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E*TRADE from Morgan Stanley Review, Pricing, and Features

By Jera Value · Verified Sep 2026

E*TRADE from Morgan Stanley combines brokerage accounts with research and trading tools on web, desktop, and mobile. Choose from taxable, retirement, custodial, and other eligible accounts, then research stocks, funds, options, bonds, or CDs. Power E*TRADE supports more active trading workflows. Selected fractional securities and transfer tools add flexibility. Check the cash-sweep rate and product-specific terms: uninvested cash can earn little, and some services use separate accounts.

Verdict

Worth it if you want U.S. brokerage and retirement accounts with Power E*TRADE tools.

  • Active research: use Power E*TRADE across devices
  • Retirement saving: compare eligible IRA and account types
  • Investment range: research funds, options, bonds, and CDs

Skip it if you need competitive interest on the default cash sweep.

  • Low cash yield: standard sweep starts at 0.01% below $500,000
  • Fractional limits: only selected securities and order types qualify
  • Separate terms: crypto and other specialist products use different arrangements
E*TRADE from Morgan Stanley logo

E*TRADE from Morgan Stanley

us.etrade.com

Web / Mobile / Desktop · How this site is funded

Pricing

Key fees from the official fee schedule

Source-checked · Aug 23, 2026

Online U.S. exchange-listed stocks and ETFs

$0 commission

Online options

$0 base + $0.65 per contract

Online secondary bonds and CDs

$1 per bond; $10 minimum and $250 maximum

The Bank Deposit Program is brokerage cash sweep. Morgan Stanley Private Bank checking and Premium Savings are separate bank products and their promotional APYs are not brokerage cash rates. This profile covers Morgan Stanley Smith Barney self-directed brokerage. Core Portfolios, private-bank accounts, futures, direct crypto, and stock-plan services have separate terms or entities. See the E*TRADE from Morgan Stanley fee schedule for your country.

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Key features

  • Account choices

    Open eligible taxable, retirement, custodial, education, trust, estate, or business accounts.

  • Power E*TRADE

    Use research and trading tools across web, desktop, and mobile platforms.

  • Investment selection

    Trade stocks, ETFs, options, mutual funds, bonds, CDs, and eligible fractions.

  • Research tools

    Use screeners, watchlists, and portfolio views.

  • Funding and records

    Move money through supported methods and access tax forms or statements.

  • Separate crypto account

    Access crypto trading through a separate Zero Hash account.

Broker details

Account and availability

Available in 1 country

United States

Account

Individual and joint taxable brokerage, Traditional, Roth, rollover, SEP and SIMPLE IRA, Custodial and Coverdell education accounts, Trust, estate, business and investment-club accounts · USD base currency · $0 standard brokerage minimum

Cash and trading

Interest on uninvested cash

0.01%, 0.05%, or 0.15% APY by balance tier

Deposits

Standard ACH transfer has no stated E*TRADE fee

ACH, wire, check, direct deposit or account transfer · ACH up to 3 days; check up to 5 days; qualifying wire same day

Withdrawals

Varies by method

ACH Transfer Money, wire or check

Fractional shares

Limited availability

Eligible listed Reg-NMS stocks, ETFs and ETPs · $5 minimum; quantity to 3 decimals

Tax support · United States

Country tax report provided

Regulation and protection

Morgan Stanley Smith Barney LLC

SEC and FINRA; member SIPC · CRD 149777; SEC 8-68191

Securities Investor Protection Corporation (SIPC) · $500,000, including a $250,000 cash limit

Covers missing eligible assets after broker failure, not market loss. Morgan Stanley also maintains excess coverage with a $1 billion aggregate firmwide cap and $1.9 million client cash sublimit.

FDIC Bank Deposit Program · Up to $500,000 individual or $1,000,000 joint when conditions are met

Coverage is $250,000 per depositor, ownership category and participating bank, aggregated with other deposits at each bank. Bank-sweep cash is not SIPC-covered.

Source-checked · Reviewed Aug 23, 2026 · Official sources: Morgan Stanley Smith Barney LLC broker registration, Client agreement for self-directed accounts, Forms and applications, Choosing an investing account, Pricing and rates, Asset protection, Sweep rates, Open an account FAQs, Transfer Money disclosure, Fractional shares, Tax checklist

FAQ

Is E*TRADE from Morgan Stanley free?

E*TRADE from Morgan Stanley should not be treated as free software. Brokerage access may have no monthly charge, but transaction, FX, market-data, custody, transfer, product, or spread costs can apply depending on the offer and jurisdiction. Check the broker details and official fee schedule.

Who is E*TRADE from Morgan Stanley best for?

It suits beginner, intermediate, and advanced users.

What platforms and connections does E*TRADE from Morgan Stanley support?

You can use E*TRADE from Morgan Stanley on Web, Mobile, and Desktop.

Which markets does E*TRADE from Morgan Stanley cover?

E*TRADE from Morgan Stanley covers North America. It tracks Stocks, ETFs, Options, Bonds, Mutual Funds, and Cryptos. Identifiers include Ticker and CUSIP.

Tool details

Highlights

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Asset types

  • Stocks
  • ETFs
  • Options
  • Bonds
  • Mutual Funds
  • Cryptos

Coverage regions

Alternatives

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Comparisons

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Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.