ETRADE Alternative Brokers Compared
We found when trading having a broker you can rely on is essential. If ETRADE does not match your requirements we explain the top ETRADE alternatives and ETRADE competitors in this guide.
The best alternative for ETRADE is IC Markets or Roboforex.
When searching for a ETRADE alternative, there are a few things you need to check. The ETRADE trading platform alternative you decide upon needs features and trading fees that match your investment strategies and trading requirements.
We offer a detailed list and examination of the top ETRADE alternatives and competitors feature by feature further below this ETRADE alternatives guide.
If you are looking for a trading platform that offers similar features to ETRADE or ETRADE. Or if you are looking for features that ETRADE does not offer that you require when trading, we will show you the best ETRADE alternative options below.
We highlight the pros and cons of each ETRADE alternative. Maybe you are looking for better customer service from a ETRADE alternative or more competitive ETRADE fees and more financial instruments to trade.
We have listed some reasons why ETRADE may not be the best broker for you. But don't worry. We have compiled a list of the best alternatives below.
- ETRADE does not allow hedging (See brokers for Hedging here)
- ETRADE does not offer negative balance protection (See ETRADE alternatives who offer negative balance protection here)
- ETRADE does not offer Guaranteed Stop Loss (See ETRADE alternatives who offer Guaranteed Stop Loss here)
- ETRADE does not allow Scalping (See brokers for scalping here)
- STP accounts are not offered by ETRADE (Look here for ETRADE alternatives offering STP accounts)
- ETRADE does not offer MT4 (See ETRADE alternatives offering the MT4 trading platform here)
- MT5 is not offered by ETRADE (find ETRADE alternatives that offer the MT5 trading platform here)
- cTrader is not offered by ETRADE (find ETRADE alternatives offering the cTrader trading platform here)
- ETRADE does not offer Micro accounts (Check here for ETRADE alternatives offering micro accounts)
- ETRADE does not offer VIP accounts (Check here for ETRADE alternatives offering VIP accounts)
Top ETRADE Alternative is IC Markets
| Broker |  |
 |
 |
|---|---|---|---|
| Rating | ★★★☆☆ 3/5 | ★★★★☆ 4/5 | ★★★★☆ 4/5 |
| 💻 Trading Platforms | Power E*TRADE web, Power E*TRADE app, E*TRADE app, E*TRADE web | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows |
| 📋 Instruments Available | 60000 | 2250 | 12000 |
| 📈 Stocks Offered | 2100 | 0 | |
| 💎 Crypto | No | Yes | No |
| 💹 Forex Pairs | 61 | 35 | |
| 📈 Commodities | 0 | 20 | 21 |
| 💰 Min Deposit | 0 | 200 | 10 |
| 👱♂️ Used By | 5,200,000+ users | 200,000+ users | 730,000+ users |
| 📆 Founded | 2012 | 2007 | 2009 |
| 👮♂️ Regulation | Financial Industry Regulatory Authority (FINRA) (29135), U.S. Securities and Exchange Commission (SEC) (0000787056), Commodity Futures Trading Commission (CFTC) (NFA ID: 0403240), National Futures Association (NFA) (0403240) | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund |
| 🌍 HQ | United States | Australia | Belize |
| 🚫 Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | |
| Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits |
If you want to see a more indepth feature by feature ETRADE alternative comparison, you can scroll further down here.
