E*TRADEvs
FXOpenStock Broker Comparison
In this matchup, E*TRADE and FXOpen square off. The tension centers on platform power, costs, and access to global markets.
Key Differences
- 1E*TRADE offers commission-free stocks and ETFs; FXOpen does not.
- 2Extended trading hours on E*TRADE; FXOpen does not.
- 3E*TRADE connects to 8 exchanges versus FXOpen's 5.
Who should choose E*TRADE vs FXOpen?
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…
E*TRADE vs FXOpen: Side-by-Side Stock Broker Comparison
 |  | |
|---|---|---|
| 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 |
E*TRADE vs FXOpen Stock Broker Pros & Cons
Pros
- Power E*TRADE platform with professional options analytics and strategy scanner
- Commission-free stocks and ETFs with $0.50/contract options for active traders
- Futures trading available on CME products from the same account
- Morgan Stanley analyst reports now included for account holders
- 40+ year operating history; SEC, FINRA, and SIPC regulated
Cons
E*TRADE vs FXOpen: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
5
E*TRADE
criteria wins
2
FXOpen
criteria wins
Highlighted rows show where the two brokers differ
| 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 |
E*TRADE vs FXOpen: Frequently Asked Questions
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.
