Affirm vs. E*TRADE

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Affirm
Score 8.4 out of 10
N/A
Affirm, headquartered in San Francisco, offers their dynamic payment system for ecommerce, supporting payments broken out into installments to accommodate shopper preference.N/A
E*TRADE
Score 1.8 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
AffirmE*TRADE
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
AffirmE*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
AffirmE*TRADE
Top Pros
Top Cons

No answers on this topic

Best Alternatives
AffirmE*TRADE
Small Businesses
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Medium-sized Companies
Apple Pay
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Score 9.3 out of 10
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Score 7.9 out of 10
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No answers on this topic

All AlternativesView all alternativesView all alternatives
User Ratings
AffirmE*TRADE
Likelihood to Recommend
8.5
(4 ratings)
1.7
(5 ratings)
Usability
10.0
(1 ratings)
-
(0 ratings)
User Testimonials
AffirmE*TRADE
Likelihood to Recommend
Affirm
We use Affirm with a Woocommerce/Wordpress website and there is a plugin that integrates Affirm for us. We also use a payment method plugin that limits Affirms availability only to products that they support. Generally, we have had a good experience with integration and payments from Affirm to us are consistent and timely. People finance guitars, pedals, and amplifiers and it offers us a way to reach a customer base that may not otherwise purchase from us.
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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
Affirm
  • Easy installation.
  • Great customer service.
  • Painless pay as you go software.
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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
Affirm
  • We haven't had any issues as of yet, we are very happy with everything.
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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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Usability
Affirm
Easy to use, simple to integrate, especially if you are using Shopify Plus. Putting everything live and active was easy. We did have to do some simple HTML/CSS to make everything look the way that we wanted it to, but that was very easy and something that we did in house. If you can do some simple style work, you won't have any issues at all.
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E*TRADE
No answers on this topic
Alternatives Considered
Affirm
We have not used any payment plans before, this was the first for the company.
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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
Affirm
  • Higher average order value.
  • Mores sales.
  • Better user experience.
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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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