Online brokers compared for fees, trading platforms, safety and more. See how E*TRADE stacks up against Interactive Brokers!
Last update of data—Jan 2023
E*TRADE is a US stockbroker regulated by top-tier authorities SEC and FINRA. The company is listed on NASDAQ and has a banking background.
Interactive Brokers is a US discount broker. It is listed on a stock exchange and regulated by several authorities, including top-tier ones like the FCA and the SEC.
Recommended for investors and traders looking for solid research and a great mobile trading platform.
Recommended for traders looking for broad market access and a professional trading environment.
E*TRADE
E*TRADE is a US stockbroker regulated by top-tier authorities SEC and FINRA. The company is listed on NASDAQ and has a banking background.
Recommended for investors and traders looking for solid research and a great mobile trading platform.
Interactive Brokers
Interactive Brokers is a US discount broker. It is listed on a stock exchange and regulated by several authorities, including top-tier ones like the FCA and the SEC.
Recommended for traders looking for broad market access and a professional trading environment.
E*TRADE's service is on par with Interactive Brokers's and a comparison of their fees shows that E*TRADE's fees are slightly higher than Interactive Brokers's.
Account opening takes somewhat less effort at E*TRADE compared to Interactive Brokers, deposit and withdrawal processes are somewhat more complicated at E*TRADE, while customer service quality is similar to Interactive Brokers's.
Our experts rated the trading platform of E*TRADE as somewhat better than the platform of Interactive Brokers, found that clients have access to less markets and products with E*TRADE, while Interactive Brokers provides somewhat lower-quality research and education.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
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