Discover our detailed comparison of ETrade and Trade Ideas to help determine which is best for you. Whether you’re a seasoned trader or just starting out, choosing the right platform can significantly impact your trading experience.
To make your research easier, we manually found key data for ETrade and Trade Ideas across the internet and compiled it all in this article.
Key Characteristics of ETrade and Trade Ideas
Provider | Platform Type | Tradeable Assets | Charting Features | Data | Premium Pricing |
---|---|---|---|---|---|
ETrade Visit Site | Brokerage Platform | Stocks, ETFs, Mutual Funds, Options, Futures, Futures Options, Crypto, Bonds | Power ETrade Platform | Real-time data with funded account | No premium features |
Trade Ideas Get 15% Off | Charting & AI Stock Scanner | Not a broker, but you can chart stocks, ETFs, futures, crypto, and forex | Advanced web-based charting platform + downloaded desktop version | Real-time data included with paid subscription plans | $89-$179 per month, get 15% off using my affiliate link |
Overview of ETrade
Founded in 1982, ETRADE was one of the first companies to offer electronic trading to individual investors, making it easier for the general public to participate in the stock market without the need for traditional face-to-face transactions with brokers. ETrade offers competitive pricing for derivative trading and offers a trading platform for charting and analysis.
Overview of Trade Ideas
Trade Ideas is an advanced charting platform and stock screening software that provides real-time quotes, indicators, and heat maps. The dashboard seems overwhelming at first, but you can easily customize it to see only what you want, such as charting, screeners, or heatmaps. The platform is constantly scanning the stock market, and showing you which stocks are trending up, which is great for day traders.
Who is ETrade Best For?
ETrade is best for long-term investors and active traders alike, but it is just okay compared to other platforms. If you are a long-term investor, ETrade is great, but it doesn’t offer as much flexibility with fractional shares. It is also not the broker of choice for active traders, since much better platforms like tastytrade and thinkorswim are available.
![](https://www.financialtechwiz.com/wp-content/uploads/2024/06/etradeplatformimage.jpg)
Who is Trade Ideas Best For?
Trade Ideas is best for day traders and swing traders who need a premium platform to help them track which stocks are making the biggest moves of the day. You can easily filter stocks by various metrics like daily volume %, gap %, change % from open, and many more.
![](https://www.financialtechwiz.com/wp-content/uploads/2024/06/tradeideasplatformimage.jpg)
Trading Features and Tools
Provider | DRIP | Margin Trading | Insurance | Mobile App |
---|---|---|---|---|
ETrade Visit Site | Yes, no fees in most cases | Yes | SIPC/FDIC Insured | Yes |
Trade Ideas Get 15% Off | Not a broker | Not a broker | Not a broker | No |
Trading Costs and Commissions Compared
Fee Type | ETrade Visit Site | Trade Ideas Get 15% Off |
---|---|---|
Equity Commission | Free | Not a broker |
Option Commission | $0.65 per contract | Not a broker |
Futures Commission | $1.50 per contract | Not a broker |
Futures Options Commission | Must call to activate futures options | Not a broker |
Option Exercise Fee | None | Not a broker |
ETrade vs Trade Ideas – Bottom Line
Choosing between ETrade and Trade Ideas depends on your specific trading needs, preferred trading tools, and the type of assets you’re interested in.
Both platforms offer distinct advantages, but by considering the detailed comparison above, you can select the one that aligns best with your trading strategy and goals.
For more detailed reviews and comparisons, continue exploring our other articles on brokerage platform comparisons.
What is the Overall Best Charting Software?
I have reviewed and used nearly every trading platform available, and I believe that TradingView is the best overall charting software available. Here are some reasons why:
- All of TradingView’s key features are free to use
- TradingView provides real-time data for free whenever possible
- You are not tied to a single broker and can use whichever you want while charting on TradingView
- You can track all markets on a single platform, including stocks, ETFs, crypto, forex, and futures.
- TradingView has an excellent economic calendar and various screeners
TradingView Limited Time Offer!
Exclusive Deal: 30-Day FREE Premium Access + Bonus Credit
Don’t Miss Out – Sign up for TradingView Now!
- Advanced Charts
- Real-Time Data
- Track all Markets
If you sign up for a TradingView account using my affiliate link, you can get a 30-day free trial of its premium features plus a $15 credit toward your subscription. However, signing up for a free trial is not required, and you can use nearly all of its features with a basic free account. You can read my full review of TradingView to learn more.
Related Trading Platform Comparisons
Barchart vs Fidelity
Tradovate vs thinkorswim
Fidelity vs StockCharts
MT4 vs WeBull
Barchart vs MT4