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E*TRADE

4.3(1.900 reviews)

Established US broker by Morgan Stanley with strong options platform

SEC/FINRA RegulatedSince 1982
86
Trust Score
Very Good
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* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

0 $
Min. Deposit
6
Instruments
SEC/FINRA
Regulation
3
Platforms

Key Features

Stocks

Stocks trading available

ETFs

ETFs trading available

Options

Options trading available

Bonds

Bonds trading available

Mutual Funds

Mutual Funds trading available

Futures

Futures trading available

E*TRADE Web

Trading Platform

Power E*TRADE

Trading Platform

E*TRADE App

Trading Platform

Advantages

  • Power E*TRADE – excellent options platform
  • Commission-free stock and ETF trading
  • Part of Morgan Stanley – high security
  • Comprehensive education and analysis tools

Disadvantages

  • Only available for US customers
  • International markets not available
  • Futures fees higher than specialized providers

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* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

About E*TRADE

E*TRADE was founded in 1982 in New York and has been part of Morgan Stanley since 2020. As one of the pioneers of online brokerage, E*TRADE offers commission-free trading of stocks and ETFs as well as one of the best options platforms on the market. SEC/FINRA regulation and Morgan Stanley ownership ensure the highest security standards. The product range includes stocks, ETFs, options, bonds, mutual funds, and futures. Options cost 0.65 dollars per contract, with active traders making over 30 trades per quarter receiving a reduced price of 0.50 dollars. The Power E*TRADE platform is specifically designed for options traders. E*TRADE is excellent for options traders and active traders seeking a powerful platform with comprehensive analysis tools. The combination of commission-free stock trading and professional options tools makes E*TRADE a first-class choice for demanding US investors.

E*TRADE FAQ

What is Power E*TRADE?
Power E*TRADE is E*TRADE's advanced trading platform specifically designed for options traders. It offers visual options analysis, strategy scanners, and risk assessments.
Does E*TRADE belong to Morgan Stanley?
Yes, E*TRADE was acquired by Morgan Stanley in 2020. This provides additional security and expanded access to research and financial services.
How high are the options fees at E*TRADE?
Options cost 0.65 dollars per contract. Active traders with over 30 trades per quarter receive a reduced price of 0.50 dollars per contract.
Does E*TRADE offer futures trading?
Yes, E*TRADE offers futures trading, though fees are higher than at specialized futures brokers like NinjaTrader or AMP Global.
Strategies × Top Stocks

Popular Strategies to Try

Concrete example trades you can replicate after opening your account at E*TRADE.

Tesla logo
Long Straddle
TSLA

Long Straddle · Tesla

Tesla Inc.

Highly volatile — no clear direction · highly volatile mover

IV 5095%View example trade
NVIDIA logo
Long Straddle
NVDA

Long Straddle · NVIDIA

NVIDIA Corporation

Highly volatile — no clear direction · volatile stock

IV 4080%View example trade
Apple logo
Covered Call
AAPL

Covered Call · Apple

Apple Inc.

Neutral to mildly bullish · calm stock

IV 2032%View example trade
SAP logo
Covered Call
SAP

Covered Call · SAP

SAP SE

Neutral to mildly bullish · calm stock

IV 1830%View example trade
Amazon logo
Cash-Secured Put
AMZN

Cash-Secured Put · Amazon

Amazon.com Inc.

Neutral to mildly bullish · medium-volatility stock

IV 2542%View example trade
S&P 500 ETF logo
Iron Condor
SPY

Iron Condor · S&P 500 ETF

SPDR S&P 500 ETF

Neutral / Sideways · calm stock

IV 1222%View example trade
Nasdaq-100 ETF logo
Iron Condor
QQQ

Iron Condor · Nasdaq-100 ETF

Invesco QQQ ETF (Nasdaq-100)

Neutral / Sideways · calm stock

IV 1628%View example trade
Palantir logo
Bull Call Spread
PLTR

Bull Call Spread · Palantir

Palantir Technologies Inc.

Bullish · highly volatile mover

IV 5590%View example trade
MicroStrategy logo
Bull Call Spread
MSTR

Bull Call Spread · MicroStrategy

MicroStrategy Inc.

Bullish · highly volatile mover

IV 85160%View example trade
Coinbase logo
Bear Put Spread
COIN

Bear Put Spread · Coinbase

Coinbase Global Inc.

Bearish · highly volatile mover

IV 65120%View example trade
Microsoft logo
Butterfly Strategy
MSFT

Butterfly Strategy · Microsoft

Microsoft Corporation

Neutral — stock expected to stay near the center strike · calm stock

IV 1830%View example trade
NVIDIA logo
Bull Call Spread
NVDA

Bull Call Spread · NVIDIA

NVIDIA Corporation

Bullish · volatile stock

IV 4080%View example trade