E*TRADE | Investing, Trading & Retirement (2024)

E*TRADE from Morgan Stanley charges $0 commission for online US-listed stock, ETF, mutual fund, and options trades. Exclusions may apply and E*TRADE from Morgan Stanley reserves the right to charge variable commission rates. The standard options contract fee is $0.65 per contract (or $0.50 per contract for customers who execute at least 30 stock, ETF, and options trades per quarter). The retail online $0 commission does not apply to Over-the-Counter (OTC) securities transactions, foreign stock transactions, large block transactions requiring special handling, futures, or fixed income investments. Service charges apply for trades placed through a broker ($25). Stock plan account transactions are subject to a separate commission schedule. All fees and expenses as described in a fund's prospectus still apply. Additional regulatory and exchange fees may apply. For more information about pricing, visitetrade.com/pricing.

Offer valid for E*TRADE customers with an eligible brokerage (non-retirement) account and funded within 60 days of account opening with $1,000 or more. Promo code: BONUS24

New customer opening only one account

This offer applies to customers who (i) are opening one new E*TRADE from Morgan Stanley self-directed brokerage (non-retirement) account (“E*TRADE account”); (ii) do not have an existing E*TRADE account; and (iii) do not open any other new E*TRADE accounts for 60 days after enrollment in this offer. If you are an existing customer or plan to open more than one E*TRADE account, then please refer to the “Existing Customers or New Customers Opening More than One Account” terms below.

Cash credits will be granted based on deposits of new funds or securities from external accounts made within 60 calendar days of account opening.

Reward tiers under $200,000 ($1,000-$24,999; $25,000-$49,999; $50,000-$99,999; $100,000-$199,999) will be paid within seven business days following the expiration of the 60-day period. However, if you deposit $200,000 or more in the new E*TRADE account, then you will receive your cash credit within seven business days after the date of your deposit, followed by any additional reward owed based on your fulfillment tier at the expiration of the 60-day period. If you have deposited at least $200,000 in the new E*TRADE account and you make subsequent deposits in that new E*TRADE account to reach a higher tier, then you will receive a second cash credit following the close of the 60-day window. For example, if you deposit $250,000 into your new E*TRADE account, then you will receive a cash credit of $600 within seven business days after the date of your deposit. Then if you deposit an additional $300,000 into your new E*TRADE account, then you will receive an additional cash credit of $400 at the end of the 60-day window for a total reward of $1,000. If you deposit $500,000 or more in your new E*TRADE account, then you will receive two cash credits that will total $1,000 within seven business days after the date of your deposit. Cash credits will be paid to the new E*TRADE account where the deposit is made.

Existing customers or new customers opening more than one new account

Existing customers or new customers opening more than one account are subject to different offer terms. Please click here to view offer terms.

OFFER RULES FOR ALL PARTICIPANTS

This offer applies only to E*TRADE from Morgan Stanley self-directed (non-retirement) brokerage accounts.

New funds or securities must (i) be deposited or transferred to the new E*TRADE account within 60 days of enrollment in this offer; (ii) be from accounts outside of E*TRADE; and (iii) remain in the new E*TRADE account (minus any trading losses) for a minimum of six months otherwise your cash credit(s) may be surrendered. For purposes of the value of a deposit, any securities transferred will be valued as of the closing price of that security on the business day the deposit is received as reflected in the transaction history. Removing any deposit or cash during the promotion period (60 days) may result in a lower reward amount or loss of reward.

Any assets transferred to the new E*TRADE account from an existing Morgan Stanley AAA brokerage account(s) will be excluded from the reward amount calculations, at E*TRADE’s sole discretion.

If you are attempting to enroll in this offer with a Joint Account, then the primary account holder may have to fulfill at the tiers noted before the secondary account holder can enroll in this offer. If you experience any issues when attempting to enroll with a Joint Account, then please contact us at 800-387-2331 and we will be able to assist you with your enrollment.

OFFER LIMITATIONS

This offer is valid for one new E*TRADE self-directed brokerage (non-retirement) account and funded within 60 days with a qualifying deposit.

The following account types are excluded from this offer: any business (incorporated or unincorporated) accounts, retirement accounts, advisory accounts, E*TRADE Futures accounts, Morgan Stanley AAA brokerage accounts, Morgan Stanley Private Bank, National Association accounts (“Excluded Accounts”). This offer excludes non-U.S. residents, and residents of any jurisdiction where this offer is not valid. You must be the original recipient of this offer to enroll. Customers may only be enrolled in one offer at a time. This offer cannot be combined with any other offers. Each customer is limited to a maximum of two new account offers.

E*TRADE reserves the right to terminate this offer at any time.

This offer neither is, nor should be construed as a recommendation or solicitation to buy, sell, or hold any security, financial product or instrument or to open a particular account or engage in any specific investment strategy.

E*TRADE | Investing, Trading & Retirement (2024)

FAQs

Is ETrade trustworthy? ›

E*TRADE is known as one of the world's largest online brokers, and for good reason. It offers an expansive range of investment choices and trading tools that are accessible through the website, desktop platform, and two mobile apps. While E*TRADE is strong across all platforms, it truly shines with its mobile apps.

How do I get $600 from ETrade? ›

For example, if you deposit $250,000 into your new E*TRADE account, then you will receive a cash credit of $600 within seven business days after the date of your deposit.

How do I get approved for options trading on ETrade? ›

To trade put options with E-trade it is necessary to have an approved margin account. 1 Investors may sign up for margin accounts with E-trade at us.etrade.com. Investors are faced with deciding whether they prefer to buy and sell options and whether they want to write options, either covered or naked.

Is ETrade easy for beginners? ›

With an easy-to-use website and friendly guidance, there's no need to feel overwhelmed.

How much is the monthly fee for Etrade? ›

No transaction fees for online wire transfers, stop payments, and more. See rates and fees. Maintain an average monthly account balance of $5,000 to waive the $15 monthly account fee. See more ways to avoid a fee.

Does it cost money to withdraw from Etrade? ›

No worries - E*TRADE is a reliable broker that lets you access your funds any time. You can use only bank transfers to withdraw funds. In most cases, you can get your money back within 2 days. E*TRADE charges $0 for basic withdrawals, but some methods may cost more.

Does Etrade report to the IRS? ›

Custodians and brokers such as E*TRADE are required to report cost basis information to the Internal Revenue Service (IRS) for covered securities that you buy or sell.

How do people make money from Etrade? ›

Ways to Earn Money on E*TRADE
  1. Trading Stocks. ...
  2. Investing in Mutual Funds. ...
  3. Trading Options. ...
  4. Investing in Bonds. ...
  5. Utilizing Automated Investing Services. ...
  6. Set Realistic Goals. ...
  7. Stay Informed and Educated. ...
  8. Practice Risk Management.

What is better, Robinhood or Etrade? ›

Robinhood's standard margin rate is 12%, while E*TRADE's margin rates range from 12.20% to 14.20%. If you are a frequent margin trader, Robinhood might be your pick based on the lower margin rate. Margin trading allows investors to purchase options or shares of a company with borrowed money.

How long does it take to get approved for etrade? ›

Your application needs time to be verified [1-3 days] after which you can deposit and start trading.

How to use etrade for beginners? ›

As a beginner investor on E*TRADE, the first step is to open an account, providing your personal details and funding it. Once your account is set up, familiarize yourself with the platform's tools and resources. Research potential stocks by analyzing company performance, industry trends, and financial reports.

How much money do you need to trade options on etrade? ›

How much money do I need to trade options on E-Trade? There is no minimum account balance required to apply for options trading. You can buy and write covered options contracts with a cash account. To create spreads or open uncovered positions, you must be trading in a margin account with a $2,000 minimum deposit.

How does E*TRADE work? ›

E*TRADE allows investors to trade stocks, mutual funds, ETFs, options and futures. Its bond offerings include core bonds, corporate bonds, ultra short-term bonds, municipal bonds and short-term municipal bonds. The company does not offer forex trading or cryptocurrency.

Which TRADE is best for beginners? ›

Overview: Swing trading is an excellent starting point for beginners. It strikes a balance between the fast-paced day trading and long-term investing.

Can you make money with Etrade? ›

Clients utilizing E*TRADE are able to explore various avenues for generating passive income, whether through dividend stocks or other investment vehicles. The platform offers a vast array of trading tools, empowering users to make informed decisions and execute trades efficiently.

Is Etrade safe and secure? ›

Your account security is important to us. In addition to the ways your assets are protected, the E*TRADE from Morgan Stanley Complete Protection Guarantee means you're not liable for unauthorized use of your account, and we'll never sell your personal information.

Does Etrade affect credit score? ›

Most investment accounts do not show up on your credit report. So, opening an investment account will generally not affect your credit score. Whether you are buying stocks with a credit card or investing by depositing cash into your account, your balance and investment performance will not impact your credit score.

Can you make money on Etrade? ›

Making money on E*TRADE involves leveraging online trading opportunities, smart investments in the stock market, and utilizing the platform's tools for risk management and portfolio growth to achieve financial independence.

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