EverTrade Review

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EverTrade Direct Brokerage customer reviews: complaints, feedback from clients, pros and cons. Is the broker good and safe?

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EverTrade Customer Reviews

by Thomas, 2/16/2018

Pros: It is connected to EverBank which happens to be my bank.

Cons: Sky high ANNUAL fees for maintaining IRAs. The wbsite's user interface is confusing and important information is difficult to obtain/navigate. Fees per trade ($9) is not bad but it is in no way competitive with other brokerages.

I am happy to say that I will be moving my account out of EverTrade and into a different NO ANNUAL FEE brokerage. Good riddance EverTrade.

by beautifuleyes, 3/24/2013

Pros: Appealing money-market rate

Cons: Poor customer service

Confusing/incomplete statements
Unfair fees for IRA's
Poor online banking set-up


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Leading U.S. Brokerage Review Websites About EverTrade

"EverTrade is an expensive brokerage firm. We like its parent company's banking rates but there are much better deals in the very competitive online broker industry. We recommend opening account at EverTrade only if you are an inactive mutual funds investor who is already using or wants to use EverBank's banking products."

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EverTrade Trading Fees

  • Stocks/ETFs: $9 for up to 10,000 shares; $9 + $0.01 per share for over 10,000 shares
  • Options: $10 + $1 per contract
  • Mutual Funds: $20

Minimum to open: $1,500

About EverTrade

EverTrade Direct Brokerage, Inc. is a registered SEC broker/dealer and FINRA/SIPC member - www.finra.org, www.sipc.org. Foreign investing involves special risks such as currency, economic, political and social instability in addition to varying accounting and disclosure standards. Be sure you understand these risks prior to investing.

EverTrade Direct Brokerage, Inc. is a subsidiary of EverBank. Investment products and services are provided by EverTrade Direct Brokerage, Inc. and: Are Not FDIC Insured, Are Not Bank or Government Guaranteed, Are Not Deposits of EverBank, May Lose Value

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