com 2017 Brokerage Review
compares Just2Trade vs Scottrade. Compare Just2Trade and Scottrade trade commissions, fees and overall broker ratings by using the table below. Is Just2Trade or Scottrade a better online broker?
Looking at both brokers, first we will take a look at the commission rates for both placing regular stock and options trades. Scottrade charges more than Just2Trade for placing regular stock trades ($6.95 and $2.50, respectively). Looking at trading options, Just2Trade's base fee is $2.50 while Scottrade's is $6.95. Contracts are pricier at Scottrade, costing $0.70 versus $0.50 at Just2Trade, a difference of $0.20 per contract. It should be noted that not every broker uses a flat rate stock trade fee structure, so it is important to read the full commission notes (head over to any online brokerage review
page, then navigate to the "Commission Notes" section).
Alongside trade commissions, being able to trade the way you want is a must. Scottrade offers clients Stock Trading, Options Trading and Mutual Funds while Just2Trade offers Stock Trading, Options Trading, Mutual Funds and Futures Trading. When it comes to mutual funds, Scottrade offers its clients access to 13599 different mutual funds while Just2Trade has 3000 available funds, a difference of 10,599.00. Commission free ETFs can also be a nice plus, which in this case means trading a possible 0 funds at both brokers.
Last but not least, by breaking down important features that each broker offers, we can really help to separate the two brokers. Just2Trade alongside Scottrade have virtual trading. For mobile trading, Just2Trade supports the iPhone App and Android App while Scottrade supports the iPhone App, iPad App and Android App. Furthermore, some investors like to bank online, and multiple brokerages provide these services to clients. Checking Accounts, Savings Accounts and Debit Cards are available to clients of Scottrade while Just2Trade offers clients none of these. On the whole, when it comes to tools, research, and trading on the go, Both Just2Trade and Scottrade found themselves without awards for Best in Class - Platforms & Tools, Best in Class - Research and Best in Class - Mobile Trading in 2014.
Overall, Scottrade boasts 4.00 stars versus Just2Trade's 2.50 stars.