FTX vs E-Trade
| FTX Review 2023 | E-Trade Review 2023 |
|---|---|
0.3
FTX is #31 in our crypto broker rankings.
FTX and FTX US has filed for Chapter 11 bankruptcy. We strongly advise against making any deposits. The FTX platform has been hacked. A warning has ben issued that the website, platform and app might be infected by trojan malware. We recommend that you refrain from using them.
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3.3
E-Trade is #36 in our broker rankings. |
 Traders from US accepted |
Traders from US accepted |
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FTX is a cryptocurrency exchange that offered a vast array of derivatives products and digital tokens. However, the company collapsed and filed for bankruptcy on November 11, 2022 after a wave of withdrawals revealed that the firm has mismanaged client funds and did not have sufficient liquidity. |
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. |
| Bonus Offer | |
| Commission Free Trades | |
| Comment by Reviewer | |
| "We don't recommend FTX to crypto investors. The disgraced cryptocurrency exchange failed its customers and its CEO, Sam Bankman Fried, has been arrested." | "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. " |
| Pros | |
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| Cons | |
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| Instruments | |
| Futures, Options, Crypto | Stocks, Futures, E-minis, Options |
| Demo Account | |
| No | Yes |
| Minimum Deposit | |
| $1 | $500 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| $1 | $10 |
| Regulator | |
| SEC | |
| Margin Trading | |
| Yes | No |
| STP Account | |
| No | No |
| ECN Account | |
| No | No |
| DMA Account | |
| No | No |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | Yes |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| No | No |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | No |
| Mobile Apps | |
| iOS & Android | iOS, Android and Windows |
| Auto Trading | |
| Yes | |
| Copy Trading | |
| No | No |
| Social Trading | |
| No | No |
| VPS Hosting | |
| No | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | Yes |
| Guaranteed Stop Loss | |
| No | No |
| Islamic Account | |
| No | No |
| Stock Exchanges | |
| Commodities | |
| Cryptocurrency | |
| FTX supports crypto trading on hundreds of major tokens by way of spot trades and derivatives contracts. This includes access to popular cryptos like Bitcoin, Ethereum and Litecoin. | Crypto trading not offered |
| Spread | |
| Variable | |
| Coins | |
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| Crypto Lending | |
| Yes | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| Yes | No |
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| More Comparisons | |
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FTX vs |
E-Trade vs |