E-trade is a one-stop shop that provides both investment and trading opportunities to clients through four proprietary platforms and apps. The firm has decades of experience and is authorized by the SEC. Investors can benefit from ready-made portfolios or open a do-it-yourself account to choose from stocks, funds, ETFs, futures and bonds; traders can access margin trading on stocks, options and futures.
Ellevest is a female-led financial services firm, authorized by the SEC and FINRA. The company specializes in online investing and wealth creation with 3+ million clients and $1.5 billion in assets under management (AUM). There is no minimum deposit with bespoke investment plans spanning 21 asset classes.
Commission Free Trades
Comment by Reviewer
"E-trade provides great service to anyone who wants to grow their wealth both through long-term investments and shorter-term trading, thanks to a diverse and flexible range of products. "
"Ellevest is an investment solution designed for women with robo-advisors, financial education and investment planning. The flat-fee, tiered subscription model will appeal to a range of investors."
Trade US stocks, ETFs and mutual funds with no commissions
Build an investment portfolio and trade stocks and derivatives through one broker
Good selection of extra features including data feed with input from leading third-party providers
Regulated by top US organizations including the SEC
Competitive fees and a transparent pricing structure
Very diverse range of assets to invest and trade
Trustworthy brand authorized by tier-one regulators; SEC and FINRA
Two portfolio options with flat-fee pricing and a focus on ESG initiatives
Educational content, financial advice and market insights available
Female-led firm designed and created for women
No minimum deposit requirement for beginners
Ellevest Mastercard World debit card
Free deposits and withdrawals
High commissions on some products
High threshold to qualify for the pro platform
No fractional shares
No demo account
No forex trading
No mobile app for Private Wealth Management services
Investments limited to mutual funds and ETFs
Limited customer support options
Only available in the US
No tax-loss harvesting
NerdWallet’s 2021 winner for the Best Robo-Advisor for IRA investing