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 $4,000 or more. Promo code: PROMO24

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 New 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 ($50-$999; $1,000-$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

How much money do you need to start an etrade account? ›

No minimum initial deposit is required to open this account. However, account must be funded within 30 days to remain open. No minimums balance is required to avoid monthly account fees.

Is e-trade legit? ›

The bottom line: E*TRADE has long been one of the most popular online brokers. The company's $0 commissions and strong trading platforms appeal to active traders, while beginner investors benefit from a large library of educational resources. per trade.

Does etrade charge a monthly fee? ›

Refer to the etrade.com/rateandfee for more details. The $15 monthly account fee can be waived when you maintain an average monthly balance of at least $5,000 in the account on or after the end of the second statement cycle.

Can you make money with 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.

Is ETrade good for beginners? ›

Using E*TRADE provides an excellent opportunity for beginners to delve into the world of investments. The platform offers a user-friendly interface with robust trading tools, educational resources, and diverse investment opportunities.

How safe is money in ETrade? ›

Cash in brokerage accounts are swept into one or more FDIC-insured depository institutions as part of the Bank Deposit Program and are FDIC insured up to $500,000 for individual and $1,000,000 for joint accounts.

How do I get my money from Etrade? ›

Steps to Withdraw Funds from E*TRADE
  1. Step 1: Log in to Your E*TRADE Account. ...
  2. Step 2: Click on 'Transfer & Pay' Tab. ...
  3. Step 3: Select 'Transfer Money' Option. ...
  4. Step 4: Choose 'Withdraw Money' Option. ...
  5. Step 5: Select the Account to Withdraw From. ...
  6. Step 6: Enter Withdrawal Amount. ...
  7. Step 7: Confirm and Submit Request.

Why is e-trade charging me a commission? ›

Orders that execute over more than one trading day, or orders that are changed, may be subject to an additional commission. Standard commissions for stock and options trades are $0 (plus an additional $0.65 per options contract). For options orders, an options regulatory fee will apply.

How do you make money with e trading? ›

E-currency trading can be a lucrative way to make money online. To earn income through e-currency trading, you can open an account with an exchange such as Coinbase or Kraken. On these exchanges, you can buy and sell cryptocurrency such as Bitcoin, Ethereum and Litecoin.

What bank owns ETrade? ›

E-Trade Financial Corporation (stylized as E*TRADE), a subsidiary of Morgan Stanley, offers an electronic trading platform to trade financial assets.

Is e-trade FDIC insured? ›

Is E*Trade safe? Yes. E*Trade is no more or less safe than any other broker to invest with. It is insured by the FDIC and SIPC.

Does it cost money to withdraw from ETrade? ›

Basic withdrawals cost $0, but there may be exceptions

While depositing money to a brokerage account is free in most cases, this is not necessarily always true for withdrawals. But I have good news: basic withdrawal at E*TRADE is free of charge.

How much money do I need to open an Etrade account? ›

It all starts with $0 commissions for online US-listed stock, ETF, mutual fund, and options trades. And there are no account minimums or maintenance fees.

How to use etrade for beginners? ›

Easy steps to start investing online
  1. Open an account. Apply online in about 10 minutes.
  2. Put money in. Add money to pay for the shares you want to buy.
  3. Pick an investment. Use our free screeners or Morgan Stanley equity research.
  4. Place your trade. Our intuitive website and mobile app will guide you.

How much money do you need to day TRADE on Etrade? ›

In regards to margin requirements, the minimum equity required for the accounts of customers deemed to be pattern day traders is $25,000. This minimum equity must be deposited in the margin account before the customer may open trades and must be maintained in the customer's account at all times.

What is the minimum deposit for an E-Trade account? ›

It all starts with $0 commissions for online US-listed stock, ETF, mutual fund, and options trades. And there are no account minimums or maintenance fees.

What are the requirements to open E-Trade account? ›

What you'll need to get started
  • Your residential address.
  • Your date of birth.
  • Your Social Security number or Employment Identification Number.
  • The contact information of your current employer (if applicable)
  • The information on the bank account you'll use to fund your E*TRADE account (you can always set this up later)
Dec 30, 2016

How do beginners buy stocks on E-Trade? ›

Easy steps to start investing online
  1. Open an account. Apply online in about 10 minutes.
  2. Put money in. Add money to pay for the shares you want to buy.
  3. Pick an investment. Use our free screeners or Morgan Stanley equity research.
  4. Place your trade. Our intuitive website and mobile app will guide you.

How much money do you need to day TRADE on E-Trade? ›

In regards to margin requirements, the minimum equity required for the accounts of customers deemed to be pattern day traders is $25,000. This minimum equity must be deposited in the margin account before the customer may open trades and must be maintained in the customer's account at all times.

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