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Robinhood vs. E*TRADE

April 17, 2018
Brokers, Investing
At NerdWallet, we strive to help you make financial decisions with confidence. To do this, many or all of the products featured here are from our partners. However, this doesn’t influence our evaluations. Our opinions are our own.

It’s hard to compare E*TRADE and Robinhood: Both brokers allow investors to trade stocks and exchange-traded funds for free, yes. But the similarities come to a halt — a bit of a screeching one — there.

E*TRADE ticks the boxes you’d expect in a broker: several trading platforms, a well-rounded selection of research, a range of investment options. These aren’t exactly bells and whistles in the online broker world … until you stack them up against Robinhood, which offers little of the above. (That said, Robinhood is at least in part to thank for driving down fees at E*TRADE and other brokers — it used to be the lone free-trading option in the pack.)

Trade Fee

$0.00

$0.00

Account Minimum

$0

$0

Promotion

None

None

no promotion available at this time

Trade Fee

$0.00

$0.00

Account Minimum

$0

$0

Promotion

$100 to $2,500

$100 to $2,500

cash credit with a qualifying deposit or transfer

 
» Want to compare E*TRADE with other brokers? View our picks for the best brokers for stock trading.

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