Robinhood vs . E*TRADE: Comparing Two Powerhouses in Online Trading

Two names stand out in the world of online trading: Robinhood vs E*TRADE . Robinhood is a relatively new player that has gained popularity with its commission-free trades and user-friendly approach . On the other hand E*TRADE is one of the oldest online brokers which offers a wide range of services and has built a strong reputation over the years . But which platform is right for you? Let’s dive into a head-to-head comparison of Robinhood vs . E*TRADE to help you make an informed decision .

E*TRADE: A Pioneer in Online Trading

E*TRADE was recently acquired by Morgan Stanley and it has a long history as one of the first online stock brokers . With branches across the United States E*TRADE offers accessibility both online and offline . It provides two platforms: the traditional E*TRADE platform and Power E*TRADE both of which are available on desktop and mobile apps . E*TRADE has no account minimums or trading commissions and it even offers managed portfolios for a management fee . Additionally E*TRADE provides a range of accounts like custodial accounts, college savings accounts, retirement accounts and FDIC-insured savings and checking accounts .

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