Robinhood vs Etrade - What You Need to Know!

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  • เผยแพร่เมื่อ 2 ต.ค. 2024

ความคิดเห็น • 162

  • @a.d.b535
    @a.d.b535 3 ปีที่แล้ว +43

    Now we know one thing ... Robinhood is not the average guy's friend. It favors the hedge funds.

    • @theguyinblue123
      @theguyinblue123 3 ปีที่แล้ว +1

      Yup I'm out

    • @joeywakeman3098
      @joeywakeman3098  3 ปีที่แล้ว +3

      RT

    • @joshuashelly5803
      @joshuashelly5803 3 ปีที่แล้ว +2

      Switching to E*TRADE now. Love the video.

    • @akin242002
      @akin242002 ปีที่แล้ว

      @@joshuashelly5803 Good choice. E*Trade now allows automatic investing into fractional shares of ETFs. However, it is the top 100 popular ETFs with a $25 minimum.

  • @johnathansawyer8736
    @johnathansawyer8736 3 ปีที่แล้ว +14

    Really appreciate this video. It's straight to the point. Yesterday got me interested in the stock market and I'm clueless. This helped!

  • @johntiessen
    @johntiessen 3 ปีที่แล้ว +7

    E-Trade won't pull a GameStop on you like Robinhood did. Robinhood doesn't have the power ether or capital. E-Trade is just safer for your hard earned money I think.

    • @joeywakeman3098
      @joeywakeman3098  3 ปีที่แล้ว

      Big plus with big brokerages is bigger liquidity. Thanks for watching!

  • @BrendanEvan
    @BrendanEvan 3 ปีที่แล้ว +12

    Lots of good options out there nowadays! Definitely looking at other brokers besides Robinhood these days.

    • @joeywakeman3098
      @joeywakeman3098  3 ปีที่แล้ว +1

      For sure! They’ve been having a lot of problems, thanks for watching!

  • @boomn216
    @boomn216 3 ปีที่แล้ว +7

    E Trade does everything including Fidelity funds. Robinhood has a lot of not supported stocks but does have fractional shares.

    • @peterlin2176
      @peterlin2176 2 ปีที่แล้ว

      At least Robinhood's website works, Etrade glitches, refuse to let you transfer for no reason, and you can't log back in if you delete your cookies.

  • @akin242002
    @akin242002 3 ปีที่แล้ว +3

    You and Andrei Jekh have the best video editing on youtube.

    • @joeywakeman3098
      @joeywakeman3098  3 ปีที่แล้ว +2

      Hahah thanks! Andrei inspired me to get better at editing, thanks for watching!

  • @PierceJPeterson
    @PierceJPeterson 3 ปีที่แล้ว +12

    This video is so well edited! Nice comparison my dude!

  • @ilikedogs3385
    @ilikedogs3385 3 ปีที่แล้ว +4

    Good vid! I was considering switching to e trade but I like buying fractional shares so that kind of ruins it.

  • @jaym9846
    @jaym9846 2 ปีที่แล้ว +1

    1 or 2 hour long hold time to get Etrade customer service.
    Poor service after it was taken over by Morgan Stanley.

  • @aitornavarro6597
    @aitornavarro6597 3 ปีที่แล้ว +4

    I have Etrade for individual stocks, options and short-term trading and Fidelity for Roth IRA and HSA. Vanguard with employer 401k.

    • @joeywakeman3098
      @joeywakeman3098  3 ปีที่แล้ว

      That’s a good combo!

    • @akin242002
      @akin242002 2 ปีที่แล้ว

      Fidelity for Roth IRA and E*trade for Options is a nice combo!

  • @simonsaythis
    @simonsaythis 3 ปีที่แล้ว +2

    Which is better for long term buying such as buying stocks with dividends? Thanks

  • @Alphajay86
    @Alphajay86 3 ปีที่แล้ว +2

    Very well done, much appreciated.

  • @augustoliver2779
    @augustoliver2779 2 ปีที่แล้ว +2

    This video is good. Why don’t you have more subscribers?

  • @oliverlopez3312
    @oliverlopez3312 3 ปีที่แล้ว +2

    Fractional shares… I was looking for, and I realized that to late, I already opened an account with E trade😭😭

  • @ilc-nl3yy
    @ilc-nl3yy 6 หลายเดือนก่อน

    I'm considering transferring my Etrade account to Robinhood because RH offers crypto and I can buy fractional shares. Is this a good idea? I'm not much of a big trader, so I assume it would be good to change.

  • @MajidGhori
    @MajidGhori 3 ปีที่แล้ว +1

    Well explained. I appreciate your help.

  • @amastal1
    @amastal1 3 ปีที่แล้ว +15

    I love E*TRADE it’s just perfect for me no needed fraction shares

    • @Ray-ei2ro
      @Ray-ei2ro 3 ปีที่แล้ว +1

      ...difficulty just logging in to E Trade.

    • @LeePhan79
      @LeePhan79 3 ปีที่แล้ว +3

      Robinhood is great for poor beginners like me. I cant afford $60K per bitcoin like you so I have to do fractional.

    • @ethan.brossart3634
      @ethan.brossart3634 3 ปีที่แล้ว +1

      Same here I just don't like that I can't buy crypto

    • @kevinsanmateo4781
      @kevinsanmateo4781 3 ปีที่แล้ว +1

      @@LeePhan79 bro u can buy fractions of Bitcoin on any crypto exchange

  • @BTBLive
    @BTBLive 11 หลายเดือนก่อน

    Etrade has become terrible. Customer service and low sweep interest alone are reasons not to use this firm.

  • @empoweredpersonalgrowthboo3787
    @empoweredpersonalgrowthboo3787 3 ปีที่แล้ว +6

    Great to hear perspective on different platforms. Thanks mate!

  • @EricaZetterquist
    @EricaZetterquist 3 ปีที่แล้ว +5

    started using robinhood about a month ago, wish i would have found your channel sooner!!

  • @amandamajor7340
    @amandamajor7340 3 ปีที่แล้ว

    Hey thanks! Super helpful!

    • @arianaphillips241
      @arianaphillips241 3 ปีที่แล้ว

      If you need a guide
      That's his gee
      Mail
      Address

    • @arianaphillips241
      @arianaphillips241 3 ปีที่แล้ว

      Jasonscott9998
      He'll assist you for free

  • @fififinance7469
    @fififinance7469 3 ปีที่แล้ว +4

    we dont have either of these platforms in the UK - but i think 212 is the closest with a lot of the features like fractional and pies...

    • @joeywakeman3098
      @joeywakeman3098  3 ปีที่แล้ว +2

      Fractional shares are amazing! Thanks for watching Fifi

  • @ThinkMoneyBenny
    @ThinkMoneyBenny 3 ปีที่แล้ว +10

    Fidelity all the way✅
    and buy the dip! It’s a bloodbath out there today!🍎

    • @joeywakeman3098
      @joeywakeman3098  3 ปีที่แล้ว +4

      Haha I'll definitely make a video comparing robinhood and fidelity sometime in the future. I use both but for different reasons. Thanks for watching Benny!

  • @MrLopaka99
    @MrLopaka99 9 หลายเดือนก่อน

    Real-time data cosr weren't mentioned

  • @brynwest4495
    @brynwest4495 2 ปีที่แล้ว +1

    Interactive brokers is the way to go

  • @joeywakeman3098
    @joeywakeman3098  3 ปีที่แล้ว +3

    If you want to earn interest on your crypto like I do, sign up for BlockFi using my referral link, deposit $100+ and we'll each get up to $250 of free Bitcoin! blockfi.com/?ref=168dba84
    Get $10 of Bitcoin free with Coinbase when you buy $100+ of crypto - coinbase.com/join/wakema_rz?src=ios-link
    Get one free stock with Robinhood - join.robinhood.com/josephw3417

  • @jamemee8795
    @jamemee8795 3 ปีที่แล้ว +2

    I don't do business with close phone call like robinhood and vebull

    • @joeywakeman3098
      @joeywakeman3098  3 ปีที่แล้ว +1

      The lack of customer service is rough! Thanks for watching!

  • @boating2strokenovice726
    @boating2strokenovice726 3 ปีที่แล้ว +1

    I'm with etrade and my commission fees are only $4.99 not $6.99. Plus you should point out that fees are deductions against capital gains tax so discussing the fees isn't a big deal if you make thousands of dollars in gains. The only benefit to robin hood is fractional share purchases.

  • @trees5452
    @trees5452 3 ปีที่แล้ว

    Any single Limit Buy / Sell Order types in E-Trade covering both Market & After Market hours ? ie, a single order type that will be placed / active from 7am to 8pm for 60 days ? Robinhood has such order types (extended hours). thank you for your response..

  • @thelevelswithbronia-financ6304
    @thelevelswithbronia-financ6304 3 ปีที่แล้ว +1

    Yah hey security problems at robbin hood it a turn off.
    Like 83 let grow

  • @arianaparrish1238
    @arianaparrish1238 2 ปีที่แล้ว +1

    Random, your skin is flawless! - But thank you for this!

  • @mrme9517
    @mrme9517 2 ปีที่แล้ว +1

    Soon as robinthehood releases wallets I'm leaving that crap app

    • @joeywakeman3098
      @joeywakeman3098  2 ปีที่แล้ว

      Definitely need wallets for crypto asap

  • @Ray-ei2ro
    @Ray-ei2ro 3 ปีที่แล้ว +1

    E Trade has software and customer service issues bigtime...be careful

    • @akin242002
      @akin242002 3 ปีที่แล้ว

      Especially customer service. Although if you get platinum status, the customer service is far better.

  • @andyliz1386
    @andyliz1386 2 ปีที่แล้ว

    I am new to this game. I bought some stocks, somehow I managed to sell them (still don't know how I did it) and the money appears as "Net Asset". However, it is not purchase money!!!. How do I convert the "asset money" into purchase money? Had I known how bad the etrade customer service is, I probably wouldn't start this game. Whenever I call them, I am being kept on the line fr 2 hrs and then lady tells me she will transfer me to broker who never picks the phone! Outrageous! Would someone help me with this guagmire, please?

  • @fayazgg_
    @fayazgg_ 3 ปีที่แล้ว +2

    Succinct and clear content. I also like the quality of the video and sound.

  • @JGGarcia-kh8uq
    @JGGarcia-kh8uq ปีที่แล้ว

    Just what I've been looking for, I know this video is old but hey! Still helped me, Thanks!

  • @abetteryou296
    @abetteryou296 3 ปีที่แล้ว +1

    I am switching over to E*TRADE. Robinhood execution has been so bad.

    • @cryptowendyo6151
      @cryptowendyo6151 3 ปีที่แล้ว

      It has not been easy for me since I started investing in forex trading and E*trade I have work with many traders due some are good but the lose is greater than the gains but since my friend introduced me to Mr Charles forex trading i have never loss any trade now I really know that forex trading is really profitable and reliable..
      With the help of Mr Charles I no more bother about financial issues you can reach him on this .....

    • @cryptowendyo6151
      @cryptowendyo6151 3 ปีที่แล้ว

      Charlesclinton877@gmail.com. )

  • @RideTheFuture
    @RideTheFuture 3 ปีที่แล้ว +1

    Great video - nice and clear and easy to understand! One note for your end screen: It covers important information you are giving at the very end. You could just edit the end screen and move the left video further to the left and it'll be fixed. I recommend (and make this choice with all my current vids on my channel: I leave 6 seconds of black at the end for the sole purpose of the end screen.
    Keep up the helpful and great work!

    • @joeywakeman3098
      @joeywakeman3098  3 ปีที่แล้ว

      Oh good catch, thanks for the advice!

  • @olheghtt
    @olheghtt ปีที่แล้ว

    3:40 forced to spend all on one stock... No way that can be right! No way, that has nothing to do with fractional shares.

  • @moneymindset7390
    @moneymindset7390 3 ปีที่แล้ว

    how do you edit your videos?

  • @dayanarasaldarriaga6437
    @dayanarasaldarriaga6437 3 ปีที่แล้ว +2

    Can you do a video of custodial stock accounts in e trade or any in general

  • @danilomartinez1070
    @danilomartinez1070 2 ปีที่แล้ว +1

    How come they only let you do day trade up to 3 times in a 5 business days?

    • @joeywakeman3098
      @joeywakeman3098  2 ปีที่แล้ว

      Yeah it sucks. It’s a US law I believe.

  • @jamu12
    @jamu12 3 ปีที่แล้ว +1

    What microphone are you using?

    • @joeywakeman3098
      @joeywakeman3098  3 ปีที่แล้ว +1

      A Rode Video Micro, then Adobe Audition to edit. Thanks for watching!

  • @dillonalexander6689
    @dillonalexander6689 3 ปีที่แล้ว +1

    I just transferred my holdings from RH to Etrade and I didn't see any fees. Should I expect a charge after the transfer?

  • @babylyngriffiths2850
    @babylyngriffiths2850 3 ปีที่แล้ว +1

    Hi Joey,
    I know you are getting a lot of emails dunno if you will see this.
    I just really want to inquire where can I install a trading app with
    ? I'm a non-US citizen here in dubai.
    I really really appreciate this. Godbless.
    Regards,
    Babylyn Frogoso

    • @joeywakeman3098
      @joeywakeman3098  3 ปีที่แล้ว

      Hi Babylyn, thanks for commenting but I’m not sure which apps you can use in Dubai. You might have to do some searching on Google to find out. Thanks for watching!

    • @joelcramel4871
      @joelcramel4871 3 ปีที่แล้ว

      Reach on chat

    • @joelcramel4871
      @joelcramel4871 3 ปีที่แล้ว

      Through whats app

    • @joelcramel4871
      @joelcramel4871 3 ปีที่แล้ว +1

      @@joeywakeman3098 +===4===4===7===8===2===8===4===8===1===9===7===1

    • @babylyngriffiths2850
      @babylyngriffiths2850 3 ปีที่แล้ว

      Joel Cramel hi

  • @strech8
    @strech8 3 ปีที่แล้ว +1

    Cool vid. Once i heard about the fees i chose robinhood

    • @joeywakeman3098
      @joeywakeman3098  3 ปีที่แล้ว +1

      Thanks for watching

    • @johnking5691
      @johnking5691 3 ปีที่แล้ว +2

      I bet you're sorry you picked Robinhood now.

  • @nmak4311
    @nmak4311 3 ปีที่แล้ว

    Thank you for being so detailed and your explanation nice and slow not speake too fast. Great job 👍👍👍👍👍👍❤️❤️❤️❤️

  • @AlexP-yb7gh
    @AlexP-yb7gh 3 ปีที่แล้ว +1

    this maybe a dumb question to ask but why not have both?

    • @joeywakeman3098
      @joeywakeman3098  3 ปีที่แล้ว

      Very true, I've got multiple brokerage accounts

  • @cirkuitshattter2249
    @cirkuitshattter2249 3 ปีที่แล้ว +2

    Good video I liked the editing

  • @ellaestaterealty
    @ellaestaterealty 3 ปีที่แล้ว +3

    Ouch that customer service rating haha emailing about customer service is the most so frustrating thing ever. I love robinhoods platform and so easy to understand for us noobies. Great video! Thank you for sharing.

  • @millon951
    @millon951 3 ปีที่แล้ว

    What company would you suggest that allows fractional share buying with only having an itin to open your account.

  • @Lifers
    @Lifers 2 ปีที่แล้ว +1

    I just use both

  • @succeedinfinance9344
    @succeedinfinance9344 3 ปีที่แล้ว +3

    Great review Joey! And nice, quality video. You won a new friend here. Will follow your channel with pleasure.

  • @PhantomO01
    @PhantomO01 2 ปีที่แล้ว

    E*Trade, don’t look back

  • @chickendesi1014
    @chickendesi1014 3 ปีที่แล้ว +1

    OMG so many words I dont even understand >.

  • @hectorservin2308
    @hectorservin2308 3 ปีที่แล้ว +4

    Robinhood charges $75 whether it’s partial or full transfers

  • @jelenapalaic9883
    @jelenapalaic9883 3 ปีที่แล้ว +1

    hey, thank you for your video.

  • @nomvula573
    @nomvula573 2 ปีที่แล้ว +1

    U the best💥💥💥💥

  • @money58610
    @money58610 3 ปีที่แล้ว

    Can I buy otc stocks on E*TRADE for free ?

  • @supercrossrm27
    @supercrossrm27 3 ปีที่แล้ว

    Isn't etrade you have to deposit $500 within 2 months?

    • @akin242002
      @akin242002 3 ปีที่แล้ว +2

      Not anymore. They got ride of it to be competitive with other investing brokers.

  • @chuggie436
    @chuggie436 2 ปีที่แล้ว

    Thank you!

  • @riorosario1
    @riorosario1 8 หลายเดือนก่อน

    Robinhood makes you wait to cash out your money.

  • @jamemee8795
    @jamemee8795 3 ปีที่แล้ว +1

    nice video

  • @yeseniaayala5119
    @yeseniaayala5119 3 ปีที่แล้ว

    I love your video. I'm looking for a app to trade commodities. Do you have suggestions. 😁

  • @emphyrio
    @emphyrio 2 ปีที่แล้ว +2

    Etrade all day, great customer service, great app, minimal cost.

    • @joeywakeman3098
      @joeywakeman3098  2 ปีที่แล้ว

      Good points, thanks for watching!

    • @akin242002
      @akin242002 ปีที่แล้ว

      Customer service with E*Trade is bad, minus Platinum status members. Also, slow deposit times (2-4 business days).
      Every other thing about E*Trade is very good. Good execution speed on option trades, frequent option trade discount, good charts, low expense ratio index mutual funds from Charles Schwab or Vanguard for IRAs, fractional shares for the top 100 ETFs, a variety of IRA accounts, a custodial account, and a high interest savings account.

  • @AndyMc1952
    @AndyMc1952 3 ปีที่แล้ว

    They both rip you off big time

    • @arianaphillips241
      @arianaphillips241 3 ปีที่แล้ว

      If you need a better recommendation
      That's his gee
      Mail
      Address

    • @arianaphillips241
      @arianaphillips241 3 ปีที่แล้ว

      Jasonscott9998
      He'll assist you

  • @nolivesmatter6108
    @nolivesmatter6108 3 ปีที่แล้ว

    What about instant deposits?

    • @cryptowendyo6151
      @cryptowendyo6151 3 ปีที่แล้ว

      It has not been easy for me since I started investing in forex trading and E*trade I have work with many traders due some are good but the lose is greater than the gains but since my friend introduced me to Mr Charles forex trading i have never loss any trade now I really know that forex trading is really profitable and reliable..
      With the help of Mr Charles I no more bother about financial issues you can reach him on this .....

    • @cryptowendyo6151
      @cryptowendyo6151 3 ปีที่แล้ว

      Charlesclinton877@gmail.com. )

  • @lipstick318
    @lipstick318 3 ปีที่แล้ว +1

    Thank you...

  • @idllyicallY_
    @idllyicallY_ 2 ปีที่แล้ว

    Great info thanks for sharing