★ BEST INVESTING TOOLS COMPARISON ★
VOL. XCIV, NO. 247
Tool details checked July 17, 2026
Tool Comparison
E*TRADE from Morgan Stanley vs TD Direct Investing
Pick E*TRADE from Morgan Stanley if
E*TRADE from Morgan Stanley
Transaction-priced · Fees vary by offer and jurisdiction · Web · Mobile · Desktop
- You care about advanced order types, something TD Direct Investing doesn't offer
Pick TD Direct Investing if
TD Direct Investing
Transaction-priced · Fees vary by offer and jurisdiction · Web · Mobile
Skip both if: Neither one clicks with how you research; there are strong third options.
See alternativesOutbound links may include affiliate or sponsor codes.
Our take
The bottom line
E*TRADE from Morgan Stanley and TD Direct Investing cover a lot of the same ground (5 shared categories, including brokerage, portfolio, and watchlist), so for the basics you won't go far wrong with either. On paper they're closely matched, so let pricing, platform fit, and the details below break the tie.
What readers say
E*TRADE from Morgan Stanley
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TD Direct Investing
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See for yourself
How they stack up
The side-by-side table: pricing, platforms, data, and coverage at a glance.ShowHide
How they stack up
The side-by-side table: pricing, platforms, data, and coverage at a glance.| Attribute | ||
|---|---|---|
| Pricing & plans | ||
Starting price | Transaction-priced · Fees vary by offer and jurisdiction | Transaction-priced · Fees vary by offer and jurisdiction |
Free tier | No | No |
Free trial | — | — |
| Platforms & access | ||
Web app | Yes | Yes |
Desktop app | Yes | No |
Mobile app | Yes | Yes |
API access | No | No |
| Audience & fit | ||
Experience level | Beginner, Intermediate, Advanced | Beginner, Intermediate, Advanced |
Best for | — | — |
Categories covered | 6 | 5 |
Regions | North America | North America |
| Try it | Visit E*TRADE from Morgan Stanley | Visit TD Direct Investing |
Where each one shines
What E*TRADE from Morgan Stanley and TD Direct Investing each do best.ShowHide
Where each one shines
What E*TRADE from Morgan Stanley and TD Direct Investing each do best.What E*TRADE from Morgan Stanley does best
- Self-directed taxable, IRA, custodial, education, trust, estate, and eligible business accounts.
- E*TRADE and Power E*TRADE web, desktop, and mobile trading workflows.
- Stocks, ETFs, options, mutual funds, bonds, CDs, and selected fractional listed securities.
- ACH, wire, check, direct-deposit, and brokerage-transfer funding methods.
- Default FDIC Bank Deposit Program sweep with tiered variable APY.
What TD Direct Investing does best
- Canadian and U.S. stocks at $9.99 standard or $7 Active Trader pricing.
- Eligible stock and ETF partial-share trades for $1.99.
- Options, mutual funds, bonds, GICs and other fixed income.
- Cash, margin and major Canadian registered account types.
- WebBroker, TD mobile app, Advanced Dashboard and research tools.
Every detail we compared
Every tracked attribute for E*TRADE from Morgan Stanley and TD Direct Investing, side by side.ShowHide
Every detail we compared
Every tracked attribute for E*TRADE from Morgan Stanley and TD Direct Investing, side by side.| Attribute | ||
|---|---|---|
| Coverage & fit | ||
Asset types | StocksETFsOptionsBondsMutual Funds | StocksETFsOptionsMutual FundsBonds |
Experience | BeginnerIntermediateAdvanced | BeginnerIntermediateAdvanced |
Regions | North America | North America |
Coverage details | Identifiers: Ticker and CUSIP | Countries: CAIdentifiers: Ticker and CUSIP |
| Access & integrations | ||
Export formats | CSVPDF | CSVPDF |
| Plans & trust | ||
Vendor & support | Morgan Stanley Smith Barney LLCCountry: United StatesSupport: Phone | TD Waterhouse Canada Inc.Country: CanadaSupport: Phone |
Green tags are exclusive to that tool in this comparison.
Questions we keep getting
What's the difference between E*TRADE from Morgan Stanley and TD Direct Investing?
E*TRADE from Morgan Stanley leans toward brokerage, portfolio, and watchlist, while TD Direct Investing puts more weight on brokerage, portfolio, and watchlist. They overlap in 5 categories, so for most people it comes down to workflow preference and price.
How much do E*TRADE from Morgan Stanley and TD Direct Investing cost?
Neither has a free plan; you'll need a paid subscription for the full feature set of either. Check each tool's current plan details before buying.
Should I choose E*TRADE from Morgan Stanley or TD Direct Investing?
It depends on what you're after. Pick E*TRADE from Morgan Stanley if advanced order types matter to you; go with TD Direct Investing if you prefer its overall approach. And if you only need the basics both share, let price decide.
Can I export data from E*TRADE from Morgan Stanley and TD Direct Investing?
Yes, both export to spreadsheets (CSV), which is handy if you like running your own numbers.
Can I track my portfolio with E*TRADE from Morgan Stanley or TD Direct Investing?
Yes, both do portfolio tracking: holdings, performance, and allocation in one place.
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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.