BlockFi Prime (discontinued) vs. E*TRADE

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
BlockFi Prime (discontinued)
Score 8.7 out of 10
N/A
BlockFi Prime is a crypto-trading platform that provides 24/7 access to cryptocurrency markets and loans working capital for trading purposes. On November 28, 2022, BlockFi filed chapter 11 bankruptcy.N/A
E*TRADE
Score 1.2 out of 10
N/A
E*TRADE is a financial services company and pioneer in the online brokerage industry. Having executed the first-ever electronic trade by an individual investor more than 30 years ago, the Company focused on delivering complete and easy-to-use solutions for traders, investors and stock plan participants.N/A
Pricing
BlockFi Prime (discontinued)E*TRADE
Editions & Modules
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Offerings
Pricing Offerings
BlockFi Prime (discontinued)E*TRADE
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details$0--Stocks, options, and ETFs/ $0.65 50¢ with 30+ trades per quarter--Options contracts/ $1.50--Futures contracts/ $1.00 per bond, (minimum $10, maximum $250)--Bonds (online secondary trades)
More Pricing Information
Community Pulse
BlockFi Prime (discontinued)E*TRADE
User Ratings
BlockFi Prime (discontinued)E*TRADE
Likelihood to Recommend
-
(0 ratings)
1.2
(5 ratings)
User Testimonials
BlockFi Prime (discontinued)E*TRADE
Likelihood to Recommend
Discontinued Products
No answers on this topic
E*TRADE
During the COVID pandemic, the airline companies were taking a big hit on travel and I saw this as a great opportunity to invest in airline stock because its value in the market had dropped tremendously. I used this opportunity to invest in multiple airline stocks through e-trade by buying the stock at an all-time low for airline stock. It was a great investment for me in the long term.
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Pros
Discontinued Products
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E*TRADE
  • I like their sell orders that allow you to set a price or percentage as a stop loss.
  • Their dashboard is easy to use and gives you some quick info.
  • I also like E*TRADE's reports for gains and losses.
  • Moving funds into and out of your accounts is pretty simple with E*TRADE.
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Cons
Discontinued Products
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E*TRADE
  • summary page needs to have more details like it doesn't show current market price for an option purchased
  • purchase or sell needs to be user friendly so it takes less time.
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Alternatives Considered
Discontinued Products
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E*TRADE
robinhood is similar to e-trade but they are geared more to bitcoin and companies that may not be offered on E*TRADE because they are off-market companies.
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Return on Investment
Discontinued Products
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E*TRADE
  • Limit how much you want invest.
  • This is an open trade website and there is a risk of losing your money based on your investments.
  • If you make some sound investments and keep yourself within a budgeted spending limit there is the opportunity to make money on e-trade.
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