Comparison E*TRADE vs HighLow
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare E*TRADE vs HighLow. Which of them: E*TRADE or HighLow a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. Let’s analyze the commission fees on trading options. E*TRADE has a commission fee of $6.95 + $0.75 per contract, HighLow has a commission fee of none. The full online broker reviews contains more detailed information on the brokers’ commission fees.
Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are E*TRADE provides customers with Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Futures Trading, Crypto Trading, Robo Advisor, and HighLow provides customers with Options Trading. Concerning the platforms, E*TRADE uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while HighLow uses Web Platform, Android App, iOS App.
In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. E*TRADE was established in 1982 in United States, and it is regulated by FINRA,. And HighLow was established in 2014 in Australia, and it is regulated by ASIC. Withdrawal of funds from E*TRADE can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $0. And HighLow provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of 2% fee on all withdrawals. The time for withdrawal in E*TRADE is 3 days, and that one in HighLow is 1 - 3 business days.
Overall, E*TRADE boasts 4.3 stars versus HighLow 4.6 stars.