E*TRADE vs Robinhood

E*TRADE is an online broker with one of the best user interfaces. How does it compare to Robinhood? Read our comparison chart below.

E*TRADE offers stock trades at $0 per trade. There is a $500 minimum deposit, no maintenance fee and no inactivity fee.

While Robinhood offers $0 stock trades by cutting out physical offices and manual account management. Only basic stock trading can be performed on the mobile app. There is no minimum deposit or maintenance fee, though there is an optional paid premier customer tier starting at $5/month.

Compare E*TRADE with Robinhood, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

	E*TRADE	Robinhood

	Learn More	Visit Site
	SPECIAL OFFER Learn more about ETRADE - Learn More* Read E*TRADE Review	OFFER Get a Free Stock (worth between $5 and $200) - Learn More Read Robinhood Review
	Benefits and Features
Stock Trading	$0 per trade	$0
Options Trading	$0 per trade + $0.65 per contract $0 per trade + $0.50 per contract if you make 30+ trades a quarter	$0
Annual Fee		None
Cryptocurrency Trading		$0
Minimum Deposit	$0 for self-directed brokerage accounts; Managed portfolios start at $500 minimum	$0
Mutual Fund Trading	$0 for no-load, no-transaction-fee funds; $19.99 for transaction-fee funds	No
Commission Free ETFs	250+	All U.S. listed ETFs
Phone Support		24/7
Live Chat Support		No
Email Support		Yes
Human Advisors		No
Robo Advisor		No
Assets Under Management		$80 Billion
Penny Stocks
Tax Loss Harvesting		No
Goal Tracker		No
Automatic Deposits		Yes
Broker Assisted Trades	$25 + Regular Commission	Not available
Customer Service	800-387-2331
Good For		Beginners; Active traders
Inactivity Fee	$0	$0
Maintenance Fee	$0	$0
Online Platform		Yes
iPhone App		Yes (4.2 stars, 4m ratings)
Android App		Yes (3.8 stars, 453k ratings)
Banking	Checking account offers no minimum balance requirements, free online bill pay, and unlimited debit card and check transactions.	No
Mobile App		Yes
Desktop App	E*TRADE Pro (requires you to execute at least 30 trades during a calendar quarter or maintain brokerage account balance of at least $250,000)
Two-Factor Authentication		Yes
Futures Trading	$1.50 per contract, per side + fees (excluding bitcoin futures)
Locations		No
Online Community		No
Seminars		No
Virtual Trading		No
Fractional Shares		Yes
Taxable Accounts		Yes
401k Plans		No
IRA Accounts		Yes
Roth IRA Accounts		Yes
SEP IRA Accounts		No
Trust Accounts		No
529 Plans		No
	CreditDonkey® Reviews

Stock Trading
Options Trading
Banking
Mobile App
Commissions and Fees
Ease of Use
Online Community
Research
Trading Platform
Minimum Deposit
Customer Service
Pros & Cons	Pros: Expansive set of resources and tools Easy to use website Industry leader Cons: Trade fees	Pros: Commission-free trades No minimum Extended trading hours Cons: Limited research No mutual funds & bonds
Bottom Line	Online broker with one of the best user interfaces... Read full review	Free way to trade stocks with limited bells and whistles... Read full review
	Learn More	Visit Site
	Learn more about ETRADE ETRADE Account - Up to $3,500 Bonus E*TRADE Account - Up to $2,500 Bonus	Get a Free Stock (worth between $5 and $200) Commission-Free Trades Commission-Free Options Investing
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. E*TRADE: Pricing information from published website as of 11/17/2023. Robinhood: Pricing information from published websites as of 04/18/2020.

Trade stocks, funds, options, and cryptocurrencies

Commission-Free Options Investing

Get Deal

Robinhood offers commission-free and no monthly fee options trading.

Which is Better: E*TRADE or Robinhood?

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing E*TRADE or Goldco.

In short: E*TRADE's mobile app and research are notable. In particular, the mobile app is outstanding. Robinhood's stock trading and commissions and fees are impressive.

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