E*TRADE
FeaturedFreemiumEstablished online brokerage with powerful tools now part of Morgan Stanley
๐Online BrokeragesAbout E*TRADE
E*TRADE, now a subsidiary of Morgan Stanley, is a pioneer in online brokerage offering zero-commission trading, the Power E*TRADE platform for active traders, and a comprehensive range of investment products. The integration with Morgan Stanley has expanded E*TRADE's capabilities to include access to Morgan Stanley research and workplace stock plan management.
What's Great
- โPower E*TRADE platform offers excellent options and futures trading tools
- โMorgan Stanley integration provides premium research access
- โWide range of investment products including managed portfolios
- โStrong mobile app for both casual and active investors
- โComprehensive retirement account options and planning tools
Watch Out For
- !Some advanced features are only available on specific platforms
- !Mutual fund commissions apply for non-NTF funds
- !Account interface can feel fragmented between E*TRADE and Morgan Stanley
- !Margin rates are higher than some discount competitors
Common Use Cases
Options trader wanting powerful analysis tools on Power E*TRADE
Employee with Morgan Stanley stock plans wanting an integrated brokerage
Active trader seeking a well-established platform with comprehensive tools
Pricing Model
Freemium
Free plan available. Paid plans unlock advanced features and higher limits.
Category
Online Brokerages
Full-service and discount brokerages for trading stocks, ETFs, options, and bonds.
Tags
More Online Brokerages Tools
See all โFidelity Investments
Full-service brokerage with zero-commission trades and industry-leading research
Charles Schwab
Leading full-service brokerage with excellent customer service and branch network
Vanguard
Pioneer of index investing with the lowest-cost funds in the industry
Robinhood
Commission-free trading app that democratized investing for a new generation