Robinhood Alternatives—How To Open an Account With Cash App and E-Trade Published Jan 28, 2021 at 12:15 PM EST By Soo Kim ...

The company charges $9.99 per trade if you makes fewer than 150 trades per quarter, and $7.99 per trade if you make more than 150 (you can find out more about E*TRADE's pricing here).

With a retirement account, you deposit money in a traditional individual retirement account (IRA) or a Roth IRA. If you’re self-employed, you could choose to open a solo 401 (k) or a SEP IRA.

SoFi has savings account perks that you won’t find with E*TRADE, which is mainly an account for investors. However, you can’t open a standalone checking or savings account with SoFi.

You'll also be given the option to access money in your E*TRADE account with a debit card and/or an E*TRADE checkbook. You'll need at least $1,000 in the account to do do either of these.