In this matchup, E*TRADE and FXOpen square off. The tension centers on platform power, costs, and access to global markets.
Find out which stock broker best suits your investing profile.
Choose if…
Choose E*TRADE if you want a mature platform with professional options analytics.
Choose if…
| Editorial score | 4.3/ 5 | 3.6/ 5 |
|---|---|---|
| Min deposit | N/A | $100 |
| Spreads from | N/A | 0 pips |
| Commission / lot | N/A | $3/lot |
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | E*TRADE | FXOpen |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, SEC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS, SIPC) | Fail | Pass |
| Costs | ||
| Commission-free trading | Pass | Fail |
| No deposit fee | Pass | — |
| Features | ||
| Fractional shares | Fail | Fail |
| Dividend reinvestment (DRIP) | Pass | Fail |
| Extended hours trading | Pass | Fail |
| IPO access | Fail | Fail |
| Short selling | Pass | Pass |
| Stock screener tool | Pass | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Pass |
ETRADE rates 4.3/5 versus 3.6/5 for FXOpen. ETRADE edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
FXOpen starts from 0. Current spread data is not available for E*TRADE. Check both brokers' websites for up-to-date spread and commission pricing.
FXOpen requires $100. Minimum deposit information is not currently available for E*TRADE.
Both E*TRADE and FXOpen hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, FXOpen provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources on each broker's site before deciding.
E*TRADE lists maximum leverage of 1:4, while FXOpen lists up to 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
FXOpen charges $3 per trade on commission-based accounts. Commission details for E*TRADE are not currently available. Check their website for up-to-date pricing. Stock commissions may be charged as a flat rate per trade or per share; confirm the exact structure on each broker's website.
ETRADE supports Proprietary Web/Mobile, while FXOpen supports cTrader, MetaTrader 4, MetaTrader 5. ETRADE has exclusive access to Proprietary Web/Mobile. FXOpen has exclusive access to cTrader and MetaTrader 4 and MetaTrader 5.
E*TRADE offers commission-free stock trading while FXOpen does not according to our data. Commission-free trading can reduce costs for frequent traders. Always confirm the current fee structure directly on each broker's website.
FXOpen scores higher on investor protection criteria, with compensation scheme coverage and segregated client funds. For stock investors, confirming compensation scheme coverage ensures your assets are protected up to a defined limit if the broker becomes insolvent.
Choose E*TRADE if you want commission-free stocks and ETFs and futures from the same account. Choose FXOpen if you want ECN/STP stock CFD execution. Choose FXOpen if you want MT4 MT5 or cTrader platforms and FCA/CySEC/ASIC regulation.
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
E*TRADE wins for low cost trading with commission-free stocks and ETFs.
FXOpen wins for regulation due to FCA/CySEC/ASIC coverage and compensation scheme.
E*TRADE wins for long term investors with DRIP.
ETRADE leads active traders with Power ETRADE and futures access.
Equally matched for beginners given the provided data.
E*TRADE wins for global market access with more exchanges.
| N/A |
| 0.3 pips |
| Inactivity fee | None | None |
|---|
| Deposit fee | Free | Free |
|---|
| Deposit methods | Bank TransferACHWire TransferCheque | Bank transferCredit cardDebit cardSkrillNetellerCrypto |
|---|
| Withdrawal methods | Bank TransferACHWire Transfer | Bank transferCardSkrillNetellerCrypto |
|---|
| Withdrawal fee | Free ACH; $25 wire transfer | Free |
|---|
| Commission-free | Yes | No |
|---|
| Fractional shares | No | No |
|---|
| Dividend reinvestment | Yes | No |
|---|
| Extended hours | Yes | No |
|---|
| IPO access | No | No |
|---|
| Short selling | Yes | Yes |
|---|
| Regulators | SEC FINRA | CySEC FCA ASIC |
|---|
| Platforms | Proprietary Web/Mobile | cTrader MetaTrader 4 MetaTrader 5 |
|---|
| Active bonuses | 2 offers | None |
|---|
E*TRADE edges FXOpen on overall score, driven by the Power E*TRADE platform and a 40+ year history plus commission-free stocks.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.6 / 5
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