E*TRADE vs. Finicity Connect

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
E*TRADE
Score 4.0 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
Finicity Connect
Score 8.8 out of 10
N/A
Finicity Connect, now from Mastercard, is a fintech software that aims to make the consumer permissioning process simpler and faster. Finicity Connect links to the vast majority of financial institutions, providing an open banking APIs designed to put consumers in control of their financial data for additional security.N/A
Pricing
E*TRADEFinicity Connect
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
E*TRADEFinicity Connect
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
E*TRADEFinicity Connect
Top Pros

No answers on this topic

Top Cons

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Best Alternatives
E*TRADEFinicity Connect
Small Businesses
Coinbase
Coinbase
Score 8.0 out of 10

No answers on this topic

Medium-sized Companies
Coinbase
Coinbase
Score 8.0 out of 10
FloQast
FloQast
Score 9.3 out of 10
Enterprises

No answers on this topic

FloQast
FloQast
Score 9.3 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
E*TRADEFinicity Connect
Likelihood to Recommend
3.3
(6 ratings)
10.0
(1 ratings)
User Testimonials
E*TRADEFinicity Connect
Likelihood to Recommend
E*TRADE
It is well suited for investment in common stocks, bonds, and other commercial paper. It is well suited for purchasing foreign stocks. It is not presently appropriate for other investment opportunities involving private stocks or limited issues. Extracting funds can be a challenge from time to time. Collecting data on investment opportunities is not always easy to do.
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Mastercard
It's a very comprehensive and plenty of features as compared to its competitors. I like how it shorten the time it takes to verify account details, monitor balances or create verification reports easily. I like how it makes the consumer permission process super simple and intuitive and makes them fast to data needed to provide service instantly.
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Pros
E*TRADE
  • Gives you graphic on how a stock is doing.
  • Gives you some insight to the company background.
  • Lets you track how your investments are doing.
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Mastercard
  • Free access to our API endpoints.
  • Helps to connect supports the TSP protocol to secure our user credentials when accessing information from our financial institutions.
  • Integrate and connect anywhere within our web or mobile app using iFrame.
  • Connect SDK resources for both web and mobile apps.
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Cons
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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Mastercard
  • Some features are complicated. Needs more training.
  • The Finicity Connect API documentation is not available in all areas.
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Alternatives Considered
E*TRADE
E*TRADE allows ease of use and reasonable fees. We selected E*TRADE because they offer the set of applications we were seeking. We do not have to pay for expensive service access that we do not use. E*TRADE is compatible with our systems and their reporting has been simple to integrate into our systems.
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Mastercard
It allows our customers to grant Finicity authorisation and use of their account credentials to access their financial data. I like how it integrate Connect anywhere within our web or mobile apps using iFrame. Connect SDK resources for both web and mobile apps. Add more Security features to our clients data. The support is great for all our needs.
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Return on Investment
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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Mastercard
  • Insights into customer-focused fintech innovation.
  • Phenomenal end-users experience.
  • Highest level security for our clients data.
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