E*TRADE vs Loyal3

Struggling to choose between E*TRADE and Loyal3? Both products offer unique advantages, making it a tough decision.

E*TRADE is a Business & Commerce solution with tags like stocks, options, etfs, mutual-funds, bonds, trading, investing, brokerage.

It boasts features such as Online stock trading, Options trading, ETF trading, Mutual fund trading, Bonds trading, $0 commission trades, Market research tools, Retirement planning resources, Web trading platform, Mobile trading apps and pros including Low trading commissions, User-friendly platforms, Robust research and tools, Good customer service, Large mutual fund selection, No account minimums.

On the other hand, Loyal3 is a Business & Commerce product tagged with investing, stocks, commissionfree, ipo.

Its standout features include Commission-free stock trading, Access to IPOs typically reserved for institutions, Fractional share purchases, Low minimum investment amounts, Mobile app, and it shines with pros like Democratizes access to IPOs, No trading commissions, Can invest small amounts, Easy to use mobile app.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

E*TRADE

E*TRADE

E*TRADE is an online brokerage platform that allows users to trade stocks, options, ETFs, mutual funds, and bonds. It offers $0 trades, research tools, retirement planning resources, and both web and mobile trading platforms.

Categories:
stocks options etfs mutual-funds bonds trading investing brokerage

E*TRADE Features

  1. Online stock trading
  2. Options trading
  3. ETF trading
  4. Mutual fund trading
  5. Bonds trading
  6. $0 commission trades
  7. Market research tools
  8. Retirement planning resources
  9. Web trading platform
  10. Mobile trading apps

Pricing

  • Free
  • Subscription-Based

Pros

Low trading commissions

User-friendly platforms

Robust research and tools

Good customer service

Large mutual fund selection

No account minimums

Cons

Limited international trading

Higher margin rates than some competitors

Website can be slow during high-volume days

Limited cryptocurrency trading


Loyal3

Loyal3

Loyal3 is an online brokerage platform that allows individuals to invest in IPOs and stocks commission-free. It aims to democratize IPO investing by giving ordinary investors access to big IPOs typically reserved for institutions.

Categories:
investing stocks commissionfree ipo

Loyal3 Features

  1. Commission-free stock trading
  2. Access to IPOs typically reserved for institutions
  3. Fractional share purchases
  4. Low minimum investment amounts
  5. Mobile app

Pricing

  • Free

Pros

Democratizes access to IPOs

No trading commissions

Can invest small amounts

Easy to use mobile app

Cons

Limited selection of stocks and ETFs

No advanced trading options like limit orders

No retirement accounts offered