Basic data of broker
Recommended for Investors and traders looking for solid research and a great mobile trading platform
Best IRA broker
Recommended for Forex traders looking for low fees and those who prefer the MetaTrader 4 trading platform
USA
Japan
Fees
Low trading and non-trading fees, high fund fees
Low trading fees, average non-trading fees, low forex and CFD fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
1
4
Deposit type
Withdrawal type
Account opening
$0
$50
1-3 days
1 day
Proof of identity: SSN and national ID / passport / driver's license
Proof of identity: ID / passport / driver's license Proof of residency: bank statement / utility bill
Trading platform
Markets and products
Disclaimer: 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Great
Mid-range
Customer service
Security
$500k (securities up to $500k, cash up to $250k)
No investor protection
$500k (securities up to $500k, cash up to $250k)
No investor protection
1982
1999
USA
Australia
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
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.
E*TRADE's service is slightly better than Rakuten Securities's and a comparison of their fees shows that E*TRADE's fees are similar to Rakuten Securities's.
Account opening takes somewhat more effort at E*TRADE compared to Rakuten Securities, deposit and withdrawal processes are more complicated at E*TRADE, while customer service quality is considerably lower than Rakuten Securities's.
Our experts rated the trading platform of E*TRADE as somewhat better than the platform of Rakuten Securities, found that clients have access to more markets and products with E*TRADE, while Rakuten Securities provides much less useful research and education.
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