E*TRADE vs. Plaid

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
E*TRADE
Score 4.3 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
Plaid
Score 9.0 out of 10
N/A
Plaid in San Francisco offers a suite of applications supporting banks with risk management and customer account management features. Plaid is used by digital financial apps and services like Betterment, Expensify, Microsoft and Venmo, and by banks to make it easier for consumers to connect their financial accounts with the apps and services they want to use. Plaid connects with over 11,000 financial institutions across the U.S, Canada and Europe.
$500
per month
Pricing
E*TRADEPlaid
Editions & Modules
No answers on this topic
Scale
500+
per month
Test
Free
Launch
Pay as you go
Offerings
Pricing Offerings
E*TRADEPlaid
Free Trial
NoNo
Free/Freemium Version
NoYes
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)Contact sales team for additional pricing. There may be one-time fees, subscription fees, per-request flat fees, or payment initiation fees depending on your needs.
More Pricing Information
Community Pulse
E*TRADEPlaid
Top Pros

No answers on this topic

Top Cons

No answers on this topic

Best Alternatives
E*TRADEPlaid
Small Businesses
Coinbase
Coinbase
Score 8.0 out of 10
Square Invoices
Square Invoices
Score 9.2 out of 10
Medium-sized Companies
Coinbase
Coinbase
Score 8.0 out of 10
Apple Pay
Apple Pay
Score 9.1 out of 10
Enterprises

No answers on this topic

Adyen
Adyen
Score 8.8 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
E*TRADEPlaid
Likelihood to Recommend
3.6
(6 ratings)
10.0
(1 ratings)
User Testimonials
E*TRADEPlaid
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.
Read full review
Plaid
Plaid is extremely well suited to be your payment API if you're a start-up looking to scale your banking connections fast and securely. Their API is fully functional upon integration. Most end-users have encountered Plaid before so it's a trusted platform for many consumers so even if you're a new app, users feel comfortable connecting their bank through Plaid.
Read full review
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.
Read full review
Plaid
  • Plaid connects with 100s of US consumer banks.
  • Plaid continuously updates its software to meet the requirements of individual banks.
  • Plaid can get your company's payment processing up and running faster than traditional methods.
Read full review
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.
Read full review
Plaid
  • Consumer feedback or troubleshooting typically comes back to us because Plaid doesn't have an easy way of re-routing support once a user encounters a problem.
  • Update timelines could be clearer when they are working on updating a connection with a certain bank.
  • The search functionality for the user to find their bank could be a little more robust.
Read full review
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.
Read full review
Plaid
No answers on this topic
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.
Read full review
Plaid
  • Plaid got us up and running with most US-based and even some international banks with minimal engineering effort.
Read full review
ScreenShots