Comparison E*TRADE vs Tastyworks
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares E*TRADE vs Tastyworks. Is E*TRADE or Tastyworks a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. E*TRADE has a commission fee of $6.95, and Tastyworks has a commission fee of $0. Let’s analyze the commission fees on trading options. E*TRADE has a commission fee of $6.95 + $0.75 per contract, Tastyworks has a commission fee of $1. You can read more detailed information on commission fees in the online broker reviews.
It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Futures Trading, Crypto Trading, Robo Advisor are provided to customers by E*TRADE and Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Futures Trading are provided by Tastyworks. As for platforms, E*TRADE offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while Tastyworks offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App.
Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. E*TRADE was founded in 1982 in United States, and it is regulated by FINRA. And Tastyworks was founded in 2017 in United States, and it is regulated by FINRA, NFA and SIPC. Withdrawal of funds from E*TRADE can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $0. And Tastyworks provides the ability to withdraw funds using Bank Wire with a withdrawal fee of $25-45. The withdrawal time for E*TRADE is 3 days, and that one for Tastyworks is 3 business days.
Overall, E*TRADE boasts 4.3 stars versus Tastyworks 4 stars.