Etrade Alternatives: Pros, Cons, And How It Stacks Up Updated for 2024
This alternatives to Etrade guide has been updated for 2024 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to Etrade to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to Etrade like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, benefits to their customers. If you feel that Etrade is not quite right for you then it would be worth getting a virtual account with a few of the top Etrade alternatives and check if they are a better fit for you before moving any money around.
The most detailed guide to Etrade alternatives on the internet
There's many reasons Etrade may not be a good fit for your trading needs. Whatever reason you are looking for a new Etrade alternative or Etrade competitor with similar services, comparebrokers.org try to give you as much helpful information so you can find what it is you need. Below you can find the most popular Etrade alternatives.
For each of the alternative to Etrade, we also highlight the key differences to Etrade and for each section show you the best alternatives. For each Etrade alternative trading platform shown we also have detailed trading platform reviews and guides that you can easily click to read elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are unimpressed with Etrade, we can show you some great alternative brokersbrokers|online trading platforms|brokerages.
Trading with a professional and dependable trading platform is important for your trading success. All of the Etrade alternative platforms we list in this Etrade alternatives guide have good reputations and can match what you are looking for.
Alternatives With Lower Minimum Deposit
Etrade has a minimum desposit of $100, you can see how the minimum deposit requirements of Etrade compare with the minimum deposit requirements of Etrade competitors. Trading platforms often offer lower minimum deposits to get users to join with them, but having higher a minimum deposit isn’t necessarily a bad thing, it all depends on your individual trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
Etrade |
$100 | |
| freetrade |
$0 | |
| easyMarkets |
$100 | |
| Uphold |
$1 | |
| ThinkMarkets |
$0 |
Alternatives Offering Virtual Portfolio Accounts
Etrade offers virtual portfolio accounts so you can learn their systems before risking any real capital. Newbie traders can open a virtual portfolio account in order to better understand the aspects of Forex trading and test out some of the company’s features before signing up for a live account.
Below we show some of the best alternatives to Etrade that offer demo accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
Etrade |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
Etrade has negative balance protection. It is specially offered while the market volatility keeps clients from letting their accounts go into the red. In a situation like this, Etrade provides the ability to reset a customers account balance to zero.
You are able to go through the important terms and conditions on Etrade's site to comprehend their policies.
Below we list some of the best alternatives to Etrade that offer negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
Etrade |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
Etrade unfortunately, doesn't provide guaranteed stop loss. Etrade gives an opportunity for its traders to close their trade in their specified price. Aside from that, Etrade does not offer guaranteed stop loss.
Below we list some of the top Etrade alternatives that has guaranteed stop loss available for their customers.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
Etrade |
No | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
Etrade do permit scalping. Many traders across the world choose Etrade for their services that are trading. They offer trading on cTrader, SocialTrading, webPlatform, DesktopPlatform, Proprietary . which allow this.
Below we detail some of the best alternatives to Etrade that offer scalping functionality to their users.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
Etrade |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
Etrade do allow hedging. Many traders around the world select Etrade for their large range of services. They offer trading on cTrader, SocialTrading, webPlatform, DesktopPlatform, Proprietary ..
Below we list some of the top alternatives to Etrade that allow hedging services to their user base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
Etrade |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
Regretably, Etrade does not offer social trading.
Below we list some of the top alternatives to Etrade that offer social trading capabilities.
| Broker | Offers Social Trading? | Find Out More |
|---|---|---|
|
Etrade |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Copy Trading
Regretably, Etrade does not offer copy trading.
Below we list some of the top Etrade alternatives that have copy trading to their clients
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
Etrade |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
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