What are the best E-Trade alternatives?

Robinhood is also among the top E-Trade alternatives. Like E-Trade, Robinhood is also a California-based financial service company. Furthermore, both broking platforms allow you to trade in stocks and exchange-traded funds. However, Robinhood lacks some essential securities, such as bonds and mutual funds.

What is E-Trade and how does it work?

E-Trade is one of the oldest and most popular online brokerage platforms in the United States. It offers a secure way to trade stocks, ETFs, and other investment programs. The company came into existence in 1982, having headquarters in California, United States. The founding members of E-Trade are William A. Porter and Bernard A. Newcomb.

Is E*Trade the best online brokerage?

Whether E*TRADE or one of its alternatives is the best choice for you is on the following five broker characteristics that most interest people: Fees. There are different types of fees that your online brokerage may charge, and both the number and the size of these fees may vary significantly from broker to broker.

Is Robinhood a good alternative to E-Trade?

Vladimir Tenev and Baiju Bhatt are the brains behind Robinhood. It is a FINRA-regulated brokerage firm registered with the US Securities and Exchange Commission. Robinhood is also among the top E-Trade alternatives. Like E-Trade, Robinhood is also a California-based financial service company.