The StockBrokers.com annual broker review assesses more than a dozen different brokers over six months, surfacing the best online stock brokers. This review compares Just2Trade vs SpeedTrader. Is Just2Trade or SpeedTrader a better online broker?
First, we will make a comparison of the stock and option trading fees for trading with both brokers. SpeedTrader charges $4.49 per stock trade which is $1.99 more than Just2Trade which charges customers $2.50 per trade. With options, the base fees charged are $N/A (SpeedTrader) and $2.50 (Just2Trade). SpeedTrader's per contract rate of $0 is less than Just2Trade which charges $0.50. Note that some brokers charge a per-share fee instead of a flat-fee commission. For a full breakdown of commissions, read our online broker reviews.
For our next comparison of these two brokers, being able to trade the way you want is a must. SpeedTrader provides its clients with Stock Trading and Options Trading while Just2Trade provides clients access to Stock Trading, Options Trading, Mutual Funds and Futures Trading. When it comes to mutual funds, SpeedTrader trails Just2Trade by 3,000 total mutual funds, with Just2Trade offering 3000 and SpeedTrader offering 0.
Last but not least, by breaking down important features, tools, etc that each broker offers, we can really help to separate the two. Both Just2Trade and SpeedTrader offer virtual trading. For mobile trading, Both Just2Trade and SpeedTrader offer clients access to an iPhone App and Android App. Furthermore, some investors like to bank online, and multiple brokerages provide these services to clients. Unfortunately, Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans are not available at Just2Trade or SpeedTrader .
Overall, between Just2Trade and SpeedTrader, SpeedTrader is the winner.