E*TRADE

4.3(1.900 reviews)

Established US broker by Morgan Stanley with strong options platform

SEC/FINRA RegulatedSince 1982

Trust Score

Very Good

Ready in 2 minutes

* 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

Instruments

SEC/FINRA

Regulation

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

Ready to Trade with E*TRADE?

Discover E*TRADE and start your trading journey today.

Open Free Account Now

Ready in just 2 minutes

* 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.